Turbo Energy Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1.36	2.38	0.62	0.5	0.62
Short-Term Investments	0.22	0.16	2.05	0	-
Cash & Short-Term Investments	1.58	2.55	2.67	0.51	0.62
Cash Growth	-22.77%	-4.41%	428.00%	-18.06%	-
Accounts Receivable	1.22	2.96	3.51	3.21	3.12
Other Receivables	0.12	0.1	0.31	0.06	0.03
Receivables	1.34	3.06	3.82	3.28	3.17
Inventory	3.9	2.72	6.37	10.74	5.16
Prepaid Expenses	0.26	0.22	0.23	0.06	0.02
Other Current Assets	0.03	0.03	0.03	0.04	-
Total Current Assets	7.11	8.58	13.12	14.62	8.96
Property, Plant & Equipment	0.31	0.31	0.21	0.24	0.08
Other Intangible Assets	2.12	1.71	0.84	0.37	0.11
Long-Term Deferred Tax Assets	2.04	2.04	1.06	-	-
Other Long-Term Assets	-	-	-	-	0
Total Assets	11.58	12.65	15.23	15.24	9.15
Accounts Payable	1.89	2.08	1.97	2.65	3.11
Accrued Expenses	0.27	0.13	0.13	0.08	0.54
Short-Term Debt	5.55	6.18	7.46	7.78	3.96
Current Portion of Long-Term Debt	0.25	0.18	0.23	0.23	0.25
Current Portion of Leases	0.02	0.03	0.04	0.06	0.02
Current Income Taxes Payable	-	-	-	-	0.03
Other Current Liabilities	0.1	0.61	-0	0.16	0.26
Total Current Liabilities	8.08	9.21	9.82	10.96	8.17
Long-Term Debt	2.15	0.77	0.09	0.32	0.55
Long-Term Leases	0.02	0	0.02	0.04	0.04
Long-Term Deferred Tax Liabilities	0.03	0.03	0.03	-	-
Total Liabilities	10.29	10.02	9.97	11.32	8.76
Common Stock	2.75	2.75	2.75	2.5	0
Additional Paid-In Capital	3.87	3.81	3.1	-	-
Retained Earnings	-5.34	-3.94	-0.6	1.41	0.38
Shareholders' Equity	1.29	2.62	5.26	3.92	0.39
Total Liabilities & Equity	11.58	12.65	15.23	15.24	9.15
Total Debt	8	7.17	7.85	8.43	4.82
Net Cash (Debt)	-6.41	-4.62	-5.18	-7.92	-4.2
Net Cash Per Share	-0.58	-0.42	-0.50	-0.79	-0.42
Filing Date Shares Outstanding	11.02	11.02	11.02	10.02	10.02
Total Common Shares Outstanding	11.02	11.02	11.02	10.02	0.02
Working Capital	-0.97	-0.63	3.3	3.67	0.79
Book Value Per Share	0.12	0.24	0.48	0.39	22.61
Tangible Book Value	-0.83	0.91	4.42	3.55	0.28
Tangible Book Value Per Share	-0.07	0.08	0.40	0.35	16.38
Machinery	0.32	0.32	0.19	0.17	0.03

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