Urteste Balance Sheet

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	8.84	1.46	1.14	3.43	8.53
Short-Term Investments	6.01	9.06	23.51	-	-
Cash & Short-Term Investments	14.85	10.52	24.65	3.43	8.53
Cash Growth	41.11%	-57.32%	617.82%	-59.76%	1893.69%
Accounts Receivable	5.73	-	-	-	-
Other Receivables	-	7.38	1.7	1.06	0.64
Receivables	5.73	7.38	1.7	1.06	0.64
Inventory	-	-	0.16	0.09	-
Other Current Assets	-	-	0.05	-	0.12
Total Current Assets	20.58	17.9	26.56	4.58	9.29
Property, Plant & Equipment	2.45	2.74	2.89	1.99	1.34
Other Intangible Assets	22.07	0.05	0.05	0.11	-
Long-Term Deferred Tax Assets	0.01	0.04	0.07	-	0
Long-Term Deferred Charges	-	8.85	-	-	-
Other Long-Term Assets	0.03	0.03	0.02	0.02	0.02
Total Assets	45.14	29.62	29.6	6.69	10.65
Accounts Payable	0.33	0.84	0.37	0.42	0.23
Accrued Expenses	0.2	0.33	0.2	0.05	0.01
Short-Term Debt	2.06	-	-	-	-
Current Portion of Leases	0.35	0.24	0.32	0.12	0.12
Current Income Taxes Payable	-	0.01	0.14	-	-
Current Unearned Revenue	6.99	-	-	-	-
Other Current Liabilities	0.06	0.31	0.51	0.01	0.01
Total Current Liabilities	9.98	1.73	1.54	0.6	0.37
Long-Term Leases	0.57	0.18	0.31	0.47	0.59
Long-Term Unearned Revenue	9.65	3.56	-	-	-
Long-Term Deferred Tax Liabilities	0.01	0.04	0	-	0
Total Liabilities	20.21	5.51	1.86	1.07	0.97
Common Stock	0.15	0.14	0.14	0.11	0.11
Additional Paid-In Capital	26.53	25.73	34.18	10.55	12.88
Retained Earnings	-5.98	-3.63	-8.45	-6.92	-5.18
Comprehensive Income & Other	4.23	1.87	1.87	1.87	1.88
Shareholders' Equity	24.93	24.11	27.74	5.62	9.68
Total Liabilities & Equity	45.14	29.62	29.6	6.69	10.65
Total Debt	2.98	0.42	0.63	0.6	0.71
Net Cash (Debt)	11.87	10.11	24.02	2.84	7.82
Net Cash Growth	17.47%	-57.94%	746.77%	-63.73%	1727.80%
Net Cash Per Share	8.16	7.17	18.58	2.50	7.44
Filing Date Shares Outstanding	1.41	1.41	1.41	1.14	1.14
Total Common Shares Outstanding	1.41	1.41	1.41	1.14	1.14
Working Capital	10.6	16.17	25.02	3.98	8.92
Book Value Per Share	17.64	17.10	19.68	4.93	8.49
Tangible Book Value	2.86	24.06	27.69	5.51	9.68
Tangible Book Value Per Share	2.02	17.07	19.65	4.83	8.49
Land	-	1.71	1.53	1.48	0.53
Machinery	-	0.5	0.5	0.31	0.27
Construction In Progress	-	0.41	-	0.01	0.46