Vercom 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	81.26	106.24	63.26	49.04	116.8	11.68
Cash & Short-Term Investments	81.26	106.24	63.26	49.04	116.8	11.68
Cash Growth	51.22%	67.93%	29.00%	-58.01%	899.65%	-
Accounts Receivable	41.15	51.23	34.36	32.61	32.26	23.26
Receivables	41.65	51.57	37.9	36.77	65.61	23.97
Other Current Assets	3.12	1.85	1.89	2.09	0.65	0.78
Total Current Assets	126.02	159.65	103.05	87.91	183.07	36.44
Property, Plant & Equipment	23.22	22.57	22.75	19.85	6.09	2.93
Long-Term Investments	-	-	-	12.85	11.95	9.6
Goodwill	-	370.4	358.77	387.73	63.72	33.41
Other Intangible Assets	408.85	73.07	73.2	77.39	29.59	21.4
Long-Term Accounts Receivable	0.55	-	0.35	0.29	-	-
Long-Term Deferred Tax Assets	0.22	-	0.18	-	0.04	0.06
Other Long-Term Assets	0.15	0.65	0.68	0.93	1.41	0.63
Total Assets	559.03	626.38	559.06	586.94	295.95	104.45
Accounts Payable	37.64	55.77	34.75	32.29	27.99	18.41
Accrued Expenses	1.91	5.72	4.71	3.54	2.01	1.7
Current Portion of Long-Term Debt	15.31	14.69	16.07	20.68	6.47	6.48
Current Portion of Leases	4.18	3.85	4.17	3.26	1.72	0.81
Current Income Taxes Payable	4.63	6.37	6.13	4.1	0.97	1.44
Current Unearned Revenue	24.63	25.9	16.9	12	4.8	1.98
Other Current Liabilities	3.5	0.18	0.17	1.63	0.55	0.61
Total Current Liabilities	91.8	112.49	82.89	77.49	44.5	31.43
Long-Term Debt	64.98	73.06	88.71	134.76	35.05	41.58
Long-Term Leases	4.57	4.13	5.26	3.23	3.7	1.82
Long-Term Deferred Tax Liabilities	13.56	14.96	14.16	14.17	4.39	3.88
Other Long-Term Liabilities	0.06	0.06	0.39	0.39	1.43	-
Total Liabilities	174.96	204.7	191.41	230.04	89.07	78.71
Common Stock	0.44	0.44	0.44	0.44	0.37	0.3
Additional Paid-In Capital	292.7	292.7	292.7	292.7	174.04	3.66
Retained Earnings	113.13	142.56	101.35	56.06	24.65	16.92
Treasury Stock	-0.47	-0.58	-0.73	-0.84	-0.97	-4.41
Comprehensive Income & Other	-23.92	-15.24	-27.85	7.68	7.97	9.27
Total Common Equity	381.89	419.89	365.91	356.04	206.05	25.74
Minority Interest	2.18	1.79	1.73	0.87	0.83	-
Shareholders' Equity	384.06	421.68	367.64	356.91	206.88	25.74
Total Liabilities & Equity	559.03	626.38	559.06	586.94	295.95	104.45
Total Debt	89.04	95.73	114.21	161.94	46.94	50.69
Net Cash (Debt)	-7.78	10.51	-50.95	-112.9	69.86	-39.01
Net Cash Per Share	-0.35	0.47	-2.30	-5.52	4.20	-2.68
Filing Date Shares Outstanding	22.13	22.15	22.13	22.11	18.34	14.35
Total Common Shares Outstanding	22.13	22.15	22.13	22.11	18.34	14.35
Working Capital	34.22	47.16	20.16	10.42	138.57	5.01
Book Value Per Share	17.26	18.96	16.54	16.10	11.23	1.79
Tangible Book Value	-26.96	-23.58	-66.07	-109.09	112.74	-29.06
Tangible Book Value Per Share	-1.22	-1.06	-2.99	-4.93	6.15	-2.03
Buildings	-	0.08	0.5	0.5	0.35	0.2
Machinery	-	34.78	32.61	30.63	1.04	0.82
Construction In Progress	-	0.35	0.28	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.