Upsales Technology AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	20.51	47.43	52.61	64.44	66.36	35.4
Cash & Short-Term Investments	20.51	47.43	52.61	64.44	66.36	35.4
Cash Growth	-31.32%	-9.83%	-18.36%	-2.90%	87.49%	113.99%
Accounts Receivable	14.83	19.79	26.36	26.7	22.09	18.72
Other Receivables	3.63	2.12	0.38	0.11	0.04	0.27
Receivables	18.46	21.91	26.75	26.81	22.14	18.99
Prepaid Expenses	7.48	6.37	8.39	7.15	5.32	2.58
Total Current Assets	46.44	75.72	87.74	98.4	93.82	56.97
Property, Plant & Equipment	6.19	5.29	6.74	6.11	3.86	1.41
Goodwill	-	-	-	-	-	0.96
Other Intangible Assets	29.38	22.8	20.69	18.91	17.41	14.81
Long-Term Deferred Tax Assets	0.36	-	-	-	-	-
Other Long-Term Assets	0.01	0.36	0.73	1.07	0.71	-
Total Assets	82.38	104.17	115.9	124.5	115.79	74.15
Accounts Payable	4.05	8.07	3.51	3.7	11.49	1.66
Accrued Expenses	62.01	2.23	3.16	2.16	2.7	-
Current Income Taxes Payable	-	-	6.55	7.71	4.02	1.21
Current Unearned Revenue	-	66.44	67.01	67.91	53.46	37.34
Other Current Liabilities	3.72	5.52	5.39	6.34	5.45	6.78
Total Current Liabilities	69.78	82.25	85.63	87.82	77.12	46.99
Other Long-Term Liabilities	0	-	-	0	-	-
Total Liabilities	69.78	82.25	85.63	87.82	77.12	46.99
Common Stock	12.6	0.67	0.67	0.67	0.67	0.67
Additional Paid-In Capital	-	34.83	34.83	36.48	28.29	26.48
Comprehensive Income & Other	-	-13.59	-5.24	-0.48	9.72	0.02
Shareholders' Equity	12.6	21.91	30.27	36.67	38.68	27.16
Total Liabilities & Equity	82.38	104.17	115.9	124.5	115.79	74.15
Net Cash (Debt)	20.51	47.43	52.61	64.44	66.36	35.4
Net Cash Growth	-31.32%	-9.83%	-18.36%	-2.90%	87.49%	113.99%
Net Cash Per Share	1.22	2.82	3.12	3.81	3.89	2.13
Filing Date Shares Outstanding	16.84	16.84	16.84	16.84	16.63	16.63
Total Common Shares Outstanding	16.84	16.84	16.84	16.84	16.63	16.63
Working Capital	-23.33	-6.53	2.12	10.58	16.7	9.98
Book Value Per Share	0.75	1.30	1.80	2.18	2.33	1.63
Tangible Book Value	-16.78	-0.89	9.58	17.76	21.27	11.39
Tangible Book Value Per Share	-1.00	-0.05	0.57	1.05	1.28	0.69
Machinery	-	11.92	11.46	8.52	6.55	3.73

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