Military Group S.A. (WSE:MIG)

Military Group Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.04	0.32	5.4	1.15	2.59	0.5
Trading Asset Securities	0.48	0.62	0.71	1.4	1.48	1.65
Cash & Short-Term Investments	0.52	0.94	6.11	2.55	4.06	2.15
Cash Growth	-67.00%	-84.66%	139.95%	-37.29%	88.63%	-55.21%
Accounts Receivable	0.07	0.02	1.39	3.7	3.09	0.63
Other Receivables	1.29	0.19	0.33	0.32	0.09	0.04
Receivables	1.39	0.22	1.72	4.02	3.18	0.82
Inventory	1	0.92	8.03	7.28	4.3	2.87
Other Current Assets	-	0.93	0.83	0.41	0.39	0.55
Total Current Assets	2.91	3	16.7	14.26	11.94	6.39
Property, Plant & Equipment	1.34	1.41	1.14	0.68	0.54	0.01
Long-Term Investments	7.96	-	-	-	0	0
Goodwill	0.02	0.02	0.02	24.52	24.52	24.32
Other Intangible Assets	-	-	0.12	0.02	0.05	-
Long-Term Deferred Tax Assets	0.34	0.34	0.2	1.32	1.29	1.09
Other Long-Term Assets	-	-	0.03	-	-	-
Total Assets	12.57	4.76	18.19	40.8	38.33	31.82

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3.01	3.06	3.43	3.6	3.22	0.11
Accrued Expenses	-	2.23	2.48	1.56	1.85	0.05
Short-Term Debt	-	0.67	1.1	-	0.64	-
Current Portion of Long-Term Debt	0.84	-	-	0.09	-	-
Current Portion of Leases	-	0.14	0.09	0.04	0.07	-
Current Income Taxes Payable	-	-	0.49	-	-	0.01
Other Current Liabilities	6.48	2.92	1.96	1.78	9.6	0.55
Total Current Liabilities	10.34	9.01	9.54	7.07	15.38	0.72
Long-Term Debt	-	-	-	0.43	-	-
Long-Term Leases	-	0.52	0.17	0.14	-	-
Pension & Post-Retirement Benefits	-	0.14	0.14	0.13	0.11	-
Long-Term Deferred Tax Liabilities	0.14	0.14	0.06	0.04	0.06	-
Other Long-Term Liabilities	0.67	0.04	0.04	0.5	0.14	-
Total Liabilities	11.14	9.85	9.95	8.32	15.68	0.72

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	32.1	32.1	32.1	31.1	31.1	11.1
Additional Paid-In Capital	9.01	9.01	9.01	2.01	2.01	-
Retained Earnings	-39.68	-46.19	-41.91	-19.14	-20.01	-7.98
Comprehensive Income & Other	-	-	-	8	-	22.01
Total Common Equity	1.43	-5.08	-0.8	21.97	13.1	25.13
Minority Interest	-0.01	-0.01	9.04	10.51	9.55	5.97
Shareholders' Equity	1.43	-5.09	8.24	32.48	22.65	31.1
Total Liabilities & Equity	12.57	4.76	18.19	40.8	38.33	31.82

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.84	1.33	1.36	0.7	0.71	-
Net Cash (Debt)	-0.32	-0.39	4.76	1.84	3.36	2.15
Net Cash Growth	-	-	157.86%	-45.05%	55.80%	-48.82%
Net Cash Per Share	-0.00	-0.00	0.01	0.01	0.01	0.02
Filing Date Shares Outstanding	321	321	321	321	311	311
Total Common Shares Outstanding	321	321	321	311	311	111
Working Capital	-7.42	-6.01	7.15	7.19	-3.44	5.67
Book Value Per Share	0.00	-0.02	-0.00	0.07	0.04	0.23
Tangible Book Value	1.42	-5.09	-0.93	-2.57	-11.46	0.81
Tangible Book Value Per Share	0.00	-0.02	-0.00	-0.01	-0.04	0.01
Buildings	-	0.59	0.56	0.2	0.04	-
Machinery	-	2.25	2.08	1.87	1.9	0.07

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

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

Update frequency:

Quarterly

Last checked:

Aug 15, 2026

Data Sources Report a data error