Serstech AB (STO:SERT)

Serstech AB Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.07	9.29	18.47	1.87	19.57	11.4
Cash & Short-Term Investments	42.07	9.29	18.47	1.87	19.57	11.4
Cash Growth	134.49%	-49.72%	889.93%	-90.47%	71.76%	-24.43%
Accounts Receivable	5.43	2.57	3.61	11.48	0.8	3.62
Other Receivables	4.09	34.28	1.43	1.9	1.27	2.99
Receivables	9.52	36.85	5.04	13.38	2.07	6.61
Inventory	5.95	4.56	3.49	1.87	3.01	2.2
Prepaid Expenses	1.03	0.86	0.9	0.82	0.46	0.35
Other Current Assets	0	1.05	0.13	-	-	-
Total Current Assets	58.57	52.61	28.03	17.93	25.12	20.55
Property, Plant & Equipment	0.48	0.19	0.38	0.19	0.34	0.38
Other Intangible Assets	31.28	6.13	5.39	2.5	26.83	0.54
Long-Term Deferred Tax Assets	0.09	0.09	0.08	0.07	0.05	0.02
Long-Term Deferred Charges	-	25.7	25.83	31.85	14.23	34.77
Other Long-Term Assets	-	10	-	-	-	-
Total Assets	90.43	94.72	59.71	52.55	66.56	56.25
Accounts Payable	8.16	7.63	3.13	4.96	3.76	3.99
Accrued Expenses	3.35	2.45	4.94	1.24	1.82	2.83
Current Portion of Long-Term Debt	-	-	1.8	0.74	1.7	1.6
Current Income Taxes Payable	0.34	0.12	0.12	0.2	0.31	0.2
Current Unearned Revenue	-	-	-	4.05	2.06	1.72
Other Current Liabilities	2.32	7	0.93	10.53	0.68	0.71
Total Current Liabilities	14.17	17.19	10.94	21.71	10.33	11.04
Long-Term Debt	-	-	-	4	-	1.22
Other Long-Term Liabilities	1.11	0.97	0.8	0.22	0.12	0.12
Total Liabilities	15.28	18.16	11.74	25.93	10.45	12.38
Common Stock	75.15	7.38	6	9.43	9.43	8.02
Additional Paid-In Capital	-	157.21	120.91	113.93	113.98	92.92
Retained Earnings	-	-87.74	-78.61	-96.68	-67.17	-56.92
Comprehensive Income & Other	-	-0.3	-0.33	-0.06	-0.13	-0.14
Shareholders' Equity	75.15	76.56	47.97	26.62	56.11	43.87
Total Liabilities & Equity	90.43	94.72	59.71	52.55	66.56	56.25
Total Debt	-	-	1.8	4.74	1.7	2.82
Net Cash (Debt)	42.07	9.29	16.67	-2.87	17.88	8.58
Net Cash Growth	151.30%	-44.29%	-	-	108.41%	-28.14%
Net Cash Per Share	0.18	0.04	0.11	-0.03	0.23	0.12
Filing Date Shares Outstanding	254.32	238.84	206.7	83.82	83.82	71.24
Total Common Shares Outstanding	254.32	238.84	206.7	83.82	83.82	71.24
Working Capital	44.4	35.42	17.09	-3.78	14.79	9.51
Book Value Per Share	0.30	0.32	0.23	0.32	0.67	0.62
Tangible Book Value	43.87	70.43	42.58	24.12	29.28	43.34
Tangible Book Value Per Share	0.17	0.29	0.21	0.29	0.35	0.61
Machinery	-	2.61	2.72	2.4	2.37	2.13

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.