Arad Ltd. Balance Sheet

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

Millions USD. 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	21.15	17.55	14.3	16.68	31.74	29.15
Trading Asset Securities	-	-	-	-	7.19	6.62
Cash & Short-Term Investments	21.15	17.55	14.3	16.68	38.93	35.77
Cash Growth	62.18%	22.73%	-14.26%	-57.15%	8.81%	50.05%
Accounts Receivable	99.48	78.74	68.55	72.43	63.79	61
Other Receivables	12.87	7.58	8.08	7.42	4.65	4.38
Receivables	112.35	86.32	76.63	79.85	68.45	65.37
Inventory	164.09	149.7	158.18	134.88	95.41	95.58
Prepaid Expenses	-	3.9	2.24	1.76	1.83	1.4
Other Current Assets	0.73	1.63	1.66	1.32	1.49	1.69
Total Current Assets	298.32	259.09	253.01	234.49	206.11	199.82
Property, Plant & Equipment	64	62.86	62.02	51.07	42.89	44.88
Goodwill	12.75	11.32	12.14	11.63	12.25	13.22
Other Intangible Assets	7.2	6.6	8.36	9.47	11.49	13.49
Long-Term Accounts Receivable	-	1.29	1.51	1.77	3.06	4.3
Long-Term Deferred Tax Assets	7.36	6.07	6.02	3.76	3.63	3.88
Long-Term Deferred Charges	-	1	1.48	1.99	2.13	2.5
Other Long-Term Assets	7.5	5.98	3.51	3.71	3.71	3.62
Total Assets	397.14	354.21	348.05	317.88	285.26	285.7
Accounts Payable	65.03	51.9	53.42	61.29	39.83	36.75
Accrued Expenses	-	19.39	19.92	17.51	19.38	12.33
Short-Term Debt	37.14	26.26	24.09	21.04	5.78	14.68
Current Portion of Long-Term Debt	-	15.75	15.93	11.99	11.33	11.05
Current Portion of Leases	6.11	5.74	5.17	3.92	3.92	4.16
Current Income Taxes Payable	2.16	0.87	1.72	0.71	1.11	0.19
Current Unearned Revenue	-	3.48	3.11	2.45	1.91	2.05
Other Current Liabilities	48.93	16.41	15.41	13.26	20.87	13.36
Total Current Liabilities	159.37	139.8	138.76	132.18	104.12	94.57
Long-Term Debt	28.65	26.61	29.64	27.29	27.16	29.39
Long-Term Leases	17.74	17.91	16.37	13.44	11.51	12.51
Long-Term Unearned Revenue	-	-	-	-	0.05	0.13
Pension & Post-Retirement Benefits	3.82	3.32	3.36	2.93	3.11	3.06
Long-Term Deferred Tax Liabilities	1.72	1.99	2.12	2.43	2.82	3.59
Other Long-Term Liabilities	-	-	-	-	-	11.49
Total Liabilities	211.3	189.63	190.25	178.27	148.78	154.73
Common Stock	1.02	1.02	1.02	1.02	1.02	1.02
Additional Paid-In Capital	33.67	33.67	33.67	32.25	32.25	32.25
Retained Earnings	153.91	142	129.71	115.61	109.19	99.24
Comprehensive Income & Other	-3.89	-13.39	-7.75	-10.07	-6.9	-2.4
Total Common Equity	184.72	163.31	156.66	138.81	135.57	130.11
Minority Interest	1.11	1.27	1.15	0.81	0.92	0.86
Shareholders' Equity	185.83	164.58	157.8	139.61	136.49	130.97
Total Liabilities & Equity	397.14	354.21	348.05	317.88	285.26	285.7
Total Debt	89.63	92.27	91.2	77.68	59.69	71.79
Net Cash (Debt)	-68.48	-74.72	-76.9	-61	-20.77	-36.02
Net Cash Per Share	-2.77	-3.02	-3.11	-2.47	-0.84	-1.46
Filing Date Shares Outstanding	24.73	24.73	24.73	24.73	24.73	24.73
Total Common Shares Outstanding	24.73	24.73	24.73	24.73	24.73	24.73
Working Capital	138.95	119.29	114.25	102.31	101.99	105.25
Book Value Per Share	7.47	6.60	6.33	5.61	5.48	5.26
Tangible Book Value	164.77	145.39	136.16	117.71	111.83	103.4
Tangible Book Value Per Share	6.66	5.88	5.51	4.76	4.52	4.18
Land	-	13.34	13.56	9.55	8.95	8.93
Machinery	-	66.62	68.86	62.27	57.51	60.67
Leasehold Improvements	-	11.4	10.35	8.61	7.28	7.12

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