Modelon AB Balance Sheet

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	42.1	62.63	38.99	111.86	169.4
Short-Term Investments	-	-	20	-	-
Cash & Short-Term Investments	42.1	62.63	58.99	111.86	169.4
Cash Growth	-32.77%	6.16%	-47.26%	-33.97%	237.01%
Accounts Receivable	15.3	34.85	21.16	22.74	18.93
Other Receivables	4	2.02	2.01	2.92	3.63
Receivables	19.3	36.87	23.17	25.65	22.56
Prepaid Expenses	-	1.59	1.82	1.8	1.51
Other Current Assets	-0.1	1.25	1.81	1.72	1.71
Total Current Assets	61.3	102.34	85.8	141.03	195.18
Property, Plant & Equipment	1.3	2.08	2.55	3.28	1.23
Other Intangible Assets	-	0.01	0.04	0.2	0.43
Long-Term Deferred Tax Assets	16.5	16.52	15.85	15.74	15.81
Total Assets	79.1	120.96	104.23	160.26	212.65
Accounts Payable	1.6	2.46	5.38	5.13	4.31
Accrued Expenses	-	10.55	7.32	8.4	9.32
Current Income Taxes Payable	-	0.07	0.05	0.12	0.13
Current Unearned Revenue	-	50.62	34.98	33.13	23.2
Other Current Liabilities	-	10.74	2.6	3.65	2.59
Total Current Liabilities	1.6	74.44	50.33	50.42	39.55
Long-Term Unearned Revenue	30.2	-	-	-	-
Long-Term Deferred Tax Liabilities	-	0.01	0.01	0.01	-
Other Long-Term Liabilities	14	-	-	-	-
Total Liabilities	45.8	74.45	50.34	50.43	39.55
Common Stock	1.5	1.44	0.92	0.92	0.92
Additional Paid-In Capital	271.3	251.35	200.19	200.14	200.07
Comprehensive Income & Other	-239.5	-206.28	-147.22	-91.24	-27.89
Shareholders' Equity	33.3	46.51	53.89	109.83	173.11
Total Liabilities & Equity	79.1	120.96	104.23	160.26	212.65
Net Cash (Debt)	42.1	62.63	58.99	111.86	169.4
Net Cash Growth	-32.77%	6.16%	-47.26%	-33.97%	237.01%
Net Cash Per Share	2.40	4.46	5.36	10.15	15.39
Filing Date Shares Outstanding	18.22	17.22	11.02	11.02	11.02
Total Common Shares Outstanding	18.22	17.22	11.02	11.02	11.02
Working Capital	59.7	27.89	35.46	90.61	155.63
Book Value Per Share	1.83	2.70	4.89	9.97	15.71
Tangible Book Value	33.3	46.5	53.86	109.63	172.68
Tangible Book Value Per Share	1.83	2.70	4.89	9.95	15.67
Machinery	-	7.37	7.34	8.34	5.49

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.