RANI 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	4.14	3.76	5.86	27.01	117.45	73.06
Short-Term Investments	-	23.88	42.68	71.48	-	-
Cash & Short-Term Investments	4.14	27.64	48.54	98.48	117.45	73.06
Cash Growth	-86.37%	-43.06%	-50.71%	-16.15%	60.77%	341.81%
Other Receivables	-	0.43	-	-	-	1.72
Total Trade Receivables	-	0.43	-	-	-	1.72
Other Current Assets	0.81	1.68	2.31	2.44	2.14	0.17
Total Current Assets	4.96	29.74	50.85	100.92	119.6	74.95
Net Property, Plant & Equipment	4.94	6.64	6.82	7.1	4.61	4.47
Other Long-Term Assets	0.25	0.25	0.25	-	-	-
Total Assets	10.14	36.63	57.92	108.03	124.21	79.42
Accounts Payable	2.47	1.36	0.65	1.46	1.08	0.54
Accrued Expenses	2.09	2.07	1.73	2.35	1.56	0.7
Current Portion of Long-Term Debt	13.54	15	4.9	-	-	1.36
Current Portion of Leases	1.05	1.46	0.72	1.01	-	-
Unearned Revenue	-	-	-	-	-	2.72
Total Current Liabilities	19.14	19.89	7.99	4.82	2.64	5.31
Long-Term Debt	-	9.61	24.48	29.15	-	2.41
Long-Term Leases	2.97	3.64	-	0.06	-	-
Other Long-Term Liabilities	-	-	-	-	-	0.32
Total Long-Term Liabilities	2.97	13.25	24.48	29.21	-	2.73
Total Liabilities	22.11	33.14	32.47	34.02	2.64	8.04
Common Stock	0.01	0.01	0.01	0.01	0.01	0.66
Additional Paid-in Capital	114.41	104.89	85.76	75.84	55.74	-
Accumulated Other Comprehensive Income	0	0.01	-0.01	-0.07	-	-
Retained Earnings	-122.28	-102.91	-72.89	-38.92	-8.33	-114
Total Common Shareholders' Equity	-7.86	1.99	12.87	36.86	47.41	-113.34
Minority Interest	-4.11	1.5	12.58	37.15	74.16	184.71
Shareholders' Equity	-11.97	3.49	25.44	74	121.57	-113.34
Total Liabilities & Equity	10.14	36.63	57.92	108.03	124.21	79.42
Total Debt	17.55	29.71	30.1	30.21	0	3.77
Net Cash (Debt)	-13.41	-2.07	18.44	68.27	117.45	69.29
Net Cash Growth	-	-	-72.99%	-41.88%	69.52%	319.01%
Net Cash Per Share	-0.36	-0.07	0.72	2.87	6.01	1.48
Book Value	-7.86	1.99	12.87	36.86	47.41	-113.34
Book Value Per Share	-0.21	0.07	0.50	1.55	2.43	-2.42
Tangible Book Value	-7.86	1.99	12.87	36.86	47.41	-113.34
Tangible Book Value Per Share	-0.21	0.07	0.50	1.55	2.43	-2.42

Updated Nov 6, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q