AudioCodes Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	45.28	58.75	30.55	24.54	79.42
Short-Term Investments	27.59	3.64	7.65	22.59	0.89
Cash & Short-Term Investments	72.87	62.39	38.2	47.12	80.31
Cash Growth	16.81%	63.33%	-18.94%	-41.33%	-33.23%
Accounts Receivable	67.36	56.02	51.13	56.42	48.96
Other Receivables	18.04	12.32	8.84	9.18	7.75
Receivables	85.4	68.34	59.96	65.6	56.71
Inventory	22.03	31.46	43.96	36.38	23.99
Restricted Cash	-	-	-	-	5.1
Other Current Assets	-	0.69	0.54	0.83	1.45
Total Current Assets	180.3	162.88	142.66	149.93	167.55
Property, Plant & Equipment	59.47	59.86	47.61	17.48	20.85
Long-Term Investments	2.79	31.53	68.46	77.19	89.4
Goodwill	-	37.56	37.56	37.56	37.56
Other Intangible Assets	37.58	0.49	1.02	1.57	2.37
Long-Term Accounts Receivable	13.07	15.75	16.8	13.1	-
Long-Term Deferred Tax Assets	8.8	9.84	6.21	9.07	8.91
Other Long-Term Assets	21.16	18	17.2	17.93	22.72
Total Assets	323.16	335.9	337.52	323.83	349.36
Accounts Payable	6.42	7.54	7.56	11.34	7.86
Accrued Expenses	-	24.14	27.33	30.32	34.57
Current Portion of Leases	6.64	5.95	7.88	8.17	8.14
Current Unearned Revenue	38.24	38.44	38.82	36.63	41.59
Other Current Liabilities	30.42	1.69	2.62	8	3.78
Total Current Liabilities	81.72	77.76	84.2	94.46	95.94
Long-Term Leases	31.35	30.51	31.4	5.55	11.39
Long-Term Unearned Revenue	20.52	19.06	16.91	15.95	13.64
Other Long-Term Liabilities	18.28	16.76	16.89	18.11	22.9
Total Liabilities	151.86	144.09	149.41	134.07	143.87
Common Stock	171.3	0.11	0.11	0.11	0.11
Additional Paid-In Capital	-	415.72	407.12	394.94	378.77
Retained Earnings	-	25.2	20.79	23.41	6.49
Treasury Stock	-	-250.33	-236	-217.74	-179.65
Comprehensive Income & Other	-	1.11	-3.91	-10.95	-0.22
Shareholders' Equity	171.3	191.81	188.11	189.76	205.5
Total Liabilities & Equity	323.16	335.9	337.52	323.83	349.36
Total Debt	37.98	36.46	39.28	13.72	19.53
Net Cash (Debt)	34.89	54.44	64.65	109.35	150.09
Net Cash Growth	-35.92%	-15.79%	-40.88%	-27.14%	3.25%
Net Cash Per Share	1.20	1.78	2.05	3.36	4.43
Filing Date Shares Outstanding	27.42	29.47	30.32	31.8	31.9
Total Common Shares Outstanding	27.42	29.68	30.51	31.69	32.5
Working Capital	98.58	85.12	58.46	55.47	71.61
Book Value Per Share	6.25	6.46	6.17	5.99	6.32
Tangible Book Value	133.72	153.77	149.53	150.63	165.57
Tangible Book Value Per Share	4.88	5.18	4.90	4.75	5.09
Machinery	-	20.01	22.67	38.7	37.14
Leasehold Improvements	-	22.04	8.75	3.38	3.18

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