TLV:RATI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	76.47	111.38	87.52	91.25	125.38	89.78
Short-Term Investments	1.07	10.53	50.66	30.36	64.17	46.14
Trading Asset Securities	18.28	16.41	14.98	24.97	10.98	5.96
Cash & Short-Term Investments	95.82	138.32	153.16	146.57	200.53	141.88
Cash Growth	-16.76%	-9.69%	4.49%	-26.91%	41.34%	18.81%
Accounts Receivable	72.3	69.36	64.46	65.33	47.94	38.21
Other Receivables	8.5	19.3	7.92	12.05	4.12	11.89
Receivables	80.81	88.65	72.38	77.38	52.06	50.1
Prepaid Expenses	-	1.38	0.69	0.26	0.82	0.65
Other Current Assets	1.31	2.97	4.53	8.69	-	-
Total Current Assets	177.94	231.32	230.76	232.91	253.41	192.63
Property, Plant & Equipment	0.19	0.18	0.18	0.1	0.06	0.07
Long-Term Investments	3.36	24.41	17.86	6.28	5.51	16.08
Other Intangible Assets	863	838.53	826.04	803.8	811.83	824.44
Other Long-Term Assets	116.09	91.55	88.28	75.44	74.1	62.35
Total Assets	1,161	1,186	1,163	1,119	1,145	1,096
Accounts Payable	0.11	0.16	0.2	0.12	0.04	0.02
Accrued Expenses	13.97	14.74	16.31	17.5	20.57	26.33
Current Portion of Long-Term Debt	33.53	18.12	28.77	72.46	125.77	128.86
Current Income Taxes Payable	3.45	-	12.16	3.69	-	-
Other Current Liabilities	24.01	26.29	25.38	14.93	25.48	9.88
Total Current Liabilities	75.08	59.31	82.81	108.69	171.86	165.09
Long-Term Debt	500.75	509.81	569.46	590.77	701.67	735.85
Long-Term Deferred Tax Liabilities	99.83	99.63	72.98	56.17	24.72	-
Other Long-Term Liabilities	17.54	14.08	14.16	12.49	20.78	19.05
Total Liabilities	693.2	682.83	739.4	768.11	919.04	920
Common Stock	318.86	318.86	318.86	318.86	318.86	318.85
Retained Earnings	146.82	183.19	103.75	30.45	-94.1	-144.39
Comprehensive Income & Other	1.7	1.1	1.1	1.1	1.1	1.1
Shareholders' Equity	467.39	503.16	423.71	350.42	225.87	175.56
Total Liabilities & Equity	1,161	1,186	1,163	1,119	1,145	1,096
Total Debt	534.28	527.93	598.22	663.22	827.44	864.71
Net Cash (Debt)	-438.46	-389.62	-445.06	-516.65	-626.91	-722.83
Net Cash Per Share	-0.39	-0.35	-0.40	-0.46	-0.56	-0.64
Filing Date Shares Outstanding	1,120	1,124	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,120	1,124	1,124	1,124	1,124	1,124
Working Capital	102.86	172.01	147.95	124.21	81.55	27.54
Book Value Per Share	0.42	0.45	0.38	0.31	0.20	0.16
Tangible Book Value	-395.61	-335.37	-402.32	-453.39	-585.96	-648.88
Tangible Book Value Per Share	-0.35	-0.30	-0.36	-0.40	-0.52	-0.58

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.