LINC Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	28.52	59.27	75.99	46.07	83.31
Short-Term Investments	-	-	-	14.76	-
Cash & Short-Term Investments	28.52	59.27	75.99	60.83	83.31
Cash Growth	-51.89%	-22.00%	24.92%	-26.98%	119.08%
Accounts Receivable	36.93	42.98	35.69	37.18	26.16
Other Receivables	1.6	-	-	-	-
Total Trade Receivables	38.53	42.98	35.69	37.18	26.16
Inventory	3.99	3.05	2.95	2.62	2.72
Other Current Assets	16	5.94	20.03	13.51	9.44
Total Current Assets	87.03	111.25	134.66	114.14	121.63
Net Property, Plant & Equipment	350.9	266.31	156.58	117.04	114.61
Goodwill	10.74	10.74	10.74	14.54	14.54
Other Long-Term Assets	44.49	48.25	43.27	45.86	44.53
Total Assets	493.16	436.56	345.25	291.57	295.3
Accounts Payable	27.02	37.03	18.15	10.5	12.3
Accrued Expenses	18.43	11.99	13.68	8.65	15.67
Current Portion of Leases	11.1	9.5	11.81	9.63	11.48
Unearned Revenue	44.16	30.63	26.91	24.15	25.41
Other Current Liabilities	-	1.07	2.87	2.09	1.03
Total Current Liabilities	100.71	90.21	73.41	55.02	65.88
Long-Term Leases	192.77	168.06	104.98	91	86.41
Other Long-Term Liabilities	-	0.02	0.06	0.67	1.61
Total Long-Term Liabilities	192.77	168.08	105.04	91.67	88.02
Total Liabilities	293.48	258.29	178.45	146.69	153.9
Common Stock	48.18	48.18	48.18	49.07	141.38
Treasury Stock	-	-	-	-	-82.86
Additional Paid-in Capital	52.34	50.64	49.38	45.54	32.44
Accumulated Other Comprehensive Income	-	0.27	-0.04	-0.96	-1.24
Retained Earnings	99.17	79.17	69.28	51.23	39.7
Total Common Shareholders' Equity	199.69	178.26	166.8	144.88	129.42
Minority Interest	-	-	-	-	11.98
Shareholders' Equity	199.69	178.26	166.8	144.88	141.4
Total Liabilities & Equity	493.16	436.56	345.25	291.57	295.3
Total Debt	203.86	177.56	116.79	100.63	97.89
Net Cash (Debt)	-175.35	-118.29	-40.79	-39.8	-14.58
Net Cash Per Share	-5.61	-3.83	-	-	-
Book Value	199.69	178.26	166.8	144.88	129.42
Book Value Per Share	6.39	5.77	-	-	-
Tangible Book Value	188.95	167.52	156.06	130.34	114.88
Tangible Book Value Per Share	6.04	5.42	-	-	-

Updated Feb 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q