Hepsor AS Balance Sheet

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

Millions EUR. 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	4.35	3.82	6.25	7.6	3.75	10.89
Cash & Short-Term Investments	4.35	3.82	6.25	7.6	3.75	10.89
Cash Growth	33.41%	-38.85%	-17.82%	102.56%	-65.53%	158.83%
Accounts Receivable	2.17	0.99	0.45	0.34	0.71	0.08
Other Receivables	-	0.44	0.05	0.07	0.02	0.04
Receivables	2.17	1.43	0.7	0.73	0.73	2.51
Inventory	62.6	59	64.25	77.55	70.04	37.38
Prepaid Expenses	-	-	-	-	0	-
Other Current Assets	-	0.32	0.15	1.02	0.72	0.38
Total Current Assets	69.13	64.57	71.35	86.9	75.25	51.17
Property, Plant & Equipment	0.24	0.26	0.29	0.16	0.23	0.23
Long-Term Investments	8.59	7.86	6.42	2.01	1.09	0.4
Other Intangible Assets	-	-	0	0	0.01	-
Other Long-Term Assets	12.81	12.63	8.32	0.2	0.03	0.14
Total Assets	97.29	91.84	88.81	91	78.37	55.35
Accounts Payable	7.75	1.59	1.14	2.96	1.91	1.51
Accrued Expenses	-	2.11	1.93	1.75	1.66	0.52
Current Portion of Long-Term Debt	4.24	5.69	23.34	40.6	22.57	5.5
Current Portion of Leases	0.04	0.05	0.05	0.04	0.05	0.12
Current Income Taxes Payable	-	0.07	0.04	-	0.01	0.01
Current Unearned Revenue	2.78	1.54	0.72	2.62	3.05	-
Other Current Liabilities	-	3.06	3.44	2.47	0.44	4.67
Total Current Liabilities	14.8	14.11	30.65	50.45	29.67	12.33
Long-Term Debt	47.26	42.06	31.35	16.31	26.02	22.86
Long-Term Leases	0.11	0.11	0.16	0.03	0.07	0.07
Other Long-Term Liabilities	8.8	8.47	4.64	2.06	2.29	1.05
Total Liabilities	70.98	64.76	66.8	68.84	58.05	36.31
Common Stock	20.03	20.86	20.91	20.99	19.87	18.9
Total Common Equity	20.03	20.86	20.91	20.99	19.87	18.9
Minority Interest	6.28	6.22	1.1	1.17	0.46	0.13
Shareholders' Equity	26.31	27.08	22.01	22.16	20.32	19.04
Total Liabilities & Equity	97.29	91.84	88.81	91	78.37	55.35
Total Debt	51.65	47.91	54.9	56.97	48.69	28.55
Net Cash (Debt)	-47.3	-44.09	-48.65	-49.37	-44.94	-17.66
Net Cash Per Share	-11.95	-11.36	-12.62	-12.81	-11.66	-5.65
Filing Date Shares Outstanding	3.98	3.91	3.85	3.85	3.85	3.85
Total Common Shares Outstanding	3.98	3.91	3.85	3.85	3.85	3.85
Working Capital	54.33	50.45	40.7	36.45	45.57	38.84
Book Value Per Share	5.04	5.33	5.43	5.45	5.15	4.90
Tangible Book Value	20.03	20.86	20.91	20.99	19.86	18.9
Tangible Book Value Per Share	5.04	5.33	5.42	5.45	5.15	4.90
Machinery	-	0.06	0.06	0.06	0.06	0.02

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