Modelon AB (publ) (STO:MODEL)

Modelon AB Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	32.2	42.06	62.63	38.99	111.86	169.4
Short-Term Investments	-	-	-	20	-	-
Cash & Short-Term Investments	32.2	42.06	62.63	58.99	111.86	169.4
Cash Growth	-34.69%	-32.84%	6.16%	-47.26%	-33.97%	237.01%
Accounts Receivable	5.2	15.64	34.85	21.16	22.74	18.93
Other Receivables	5.1	1.07	2.02	2.01	2.92	3.63
Receivables	10.3	16.71	36.87	23.17	25.65	22.56
Prepaid Expenses	-	1.23	1.59	1.82	1.8	1.51
Other Current Assets	-	1.32	1.25	1.81	1.72	1.71
Total Current Assets	42.5	61.33	102.34	85.8	141.03	195.18
Property, Plant & Equipment	1.3	1.29	2.08	2.55	3.28	1.23
Other Intangible Assets	-	-	0.01	0.04	0.2	0.43
Long-Term Deferred Tax Assets	16.8	16.52	16.52	15.85	15.74	15.81
Total Assets	60.6	79.14	120.96	104.23	160.26	212.65

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.8	1.6	2.46	5.38	5.13	4.31
Accrued Expenses	-	6.93	10.55	7.32	8.4	9.32
Current Income Taxes Payable	-	0.08	0.07	0.05	0.12	0.13
Current Unearned Revenue	-	32.48	50.62	34.98	33.13	23.2
Other Current Liabilities	-	4.76	10.74	2.6	3.65	2.59
Total Current Liabilities	1.8	45.85	74.44	50.33	50.42	39.55
Long-Term Deferred Tax Liabilities	-	-	0.01	0.01	0.01	-
Other Long-Term Liabilities	13.5	-	-	-	-	-
Total Liabilities	39.9	45.85	74.45	50.34	50.43	39.55

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1.5	1.53	1.44	0.92	0.92	0.92
Additional Paid-In Capital	271.3	271.26	251.35	200.19	200.14	200.07
Comprehensive Income & Other	-252.1	-239.5	-206.28	-147.22	-91.24	-27.89
Shareholders' Equity	20.7	33.29	46.51	53.89	109.83	173.11
Total Liabilities & Equity	60.6	79.14	120.96	104.23	160.26	212.65

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash (Debt)	32.2	42.06	62.63	58.99	111.86	169.4
Net Cash Growth	-34.69%	-32.84%	6.16%	-47.26%	-33.97%	237.01%
Net Cash Per Share	1.78	2.40	4.46	5.36	10.15	15.39
Filing Date Shares Outstanding	18.22	18.22	17.22	11.02	11.02	11.02
Total Common Shares Outstanding	18.22	18.22	17.22	11.02	11.02	11.02
Working Capital	40.7	15.48	27.89	35.46	90.61	155.63
Book Value Per Share	1.14	1.83	2.70	4.89	9.97	15.71
Tangible Book Value	20.7	33.29	46.5	53.86	109.63	172.68
Tangible Book Value Per Share	1.14	1.83	2.70	4.89	9.95	15.67
Machinery	-	6.04	7.37	7.34	8.34	5.49

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

Data Sources Report a data error