Serstech AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.79	9.76	9.29	18.47	1.87	19.57
Cash & Short-Term Investments	0.79	9.76	9.29	18.47	1.87	19.57
Cash Growth	-98.13%	5.05%	-49.72%	889.93%	-90.47%	71.76%
Accounts Receivable	7.62	5.95	2.57	3.61	11.48	0.8
Other Receivables	1.77	1.75	34.28	1.43	1.9	1.27
Receivables	9.39	7.7	36.85	5.04	13.38	2.07
Inventory	7.89	6.92	4.56	3.49	1.87	3.01
Prepaid Expenses	0.97	0.82	0.86	0.9	0.82	0.46
Other Current Assets	-	-	1.05	0.13	-	-
Total Current Assets	19.03	25.19	52.61	28.03	17.93	25.12
Property, Plant & Equipment	0.64	0.68	0.19	0.38	0.19	0.34
Other Intangible Assets	31.38	12.77	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	-	18.86	25.7	25.83	31.85	14.23
Other Long-Term Assets	-	-	10	-	-	-
Total Assets	51.05	57.5	94.72	59.71	52.55	66.56
Accounts Payable	2.32	2.08	7.63	3.13	4.96	3.76
Accrued Expenses	2.11	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	4.09	3.98	7	0.93	10.53	0.68
Total Current Liabilities	8.53	8.45	17.19	10.94	21.71	10.33
Long-Term Debt	-	-	-	-	4	-
Other Long-Term Liabilities	1.32	1.26	0.97	0.8	0.22	0.12
Total Liabilities	9.84	9.71	18.16	11.74	25.93	10.45
Common Stock	41.21	7.38	7.38	6	9.43	9.43
Additional Paid-In Capital	-	157.21	157.21	120.91	113.93	113.98
Retained Earnings	-	-116.81	-87.74	-78.61	-96.68	-67.17
Comprehensive Income & Other	-	-	-0.3	-0.33	-0.06	-0.13
Shareholders' Equity	41.21	47.79	76.56	47.97	26.62	56.11
Total Liabilities & Equity	51.05	57.5	94.72	59.71	52.55	66.56
Total Debt	-	-	-	1.8	4.74	1.7
Net Cash (Debt)	0.79	9.76	9.29	16.67	-2.87	17.88
Net Cash Growth	-98.13%	5.05%	-44.29%	-	-	108.41%
Net Cash Per Share	0.00	0.04	0.04	0.11	-0.03	0.23
Filing Date Shares Outstanding	254.32	254.32	238.84	206.7	83.82	83.82
Total Common Shares Outstanding	254.32	254.32	238.84	206.7	83.82	83.82
Working Capital	10.5	16.74	35.42	17.09	-3.78	14.79
Book Value Per Share	0.16	0.19	0.32	0.23	0.32	0.67
Tangible Book Value	9.82	35.02	70.43	42.58	24.12	29.28
Tangible Book Value Per Share	0.04	0.14	0.29	0.21	0.29	0.35
Machinery	-	3.12	2.61	2.72	2.4	2.37

Source: S&P Global Market Intelligence. Standard template. Financial Sources.