Hepsor AS Balance Sheet

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

Millions EUR. 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	1.87	6.25	7.6	3.75	10.89	4.21
Cash & Short-Term Investments	1.87	6.25	7.6	3.75	10.89	4.21
Cash Growth	-72.67%	-17.82%	102.56%	-65.53%	158.83%	57.74%
Accounts Receivable	1.34	0.45	0.34	0.71	0.08	0.07
Other Receivables	0.06	0.05	0.07	0.02	0.04	0
Receivables	1.41	0.7	0.73	0.73	2.51	0.85
Inventory	54.13	64.25	77.55	70.04	37.38	22.95
Prepaid Expenses	0.01	-	-	0	-	-
Other Current Assets	0.25	0.15	1.02	0.72	0.38	0.45
Total Current Assets	57.66	71.35	86.9	75.25	51.17	28.46
Property, Plant & Equipment	0.27	0.29	0.16	0.23	0.23	0.49
Long-Term Investments	7.55	6.42	2.01	1.09	0.4	0
Other Intangible Assets	0	0	0	0.01	-	-
Other Long-Term Assets	8.61	8.32	0.2	0.03	0.14	0.11
Total Assets	80.67	88.81	91	78.37	55.35	30.43
Accounts Payable	1.12	1.14	2.96	1.91	1.51	0.83
Accrued Expenses	1.28	1.93	1.75	1.66	0.52	1.1
Current Portion of Long-Term Debt	8.19	23.34	40.6	22.57	5.5	4.04
Current Portion of Leases	0.01	0.05	0.04	0.05	0.12	0.17
Current Income Taxes Payable	-	0.04	-	0.01	0.01	0.06
Current Unearned Revenue	1.21	0.72	2.62	3.05	-	-
Other Current Liabilities	2.86	3.44	2.47	0.44	4.67	1.86
Total Current Liabilities	14.67	30.65	50.45	29.67	12.33	8.06
Long-Term Debt	36.72	31.35	16.31	26.02	22.86	12.12
Long-Term Leases	0.16	0.16	0.03	0.07	0.07	0.27
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.06
Other Long-Term Liabilities	7.5	4.64	2.06	2.29	1.05	0.4
Total Liabilities	59.05	66.8	68.84	58.05	36.31	20.91
Common Stock	21.32	20.91	20.99	19.87	18.9	9.45
Total Common Equity	21.32	20.91	20.99	19.87	18.9	9.45
Minority Interest	0.29	1.1	1.17	0.46	0.13	0.07
Shareholders' Equity	21.61	22.01	22.16	20.32	19.04	9.52
Total Liabilities & Equity	80.67	88.81	91	78.37	55.35	30.43
Total Debt	45.09	54.9	56.97	48.69	28.55	16.6
Net Cash (Debt)	-43.22	-48.65	-49.37	-44.94	-17.66	-12.39
Net Cash Per Share	-11.15	-12.62	-12.81	-11.66	-5.65	-4.13
Filing Date Shares Outstanding	3.91	3.85	3.85	3.85	3.85	3.85
Total Common Shares Outstanding	3.91	3.85	3.85	3.85	3.85	3.85
Working Capital	42.99	40.7	36.45	45.57	38.84	20.4
Book Value Per Share	5.45	5.43	5.45	5.15	4.90	2.45
Tangible Book Value	21.32	20.91	20.99	19.86	18.9	9.45
Tangible Book Value Per Share	5.45	5.42	5.45	5.15	4.90	2.45
Machinery	-	0.06	0.06	0.06	0.02	0.08

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.