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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	115.14	90.6	46.08	50
Short-Term Investments	5.41	2.03	1.42	-
Cash & Short-Term Investments	120.54	92.63	47.49	50
Cash Growth	12.99%	95.05%	-5.03%	-
Accounts Receivable	113.98	86.37	56.94	49.35
Other Receivables	27.44	45.75	41.15	47.2
Receivables	141.43	132.12	98.09	96.54
Prepaid Expenses	-	8.7	15.15	20.8
Restricted Cash	2.09	0.53	17.84	26.05
Other Current Assets	-	-	10.39	42.91
Total Current Assets	264.06	233.98	188.95	236.31
Property, Plant & Equipment	70.36	71.54	70.61	71.31
Long-Term Investments	-	2.9	-	-
Goodwill	152.86	147.3	117.2	101.67
Other Intangible Assets	55.91	62.59	57.92	50.21
Long-Term Deferred Tax Assets	1.62	1.84	2.06	1.52
Other Long-Term Assets	9.85	7.19	2.9	1.94
Total Assets	554.64	527.34	439.64	462.97
Accounts Payable	35.46	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	31.96	17.81	18.82	2.35
Current Portion of Leases	9.05	9.4	7.07	6.58
Other Current Liabilities	105.47	84.54	25.74	35.33
Total Current Liabilities	181.95	169.21	93.53	107.99
Long-Term Debt	108.73	96.13	117.58	136.52
Long-Term Leases	44.34	48.2	46.04	44.95
Pension & Post-Retirement Benefits	2.03	1.12	1.37	0.95
Long-Term Deferred Tax Liabilities	21.1	24.34	23.49	20.78
Other Long-Term Liabilities	20.92	26.18	53.15	55.05
Total Liabilities	379.06	365.18	335.17	366.23
Additional Paid-In Capital	492.98	488.36	383.63	383.63
Retained Earnings	-284.36	-292.08	-302	-312.93
Comprehensive Income & Other	-33.04	-34.12	22.84	26.04
Shareholders' Equity	175.58	162.17	104.47	96.74
Total Liabilities & Equity	554.64	527.34	439.64	462.97
Total Debt	194.08	171.97	189.51	211.4
Net Cash (Debt)	-73.54	-79.34	-142.02	-161.39
Net Cash Per Share	-29.19	-35.05	-66.87	-79.90
Filing Date Shares Outstanding	2.4	2.37	2.02	2.02
Total Common Shares Outstanding	2.4	2.37	2.02	2.02
Working Capital	82.11	64.77	95.42	128.32
Book Value Per Share	73.29	68.50	51.72	47.89
Tangible Book Value	-33.19	-47.73	-70.66	-55.15
Tangible Book Value Per Share	-13.85	-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.