Passus S.A. (WSE: PAS)

Passus Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.13	16.8	32	10.17	5.05	14.2
Cash & Short-Term Investments	3.13	16.8	32	10.17	5.05	14.2
Cash Growth	-64.59%	-47.49%	214.54%	101.52%	-64.46%	448.58%
Accounts Receivable	34.58	22.54	8.79	24	5.94	11.37
Other Receivables	-	1.27	1.87	2.04	3.33	1.32
Receivables	34.61	23.86	10.66	26.04	9.27	12.69
Inventory	1.85	2.06	0.15	0.14	1.75	0.06
Prepaid Expenses	-	0.18	1.89	0.74	-	-
Restricted Cash	-	-	-	-	0.13	1.34
Other Current Assets	21.03	11.64	13.03	10.91	3.06	6.78
Total Current Assets	60.62	54.55	57.73	47.99	19.27	35.06
Property, Plant & Equipment	1.66	2.74	2.17	2.45	1.26	0.88
Long-Term Investments	-	-	-	-	0.07	0.06
Goodwill	1.99	1.99	1.99	1.99	1.75	1.98
Other Intangible Assets	0.89	0.83	1.22	2.27	1.89	0.31
Long-Term Deferred Tax Assets	2.99	2.69	2.47	2.18	0.15	0.03
Long-Term Deferred Charges	-	7.39	7.2	2.24	5.2	-
Other Long-Term Assets	0.77	0.74	0.32	0.43	-	-
Total Assets	68.92	70.93	73.08	59.56	29.59	38.33
Accounts Payable	21.91	23.25	23.82	20.18	10.59	14.3
Accrued Expenses	3.93	3.73	6.14	4.68	2.94	1.96
Short-Term Debt	4.43	-	-	-	1.69	8.54
Current Portion of Leases	0.27	0.56	0.51	0.61	-	-
Current Income Taxes Payable	-	0.95	0.65	0.88	0.85	1.63
Current Unearned Revenue	15.98	18.51	20.69	17.42	0	-
Other Current Liabilities	9.99	1.01	0.63	0.14	0.15	1.12
Total Current Liabilities	56.51	48.01	52.43	43.9	16.21	27.54
Long-Term Leases	0.41	0.61	0.56	0.52	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.16	0.02
Other Long-Term Liabilities	-	-	0.27	0.13	2.92	2.56
Total Liabilities	56.94	48.66	53.28	44.61	19.29	30.13
Common Stock	0.21	0.21	0.21	0.19	0.19	0.19
Additional Paid-In Capital	4.44	2.97	2.97	1.18	1.18	-
Retained Earnings	5.42	16.78	15.16	11.06	2.04	0.8
Comprehensive Income & Other	-	-	-	1.4	6.55	7.09
Total Common Equity	10.06	19.95	18.33	13.84	9.96	8.09
Minority Interest	1.92	2.32	1.47	1.12	0.34	0.11
Shareholders' Equity	11.99	22.27	19.8	14.95	10.3	8.2
Total Liabilities & Equity	68.92	70.93	73.08	59.56	29.59	38.33
Total Debt	5.11	1.17	1.08	1.14	1.69	8.54
Net Cash (Debt)	-1.98	15.63	30.92	9.04	3.36	5.66
Net Cash Growth	-	-49.45%	242.12%	169.14%	-40.71%	-
Net Cash Per Share	-0.96	7.61	15.06	4.41	1.75	2.96
Filing Date Shares Outstanding	2.04	2.05	2.05	1.92	1.92	1.92
Total Common Shares Outstanding	2.04	2.05	2.05	1.92	1.92	1.92
Working Capital	4.12	6.53	5.29	4.09	3.06	7.52
Book Value Per Share	4.94	9.72	8.93	7.22	5.20	4.22
Tangible Book Value	7.18	17.13	15.13	9.57	6.32	5.8
Tangible Book Value Per Share	3.52	8.35	7.37	5.00	3.30	3.03
Buildings	-	1.97	1.57	1.57	-	-
Machinery	-	5.47	4.31	4.16	3.06	2.27

Source: S&P Capital IQ. Standard template. Financial Sources.