Michpal Technologies 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	35.29	43.61	19.26
Short-Term Investments	5.03	8.22	-
Trading Asset Securities	-	0.03	-
Cash & Short-Term Investments	40.32	51.87	19.26
Cash Growth	-	169.29%	-
Accounts Receivable	42.53	5.36	0.25
Other Receivables	10.39	49.74	49.94
Receivables	52.92	55.09	50.18
Prepaid Expenses	-	1.18	0.38
Total Current Assets	93.24	108.14	69.82
Property, Plant & Equipment	33.68	35.7	31.01
Goodwill	209.99	209.99	107.3
Other Intangible Assets	163	172.22	59.38
Long-Term Deferred Tax Assets	1.09	1.13	1.28
Long-Term Deferred Charges	-	4.71	5.4
Other Long-Term Assets	3.09	3.11	2.47
Total Assets	504.09	535	276.66
Accounts Payable	4.18	2.92	1.85
Accrued Expenses	-	16.68	13.09
Short-Term Debt	14.05	8.33	1.2
Current Portion of Long-Term Debt	42.13	19.14	14.88
Current Portion of Leases	3.59	3.34	3.34
Current Income Taxes Payable	1.99	1.55	0.03
Current Unearned Revenue	32.62	34.81	26.4
Other Current Liabilities	54.38	58.37	39.36
Total Current Liabilities	152.92	145.13	100.14
Long-Term Debt	128.28	143.4	25.88
Long-Term Leases	20.02	21.51	19.19
Pension & Post-Retirement Benefits	0.41	0.35	0.44
Long-Term Deferred Tax Liabilities	38.18	41.53	15.69
Other Long-Term Liabilities	74.67	99.44	16.83
Total Liabilities	414.48	451.36	178.16
Additional Paid-In Capital	4.67	0.13	0.13
Retained Earnings	98.84	98.61	79.77
Comprehensive Income & Other	-14.15	-15.85	17.99
Total Common Equity	89.35	82.9	97.89
Minority Interest	0.26	0.75	0.61
Shareholders' Equity	89.61	83.65	98.51
Total Liabilities & Equity	504.09	535	276.66
Total Debt	208.06	195.71	64.48
Net Cash (Debt)	-167.74	-143.85	-45.22
Net Cash Per Share	-9.24	-11.89	-3.74
Filing Date Shares Outstanding	16.79	24.19	12.1
Total Common Shares Outstanding	16.79	24.19	12.1
Working Capital	-59.68	-36.99	-30.32
Book Value Per Share	5.32	3.43	8.09
Tangible Book Value	-283.63	-299.31	-68.79
Tangible Book Value Per Share	-16.89	-12.37	-5.69
Machinery	-	17.27	15.45
Leasehold Improvements	-	10.17	7.76

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