Polwax Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.45	1.22	29.63	3.78	3.15	13.84
Cash & Short-Term Investments	0.45	1.22	29.63	3.78	3.15	13.84
Cash Growth	-68.95%	-95.87%	683.32%	20.06%	-77.24%	-
Accounts Receivable	6.67	5.29	10.3	28.9	40.53	40.17
Inventory	46.89	41.99	31.25	35.91	53.25	39.55
Other Current Assets	13.62	12.36	11.33	11.47	10.83	11.11
Total Current Assets	67.62	60.87	82.52	80.07	107.75	104.67
Net Property, Plant & Equipment	26.41	26.3	24.63	25.46	25.86	27.27
Other Intangible Assets	0.07	0.06	0.09	0.35	0.69	1.89
Other Long-Term Assets	4.91	4.95	5.41	5.94	9.47	9.13
Total Assets	99.02	92.17	112.66	111.81	143.77	141.96
Accounts Payable	37.35	25.07	18.77	27.9	37.86	42.95
Accrued Expenses	0.48	0.53	29.62	1.32	2.58	0.8
Other Current Liabilities	0.68	0.1	0.17	0.14	0.33	0.37
Total Current Liabilities	38.51	25.7	48.55	29.36	40.76	44.12
Long-Term Debt	15.33	15.21	0.5	0.76	0.01	0.09
Other Long-Term Liabilities	1.48	1.15	1.36	27.47	3.57	4.18
Total Long-Term Liabilities	16.81	16.35	1.86	28.23	3.58	4.27
Total Liabilities	55.33	42.05	50.41	57.59	44.34	48.39
Common Stock	3.09	3.09	3.09	1.55	1.55	1.55
Additional Paid-in Capital	59.16	59.16	81.92	91.71	89.56	87.24
Retained Earnings	-18.55	-12.13	-22.76	-39.03	8.33	4.79
Shareholders' Equity	43.69	50.12	62.24	54.23	99.43	93.57
Total Liabilities & Equity	99.02	92.17	112.66	111.81	143.77	141.96
Total Debt	15.33	15.21	0.5	0.76	0.01	0.09
Net Cash (Debt)	-14.88	-13.98	29.13	3.02	3.15	13.75
Net Cash Growth	-	-	863.96%	-3.91%	-77.13%	-
Net Cash Per Share	-0.24	-0.23	0.47	0.10	0.10	0.45
Book Value	43.69	50.12	62.24	54.23	99.43	93.57
Book Value Per Share	0.71	0.81	1.01	1.75	3.22	3.03
Tangible Book Value	43.62	50.06	62.15	53.87	98.74	91.68
Tangible Book Value Per Share	0.71	0.81	1.01	1.74	3.20	2.97