Seco S.p.A. (BIT:IOT)

Seco S.p.A. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	55.87	72.59	74.82	39.59	58.83	23.68
Cash & Short-Term Investments	55.87	72.59	74.82	39.59	58.83	23.68
Cash Growth	-14.77%	-2.98%	89.00%	-32.70%	148.44%	42.66%
Accounts Receivable	44.48	31.89	49.49	49.23	36.7	15.03
Other Receivables	10.61	10.01	11.54	7.17	8.5	9.52
Receivables	55.09	41.9	61.03	56.41	45.19	24.55
Inventory	72.58	72.65	85.83	83.28	61.69	31.42
Prepaid Expenses	1.38	1.32	1.81	0.94	0.87	1.6
Other Current Assets	0.59	0.46	0.19	0.04	0.5	0.51
Total Current Assets	185.51	188.91	223.67	180.24	167.07	81.76
Property, Plant & Equipment	26.08	27.1	28.48	26.08	26.69	15.18
Long-Term Investments	5.77	3.93	2.92	1.77	1.77	0.24
Goodwill	157.11	157.11	165.22	165.51	148.48	7.07
Other Intangible Assets	76.81	73.22	78.76	78.59	39.87	4.68
Long-Term Deferred Tax Assets	2.98	3.05	2.29	2.52	2.25	0.62
Long-Term Deferred Charges	24.93	29.17	25.26	23.45	16.5	8.32
Other Long-Term Assets	7.05	8.44	11.91	17.07	0.87	0.5
Total Assets	486.23	490.93	538.5	495.23	403.5	118.37
Accounts Payable	36.18	31.71	36.4	44.01	39.95	15.29
Accrued Expenses	6.87	7.25	8.95	8.08	8.95	5.42
Short-Term Debt	3.92	8.02	11.03	21.68	11.5	8.54
Current Portion of Long-Term Debt	10.15	10.21	11.21	9.71	10.2	5.16
Current Portion of Leases	2.22	2.36	2.13	1.72	1.55	0.54
Current Income Taxes Payable	2.5	2.83	9.33	3.87	1.85	0.38
Current Unearned Revenue	1.65	2.66	1.51	1.44	1.68	0.58
Other Current Liabilities	1.83	0.94	1.27	2.74	3.35	0.51
Total Current Liabilities	65.32	65.98	81.83	93.24	79.02	36.41
Long-Term Debt	92.83	97.73	106.93	129.21	138.08	26.09
Long-Term Leases	6.55	6.75	8.6	6.08	6.96	1.19
Long-Term Deferred Tax Liabilities	22.77	23.72	24.08	25.91	12.03	0.04
Other Long-Term Liabilities	1.23	1.29	1.24	1.41	1.34	0.7
Total Liabilities	192.23	199.2	226	258.68	240.5	67.4
Common Stock	1.3	1.3	1.3	1.15	1.07	0.78
Additional Paid-In Capital	232.04	232.04	232.04	168.54	118.98	14.78
Retained Earnings	0.63	-20.75	12.15	11.33	4.44	4.33
Treasury Stock	-	-4.14	-4.14	-8.33	-3.69	-
Comprehensive Income & Other	39.74	63.46	49.27	43.08	24.59	23.94
Total Common Equity	273.7	271.91	290.62	215.78	145.4	43.83
Minority Interest	20.3	19.82	21.88	20.77	17.61	7.14
Shareholders' Equity	293.99	291.73	312.5	236.55	163	50.96
Total Liabilities & Equity	486.23	490.93	538.5	495.23	403.5	118.37
Total Debt	115.68	125.08	139.9	168.39	168.3	41.52
Net Cash (Debt)	-59.81	-52.49	-65.08	-128.8	-109.47	-17.84
Net Cash Per Share	-0.45	-0.36	-0.49	-1.09	-1.45	-23.29
Filing Date Shares Outstanding	132.45	132.45	132.45	117.62	110.04	0.78
Total Common Shares Outstanding	132.45	132.45	132.45	117.62	110.04	0.78
Working Capital	120.18	122.93	141.84	87.01	88.06	45.35
Book Value Per Share	2.07	2.05	2.19	1.83	1.32	56.44
Tangible Book Value	39.78	41.58	46.64	-28.32	-42.96	32.08
Tangible Book Value Per Share	0.30	0.31	0.35	-0.24	-0.39	41.32
Land	7.25	7.25	5.88	5.88	5.06	5.01
Machinery	15.89	15.58	15.08	14.47	13.76	10.45
Construction In Progress	1.33	1.15	0.63	0.2	0.18	0.13

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.