TLV:RATI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	265.11	88.53	111.38	87.52	91.25	125.38
Short-Term Investments	1.02	1.01	10.53	50.66	30.36	64.17
Trading Asset Securities	19.27	19.02	16.41	14.98	24.97	10.98
Cash & Short-Term Investments	285.39	108.56	138.32	153.16	146.57	200.53
Cash Growth	57.28%	-21.52%	-9.69%	4.49%	-26.91%	41.34%
Accounts Receivable	34.93	60.06	69.36	64.46	65.33	47.94
Other Receivables	15.38	14.21	19.3	7.92	12.05	4.12
Receivables	50.32	74.27	88.65	72.38	77.38	52.06
Prepaid Expenses	-	1	1.38	0.69	0.26	0.82
Other Current Assets	1.2	1	2.97	4.53	8.69	-
Total Current Assets	336.91	184.83	231.32	230.76	232.91	253.41
Property, Plant & Equipment	0.3	0.2	0.18	0.18	0.1	0.06
Long-Term Investments	4.9	49.7	24.41	17.86	6.28	5.51
Other Intangible Assets	891.58	884.26	838.53	826.04	803.8	811.83
Other Long-Term Assets	115.86	75.24	91.55	88.28	75.44	74.1
Total Assets	1,350	1,194	1,186	1,163	1,119	1,145
Accounts Payable	0.12	0.11	0.16	0.2	0.12	0.04
Accrued Expenses	9.63	13.58	14.74	16.31	17.5	20.57
Current Portion of Long-Term Debt	49.11	33.28	18.12	28.77	72.46	125.77
Current Income Taxes Payable	-	3.47	-	12.16	3.69	-
Other Current Liabilities	68.11	37.8	26.29	25.38	14.93	25.48
Total Current Liabilities	126.96	88.24	59.31	82.81	108.69	171.86
Long-Term Debt	621.37	486.8	509.81	569.46	590.77	701.67
Long-Term Deferred Tax Liabilities	107.37	102.86	99.63	72.98	56.17	24.72
Other Long-Term Liabilities	16.51	17.02	14.08	14.16	12.49	20.78
Total Liabilities	872.21	694.92	682.83	739.4	768.11	919.04
Common Stock	477.33	318.86	318.86	318.86	318.86	318.86
Retained Earnings	-	178.48	183.19	103.75	30.45	-94.1
Comprehensive Income & Other	-	1.97	1.1	1.1	1.1	1.1
Shareholders' Equity	477.33	499.32	503.16	423.71	350.42	225.87
Total Liabilities & Equity	1,350	1,194	1,186	1,163	1,119	1,145
Total Debt	670.48	520.09	527.93	598.22	663.22	827.44
Net Cash (Debt)	-385.09	-411.53	-389.62	-445.06	-516.65	-626.91
Net Cash Per Share	-0.34	-0.37	-0.35	-0.40	-0.46	-0.56
Filing Date Shares Outstanding	1,112	1,124	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,112	1,124	1,124	1,124	1,124	1,124
Working Capital	209.95	96.59	172.01	147.95	124.21	81.55
Book Value Per Share	0.43	0.44	0.45	0.38	0.31	0.20
Tangible Book Value	-414.25	-384.95	-335.37	-402.32	-453.39	-585.96
Tangible Book Value Per Share	-0.37	-0.34	-0.30	-0.36	-0.40	-0.52