Serstech 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	9.76	9.29	18.47	1.87	19.57
Cash & Short-Term Investments	9.76	9.29	18.47	1.87	19.57
Cash Growth	5.05%	-49.72%	889.93%	-90.47%	71.76%
Accounts Receivable	5.95	2.57	3.61	11.48	0.8
Other Receivables	1.75	34.28	1.43	1.9	1.27
Receivables	7.7	36.85	5.04	13.38	2.07
Inventory	6.92	4.56	3.49	1.87	3.01
Prepaid Expenses	0.82	0.86	0.9	0.82	0.46
Other Current Assets	-	1.05	0.13	-	-
Total Current Assets	25.19	52.61	28.03	17.93	25.12
Property, Plant & Equipment	0.68	0.19	0.38	0.19	0.34
Other Intangible Assets	31.62	6.13	5.39	2.5	26.83
Long-Term Deferred Tax Assets	-	0.09	0.08	0.07	0.05
Long-Term Deferred Charges	-	25.7	25.83	31.85	14.23
Other Long-Term Assets	-	10	-	-	-
Total Assets	57.5	94.72	59.71	52.55	66.56
Accounts Payable	2.08	7.63	3.13	4.96	3.76
Accrued Expenses	2.39	2.45	4.94	1.24	1.82
Current Portion of Long-Term Debt	-	-	1.8	0.74	1.7
Current Income Taxes Payable	-	0.12	0.12	0.2	0.31
Current Unearned Revenue	-	-	-	4.05	2.06
Other Current Liabilities	3.98	7	0.93	10.53	0.68
Total Current Liabilities	8.45	17.19	10.94	21.71	10.33
Long-Term Debt	-	-	-	4	-
Other Long-Term Liabilities	1.26	0.97	0.8	0.22	0.12
Total Liabilities	9.71	18.16	11.74	25.93	10.45
Common Stock	47.79	7.38	6	9.43	9.43
Additional Paid-In Capital	-	157.21	120.91	113.93	113.98
Retained Earnings	-	-87.74	-78.61	-96.68	-67.17
Comprehensive Income & Other	-	-0.3	-0.33	-0.06	-0.13
Shareholders' Equity	47.79	76.56	47.97	26.62	56.11
Total Liabilities & Equity	57.5	94.72	59.71	52.55	66.56
Total Debt	-	-	1.8	4.74	1.7
Net Cash (Debt)	9.76	9.29	16.67	-2.87	17.88
Net Cash Growth	5.05%	-44.29%	-	-	108.41%
Net Cash Per Share	0.04	0.04	0.11	-0.03	0.23
Filing Date Shares Outstanding	254.32	238.84	206.7	83.82	83.82
Total Common Shares Outstanding	254.32	238.84	206.7	83.82	83.82
Working Capital	16.74	35.42	17.09	-3.78	14.79
Book Value Per Share	0.19	0.32	0.23	0.32	0.67
Tangible Book Value	16.16	70.43	42.58	24.12	29.28
Tangible Book Value Per Share	0.06	0.29	0.21	0.29	0.35
Machinery	-	2.61	2.72	2.4	2.37

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