Elad Software Systems Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	93.08	15.33	11.57	9.68
Cash & Short-Term Investments	93.08	15.33	11.57	9.68
Cash Growth	345.81%	32.54%	19.47%	-
Accounts Receivable	185.77	158	138.53	101.28
Other Receivables	5.03	1.17	0.99	2.3
Receivables	190.8	159.18	139.52	103.58
Prepaid Expenses	-	2.26	9.24	-
Other Current Assets	-	0.1	0.2	8.49
Total Current Assets	283.88	176.86	160.52	121.75
Property, Plant & Equipment	28.94	26.38	29.24	29.89
Goodwill	-	4.59	4.59	4.59
Other Intangible Assets	23.67	13.56	8.81	5.41
Long-Term Deferred Tax Assets	5.55	5.15	3.2	2.55
Total Assets	342.04	226.54	206.35	164.19
Accounts Payable	7.77	4.51	8.63	6.04
Accrued Expenses	-	58.71	55.46	48.5
Short-Term Debt	59.83	40.9	47.51	40.11
Current Portion of Leases	8.34	7.7	7.67	6.98
Current Income Taxes Payable	4.49	3.56	0.43	2.68
Other Current Liabilities	88.51	32.54	32.44	23.08
Total Current Liabilities	168.94	147.91	152.13	127.4
Long-Term Leases	17.16	14.95	17.18	17.27
Total Liabilities	187.03	163.9	170.89	146.38
Common Stock	111.51	31.4	27.05	27.05
Retained Earnings	36.78	24.96	2.08	-12.84
Comprehensive Income & Other	6.09	6.09	6.09	4.08
Total Common Equity	154.38	62.45	35.22	18.3
Minority Interest	0.63	0.2	0.24	-0.49
Shareholders' Equity	155.01	62.64	35.46	17.81
Total Liabilities & Equity	342.04	226.54	206.35	164.19
Total Debt	85.34	63.55	72.35	64.37
Net Cash (Debt)	7.75	-48.22	-60.79	-54.68
Net Cash Per Share	0.17	-1.19	-1.52	-
Filing Date Shares Outstanding	47.49	51	27	-
Total Common Shares Outstanding	47.49	27	27	-
Working Capital	114.94	28.95	8.38	-5.65
Book Value Per Share	3.25	2.31	1.30	-
Tangible Book Value	130.71	44.3	21.82	8.31
Tangible Book Value Per Share	2.75	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.