Saule Technologies Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2019	FY 2018
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Cash & Equivalents	0.06	0.58	2.87	6.17	0.01	0.01
Short-Term Investments	0.56	0.55	0.25	0.01	6.84	17.68
Cash & Short-Term Investments	0.62	1.13	3.12	6.18	6.85	17.69
Cash Growth	375.00%	-63.86%	-49.48%	-9.72%	-61.27%	-22.62%
Accounts Receivable	0.09	0.14	0.09	1.24	0.26	0.44
Other Receivables	0.87	2.81	0.92	1.41	0.61	0.66
Receivables	0.96	2.95	1.01	2.65	0.86	1.09
Inventory	0.92	0.98	2.02	2.58	-	-
Prepaid Expenses	-	-	0.18	0.19	-	-
Other Current Assets	-	-	16.76	24.77	-	-
Total Current Assets	2.5	5.06	23.09	36.38	7.71	18.78
Property, Plant & Equipment	7.38	6.74	2.96	4.43	0.02	0
Long-Term Investments	1.96	1.99	2.35	1.99	0	-
Goodwill	523.66	531.36	559	589.63	1.7	1.85
Other Intangible Assets	179.97	180	180.35	180.37	-	0.05
Long-Term Deferred Tax Assets	2.96	1.67	2.78	4.11	2.28	2.33
Long-Term Deferred Charges	34.08	37.64	35.03	21.52	-	-
Other Long-Term Assets	0.46	1	2.95	14.65	-	-
Total Assets	752.98	765.45	808.51	853.08	11.71	23.02
Accounts Payable	2.64	2.99	2.22	1.12	0.64	0.74
Accrued Expenses	1.69	1.62	1.9	1.48	1.25	1.37
Short-Term Debt	-	-	-	-	4.63	7.57
Current Portion of Long-Term Debt	86.9	80.23	46.88	5.47	-	-
Current Income Taxes Payable	2.9	2.01	0.91	0.68	0	0.08
Current Unearned Revenue	9.6	15.93	12.85	29.75	-	-
Other Current Liabilities	0.08	0.23	0.58	8.63	4.81	4.59
Total Current Liabilities	103.81	103.01	65.34	47.13	11.33	14.34
Long-Term Debt	-	-	4.02	18.56	-	-
Long-Term Unearned Revenue	21.37	23.1	34.16	20.79	-	-
Long-Term Deferred Tax Liabilities	35.21	34.26	34.35	34.29	0.78	2.25
Other Long-Term Liabilities	-	-	0.07	0.56	-	-
Total Liabilities	160.39	160.37	137.94	121.33	12.12	16.6
Common Stock	48	48	41.43	41.43	4.8	4.8
Additional Paid-In Capital	721.58	721.59	709.29	709.29	6.72	6.72
Retained Earnings	-176.99	-164.51	-82.84	-36.95	-15.71	-7.03
Total Common Equity	592.58	605.08	667.89	713.77	-4.19	4.49
Minority Interest	-	-	2.69	17.98	3.79	1.93
Shareholders' Equity	592.58	605.08	670.57	731.75	-0.4	6.42
Total Liabilities & Equity	752.98	765.45	808.51	853.08	11.71	23.02
Total Debt	86.9	80.23	50.91	24.03	4.63	7.57
Net Cash (Debt)	-86.28	-79.1	-47.78	-17.85	2.22	10.12
Net Cash Growth	-	-	-	-	-78.09%	-37.38%
Net Cash Per Share	-0.90	-0.82	-0.58	-	0.23	1.05
Filing Date Shares Outstanding	96	96	82.87	-	9.6	9.6
Total Common Shares Outstanding	96	96	82.87	-	9.6	9.6
Working Capital	-101.31	-97.96	-42.25	-10.75	-3.62	4.44
Book Value Per Share	6.17	6.30	8.06	-	-0.44	0.47
Tangible Book Value	-111.04	-106.27	-71.47	-56.23	-5.89	2.59
Tangible Book Value Per Share	-1.16	-1.11	-0.86	-	-0.61	0.27
Buildings	-	-	0.9	1.42	-	-
Machinery	-	-	2.91	2.67	0.08	0.06
Construction In Progress	-	-	0.04	0.07	-	-

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