Venu Holding 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	58.18	37.97	20.2	23.47
Cash & Short-Term Investments	58.18	37.97	20.2	23.47
Cash Growth	62.53%	87.96%	-13.93%	-
Inventory	0.19	0.23	0.19	0.09
Prepaid Expenses	2.19	0.85	0.21	0.3
Total Current Assets	60.75	39.05	20.6	23.86
Property, Plant & Equipment	251.27	138.57	61.42	27.92
Long-Term Investments	2.56	0.55	0.55	0.63
Other Intangible Assets	0.16	0.21	0.28	0.34
Other Long-Term Assets	0.07	0.04	0.38	0.15
Total Assets	314.81	178.42	83.22	52.9
Accounts Payable	24.04	7.28	2.57	1.82
Accrued Expenses	2.42	3.82	1.03	0.77
Current Portion of Long-Term Debt	1.01	11.53	0.33	0.34
Current Portion of Leases	0.34	0.36	0.23	0.44
Current Unearned Revenue	2.02	1.53	0.76	0.13
Total Current Liabilities	30.05	24.53	4.92	3.49
Long-Term Debt	68.71	14.1	11.18	6.99
Long-Term Leases	0.77	1.02	3.65	3.66
Other Long-Term Liabilities	8.83	7.95	1.5	-
Total Liabilities	108.36	47.6	21.24	14.14
Common Stock	0.04	0.04	0.03	0.02
Additional Paid-In Capital	205.81	144.55	47.74	22.45
Retained Earnings	-83.2	-47.36	-17.02	-6.5
Treasury Stock	-1.5	-1.5	-0	-
Total Common Equity	121.15	95.72	30.75	15.97
Minority Interest	75.17	35.09	31.23	22.79
Shareholders' Equity	206.45	130.82	61.98	38.76
Total Liabilities & Equity	314.81	178.42	83.22	52.9
Total Debt	70.83	27.02	15.38	11.42
Net Cash (Debt)	-12.65	10.95	4.82	12.05
Net Cash Growth	-	127.34%	-60.02%	-
Net Cash Per Share	-0.37	0.31	0.18	0.79
Filing Date Shares Outstanding	43.23	37.88	32.19	15.28
Total Common Shares Outstanding	43.63	37.85	32.19	15.28
Working Capital	30.7	14.52	15.68	20.36
Book Value Per Share	2.78	2.53	0.96	1.04
Tangible Book Value	120.99	95.51	30.48	15.62
Tangible Book Value Per Share	2.77	2.52	0.95	1.02
Land	132.21	93.38	39.38	13.38
Machinery	33.22	10.06	4.06	1.35
Construction In Progress	95.45	40.52	17.68	10.89
Leasehold Improvements	0.19	0.4	0.16	0.1

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