Passus S.A. (WSE:PAS)

Passus Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	16.44	16.8	32	10.17	5.05
Cash & Short-Term Investments	16.44	16.8	32	10.17	5.05
Cash Growth	-2.15%	-47.49%	214.54%	101.52%	-64.46%
Accounts Receivable	21.4	22.54	8.79	24	5.94
Other Receivables	-	1.27	1.87	2.04	3.33
Receivables	32.75	23.86	10.66	26.04	9.27
Inventory	1.4	2.06	0.15	0.14	1.75
Prepaid Expenses	-	0.18	1.89	0.74	-
Restricted Cash	-	-	-	-	0.13
Other Current Assets	8.54	11.64	13.03	10.91	3.06
Total Current Assets	59.14	54.55	57.73	47.99	19.27
Property, Plant & Equipment	1.89	2.74	2.17	2.45	1.26
Long-Term Investments	-	-	-	-	0.07
Goodwill	1.99	1.99	1.99	1.99	1.75
Other Intangible Assets	0.69	0.83	1.22	2.27	1.89
Long-Term Deferred Tax Assets	2.75	2.69	2.47	2.18	0.15
Long-Term Deferred Charges	-	7.39	7.2	2.24	5.2
Other Long-Term Assets	1.02	0.74	0.32	0.43	-
Total Assets	67.49	70.93	73.08	59.56	29.59
Accounts Payable	19.8	23.25	23.82	20.18	10.59
Accrued Expenses	3.11	3.73	6.14	4.68	2.94
Short-Term Debt	-	-	-	-	1.69
Current Portion of Leases	0.58	0.56	0.51	0.61	-
Current Income Taxes Payable	-	0.95	0.65	0.88	0.85
Current Unearned Revenue	11.82	18.51	20.69	17.42	0
Other Current Liabilities	1.77	1.01	0.63	0.14	0.15
Total Current Liabilities	37.08	48.01	52.43	43.9	16.21
Long-Term Leases	0.46	0.61	0.56	0.52	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.16
Other Long-Term Liabilities	-	-	0.27	0.13	2.92
Total Liabilities	37.56	48.66	53.28	44.61	19.29
Common Stock	0.21	0.21	0.21	0.19	0.19
Additional Paid-In Capital	4.44	2.97	2.97	1.18	1.18
Retained Earnings	23.14	16.78	15.16	11.06	2.04
Comprehensive Income & Other	-	-	-	1.4	6.55
Total Common Equity	27.78	19.95	18.33	13.84	9.96
Minority Interest	2.15	2.32	1.47	1.12	0.34
Shareholders' Equity	29.93	22.27	19.8	14.95	10.3
Total Liabilities & Equity	67.49	70.93	73.08	59.56	29.59
Total Debt	1.04	1.17	1.08	1.14	1.69
Net Cash (Debt)	15.4	15.63	30.92	9.04	3.36
Net Cash Growth	-1.49%	-49.45%	242.12%	169.14%	-40.71%
Net Cash Per Share	9.65	7.61	15.06	4.41	1.75
Filing Date Shares Outstanding	0.23	2.05	2.05	1.92	1.92
Total Common Shares Outstanding	0.23	2.05	2.05	1.92	1.92
Working Capital	22.06	6.53	5.29	4.09	3.06
Book Value Per Share	122.11	9.72	8.93	7.22	5.20
Tangible Book Value	25.1	17.13	15.13	9.57	6.32
Tangible Book Value Per Share	110.32	8.35	7.37	5.00	3.30
Buildings	-	1.97	1.57	1.57	-
Machinery	-	5.47	4.31	4.16	3.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.