AudioCodes Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	58.75	30.55	24.54	79.42	40.93
Short-Term Investments	3.64	7.65	22.59	0.89	79.36
Cash & Short-Term Investments	62.39	38.2	47.12	80.31	120.29
Cash Growth	63.33%	-18.94%	-41.33%	-33.23%	81.74%
Accounts Receivable	56.02	51.13	56.42	48.96	34.52
Other Receivables	12.32	8.84	9.18	7.75	6.48
Receivables	68.34	59.96	65.6	56.71	41
Inventory	31.46	43.96	36.38	23.99	29.19
Restricted Cash	-	-	-	5.1	5.1
Other Current Assets	0.69	0.54	0.83	1.45	8.06
Total Current Assets	162.88	142.66	149.93	167.55	203.64
Property, Plant & Equipment	59.86	47.61	17.48	20.85	30.02
Long-Term Investments	31.53	68.46	77.19	89.4	54.99
Goodwill	37.56	37.56	37.56	37.56	36.22
Other Intangible Assets	0.49	1.02	1.57	2.37	0.57
Long-Term Accounts Receivable	15.75	16.8	13.1	-	-
Long-Term Deferred Tax Assets	9.84	6.21	9.07	8.91	12.08
Other Long-Term Assets	18	17.2	17.93	22.72	20.6
Total Assets	335.9	337.52	323.83	349.36	358.12
Accounts Payable	7.54	7.56	11.34	7.86	6.98
Accrued Expenses	24.14	27.33	30.32	34.57	25.56
Current Portion of Long-Term Debt	-	-	-	-	1.2
Current Portion of Leases	5.95	7.88	8.17	8.14	9.18
Current Unearned Revenue	38.44	38.82	36.63	41.59	37.18
Other Current Liabilities	1.69	2.62	8	3.78	14.66
Total Current Liabilities	77.76	84.2	94.46	95.94	94.76
Long-Term Leases	30.51	31.4	5.55	11.39	19.44
Long-Term Unearned Revenue	19.06	16.91	15.95	13.64	12.24
Other Long-Term Liabilities	16.76	16.89	18.11	22.9	21.83
Total Liabilities	144.09	149.41	134.07	143.87	148.27
Common Stock	0.11	0.11	0.11	0.11	0.11
Additional Paid-In Capital	415.72	407.12	394.94	378.77	362.16
Retained Earnings	25.2	20.79	23.41	6.49	-16.39
Treasury Stock	-250.33	-236	-217.74	-179.65	-137.79
Comprehensive Income & Other	1.11	-3.91	-10.95	-0.22	1.77
Shareholders' Equity	191.81	188.11	189.76	205.5	209.86
Total Liabilities & Equity	335.9	337.52	323.83	349.36	358.12
Total Debt	36.46	39.28	13.72	19.53	29.81
Net Cash (Debt)	54.44	64.65	109.35	150.09	145.37
Net Cash Growth	-15.79%	-40.88%	-27.14%	3.25%	371.37%
Net Cash Per Share	1.78	2.05	3.36	4.43	4.42
Filing Date Shares Outstanding	29.47	30.32	31.8	31.9	32.77
Total Common Shares Outstanding	29.68	30.51	31.69	32.5	33.02
Working Capital	85.12	58.46	55.47	71.61	108.88
Book Value Per Share	6.46	6.17	5.99	6.32	6.36
Tangible Book Value	153.77	149.53	150.63	165.57	173.06
Tangible Book Value Per Share	5.18	4.90	4.75	5.09	5.24
Machinery	20.01	22.67	38.7	37.14	35.62
Leasehold Improvements	22.04	8.75	3.38	3.18	3.21

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