Urteste 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 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.78	1.46	1.14	3.43	8.53	0.43
Short-Term Investments	3.02	9.06	23.51	-	-	-
Cash & Short-Term Investments	3.79	10.52	24.65	3.43	8.53	0.43
Cash Growth	-80.01%	-57.32%	617.82%	-59.76%	1893.69%	-
Other Receivables	9.12	7.38	1.7	1.06	0.64	0.2
Receivables	9.12	7.38	1.7	1.06	0.64	0.2
Inventory	-	-	0.16	0.09	-	-
Other Current Assets	-	-	0.05	-	0.12	-
Total Current Assets	12.91	17.9	26.56	4.58	9.29	0.63
Property, Plant & Equipment	2.31	2.74	2.89	1.99	1.34	0.07
Other Intangible Assets	0.04	0.05	0.05	0.11	-	-
Long-Term Deferred Tax Assets	0	0.04	0.07	-	0	-
Long-Term Deferred Charges	15.01	8.85	-	-	-	-
Other Long-Term Assets	0.03	0.03	0.02	0.02	0.02	-
Total Assets	30.32	29.62	29.6	6.69	10.65	0.69
Accounts Payable	0.53	0.84	0.37	0.42	0.23	0.01
Accrued Expenses	0.35	0.33	0.2	0.05	0.01	0.01
Current Portion of Leases	0.27	0.24	0.32	0.12	0.12	-
Current Income Taxes Payable	0	0.01	0.14	-	-	-
Other Current Liabilities	0.11	0.31	0.51	0.01	0.01	0
Total Current Liabilities	1.25	1.73	1.54	0.6	0.37	0.02
Long-Term Leases	0.08	0.18	0.31	0.47	0.59	-
Long-Term Unearned Revenue	6.39	3.56	-	-	-	-
Long-Term Deferred Tax Liabilities	0	0.04	0	-	0	-
Total Liabilities	7.73	5.51	1.86	1.07	0.97	0.02
Common Stock	0.14	0.14	0.14	0.11	0.11	0.01
Additional Paid-In Capital	22.1	25.73	34.18	10.55	12.88	1.88
Retained Earnings	-2.41	-3.63	-8.45	-6.92	-5.18	-1.22
Comprehensive Income & Other	2.77	1.87	1.87	1.87	1.88	-
Shareholders' Equity	22.59	24.11	27.74	5.62	9.68	0.67
Total Liabilities & Equity	30.32	29.62	29.6	6.69	10.65	0.69
Total Debt	0.36	0.42	0.63	0.6	0.71	-
Net Cash (Debt)	3.44	10.11	24.02	2.84	7.82	0.43
Net Cash Growth	-81.20%	-57.94%	746.77%	-63.73%	1727.80%	-
Net Cash Per Share	2.44	7.17	18.58	2.50	7.44	0.44
Filing Date Shares Outstanding	1.41	1.41	1.41	1.14	1.14	0.98
Total Common Shares Outstanding	1.41	1.41	1.41	1.14	1.14	0.98
Working Capital	11.66	16.17	25.02	3.98	8.92	0.61
Book Value Per Share	16.03	17.10	19.68	4.93	8.49	0.69
Tangible Book Value	22.55	24.06	27.69	5.51	9.68	0.67
Tangible Book Value Per Share	15.99	17.07	19.65	4.83	8.49	0.69
Land	2.21	1.71	1.53	1.48	0.53	-
Machinery	0.52	0.5	0.5	0.31	0.27	-
Construction In Progress	-	0.41	-	0.01	0.46	-

Updated Nov 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.