Photocat Balance Sheet

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

Millions DKK. 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	0.32	0.44	0.31	0.23	0.09	1.42
Cash & Short-Term Investments	0.32	0.44	0.31	0.23	0.09	1.42
Cash Growth	-	44.72%	33.16%	155.97%	-93.66%	-30.98%
Accounts Receivable	4.03	1.93	2.19	4.07	4.58	3.92
Other Receivables	0.57	2.07	0.72	0.81	1.12	0.88
Receivables	4.59	4.01	2.92	4.89	5.7	4.8
Inventory	0.39	0.44	0.44	0.75	0.94	1.07
Prepaid Expenses	0.05	0.01	0.09	0.12	0.16	0.13
Total Current Assets	5.35	4.9	3.75	5.99	6.89	7.42
Property, Plant & Equipment	3.64	0.45	0.53	0.34	0.42	0.84
Long-Term Investments	-	-	0	0	0	0
Other Intangible Assets	15.84	19.23	15.04	16.47	15	9.92
Other Long-Term Assets	0.3	0.3	0.3	0.32	0.3	0.3
Total Assets	25.13	24.88	19.62	23.11	22.61	18.47
Accounts Payable	5.45	5.23	2.18	3.13	3.92	2.47
Short-Term Debt	0.82	1.72	1.51	1.75	0.98	-
Current Portion of Long-Term Debt	-	-	-	-	-	0.18
Current Unearned Revenue	-	-	-	-	-	0.19
Other Current Liabilities	1.69	1.26	0.4	0.59	0.41	0.35
Total Current Liabilities	7.96	8.21	4.09	5.46	5.31	3.19
Long-Term Debt	-	-	-	-	-	2.25
Long-Term Unearned Revenue	-	-	-	0.78	0.78	0.78
Other Long-Term Liabilities	5.51	5.23	4.95	4.62	2.36	0.95
Total Liabilities	13.47	13.44	9.04	10.86	8.45	7.17
Common Stock	6	6	6	5.85	5.85	5.25
Retained Earnings	-1.48	-1.83	-2.69	-1.4	1.12	-0.11
Comprehensive Income & Other	7.15	7.28	7.28	7.8	7.2	6.17
Shareholders' Equity	11.66	11.44	10.58	12.25	14.17	11.3
Total Liabilities & Equity	25.13	24.88	19.62	23.11	22.61	18.47
Total Debt	0.82	1.72	1.51	1.75	0.98	2.43
Net Cash (Debt)	-0.51	-1.28	-1.21	-1.52	-0.89	-1.01
Net Cash Per Share	-0.08	-0.20	-0.20	-0.26	-0.16	-0.19
Filing Date Shares Outstanding	6	6	6	5.85	5.85	5.25
Total Common Shares Outstanding	6	6	6	5.85	5.85	5.25
Working Capital	-2.61	-3.31	-0.34	0.53	1.58	4.23
Book Value Per Share	1.95	1.91	1.77	2.09	2.42	2.15
Tangible Book Value	-4.18	-7.79	-4.46	-4.22	-0.83	1.39
Tangible Book Value Per Share	-0.70	-1.30	-0.74	-0.72	-0.14	0.26
Machinery	-	-	6.35	5.99	5.84	5.67