Maxcom Balance Sheet

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

Millions PLN. 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	4.93	2.91	3.32	5.85	3.56
Cash & Short-Term Investments	4.93	2.91	3.32	5.85	3.56
Cash Growth	69.25%	-12.12%	-43.29%	64.10%	-56.68%
Accounts Receivable	23.57	23.26	23.18	27.53	35.02
Other Receivables	-	0.61	0.44	1.51	-
Receivables	23.58	23.89	23.65	29.43	35.7
Inventory	35.2	42.02	46.63	45.92	55.9
Total Current Assets	63.71	68.82	73.59	81.2	95.17
Property, Plant & Equipment	4.34	4.56	5.04	5.48	7.85
Long-Term Investments	3.79	3.81	3.91	4.29	1.03
Other Intangible Assets	0.04	0.08	0.03	0.37	0.03
Long-Term Deferred Tax Assets	1	1.19	0.93	0.89	0.51
Other Long-Term Assets	0.47	0.47	0.47	0.47	1.15
Total Assets	73.35	78.93	83.97	92.7	105.73
Accounts Payable	7.93	7.84	6.16	9.18	10.66
Accrued Expenses	1.92	2	1.57	1.63	-
Short-Term Debt	8.33	12.43	15.56	13.13	12.36
Current Portion of Long-Term Debt	-	-	-	7.99	12
Current Portion of Leases	0.19	0.14	0.53	0.58	0.81
Current Income Taxes Payable	0.07	-	-	-	0.16
Current Unearned Revenue	0.03	0.11	0.15	0.51	-
Other Current Liabilities	1.19	1.51	1.32	1.12	0.12
Total Current Liabilities	19.65	24.02	25.29	34.12	36.1
Long-Term Debt	-	-	-	-	1.32
Long-Term Leases	0.28	0.18	0.13	0.56	1.17
Pension & Post-Retirement Benefits	0.07	0.07	0.07	0.07	0.07
Long-Term Deferred Tax Liabilities	-	-	-	-	0.19
Other Long-Term Liabilities	0.32	0.36	0.38	0.28	0.44
Total Liabilities	20.32	24.63	25.88	35.03	39.29
Common Stock	0.14	0.14	0.14	0.14	0.14
Additional Paid-In Capital	34.54	34.54	34.54	34.54	34.54
Retained Earnings	18.8	20.38	24.22	23.61	30.73
Comprehensive Income & Other	-0.03	0.03	-0.01	0.07	0.03
Total Common Equity	53.46	55.09	58.89	58.36	65.43
Minority Interest	-0.43	-0.79	-0.8	-0.69	1.01
Shareholders' Equity	53.03	54.3	58.1	57.66	66.44
Total Liabilities & Equity	73.35	78.93	83.97	92.7	105.73
Total Debt	8.79	12.75	16.23	22.25	27.66
Net Cash (Debt)	-3.86	-9.84	-12.91	-16.4	-24.09
Net Cash Per Share	-1.43	-3.64	-4.78	-6.08	-8.92
Filing Date Shares Outstanding	2.7	2.7	2.7	2.7	2.7
Total Common Shares Outstanding	2.7	2.7	2.7	2.7	2.7
Working Capital	44.05	44.8	48.3	47.08	59.06
Book Value Per Share	19.80	20.40	21.81	21.61	24.23
Tangible Book Value	53.42	55.01	58.86	57.99	65.4
Tangible Book Value Per Share	19.78	20.38	21.80	21.48	24.22
Land	3.24	3.24	3.24	3.24	2.73
Machinery	4.24	3.89	3.82	3.85	4.53
Construction In Progress	-	-	-	0.15	3