Blender Financial Technologies (TLV: BLND)

TLV: BLND Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	24.59	33.53	31.53	64.93	11.08	7.69
Gross Loans	152.89	160.77	87.99	61.36	42.64	37.93
Allowance for Loan Losses	-5.17	-5.86	-1.38	-0.93	-1.53	-1.28
Net Loans	147.72	154.91	86.61	60.42	41.1	36.64
Property, Plant & Equipment	4.49	4.64	5.22	5.25	0.86	0.69
Other Intangible Assets	6.41	5.95	4.86	3.04	1.45	1.38
Accrued Interest Receivable	-	0.98	0.07	0.64	0.66	1
Other Receivables	5	2.64	16.77	5.83	2.31	0.32
Restricted Cash	0.41	0.05	18.5	0.14	0.08	0.08
Other Current Assets	-	2.66	5.42	-	6.55	0.69
Other Long-Term Assets	2	0.82	0.49	0.51	0.02	-
Total Assets	200.29	206.19	169.47	140.77	64.11	48.49
Accounts Payable	2.09	2.22	2.38	1.18	0.99	0.66
Accrued Expenses	-	4.08	4.15	5.44	3.62	2.29
Short-Term Borrowings	61.78	47.59	-	-	-	-
Current Portion of Long-Term Debt	35.05	20.17	23.7	19.37	14.92	4.59
Current Portion of Leases	0.64	0.66	0.69	0.53	0.32	0.23
Other Current Liabilities	6.73	2.36	2.22	2.12	1.22	0.63
Long-Term Debt	45.29	74.4	69.92	41.79	29.41	33.43
Long-Term Leases	2.72	2.75	3.1	3.46	0.34	0.3
Other Long-Term Liabilities	-	-	-	0.51	0.47	0.62
Total Liabilities	154.29	154.22	106.15	74.39	51.53	42.91
Common Stock	0.1	0.1	0.1	0.07	0.05	0.05
Additional Paid-In Capital	181.79	181.84	178.07	164.04	89.4	43.67
Retained Earnings	-137.01	-130.92	-114.92	-97.73	-76.86	-52.68
Comprehensive Income & Other	0.33	0.39	0.09	0.01	-	14.53
Total Common Equity	45.22	51.42	63.33	66.4	12.59	5.58
Minority Interest	0.79	0.55	-0.01	-0.02	-0	0
Shareholders' Equity	46	51.97	63.32	66.37	12.59	5.58
Total Liabilities & Equity	200.29	206.19	169.47	140.77	64.11	48.49
Total Debt	145.47	145.56	97.4	65.15	44.99	38.55
Net Cash (Debt)	-120.88	-112.03	-65.87	-0.22	-33.91	-30.86
Net Cash Per Share	-9.40	-11.14	-8.50	-0.03	-6.71	-6.21
Filing Date Shares Outstanding	10.51	9.74	9.74	7.42	7.35	4.99
Total Common Shares Outstanding	10.51	9.74	9.74	7.42	7.35	4.99
Book Value Per Share	4.30	5.28	6.50	8.95	1.71	1.12
Tangible Book Value	38.81	45.47	58.47	63.36	11.14	4.2
Tangible Book Value Per Share	3.69	4.67	6.00	8.54	1.51	0.84

Source: S&P Capital IQ. Banks template. Financial Sources.