Excellence S.A. (WSE:EXC)

Excellence Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	3.7	0.95	0.63	1.27	0.11
Short-Term Investments	2.25	0.66	0.63	0.05	-	-
Cash & Short-Term Investments	2.25	4.36	1.57	0.68	1.27	0.11
Cash Growth	13.04%	177.37%	130.27%	-46.11%	1014.45%	-94.14%
Accounts Receivable	15.89	8.64	9.34	9.17	10.15	7.98
Other Receivables	0.11	1.65	1.25	1.44	1.09	0.95
Receivables	16	10.29	10.59	10.61	11.29	10.69
Inventory	12.09	9.16	11.06	13.04	12.42	10.09
Other Current Assets	-	0.2	0.07	0.07	0.67	0.23
Total Current Assets	30.34	24.01	23.28	24.41	25.64	21.13
Property, Plant & Equipment	15.86	14.13	11.5	10.1	12.31	11
Long-Term Investments	-	-	-	0.11	0.06	-
Goodwill	0.24	0.42	0.78	1.15	1.81	-
Other Intangible Assets	2.91	2.51	2.65	2.81	2.97	3.13
Long-Term Deferred Tax Assets	0.34	0.42	0.31	0.23	-	-
Other Long-Term Assets	3.74	1.73	1.7	0.79	0.34	0.18
Total Assets	53.44	43.22	40.23	39.59	43.13	35.45
Accounts Payable	-	5.42	6.87	8.8	9.29	6.78
Accrued Expenses	-	0.75	0.46	0.39	0.06	-
Short-Term Debt	-	-	1.91	7.51	6.83	0.54
Current Portion of Long-Term Debt	-	0.19	2.34	0.63	0.52	5.39
Current Portion of Leases	-	0.12	0.18	0.41	1.13	1
Current Income Taxes Payable	-	0.04	0.09	0.03	0.91	0.33
Current Unearned Revenue	-	0.01	0	0.1	-	-
Other Current Liabilities	10.96	0.05	0.41	0.17	1.27	0.13
Total Current Liabilities	10.96	6.59	12.26	18.04	20	14.17
Long-Term Debt	0.7	1.35	1.54	-	0.3	1.59
Long-Term Leases	-	0.22	0.04	0.18	2.18	0.65
Long-Term Unearned Revenue	0.23	0.18	0.2	0.2	0.31	0.26
Long-Term Deferred Tax Liabilities	0.49	0.51	0.55	0.65	-	-
Other Long-Term Liabilities	-5.28	-	-	-	0.38	0.49
Total Liabilities	7.4	9	14.65	19.13	23.18	17.17
Common Stock	17.77	15.77	15.77	15.77	15.77	15.77
Additional Paid-In Capital	15.15	9.6	4.87	3.99	2.92	2.52
Retained Earnings	9.93	6.14	2.91	-0.88	0.19	-0.02
Total Common Equity	42.85	31.51	23.55	18.88	18.89	18.28
Minority Interest	3.19	2.71	2.02	1.58	1.06	-
Shareholders' Equity	46.04	34.22	25.58	20.46	19.95	18.28
Total Liabilities & Equity	53.44	43.22	40.23	39.59	43.13	35.45
Total Debt	0.7	1.88	6.01	8.73	10.96	9.18
Net Cash (Debt)	1.55	2.47	-4.44	-8.04	-9.69	-9.06
Net Cash Per Share	0.01	0.02	-0.03	-0.05	-0.06	-0.06
Filing Date Shares Outstanding	157.73	157.73	157.73	157.73	157.73	157.73
Total Common Shares Outstanding	157.73	157.73	157.73	157.73	157.73	157.73
Working Capital	19.38	17.42	11.02	6.37	5.64	6.96
Book Value Per Share	0.27	0.20	0.15	0.12	0.12	0.12
Tangible Book Value	39.71	28.58	20.12	14.93	14.11	15.15
Tangible Book Value Per Share	0.25	0.18	0.13	0.09	0.09	0.10
Land	-	3.39	2.1	2.03	1.83	1.83
Buildings	-	6.89	6.89	5.24	4.92	4.92
Machinery	-	12.1	11.06	10.32	8.7	8.43
Construction In Progress	-	0.85	0.25	0.41	0.14	0.06

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.