Passus S.A. (WSE:PAS)

Passus 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	12.04	15.28	16.44	16.8	32	10.17
Cash & Short-Term Investments	12.04	15.28	16.44	16.8	32	10.17
Cash Growth	20.92%	-7.09%	-2.15%	-47.49%	214.54%	101.52%
Accounts Receivable	30.88	34.51	19.07	22.54	8.79	24
Other Receivables	-	8.68	2.06	3.33	1.87	2.04
Receivables	32.91	45.53	32.47	25.91	10.66	26.04
Inventory	0.27	2.02	1.4	2.06	0.15	0.14
Prepaid Expenses	-	0.08	0.15	0.18	1.89	0.74
Other Current Assets	6.85	13.13	9.13	11.64	13.03	10.91
Total Current Assets	52.07	76.04	59.59	56.6	57.73	47.99
Property, Plant & Equipment	0.39	0.68	1.89	2.74	2.17	2.45
Goodwill	1.99	1.99	1.99	1.99	1.99	1.99
Other Intangible Assets	1.98	-	-	0.83	1.22	2.27
Long-Term Deferred Tax Assets	2.57	2.59	2.75	2.69	2.47	2.18
Long-Term Deferred Charges	-	2.38	0.69	7.39	7.2	2.24
Other Long-Term Assets	1.11	0.98	1.02	0.74	0.32	0.43
Total Assets	60.11	84.65	67.94	72.98	73.08	59.56

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	24.5	38.63	16.05	23.25	23.82	20.18
Accrued Expenses	3.01	4.34	6.85	3.73	6.14	4.68
Current Portion of Leases	0.37	0.61	0.58	0.56	0.51	0.61
Current Income Taxes Payable	-	0.51	-	0.95	0.65	0.88
Current Unearned Revenue	8.46	7.96	11.82	18.51	20.69	17.42
Other Current Liabilities	1.55	3.38	1.79	1.01	0.63	0.14
Total Current Liabilities	37.89	55.42	37.08	48.01	52.43	43.9
Long-Term Leases	0.05	0.2	0.46	0.61	0.56	0.52
Pension & Post-Retirement Benefits	0.01	0.01	0.01	0.03	0.02	0.06
Other Long-Term Liabilities	-	-	-	-	0.27	0.13
Total Liabilities	37.95	55.63	37.56	48.66	53.28	44.61

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.16	0.19	0.21	0.21	0.21	0.19
Additional Paid-In Capital	0.32	0.32	4.44	2.97	2.97	1.18
Retained Earnings	17.86	25.27	23.6	18.83	15.16	11.06
Comprehensive Income & Other	-	-	-	-	-	1.4
Total Common Equity	18.34	25.77	28.24	22	18.33	13.84
Minority Interest	3.82	3.24	2.15	2.32	1.47	1.12
Shareholders' Equity	22.16	29.02	30.39	24.32	19.8	14.95
Total Liabilities & Equity	60.11	84.65	67.94	72.98	73.08	59.56

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.42	0.81	1.04	1.17	1.08	1.14
Net Cash (Debt)	11.62	14.47	15.4	15.63	30.92	9.04
Net Cash Growth	25.24%	-6.04%	-1.49%	-49.45%	242.12%	169.14%
Net Cash Per Share	6.46	7.67	7.50	7.61	15.06	4.41
Filing Date Shares Outstanding	1.58	1.68	1.79	2.05	2.05	1.92
Total Common Shares Outstanding	1.58	1.68	1.79	2.05	2.05	1.92
Working Capital	14.18	20.62	22.51	8.59	5.29	4.09
Book Value Per Share	11.58	15.35	15.80	10.72	8.93	7.22
Tangible Book Value	14.37	23.78	26.25	19.18	15.13	9.57
Tangible Book Value Per Share	9.07	14.17	14.69	9.35	7.37	5.00
Buildings	-	2.79	2.38	1.97	1.57	1.57
Machinery	-	3	4.92	5.47	4.31	4.16

Data Source: S&P Global Market Intelligence Last updated: Sep 3, 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:

Sep 4, 2026

Data Sources Report a data error