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	-	-	-	-	-
Cash & Short-Term Investments	209.36	150.26	60.35	12.21	10.38	4.13
Cash Growth	100.08%	148.97%	394.26%	17.69%	151.42%	-52.99%
Accounts Receivable	178.24	187.28	240.73	249.26	169.5	49.79
Other Receivables	0.04	0.09	0.12	0.19	0.06	0.32
Receivables	178.29	214.32	255.27	253.66	171.67	51.2
Inventory	0.2	0.33	1.08	1.32	1.1	0.84
Other Current Assets	0.65	0.66	1.5	2.25	5.61	10.82
Total Current Assets	388.49	365.58	318.2	269.44	188.76	66.98
Property, Plant & Equipment	46.87	44.76	38.86	29.98	28.81	27.46
Long-Term Investments	-	-	-	0.68	0.72	0.63
Goodwill	-	-	3.52	3.52	15.81	17.73
Other Intangible Assets	0.37	0.44	0.72	0.6	0.77	0.97
Long-Term Accounts Receivable	0.5	0.58	0.41	0.48	0.36	0.32
Long-Term Deferred Tax Assets	17.8	17.46	19.3	18.19	13.66	2.96
Long-Term Deferred Charges	0.14	0.14	0.26	2.87	6.36	11
Other Long-Term Assets	240.52	241.34	198.56	106.23	20.45	4.48
Total Assets	694.71	671.61	581.1	431.99	275.72	132.58
Accounts Payable	105.56	99.27	76.58	77.22	55.22	19.83
Accrued Expenses	37.73	32.01	32.47	-	-	0.31
Short-Term Debt	9.69	2.57	0.5	2.15	0.42	-
Current Portion of Long-Term Debt	-	6.72	8.63	4.61	12.68	14.87
Current Portion of Leases	3.62	3.17	2.95	1.41	1.61	0.81
Current Income Taxes Payable	4.7	6.09	3.42	0.2	0.38	0.12
Other Current Liabilities	0.18	0.35	0.28	0.3	1.13	6.06
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
Pension & Post-Retirement Benefits	0.25	0.24	0.2	0.18	0.14	0.09
Long-Term Deferred Tax Liabilities	74.05	78.46	80.85	64.39	34.22	8.22
Other Long-Term Liabilities	28.43	42.71	34.37	18.92	3.77	0.06
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	5.7
Retained Earnings	401.93	374.83	314.93	236.01	146.39	61.98
Comprehensive Income & Other	-0	-	-	-	-	0.04
Total Common 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	125.72	34.38	-12.31	-15.68	-24.24
Net Cash Growth	133.32%	265.68%	-	-	-	-
Net Cash Per Share	15.10	10.48	2.86	-1.03	-1.31	-2.02
Filing Date Shares Outstanding	11.78	12	12	12	12	12
Total Common Shares Outstanding	11.78	12	12	12	12	12
Working Capital	227	215.39	193.37	183.55	117.31	24.99
Book Value Per Share	34.72	31.81	26.82	20.24	12.77	5.74
Tangible Book Value	408.46	381.3	317.59	238.79	136.71	50.22
Tangible Book Value Per Share	34.68	31.77	26.47	19.90	11.39	4.19
Buildings	-	32.8	33.33	28.96	28.95	26.77
Machinery	-	21.04	18.6	13.11	10.31	6.47
Construction In Progress	-	7.85	3.27	0.26	0.02	0.01