Excellence Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-	8.17	3.7	0.95	0.63	1.27
Short-Term Investments	8.87	8.49	4.36	1.57	0.68	0.06
Cash & Short-Term Investments	8.87	16.66	8.05	2.52	1.31	1.32
Cash Growth	223.41%	106.92%	220.09%	91.58%	-0.71%	-29.64%
Accounts Receivable	12.96	19.54	20.54	10.59	10.61	10.16
Other Current Assets	11.28	12.02	9.39	11.12	13.12	14.16
Total Current Assets	33.1	30.28	24.01	23.28	24.41	25.64
Net Property, Plant & Equipment	19.32	19.96	14.13	11.5	10.1	12.31
Other Intangible Assets	2.73	2.69	2.51	2.65	3.95	-
Goodwill	-	0.06	0.42	0.78	1.15	1.81
Long-Term Investments	1.33	0	1.33	1.33	0.53	0.4
Other Long-Term Assets	0.42	0.75	0.83	0.69	0.6	0
Total Assets	56.89	53.74	43.22	40.23	39.59	43.13
Accounts Payable	-	4.5	5.42	6.87	8.76	9.29
Accrued Expenses	0.33	0.19	0.19	0.2	0.3	-
Short-Term Debt	-	1.34	0.31	4.43	8.54	8.47
Other Current Liabilities	9.71	1.33	0.88	12.87	18.65	2.24
Total Current Liabilities	10.03	7.36	6.8	24.37	36.26	20
Long-Term Debt	0.46	1.89	3.14	1.58	0.18	2.48
Other Long-Term Liabilities	-	0.76	0.51	-	-	0.69
Total Long-Term Liabilities	0.46	2.65	3.66	1.58	0.18	3.18
Total Liabilities	10.49	10.24	9	14.65	19.13	23.18
Common Stock	15.77	15.77	15.77	15.77	15.77	15.77
Additional Paid-in Capital	15.74	18.29	10.18	5.46	4.57	3.51
Retained Earnings	11.01	5.89	5.55	2.32	-1.47	-0.4
Total Common Shareholders' Equity	42.52	39.95	31.51	23.55	18.88	19.95
Minority Interest	3.88	3.55	2.71	2.02	1.58	1.06
Shareholders' Equity	46.4	43.5	34.22	25.58	20.46	21.01
Total Liabilities & Equity	56.89	53.74	43.22	40.23	39.59	43.13
Total Debt	0.46	3.23	3.46	6.01	8.73	10.96
Net Cash (Debt)	8.41	13.44	4.6	-3.5	-7.41	-9.63
Net Cash Growth	310.22%	192.22%	-	-	-	-
Net Cash Per Share	0.06	0.09	0.03	-0.02	-0.05	-0.06
Book Value	42.52	39.95	31.51	23.55	18.88	19.95
Book Value Per Share	0.29	0.25	0.20	0.15	0.12	0.13
Tangible Book Value	39.79	37.2	28.58	20.12	13.78	18.14
Tangible Book Value Per Share	0.27	0.24	0.18	0.13	0.09	0.12