Top Group Software Ltd (TLV:TOPG)

Top Group Software Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	36.72	43.31	40.3	31.58	16.45	13.82
Short-Term Investments	0.03	0.2	0.37	0.44	0.5	0.92
Cash & Short-Term Investments	36.75	43.5	40.67	32.01	16.95	14.74
Cash Growth	36.45%	6.96%	27.05%	88.89%	14.96%	-22.69%
Accounts Receivable	117.82	118.78	135.71	102.61	94.46	72.72
Other Receivables	11.7	3.36	4.47	2.48	1.57	1.24
Receivables	129.52	123.12	141.16	106.88	97.27	74.93
Prepaid Expenses	-	7.62	5.8	4.99	3.49	2.57
Other Current Assets	-	0.52	0.63	0.75	0.41	0.26
Total Current Assets	166.28	174.76	188.26	144.63	118.11	92.5
Property, Plant & Equipment	25.45	28.27	32	33.29	34.95	23.8
Goodwill	-	99.34	89.42	86.3	86.3	68.76
Other Intangible Assets	130.75	16.49	16.48	13.57	14.24	10.46
Long-Term Accounts Receivable	-	-	-	-	0.41	0.64
Long-Term Deferred Tax Assets	11.13	10.66	10.34	7.18	4.45	4.04
Other Long-Term Assets	1.33	0.4	0.42	0.4	0.47	0.32
Total Assets	335.17	330.65	338.62	288.06	262.96	205.15

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	28.13	22.71	30.48	16.64	15.3	5.6
Accrued Expenses	-	43.82	41.9	27.69	24.64	23.63
Short-Term Debt	51.95	21.43	32.42	41.1	21.17	15.85
Current Portion of Long-Term Debt	-	17.67	16.21	11.1	12.43	8.35
Current Portion of Leases	6.52	6.74	6.36	6.65	5.88	4.48
Current Unearned Revenue	-	21.71	23.45	23.24	18.09	14.56
Other Current Liabilities	87.38	39.9	31.53	32	26.04	19.68
Total Current Liabilities	173.98	173.98	182.36	158.42	123.55	92.14
Long-Term Debt	38.33	39.88	43.01	22.63	30.28	28.23
Long-Term Leases	18.19	20.51	23.27	24.91	26.93	17.39
Pension & Post-Retirement Benefits	1.34	1.28	0.98	0.93	0.97	1.16
Long-Term Deferred Tax Liabilities	2.04	1.21	1.87	1.59	1.52	0.37
Other Long-Term Liabilities	0.9	0.41	3.32	6.03	12.12	7.14
Total Liabilities	234.79	237.27	254.82	214.5	195.35	146.43

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	51.83	53.15	44.55	35.02	27.91	19.98
Comprehensive Income & Other	-7.36	-7.36	-7.32	-7.42	-7.26	-3.48
Total Common Equity	84.13	85.45	76.89	67.26	60.31	56.16
Minority Interest	16.26	7.94	6.91	6.3	7.3	2.56
Shareholders' Equity	100.39	93.39	83.81	73.56	67.61	58.73
Total Liabilities & Equity	335.17	330.65	338.62	288.06	262.96	205.15

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	115	106.22	121.28	106.39	96.68	74.29
Net Cash (Debt)	-78.25	-62.72	-80.61	-74.38	-79.73	-59.55
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.74	-2.96	-3.80	-3.51	-3.76	-2.81
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	-7.7	0.78	5.91	-13.79	-5.43	0.36
Book Value Per Share	3.97	4.03	3.63	3.17	2.85	2.68
Tangible Book Value	-46.62	-30.38	-29	-32.61	-40.23	-23.06
Tangible Book Value Per Share	-2.20	-1.43	-1.37	-1.54	-1.90	-1.10
Machinery	-	12.17	11.92	9.99	8.95	7.2
Leasehold Improvements	-	1.66	1.65	1.55	1.32	1.12

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 8, 2026

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