STO:SES 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	35.03	73.49	75.31	214.9	29.98	123.25
Cash & Short-Term Investments	35.03	73.49	75.31	214.9	29.98	123.25
Cash Growth	12.16%	-2.41%	-64.96%	616.82%	-75.67%	211.41%
Accounts Receivable	-	1.6	2.95	2.61	0.77	0.37
Other Receivables	10.95	12.79	30	5.38	5.23	3.47
Receivables	10.95	14.39	32.95	7.99	6	3.83
Inventory	0.35	2.62	1.83	2.12	2.09	2.3
Prepaid Expenses	4.23	4.14	1.21	1.06	0.98	0.61
Other Current Assets	0	-	0	-	-	-0
Total Current Assets	50.55	94.64	111.29	226.06	39.05	129.98
Property, Plant & Equipment	1.68	74.61	82.84	79.17	78.76	70.67
Long-Term Investments	14.39	14.39	108.43	-	-	-
Goodwill	-	-	-	-	1.22	2.44
Other Intangible Assets	0.4	0.52	1.89	2.45	2.87	3.41
Long-Term Deferred Charges	107.09	96.88	140.43	73.72	48.95	36.38
Other Long-Term Assets	-	-	-	-	-	0.15
Total Assets	174.11	281.04	444.88	381.4	170.85	243.04
Accounts Payable	13.64	17.69	17.61	10.14	9.33	5.54
Accrued Expenses	7.88	17.86	6.03	7.1	6.15	3.98
Current Portion of Long-Term Debt	-	0.82	0.82	0.82	0.82	0.78
Other Current Liabilities	7.3	16.13	29.44	25.16	5.77	4.77
Total Current Liabilities	28.82	52.5	53.9	43.21	22.06	15.07
Long-Term Debt	-	2.76	3.58	4.39	5.21	-
Other Long-Term Liabilities	0	-	0	-	-	0.8
Total Liabilities	28.82	55.26	57.47	47.6	27.27	15.87
Common Stock	43.83	43.83	32.27	32.27	26.27	26.27
Additional Paid-In Capital	1,039	1,015	821.24	821.24	544.7	544.7
Comprehensive Income & Other	-937.82	-832.72	-466.1	-519.71	-427.39	-343.8
Shareholders' Equity	145.29	225.79	387.41	333.79	143.58	227.16
Total Liabilities & Equity	174.11	281.04	444.88	381.4	170.85	243.04
Total Debt	-	3.58	4.39	5.21	6.02	0.78
Net Cash (Debt)	35.03	69.92	70.91	209.69	23.96	122.47
Net Cash Growth	29.53%	-1.41%	-66.18%	775.34%	-80.44%	243.69%
Net Cash Per Share	0.03	0.07	0.09	0.27	0.04	0.21
Filing Date Shares Outstanding	1,096	1,096	806.62	806.62	656.62	656.62
Total Common Shares Outstanding	1,096	1,096	806.62	806.62	656.62	656.62
Working Capital	21.73	42.14	57.4	182.84	16.98	114.91
Book Value Per Share	0.13	0.21	0.48	0.41	0.22	0.35
Tangible Book Value	144.89	225.26	385.52	331.34	139.49	221.32
Tangible Book Value Per Share	0.13	0.21	0.48	0.41	0.21	0.34
Machinery	-	-	136.09	123.28	115.73	101.22

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