Adagio Medical Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	8.2	20.59	1.38	5.55
Cash & Short-Term Investments	8.2	20.59	1.38	5.55
Cash Growth	300.98%	1388.50%	-75.07%	-
Receivables	-	0.04	0.07	-
Inventory	1.84	2.57	3.32	0.37
Prepaid Expenses	1.11	1.94	0.23	0.29
Other Current Assets	1.08	0.22	0.18	0.53
Total Current Assets	12.23	25.35	5.19	6.73
Property, Plant & Equipment	2.7	2.15	1.62	1.94
Goodwill	13.97	13.97	-	-
Other Intangible Assets	6.97	6.97	-	-
Other Long-Term Assets	0.01	0.01	0.02	0.03
Total Assets	35.88	48.45	6.83	8.7
Accounts Payable	1.32	2.84	3.83	1.01
Accrued Expenses	3.36	4.78	4.62	2.29
Short-Term Debt	-	-	36.43	9.5
Current Portion of Long-Term Debt	-	-	1.7	-
Current Portion of Leases	0.21	0.14	0.08	0.16
Other Current Liabilities	-	0	0.52	-
Total Current Liabilities	4.88	7.76	47.18	12.97
Long-Term Debt	16.95	16.08	0.14	-
Long-Term Leases	0.63	0.05	0.05	0.13
Long-Term Deferred Tax Liabilities	0.88	0.88	-	-
Other Long-Term Liabilities	3.87	3.77	0.01	0
Total Liabilities	27.21	28.54	47.38	13.11
Common Stock	0	0	0	0
Additional Paid-In Capital	90.95	90.5	1.61	1.15
Retained Earnings	-82.18	-70.59	-133.65	-97.06
Comprehensive Income & Other	-0.1	0	0.02	0.03
Total Common Equity	8.67	19.91	-132.02	-95.88
Shareholders' Equity	8.67	19.91	-40.55	-4.41
Total Liabilities & Equity	35.88	48.45	6.83	8.7
Total Debt	17.78	16.27	38.4	9.8
Net Cash (Debt)	-9.58	4.32	-37.02	-4.25
Net Cash Per Share	-0.68	0.65	-48.72	-5.65
Filing Date Shares Outstanding	15.38	15.38	14.54	0.75
Total Common Shares Outstanding	15.38	15.2	0.78	0.75
Working Capital	7.34	17.59	-41.99	-6.24
Book Value Per Share	0.56	1.31	-169.22	-127.57
Tangible Book Value	-12.27	-1.02	-132.02	-95.88
Tangible Book Value Per Share	-0.80	-0.07	-169.22	-127.57
Machinery	4.96	4.39	2.91	2.53
Construction In Progress	-	-	0.05	0.05
Leasehold Improvements	0.3	0.31	0.31	0.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q