Elad Software Systems Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	15.33	11.57	9.68
Cash & Short-Term Investments	15.33	11.57	9.68
Cash Growth	32.54%	19.47%	-
Accounts Receivable	158	138.53	101.28
Other Receivables	1.17	0.99	2.3
Receivables	159.18	139.52	103.58
Prepaid Expenses	2.26	9.24	-
Other Current Assets	0.1	0.2	8.49
Total Current Assets	176.86	160.52	121.75
Property, Plant & Equipment	26.38	29.24	29.89
Goodwill	4.59	4.59	4.59
Other Intangible Assets	13.56	8.81	5.41
Long-Term Deferred Tax Assets	5.15	3.2	2.55
Total Assets	226.54	206.35	164.19
Accounts Payable	4.51	8.63	6.04
Accrued Expenses	58.71	55.46	48.5
Short-Term Debt	40.9	47.51	40.11
Current Portion of Leases	7.7	7.67	6.98
Current Income Taxes Payable	3.56	0.43	2.68
Other Current Liabilities	32.54	32.44	23.08
Total Current Liabilities	147.91	152.13	127.4
Long-Term Leases	14.95	17.18	17.27
Total Liabilities	163.9	170.89	146.38
Common Stock	31.4	27.05	27.05
Retained Earnings	24.96	2.08	-12.84
Comprehensive Income & Other	6.09	6.09	4.08
Total Common Equity	62.45	35.22	18.3
Minority Interest	0.2	0.24	-0.49
Shareholders' Equity	62.64	35.46	17.81
Total Liabilities & Equity	226.54	206.35	164.19
Total Debt	63.55	72.35	64.37
Net Cash (Debt)	-48.22	-60.79	-54.68
Net Cash Per Share	-1.19	-1.52	-
Filing Date Shares Outstanding	51	27	-
Total Common Shares Outstanding	27	27	-
Working Capital	28.95	8.38	-5.65
Book Value Per Share	2.31	1.30	-
Tangible Book Value	44.3	21.82	8.31
Tangible Book Value Per Share	1.64	0.81	-
Machinery	9.28	8.95	10.96
Leasehold Improvements	3.24	2.31	2.87

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