Venu Holding Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	41.31	37.97	20.2	23.47
Cash & Short-Term Investments	41.31	37.97	20.2	23.47
Cash Growth	8.79%	87.96%	-13.93%	-
Other Receivables	0.24	0.11	-	-
Receivables	0.24	0.11	-	-
Inventory	0.47	0.23	0.19	0.09
Prepaid Expenses	2.31	0.74	0.21	0.3
Total Current Assets	44.33	39.05	20.6	23.86
Property, Plant & Equipment	323.34	138.57	61.42	27.92
Long-Term Investments	2.56	0.55	0.55	0.63
Other Intangible Assets	0.14	0.21	0.28	0.34
Other Long-Term Assets	0.18	0.04	0.38	0.15
Total Assets	370.56	178.42	83.22	52.9
Accounts Payable	25.13	7.28	2.57	1.82
Accrued Expenses	28.43	3.82	1.03	0.77
Current Portion of Long-Term Debt	1.43	11.53	0.33	0.34
Current Portion of Leases	0.61	0.36	0.23	0.44
Current Unearned Revenue	1.54	1.53	0.76	0.13
Other Current Liabilities	0.22	-	-	-
Total Current Liabilities	57.35	24.53	4.92	3.49
Long-Term Debt	88.51	14.1	11.18	6.99
Long-Term Leases	16.89	1.02	3.65	3.66
Other Long-Term Liabilities	8.95	7.95	1.5	-
Total Liabilities	171.7	47.6	21.24	14.14
Common Stock	0.04	0.04	0.03	0.02
Additional Paid-In Capital	222.05	144.55	47.74	22.45
Retained Earnings	-91.45	-47.36	-17.02	-6.5
Treasury Stock	-7.9	-1.5	-0	-
Total Common Equity	122.74	95.72	30.75	15.97
Minority Interest	65.98	35.09	31.23	22.79
Shareholders' Equity	198.85	130.82	61.98	38.76
Total Liabilities & Equity	370.56	178.42	83.22	52.9
Total Debt	107.43	27.02	15.38	11.42
Net Cash (Debt)	-66.13	10.95	4.82	12.05
Net Cash Growth	-	127.34%	-60.02%	-
Net Cash Per Share	-1.64	0.31	0.18	0.79
Filing Date Shares Outstanding	60.35	37.88	32.19	15.28
Total Common Shares Outstanding	43.17	37.85	32.19	15.28
Working Capital	-13.02	14.52	15.68	20.36
Book Value Per Share	2.84	2.53	0.96	1.04
Tangible Book Value	122.6	95.51	30.48	15.62
Tangible Book Value Per Share	2.84	2.52	0.95	1.02
Land	157.65	93.38	39.38	13.38
Machinery	14.5	10.06	4.06	1.35
Construction In Progress	146.28	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.