Urteste Balance Sheet

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

Millions PLN. 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	0.28	1.46	1.14	3.43	8.53	0.43
Short-Term Investments	-	9.06	23.51	-	-	-
Cash & Short-Term Investments	0.28	10.52	24.65	3.43	8.53	0.43
Cash Growth	-98.18%	-57.32%	617.82%	-59.76%	1893.69%	-
Other Receivables	10.2	7.38	1.7	1.06	0.64	0.2
Receivables	10.2	7.38	1.7	1.06	0.64	0.2
Inventory	-	-	0.16	0.09	-	-
Other Current Assets	-	-	0.05	-	0.12	-
Total Current Assets	20.39	17.9	26.56	4.58	9.29	0.63
Property, Plant & Equipment	2.09	2.74	2.89	1.99	1.34	0.07
Other Intangible Assets	0.04	0.05	0.05	0.11	-	-
Long-Term Deferred Tax Assets	-	0.04	0.07	-	0	-
Long-Term Deferred Charges	18.19	8.85	-	-	-	-
Other Long-Term Assets	0.03	0.03	0.02	0.02	0.02	-
Total Assets	40.74	29.62	29.6	6.69	10.65	0.69
Accounts Payable	0.7	0.84	0.37	0.42	0.23	0.01
Accrued Expenses	0.36	0.33	0.2	0.05	0.01	0.01
Current Portion of Leases	0.28	0.24	0.32	0.12	0.12	-
Current Income Taxes Payable	-	0.01	0.14	-	-	-
Other Current Liabilities	0.09	0.31	0.51	0.01	0.01	0
Total Current Liabilities	11.35	1.73	1.54	0.6	0.37	0.02
Long-Term Leases	-	0.18	0.31	0.47	0.59	-
Long-Term Unearned Revenue	7.75	3.56	-	-	-	-
Long-Term Deferred Tax Liabilities	-	0.04	0	-	0	-
Total Liabilities	19.1	5.51	1.86	1.07	0.97	0.02
Common Stock	0.14	0.14	0.14	0.11	0.11	0.01
Additional Paid-In Capital	22.1	25.73	34.18	10.55	12.88	1.88
Retained Earnings	-4.09	-3.63	-8.45	-6.92	-5.18	-1.22
Comprehensive Income & Other	3.5	1.87	1.87	1.87	1.88	-
Shareholders' Equity	21.64	24.11	27.74	5.62	9.68	0.67
Total Liabilities & Equity	40.74	29.62	29.6	6.69	10.65	0.69
Total Debt	0.28	0.42	0.63	0.6	0.71	-
Net Cash (Debt)	0	10.11	24.02	2.84	7.82	0.43
Net Cash Growth	-99.99%	-57.94%	746.77%	-63.73%	1727.80%	-
Net Cash Per Share	0.00	7.17	18.58	2.50	7.44	0.44
Filing Date Shares Outstanding	1.41	1.41	1.41	1.14	1.14	0.98
Total Common Shares Outstanding	1.41	1.41	1.41	1.14	1.14	0.98
Working Capital	9.04	16.17	25.02	3.98	8.92	0.61
Book Value Per Share	15.35	17.10	19.68	4.93	8.49	0.69
Tangible Book Value	21.6	24.06	27.69	5.51	9.68	0.67
Tangible Book Value Per Share	15.32	17.07	19.65	4.83	8.49	0.69
Land	2.21	1.71	1.53	1.48	0.53	-
Machinery	0.52	0.5	0.5	0.31	0.27	-
Construction In Progress	-	0.41	-	0.01	0.46	-

Source: S&P Capital IQ. Standard template. Financial Sources.