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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	27.96	9.29	18.47	1.87	19.57	11.4
Cash & Short-Term Investments	27.96	9.29	18.47	1.87	19.57	11.4
Cash Growth	124.13%	-49.72%	889.93%	-90.47%	71.76%	-24.43%
Accounts Receivable	2.03	2.57	3.61	11.48	0.8	3.62
Other Receivables	2.94	34.28	1.43	1.9	1.27	2.99
Receivables	4.97	36.85	5.04	13.38	2.07	6.61
Inventory	7.54	4.56	3.49	1.87	3.01	2.2
Prepaid Expenses	1	0.86	0.9	0.82	0.46	0.35
Other Current Assets	-	1.05	0.13	-	-	-
Total Current Assets	41.48	52.61	28.03	17.93	25.12	20.55
Property, Plant & Equipment	0.76	0.19	0.38	0.19	0.34	0.38
Other Intangible Assets	30.79	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	73.13	94.72	59.71	52.55	66.56	56.25
Accounts Payable	4.17	7.63	3.13	4.96	3.76	3.99
Accrued Expenses	1.76	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	-	0.12	0.12	0.2	0.31	0.2
Current Unearned Revenue	-	-	-	4.05	2.06	1.72
Other Current Liabilities	1.83	7	0.93	10.53	0.68	0.71
Total Current Liabilities	7.76	17.19	10.94	21.71	10.33	11.04
Long-Term Debt	-	-	-	4	-	1.22
Other Long-Term Liabilities	1.15	0.97	0.8	0.22	0.12	0.12
Total Liabilities	8.91	18.16	11.74	25.93	10.45	12.38
Common Stock	64.21	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	64.21	76.56	47.97	26.62	56.11	43.87
Total Liabilities & Equity	73.13	94.72	59.71	52.55	66.56	56.25
Total Debt	-	-	1.8	4.74	1.7	2.82
Net Cash (Debt)	27.96	9.29	16.67	-2.87	17.88	8.58
Net Cash Growth	124.13%	-44.29%	-	-	108.41%	-28.14%
Net Cash Per Share	0.11	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	33.72	35.42	17.09	-3.78	14.79	9.51
Book Value Per Share	0.25	0.32	0.23	0.32	0.67	0.62
Tangible Book Value	33.42	70.43	42.58	24.12	29.28	43.34
Tangible Book Value Per Share	0.13	0.29	0.21	0.29	0.35	0.61
Machinery	-	2.61	2.72	2.4	2.37	2.13

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.