Vitec Software Group AB (publ) (STO: VIT.B)

Vitec Software Group AB Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	276.27	171.85	615.79	119.86	134.7	16.66
Cash & Short-Term Investments	276.27	171.85	615.79	119.86	134.7	16.66
Cash Growth	-30.34%	-72.09%	413.77%	-11.02%	708.59%	-92.92%
Accounts Receivable	489.94	438.21	331.75	246.69	220.77	197.38
Other Receivables	-	67.43	56.19	29.96	19.48	45.48
Receivables	489.94	505.64	387.93	276.65	240.25	242.86
Inventory	3.9	4.65	2.83	2.79	2.96	3.78
Prepaid Expenses	-	55.79	42.32	36.64	31.48	21.66
Total Current Assets	770.12	737.93	1,049	435.93	409.38	284.96
Property, Plant & Equipment	146.82	162.69	155.99	163.75	104.19	130.66
Long-Term Investments	48.92	35.78	31.7	21.71	-	-
Goodwill	4,153	3,963	2,901	1,689	769.99	617.9
Other Intangible Assets	3,045	2,915	2,163	1,429	917.37	847.8
Long-Term Deferred Tax Assets	8.14	7.32	13.48	8.06	4.52	7.02
Other Long-Term Assets	-0	7.81	7.11	3.78	1.33	2.01
Total Assets	8,172	7,829	6,321	3,752	2,207	1,890
Accounts Payable	72.28	57.27	56.7	46.78	35.09	34.76
Accrued Expenses	290.4	193.15	164.74	114.87	93.1	86.44
Current Portion of Long-Term Debt	146.06	13.33	37.79	21.07	2.76	3.03
Current Portion of Leases	50.5	46.63	37.21	37.97	29.58	30.85
Current Income Taxes Payable	-	41.03	61.7	36.59	29.51	10.67
Current Unearned Revenue	364.71	267.91	239.94	203.35	168.03	144.55
Other Current Liabilities	329.93	410.67	362.37	160.36	172.35	73.64
Total Current Liabilities	1,254	1,030	960.44	621	530.43	383.93
Long-Term Debt	2,061	2,149	1,492	736.33	555.33	467.41
Long-Term Leases	29.8	48	56.51	78.39	29.03	55.82
Long-Term Deferred Tax Liabilities	611.64	584.98	407.7	289.29	185.8	174.03
Other Long-Term Liabilities	644.63	607	192.64	32.88	59.07	44.68
Total Liabilities	4,601	4,422	3,111	1,763	1,363	1,131
Common Stock	3,571	3.75	3.73	3.5	3.28	3.26
Additional Paid-In Capital	-	2,145	2,111	1,262	316.64	316.64
Retained Earnings	-	1,136	897.38	721.24	574.39	426.52
Comprensive Income & Other	-	123.47	197.72	2.82	-50.95	13.02
Shareholders' Equity	3,571	3,408	3,210	1,989	843.35	759.43
Total Liabilities & Equity	8,172	7,829	6,321	3,752	2,207	1,890
Total Debt	2,288	2,257	1,623	873.76	616.71	557.1
Net Cash (Debt)	-2,011	-2,085	-1,007	-753.9	-482.01	-540.44
Net Cash Per Share	-53.65	-55.77	-27.79	-21.97	-14.61	-16.69
Filing Date Shares Outstanding	37.54	37.54	37.33	35.05	33.03	32.57
Total Common Shares Outstanding	37.54	37.54	37.33	35.05	32.77	32.57
Working Capital	-483.76	-292.07	88.43	-185.07	-121.05	-98.97
Book Value Per Share	95.12	90.78	85.99	56.76	25.73	23.31
Tangible Book Value	-3,627	-3,470	-1,854	-1,129	-844.01	-706.27
Tangible Book Value Per Share	-96.62	-92.45	-49.66	-32.23	-25.75	-21.68
Buildings	-	38.7	33.6	30.4	25.03	23.11
Machinery	-	134.31	129.32	114.13	92.43	78.85

Source: S&P Capital IQ. Standard template. Financial Sources.