Airtouch Solar Ltd (TLV:ARTS)

Airtouch Solar Balance Sheet

Financials in millions ILS. 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	4.76	8.17	10.44	25.67	50.08	0.78
Short-Term Investments	1.85	1.88	0.79	2.73	-	-
Cash & Short-Term Investments	6.61	10.05	11.23	28.41	50.08	0.78
Cash Growth	-34.17%	-10.49%	-60.48%	-43.28%	6337.53%	31.64%
Accounts Receivable	5.95	9.93	6.81	2.25	2.96	0.08
Other Receivables	7.06	3.9	3.85	1.79	1.09	0.42
Receivables	13	13.82	10.65	4.04	4.05	0.49
Inventory	13.49	17.85	19.53	11.5	9.74	1.97
Prepaid Expenses	-	0.57	0.44	0.48	0.36	0.18
Other Current Assets	-	0.22	0.47	5.66	5.69	0.6
Total Current Assets	33.1	42.51	42.32	50.09	69.92	4.02
Property, Plant & Equipment	8.96	9.73	12.83	7.17	8.3	2.94
Other Long-Term Assets	0.61	1.19	1.27	1.06	-	-
Total Assets	42.68	53.42	56.42	58.32	78.22	6.96
Accounts Payable	2.7	2.04	3.38	0.71	1.72	1.05
Accrued Expenses	-	3.46	3.75	1.91	2.09	0.65
Short-Term Debt	4.55	3.56	-	-	-	-
Current Portion of Leases	1.85	1.74	1.71	1.27	1.71	0.82
Current Unearned Revenue	1.81	3.14	2.34	0.55	1.34	0.3
Other Current Liabilities	5.35	8.61	6.44	2.26	2.1	1.38
Total Current Liabilities	16.26	22.54	17.62	6.7	8.95	4.2
Long-Term Leases	6.43	6.9	9.48	3.76	5.24	1.76
Long-Term Unearned Revenue	-	-	0.43	2.05	1.97	1.77
Other Long-Term Liabilities	0.29	0.31	-	-	-	-
Total Liabilities	22.97	29.74	27.53	12.51	16.16	7.72
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	98.9	99.35	98.82	95.98	95.4	14.88
Retained Earnings	-79.2	-75.67	-70.21	-50.17	-33.34	-16.4
Comprehensive Income & Other	-	-	0.28	-	-	0.7
Total Common Equity	19.71	23.68	28.89	45.81	62.06	-0.83
Shareholders' Equity	19.71	23.68	28.89	45.81	62.06	-0.77
Total Liabilities & Equity	42.68	53.42	56.42	58.32	78.22	6.96
Total Debt	12.83	12.19	11.19	5.04	6.95	2.57
Net Cash (Debt)	-6.22	-2.15	0.03	23.37	43.14	-1.79
Net Cash Growth	-	-	-99.86%	-45.82%	-	-
Net Cash Per Share	-0.16	-0.05	0.00	0.66	1.25	-0.15
Filing Date Shares Outstanding	40.1	40.1	40.1	35.57	35.57	12.34
Total Common Shares Outstanding	40.1	40.1	40.1	35.57	35.52	12.34
Working Capital	16.84	19.97	24.7	43.39	60.97	-0.18
Book Value Per Share	0.49	0.59	0.72	1.29	1.75	-0.07
Tangible Book Value	19.71	23.68	28.89	45.81	62.06	-0.83
Tangible Book Value Per Share	0.49	0.59	0.72	1.29	1.75	-0.07
Machinery	-	2.95	2.87	2.61	1.33	0.5
Leasehold Improvements	-	0.47	0.48	0.62	0.38	0.08

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