ML System S.A. (FRA:6UX)

ML System Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10.02	5.98	20.72	27.06	24.75	20.54
Cash & Short-Term Investments	10.02	5.98	20.72	27.06	24.75	20.54
Cash Growth	415.23%	-71.15%	-23.44%	9.34%	20.51%	35.71%
Accounts Receivable	44.25	41.21	55.05	69.64	53.89	55.01
Other Receivables	7.55	4.56	23.53	10.49	5.08	4.28
Receivables	51.8	45.76	78.58	80.13	58.97	59.3
Inventory	33.82	28.38	35.89	66.48	57.71	38.27
Prepaid Expenses	-	1.36	-	-	-	0.04
Other Current Assets	-	-	0.48	1.15	0.89	0.62
Total Current Assets	95.64	81.48	135.67	174.82	142.31	118.76
Property, Plant & Equipment	367.31	381.09	399.11	221.28	231.24	136.82
Goodwill	0.02	0.02	0.02	0.02	0.02	0.02
Other Intangible Assets	32.94	0.69	0.7	0.75	0.89	1.21
Long-Term Deferred Tax Assets	3.12	0.29	0.19	0.13	0.06	0.06
Long-Term Deferred Charges	-	29.84	24.42	16.24	12	10.98
Other Long-Term Assets	3.1	3.03	8.66	17.97	3.7	35.69
Total Assets	502.13	496.42	568.76	431.19	390.22	303.53
Accounts Payable	99.39	35.7	13.26	40.29	21.27	17.01
Accrued Expenses	1.58	3.79	3.26	4.01	2.2	1.61
Short-Term Debt	86.82	-	-	-	-	-
Current Portion of Long-Term Debt	-	62.72	72.51	69.5	33.85	30.4
Current Portion of Leases	3	2.97	3.69	3.34	3.31	1.14
Current Income Taxes Payable	0	7.8	0.64	14.41	3.57	2.89
Current Unearned Revenue	-	10.93	10.51	10.36	8.74	6.4
Other Current Liabilities	4.23	12.4	49.13	9.08	24.14	4.45
Total Current Liabilities	195.02	136.32	153	150.98	97.09	63.92
Long-Term Debt	44.12	54.38	65.73	37.89	46.48	29.47
Long-Term Leases	13.92	15.91	10.16	11.12	13.3	2.17
Long-Term Unearned Revenue	-	138.44	146.49	80.84	83.68	61.4
Pension & Post-Retirement Benefits	0.16	0.16	0.14	0.1	0.1	0.08
Long-Term Deferred Tax Liabilities	1.39	0.94	1.7	1.1	0.46	0.02
Other Long-Term Liabilities	138.48	3.83	4.34	2.75	2.91	2.12
Total Liabilities	393.1	349.96	381.55	284.78	244.02	159.18
Common Stock	7.38	7.38	7.38	6.48	6.48	6.38
Additional Paid-In Capital	146.52	146.52	146.52	91.24	91.24	91.24
Retained Earnings	-46.75	-9.37	31.43	46.81	46.59	44.85
Comprehensive Income & Other	1.88	1.92	1.87	1.88	1.89	1.89
Shareholders' Equity	109.03	146.46	187.2	146.41	146.2	144.35
Total Liabilities & Equity	502.13	496.42	568.76	431.19	390.22	303.53
Total Debt	147.86	135.98	152.09	121.85	96.95	63.18
Net Cash (Debt)	-137.85	-130	-131.38	-94.79	-72.21	-42.65
Net Cash Per Share	-18.69	-17.61	-18.82	-14.62	-11.31	-6.99
Filing Date Shares Outstanding	7.36	7.38	7.38	6.48	6.48	6.38
Total Common Shares Outstanding	7.36	7.38	7.38	6.48	6.48	6.38
Working Capital	-99.38	-54.84	-17.33	23.83	45.22	54.84
Book Value Per Share	14.81	19.84	25.36	22.58	22.55	22.63
Tangible Book Value	76.08	145.75	186.49	145.65	145.3	143.12
Tangible Book Value Per Share	10.33	19.75	25.27	22.46	22.41	22.43
Land	-	10.24	10.24	10.24	3.92	3.92
Buildings	-	97.45	51.69	51.62	34.49	34.13
Machinery	-	294.81	304.08	148.19	145.32	88.61
Construction In Progress	-	1.51	40.12	0.29	12.44	0.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.