Turbo Energy Balance Sheet

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

Millions EUR. 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	0.49	2.38	0.62	0.5	0.62
Short-Term Investments	0.03	0.05	2.04	-	-
Cash & Short-Term Investments	0.53	2.44	2.66	0.5	0.62
Cash Growth	-78.34%	-8.55%	430.18%	-18.47%	-
Accounts Receivable	1.74	2.93	2.22	3.14	3.13
Other Receivables	10.44	0.25	1.6	0.14	0.04
Total Trade Receivables	12.18	3.17	3.82	3.28	3.17
Inventory	3.44	1.95	5.59	10.11	3.32
Other Current Assets	3.64	1.02	1.05	0.74	1.85
Total Current Assets	19.8	8.58	13.12	14.62	8.96
Net Property, Plant & Equipment	0.24	0.31	0.21	0.24	0.08
Other Intangible Assets	2.1	1.71	0.84	0.37	0.11
Other Long-Term Assets	2.27	2.04	1.06	-	0
Total Assets	24.41	12.65	15.23	15.24	9.15
Accounts Payable	12.65	2.91	2.04	2.65	3.4
Accrued Expenses	0.36	0.01	-	-	-
Current Portion of Long-Term Debt	4.76	4.46	3.9	8.01	4.21
Current Portion of Leases	0.01	0.03	0.04	0.06	0.02
Other Current Liabilities	2.93	1.79	3.85	0.24	0.54
Total Current Liabilities	20.71	9.21	9.82	10.96	8.17
Long-Term Debt	2.06	0.77	0.09	0.32	0.55
Long-Term Leases	0.01	0	0.02	0.04	0.04
Other Long-Term Liabilities	0.03	0.03	0.03	-	-
Total Long-Term Liabilities	2.1	0.81	0.15	0.36	0.6
Total Liabilities	22.81	10.02	9.97	11.32	8.76
Common Stock	2.75	2.75	2.75	2.5	0
Additional Paid-in Capital	3.94	3.81	3.1	-	-
Accumulated Other Comprehensive Income	1.41	1.41	1.41	0.38	0.12
Retained Earnings	-6.51	-5.35	-2.01	1.03	0.27
Shareholders' Equity	1.6	2.62	5.26	3.92	0.39
Total Liabilities & Equity	24.41	12.65	15.23	15.24	9.15
Total Debt	6.85	5.27	4.05	8.43	4.82
Net Cash (Debt)	-6.32	-2.84	-1.38	-7.93	-4.2
Net Cash Per Share	-0.57	-0.26	-0.13	-0.79	-0.42
Book Value	1.6	2.62	5.26	3.92	0.39
Book Value Per Share	0.15	0.24	0.51	0.39	0.04
Tangible Book Value	-0.5	0.91	4.42	3.55	0.28
Tangible Book Value Per Share	-0.05	0.08	0.43	0.35	0.03

Updated May 16, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q