Turbogen Ltd (TLV:TURB)

Turbogen Balance Sheet

Financials in millions USD. 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	21.44	12.58	1.23	1.66	6.79	16.8
Short-Term Investments	-	-	-	0.34	-	-
Cash & Short-Term Investments	21.44	12.58	1.23	2	6.79	16.8
Cash Growth	88.98%	924.94%	-38.53%	-70.62%	-59.57%	2096.47%
Other Receivables	-	4.2	0.24	0.24	0.44	1.34
Receivables	-	4.2	0.24	0.24	0.44	1.34
Other Current Assets	1.13	2.86	-	-	-	-
Total Current Assets	22.68	19.64	1.47	2.23	7.23	18.15
Property, Plant & Equipment	0.92	0.86	1.48	0.63	1.6	1.53
Other Intangible Assets	-	1.39	1.39	1.39	1.39	1.39
Other Long-Term Assets	0.45	0.46	0.41	0.04	0.37	0.25
Total Assets	24.05	22.35	4.74	4.29	10.59	21.31

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	0.33	0.56	0.38	1.25	1.6	0.8
Accrued Expenses	-	2.79	4.3	1.51	2.43	4.62
Short-Term Debt	-	0.91	2.45	1.68	0.91	1.01
Current Portion of Leases	0.67	0.59	0.52	0.18	0.67	0.36
Current Unearned Revenue	-	-	-	-	0.03	-
Other Current Liabilities	17.25	25.57	14.41	14.47	6.08	0.04
Total Current Liabilities	18.25	30.42	22.06	19.09	11.74	6.82
Long-Term Debt	0.91	-	-	0.37	-	-
Long-Term Leases	0.04	0.16	0.69	-	0.18	0.32
Long-Term Unearned Revenue	-	9.8	9.55	5.14	5.07	2.96
Total Liabilities	19.2	40.38	32.29	24.6	16.98	10.1

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	-	104.07	46.36	0.14	0.14	0.14
Additional Paid-In Capital	146.83	-	-	40.9	40.42	40.42
Retained Earnings	-141.97	-173.19	-99.64	-78.53	-59.67	-40.5
Comprehensive Income & Other	-	51.09	25.74	17.17	12.72	11.14
Shareholders' Equity	4.85	-18.03	-27.55	-20.32	-6.39	11.21
Total Liabilities & Equity	24.05	22.35	4.74	4.29	10.59	21.31

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	1.62	1.66	3.66	2.24	1.76	1.69
Net Cash (Debt)	19.82	10.91	-2.43	-0.24	5.03	15.11
Net Cash Growth	143.94%	-	-	-	-66.70%	-
Net Cash Per Share	0.95	0.61	-0.17	-0.02	0.37	1.36
Filing Date Shares Outstanding	22.56	21.15	14.72	13.79	13.71	13.71
Total Common Shares Outstanding	22.56	21.15	14.72	13.79	13.71	13.71
Working Capital	4.44	-10.78	-20.59	-16.86	-4.51	11.33
Book Value Per Share	0.22	-0.85	-1.87	-1.47	-0.47	0.82
Tangible Book Value	4.85	-19.41	-28.94	-21.7	-7.78	9.82
Tangible Book Value Per Share	0.22	-0.92	-1.97	-1.57	-0.57	0.72
Machinery	-	0.9	0.9	0.9	0.9	0.79
Leasehold Improvements	-	0.45	0.45	0.44	0.42	0.31

Data Source: S&P Global Market Intelligence Last updated: Apr 20, 2026

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

Update frequency:

Semi-annually

Last checked:

Sep 25, 2026

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