TSG IT Advanced Systems 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	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	117.52	90.6	46.08	50
Short-Term Investments	3	2.03	1.42	-
Cash & Short-Term Investments	120.52	92.63	47.49	50
Cash Growth	136.96%	95.05%	-5.03%	-
Accounts Receivable	112.03	86.37	56.94	49.35
Other Receivables	23.47	45.75	41.15	47.2
Receivables	135.51	132.12	98.09	96.54
Prepaid Expenses	-	8.7	15.15	20.8
Restricted Cash	1.84	0.53	17.84	26.05
Other Current Assets	-	-	10.39	42.91
Total Current Assets	257.87	233.98	188.95	236.31
Property, Plant & Equipment	67.87	71.54	70.61	71.31
Long-Term Investments	2.55	2.9	-	-
Goodwill	147.79	147.3	117.2	101.67
Other Intangible Assets	58.4	62.59	57.92	50.21
Long-Term Deferred Tax Assets	1.68	1.84	2.06	1.52
Other Long-Term Assets	7.61	7.19	2.9	1.94
Total Assets	543.76	527.34	439.64	462.97
Accounts Payable	33.8	19.98	15.68	14.7
Accrued Expenses	-	37.05	26.22	28.03
Short-Term Debt	-	0.43	-	21
Current Portion of Long-Term Debt	27.21	17.81	18.82	2.35
Current Portion of Leases	9.24	9.4	7.07	6.58
Other Current Liabilities	97.43	84.54	25.74	35.33
Total Current Liabilities	167.67	169.21	93.53	107.99
Long-Term Debt	117.94	96.13	117.58	136.52
Long-Term Leases	45.42	48.2	46.04	44.95
Long-Term Deferred Tax Liabilities	21.98	24.34	23.49	20.78
Other Long-Term Liabilities	20	26.18	53.15	55.05
Total Liabilities	374.7	365.18	335.17	366.23
Additional Paid-In Capital	492.75	488.36	383.63	383.63
Retained Earnings	-288.94	-292.08	-302	-312.93
Comprehensive Income & Other	-34.74	-34.12	22.84	26.04
Shareholders' Equity	169.07	162.17	104.47	96.74
Total Liabilities & Equity	543.76	527.34	439.64	462.97
Total Debt	199.81	171.97	189.51	211.4
Net Cash (Debt)	-79.29	-79.34	-142.02	-161.39
Net Cash Per Share	-32.55	-35.05	-66.87	-79.90
Filing Date Shares Outstanding	2.39	2.37	2.02	2.02
Total Common Shares Outstanding	2.39	2.37	2.02	2.02
Working Capital	90.2	64.77	95.42	128.32
Book Value Per Share	70.80	68.50	51.72	47.89
Tangible Book Value	-37.12	-47.73	-70.66	-55.15
Tangible Book Value Per Share	-15.55	-20.16	-34.98	-27.30
Machinery	-	47.85	44.36	40.81
Leasehold Improvements	-	23.13	22.34	18.89

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