Larq S.A. Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.28	0.44	0.27	1.98	0.08	1
Cash & Short-Term Investments	0.28	0.44	0.27	1.98	0.08	1
Cash Growth	-50.07%	64.47%	-86.60%	2246.47%	-91.54%	111.08%
Accounts Receivable	0.19	0.21	0.2	0.26	0.36	0.32
Other Receivables	-	0.26	0.73	0.61	0.54	0.62
Receivables	0.19	0.47	0.93	0.88	0.9	0.95
Total Current Assets	0.47	0.9	1.2	2.86	0.99	1.95
Property, Plant & Equipment	0.06	0.07	0.07	0.14	1.34	1.59
Long-Term Investments	73.9	56.62	52.12	34.27	35.34	44.41
Other Intangible Assets	-	-	-	-	0	0
Long-Term Deferred Tax Assets	1.73	3.51	7.25	10.93	10.73	9.07
Other Long-Term Assets	2.98	3.07	3.2	3.27	2.2	2.28
Total Assets	79.14	64.18	63.84	51.47	50.6	59.3
Accounts Payable	0.38	0.49	0.06	0.06	0.31	0.35
Accrued Expenses	0.02	-	0.8	0.95	0.89	0.6
Current Portion of Long-Term Debt	5.23	5.67	5.54	5.78	6.25	6.23
Current Portion of Leases	-	-	-	-	-	0.07
Other Current Liabilities	-	0.06	3.43	3.67	0.27	0.32
Total Current Liabilities	5.63	6.22	9.84	10.47	7.72	7.56
Long-Term Debt	7.23	6.89	-	-	-	-
Long-Term Leases	-	-	-	-	-	0.35
Pension & Post-Retirement Benefits	-	-	0	0.01	-	-
Total Liabilities	12.86	13.12	9.84	10.47	7.72	7.91
Common Stock	1.35	1.33	1.32	1.29	0.99	0.99
Additional Paid-In Capital	2.69	2.69	2.69	2.7	-	27.87
Retained Earnings	56.39	41.17	47.25	34.59	39.67	17.32
Comprehensive Income & Other	5.86	5.87	2.76	2.41	2.22	5.22
Total Common Equity	66.28	51.06	54.01	40.99	42.88	51.39
Shareholders' Equity	66.28	51.06	54.01	40.99	42.88	51.39
Total Liabilities & Equity	79.14	64.18	63.84	51.47	50.6	59.3
Total Debt	12.46	12.57	5.54	5.78	6.25	6.64
Net Cash (Debt)	-12.18	-12.13	-5.27	-3.8	-6.17	-5.65
Net Cash Per Share	-0.92	-0.92	-0.41	-0.29	-0.62	-0.66
Filing Date Shares Outstanding	13.48	16.48	13.15	12.88	9.88	9.88
Total Common Shares Outstanding	13.48	16.48	13.15	12.88	9.88	9.88
Working Capital	-5.16	-5.32	-8.64	-7.61	-6.73	-5.62
Book Value Per Share	4.92	3.10	4.11	3.18	4.34	5.20
Tangible Book Value	66.28	51.06	54.01	40.99	42.88	51.39
Tangible Book Value Per Share	4.92	3.10	4.11	3.18	4.34	5.20
Buildings	-	0.11	0.11	0.21	1.98	1.98
Machinery	-	0.07	0.07	0.07	0.07	0.08

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.