Votum 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	182.39	150.26	60.35	12.21	10.38	4.13
Short-Term Investments	26.96	26.96	14.43	4.22	2.12	1.09
Cash & Short-Term Investments	209.36	177.22	74.78	16.43	12.49	5.22
Cash Growth	99.82%	136.97%	355.19%	31.50%	139.40%	-50.55%
Accounts Receivable	35.86	23.48	21.84	21.02	16.89	15.39
Other Receivables	0.04	0.09	0.12	0.19	0.06	0.32
Total Trade Receivables	35.9	23.58	21.96	21.2	16.95	15.71
Inventory	0.2	0.33	1.08	1.32	1.1	0.84
Other Current Assets	143.04	164.45	220.38	230.49	158.21	45.22
Total Current Assets	388.49	365.58	318.2	269.44	188.76	66.98
Net Property, Plant & Equipment	46.87	44.76	38.86	29.98	28.81	27.46
Other Intangible Assets	0.37	0.44	0.77	0.73	0.99	1.27
Goodwill	-	-	3.52	3.52	15.81	17.73
Long-Term Investments	1.54	1.32	1.28	0.68	0.74	0.67
Other Long-Term Assets	257.43	259.52	218.48	127.64	40.61	18.46
Total Assets	694.71	671.61	581.1	431.99	275.72	132.58
Accounts Payable	105.56	99.1	76.58	77.22	55.22	19.83
Accrued Expenses	37.91	32.53	32.75	0.3	1.13	6.36
Current Portion of Long-Term Debt	9.69	9.29	9.13	6.76	13.11	14.87
Current Portion of Leases	3.62	3.17	2.95	1.41	1.61	0.81
Other Current Liabilities	4.7	6.09	3.42	0.2	0.38	0.12
Total Current Liabilities	161.49	150.18	124.82	85.89	71.45	42
Long-Term Debt	7.27	3.41	5.38	12.53	8.12	10.79
Long-Term Leases	7.66	8.68	8.52	3.82	3.22	1.9
Other Long-Term Liabilities	102.73	121.41	115.42	83.49	38.12	8.37
Total Long-Term Liabilities	117.66	133.5	129.32	99.84	49.46	21.07
Total Liabilities	279.15	283.68	254.14	185.73	120.91	63.06
Common Stock	1.2	1.2	1.2	1.2	1.2	1.2
Additional Paid-in Capital	5.7	5.7	5.7	5.7	5.7	5.75
Retained Earnings	401.93	374.83	314.93	236.01	146.39	61.98
Total Common Shareholders' Equity	408.83	381.74	321.83	242.91	153.29	68.93
Minority Interest	6.73	6.19	5.13	3.35	1.52	0.59
Shareholders' Equity	415.56	387.93	326.96	246.26	154.81	69.52
Total Liabilities & Equity	694.71	671.61	581.1	431.99	275.72	132.58
Total Debt	28.25	24.55	25.98	24.52	26.05	28.37
Net Cash (Debt)	181.11	152.67	48.81	-8.09	-13.56	-23.15
Net Cash Growth	121.05%	212.80%	-	-	-	-
Net Cash Per Share	15.09	12.72	4.07	-0.67	-1.13	-1.93
Book Value	408.83	381.74	321.83	242.91	153.29	68.93
Book Value Per Share	34.07	31.81	26.82	20.24	12.77	5.74
Tangible Book Value	408.46	381.3	317.54	238.66	136.5	49.92
Tangible Book Value Per Share	34.04	31.77	26.46	19.89	11.37	4.16