Top Group Software Ltd (TLV:TOPG)

Top Group Software Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	32.57	40.3	31.58	16.45	13.82	18.07
Short-Term Investments	0.36	0.37	0.44	0.5	0.92	1
Cash & Short-Term Investments	32.93	40.67	32.01	16.95	14.74	19.07
Cash Growth	-14.62%	27.05%	88.89%	14.96%	-22.69%	177.90%
Accounts Receivable	136.89	135.71	102.61	94.46	72.72	55.85
Other Receivables	11.48	4.47	2.48	1.57	1.24	1.06
Receivables	148.37	141.16	106.88	97.27	74.93	56.91
Prepaid Expenses	-	5.8	4.99	3.49	2.57	1.32
Other Current Assets	-	0.63	0.75	0.41	0.26	0.13
Total Current Assets	181.3	188.26	144.63	118.11	92.5	77.42
Property, Plant & Equipment	30.96	32	33.29	34.95	23.8	21.84
Goodwill	-	89.42	86.3	86.3	68.76	33.63
Other Intangible Assets	105.14	16.48	13.57	14.24	10.46	6.29
Long-Term Accounts Receivable	-	-	-	0.41	0.64	-
Long-Term Deferred Tax Assets	10.04	10.34	7.18	4.45	4.04	3.17
Other Long-Term Assets	0.43	0.42	0.4	0.47	0.32	-
Total Assets	329.32	338.62	288.06	262.96	205.15	142.35
Accounts Payable	38.82	40.97	16.64	15.3	5.6	3.14
Accrued Expenses	-	31.4	27.69	24.64	23.63	15.4
Short-Term Debt	38.25	32.42	41.1	21.17	15.85	12.85
Current Portion of Long-Term Debt	-	16.21	11.1	12.43	8.35	2.9
Current Portion of Leases	6.48	6.36	6.65	5.88	4.48	3.84
Current Unearned Revenue	-	23.45	23.24	18.09	14.56	9.91
Other Current Liabilities	96.65	31.53	32	26.04	19.68	16.79
Total Current Liabilities	180.21	182.36	158.42	123.55	92.14	64.82
Long-Term Debt	41.52	43.01	22.63	30.28	28.23	10.74
Long-Term Leases	22.46	23.27	24.91	26.93	17.39	15.79
Long-Term Deferred Tax Liabilities	1.21	1.87	1.59	1.52	0.37	0.19
Other Long-Term Liabilities	3.32	3.32	6.03	12.12	7.14	1.59
Total Liabilities	249.78	254.82	214.5	195.35	146.43	93.79
Common Stock	2.13	2.13	2.13	2.13	2.13	2.13
Additional Paid-In Capital	37.54	37.54	37.54	37.54	37.54	37.54
Retained Earnings	40.1	44.55	35.02	27.91	19.98	10.55
Comprehensive Income & Other	-7.32	-7.32	-7.42	-7.26	-3.48	-3.8
Total Common Equity	72.44	76.89	67.26	60.31	56.16	46.41
Minority Interest	7.09	6.91	6.3	7.3	2.56	2.15
Shareholders' Equity	79.54	83.81	73.56	67.61	58.73	48.57
Total Liabilities & Equity	329.32	338.62	288.06	262.96	205.15	142.35
Total Debt	108.71	121.28	106.39	96.68	74.29	46.12
Net Cash (Debt)	-75.79	-80.61	-74.38	-79.73	-59.55	-27.06
Net Cash Per Share	-3.54	-3.80	-3.51	-3.76	-2.81	-1.28
Filing Date Shares Outstanding	21.19	21.19	21.19	21.19	21.19	21.19
Total Common Shares Outstanding	21.19	21.19	21.19	21.19	21.19	21.19
Working Capital	1.09	5.91	-13.79	-5.43	0.36	12.6
Book Value Per Share	3.42	3.63	3.17	2.85	2.68	2.19
Tangible Book Value	-32.69	-29	-32.61	-40.23	-23.06	6.49
Tangible Book Value Per Share	-1.54	-1.37	-1.54	-1.90	-1.10	0.31
Machinery	-	11.92	9.99	8.95	7.2	5.24
Leasehold Improvements	-	1.65	1.55	1.32	1.12	1.11

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