TSG IT Advanced Systems Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	78.51	90.6	46.08	50
Short-Term Investments	1.77	2.03	1.42	-
Cash & Short-Term Investments	80.29	92.63	47.49	50
Cash Growth	57.49%	95.05%	-5.03%	-
Accounts Receivable	124.46	86.37	56.94	49.35
Other Receivables	21.88	45.75	41.15	47.2
Receivables	146.34	132.12	98.09	96.54
Prepaid Expenses	-	8.7	15.15	20.8
Restricted Cash	0.66	0.53	17.84	26.05
Other Current Assets	-	-	10.39	42.91
Total Current Assets	227.29	233.98	188.95	236.31
Property, Plant & Equipment	69.63	71.54	70.61	71.31
Long-Term Investments	2.98	2.9	-	-
Goodwill	147.79	147.3	117.2	101.67
Other Intangible Assets	61.15	62.59	57.92	50.21
Long-Term Deferred Tax Assets	1.52	1.84	2.06	1.52
Other Long-Term Assets	7.24	7.19	2.9	1.94
Total Assets	517.59	527.34	439.64	462.97
Accounts Payable	34.47	19.98	15.68	14.7
Accrued Expenses	-	37.05	26.22	28.03
Short-Term Debt	-	0.43	-	21
Current Portion of Long-Term Debt	18.01	17.81	18.82	2.35
Current Portion of Leases	9.27	9.4	7.07	6.58
Other Current Liabilities	109.7	84.54	25.74	35.33
Total Current Liabilities	171.46	169.21	93.53	107.99
Long-Term Debt	91.52	96.13	117.58	136.52
Long-Term Leases	46.62	48.2	46.04	44.95
Long-Term Deferred Tax Liabilities	23.47	24.34	23.49	20.78
Other Long-Term Liabilities	20.58	26.18	53.15	55.05
Total Liabilities	355.11	365.18	335.17	366.23
Additional Paid-In Capital	492.75	488.36	383.63	383.63
Retained Earnings	-293.67	-292.08	-302	-312.93
Comprehensive Income & Other	-36.61	-34.12	22.84	26.04
Shareholders' Equity	162.48	162.17	104.47	96.74
Total Liabilities & Equity	517.59	527.34	439.64	462.97
Total Debt	165.42	171.97	189.51	211.4
Net Cash (Debt)	-85.13	-79.34	-142.02	-161.39
Net Cash Per Share	-36.30	-35.05	-66.87	-79.90
Filing Date Shares Outstanding	2.37	2.37	2.02	2.02
Total Common Shares Outstanding	2.37	2.37	2.02	2.02
Working Capital	55.83	64.77	95.42	128.32
Book Value Per Share	68.59	68.50	51.72	47.89
Tangible Book Value	-46.46	-47.73	-70.66	-55.15
Tangible Book Value Per Share	-19.62	-20.16	-34.98	-27.30
Machinery	-	47.85	44.36	40.81
Leasehold Improvements	-	23.13	22.34	18.89

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