Varsal Tech, Inc. (VAT)

Varsal Tech Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Year Ending	TTM	Sep 30, 2025	Sep 30, 2024
Cash & Equivalents	5.25	2.99	2.83
Cash & Cash Equivalents	5.25	2.99	2.83
Cash Growth	-	5.50%	-
Receivables	1.59	0.26	0.24
Inventory	0.49	0.59	0.81
Other Current Assets	0	0	0.06
Total Current Assets	7.32	3.84	3.94
Property, Plant & Equipment	-	0.11	0.1
Goodwill and Intangibles	-	0.21	0.3
Total Long-Term Assets	-	0.32	0.4
Total Assets	-	4.16	4.33
Accounts Payable	-	0.13	0.1
Current Debt	-	0.09	0.09
Other Current Liabilities	1.07	0	0
Total Current Liabilities	1.07	0.22	0.19
Long-Term Debt	-	0.12	0.21
Total Long-Term Liabilities	-	0.12	0.21
Total Liabilities	-	0.34	0.4
Total Debt	0.16	0.21	0.3
Debt Growth	-	-29.74%	-
Retained Earnings	-	3.82	3.93
Shareholders' Equity	6.65	3.82	3.94
Net Cash (Debt)	5.08	2.78	2.53
Net Cash (Debt) Growth	-	9.63%	-
Working Capital	6.26	3.62	3.75

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).