Topicus.com Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	326.69	206.16	179.06	136.77	75.33
Trading Asset Securities	-	-	0	0	0.01
Cash & Short-Term Investments	326.69	206.16	179.06	136.77	75.33
Cash Growth	58.47%	15.13%	30.92%	81.56%	35.40%
Accounts Receivable	229.52	188.21	178.92	136.83	103.32
Other Receivables	-	14.19	22.08	8.21	2.4
Receivables	229.52	202.4	201	145.04	105.72
Inventory	7.06	4.93	4.52	1.42	0.57
Prepaid Expenses	-	40.92	33.17	26.57	19.37
Other Current Assets	67.97	0	-0	-	-
Total Current Assets	631.23	454.4	417.74	309.8	200.99
Property, Plant & Equipment	124	97.57	79.76	72.57	68.49
Long-Term Investments	515.37	2.55	2.41	2.13	1
Goodwill	-	250.47	235.72	222.33	191.07
Other Intangible Assets	1,201	701.54	669.33	653.09	554.29
Long-Term Accounts Receivable	-	9.27	11.21	14.81	5.5
Long-Term Deferred Tax Assets	23.49	19.91	16.41	19.98	6.83
Long-Term Deferred Charges	-	0.16	0.21	0.09	0.16
Other Long-Term Assets	17.79	0	-	-	-
Total Assets	2,513	1,536	1,433	1,295	1,028
Accounts Payable	365.23	248.89	210	171.97	134.85
Accrued Expenses	-	1.47	1.42	2.46	1.15
Short-Term Debt	345.32	217.5	152.62	158.35	142.22
Current Portion of Long-Term Debt	-	8.22	8.46	74.18	-
Current Portion of Leases	30.92	23.63	20.61	18.82	16.23
Current Income Taxes Payable	39.2	18.23	20.07	11.47	11.4
Current Unearned Revenue	207.14	166.59	138.85	116.99	82.18
Other Current Liabilities	27.29	15.66	14	15.9	10.77
Total Current Liabilities	1,015	700.19	566.04	570.14	398.79
Long-Term Debt	347.22	49.3	64.62	41.28	96.11
Long-Term Leases	67.44	53.19	41.52	36.63	38.96
Long-Term Unearned Revenue	-	6.63	2.45	2.69	1.27
Long-Term Deferred Tax Liabilities	188.31	145.91	137.16	150.52	125
Other Long-Term Liabilities	113.3	49.25	28.52	25.75	12.56
Total Liabilities	1,731	1,004	840.3	827.01	672.69
Common Stock	39.41	39.41	39.41	39.41	2,087
Retained Earnings	309.8	266.28	297.38	226.92	-1,782
Comprehensive Income & Other	124.61	5.58	2.39	-0.23	-1,010
Total Common Equity	473.82	311.28	339.18	266.1	-705.6
Minority Interest	307.99	220.12	253.3	201.69	1,061
Shareholders' Equity	781.81	531.4	592.48	467.78	355.63
Total Liabilities & Equity	2,513	1,536	1,433	1,295	1,028
Total Debt	790.89	351.84	287.83	329.27	293.52
Net Cash (Debt)	-464.21	-145.68	-108.77	-192.5	-218.19
Net Cash Per Share	-3.58	-1.12	-0.84	-2.39	-3.45
Filing Date Shares Outstanding	83.34	83.07	81.89	81.89	79.92
Total Common Shares Outstanding	83.34	83.07	81.89	81.89	79.92
Working Capital	-383.86	-245.79	-148.29	-260.35	-197.81
Book Value Per Share	5.69	3.75	4.14	3.25	-8.83
Tangible Book Value	-727.46	-640.74	-565.86	-609.32	-1,451
Tangible Book Value Per Share	-8.73	-7.71	-6.91	-7.44	-18.15
Buildings	-	1.47	1.43	1.31	1.34
Machinery	-	47.76	42.76	37.93	31.38
Leasehold Improvements	-	7.69	7.05	6.07	5.42

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.