Quercus TFI S.A. (WSE:QRS)

Quercus TFI Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	116.97	84.68	68.49	58.15	80.74	14.75
Short-Term Investments	-	14.58	-	-	-	-
Trading Asset Securities	14.63	-	0.3	-	3.32	18.2
Cash & Short-Term Investments	131.6	99.26	68.79	58.15	84.06	32.95
Cash Growth	73.51%	44.29%	18.30%	-30.82%	155.12%	-18.11%
Accounts Receivable	14.1	34	32.22	10.95	29.56	18.58
Other Receivables	0.22	0.02	1.52	-	0.11	0
Receivables	14.32	34.02	33.74	10.95	29.67	18.58
Other Current Assets	0.61	0.79	1.13	0.8	0.48	0.33
Total Current Assets	146.52	134.07	103.66	69.9	114.21	51.86
Property, Plant & Equipment	6.02	6.33	5.97	5.88	4.72	3.2
Long-Term Investments	41.58	42.12	87.26	75.14	69.09	30.57
Goodwill	-	-	-	-	-	0.01
Other Intangible Assets	7.36	6.84	6	6.4	7.51	0.02
Long-Term Deferred Tax Assets	0.86	1.44	-	-	-	1.41
Other Long-Term Assets	0.45	0.9	1.59	0.69	0.65	0.1
Total Assets	202.79	191.7	204.49	158	196.19	87.17
Accounts Payable	46.4	2.44	3.02	3.06	1.42	3.06
Accrued Expenses	18.31	20.72	14.73	7.1	13.65	9.06
Current Portion of Leases	1.25	1.44	1.52	1.15	2.17	0.31
Current Income Taxes Payable	3.27	5.41	4.25	0.49	2.2	2.51
Other Current Liabilities	-	37.03	50.86	41.2	70.42	0.84
Total Current Liabilities	69.23	67.03	74.37	52.99	89.87	15.78
Long-Term Leases	1.55	1.75	3.04	3.15	1.31	1.34
Long-Term Deferred Tax Liabilities	-	-	0.16	0.47	0.36	-
Other Long-Term Liabilities	2.87	3.01	21.71	14.84	14.87	10.05
Total Liabilities	73.65	72.08	99.57	71.67	106.6	27.29
Common Stock	5.21	5.21	5.52	5.65	5.88	5.52
Additional Paid-In Capital	28.85	28.85	28.85	28.85	28.85	6.84
Retained Earnings	55.91	46.81	32.84	15.18	25.02	17.84
Comprehensive Income & Other	32.56	32.56	32.18	31.39	29.84	29.69
Total Common Equity	122.52	113.42	99.38	81.06	89.59	59.88
Minority Interest	6.61	6.2	5.54	5.27	-	-
Shareholders' Equity	129.14	119.62	104.92	86.34	89.59	59.88
Total Liabilities & Equity	202.79	191.7	204.49	158	196.19	87.17
Total Debt	2.8	3.19	4.56	4.29	3.49	1.65
Net Cash (Debt)	128.79	96.07	64.23	53.86	80.57	31.3
Net Cash Growth	80.08%	49.57%	19.26%	-33.16%	157.43%	-22.08%
Net Cash Per Share	2.47	1.84	1.16	0.95	1.36	0.55
Filing Date Shares Outstanding	12.47	52.09	55.16	56.49	58.83	55.22
Total Common Shares Outstanding	12.47	52.09	55.16	56.49	58.83	55.22
Working Capital	77.29	67.04	29.29	16.91	24.34	36.08
Book Value Per Share	9.83	2.18	1.80	1.44	1.52	1.08
Tangible Book Value	115.16	106.57	93.37	74.66	82.08	59.86
Tangible Book Value Per Share	9.24	2.05	1.69	1.32	1.40	1.08
Buildings	-	-	-	-	-	1.96
Machinery	-	10.27	8.65	7.96	8.98	3.66

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