Ultimate Games S.A. (WSE:ULG)

Ultimate Games 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	8	6.5	9.95	10.22	17.62	20.96
Cash & Short-Term Investments	8	6.5	9.95	10.22	17.62	20.96
Cash Growth	23.56%	-34.60%	-2.67%	-42.02%	-15.92%	401.87%
Accounts Receivable	5.05	2.21	1.47	2.15	3.08	3.06
Other Receivables	2.46	2.05	2.47	2.13	1.03	-
Receivables	7.57	4.26	3.94	4.38	4.11	3.06
Inventory	17.13	15.86	10.35	8.85	5.76	3.53
Other Current Assets	0.05	0.15	0.01	0.86	0.2	-
Total Current Assets	32.74	26.77	24.25	24.31	27.69	27.54
Property, Plant & Equipment	0.26	0.27	0.06	0.12	0.11	0.09
Long-Term Investments	0.43	1.88	3.78	11.36	28.49	27.85
Goodwill	-	-	-	-	0.1	-
Other Intangible Assets	0.03	0.04	0.07	0.15	0.17	0.14
Long-Term Deferred Tax Assets	0.26	0.24	0.22	3.24	0.13	-
Total Assets	33.72	29.21	28.37	39.17	56.68	55.62
Accounts Payable	2.16	2.57	1.57	1.49	2.26	0.95
Accrued Expenses	-	0.2	0.19	0.1	-	0.25
Current Income Taxes Payable	0.17	-	-	-	-	0.23
Other Current Liabilities	-	0.11	0.1	0.27	0.26	0.11
Total Current Liabilities	2.33	2.87	1.86	1.87	2.52	1.54
Long-Term Deferred Tax Liabilities	1.16	0.52	0.74	5.45	5.72	5.5
Total Liabilities	3.49	3.39	2.6	7.32	8.24	7.03
Common Stock	0.52	0.52	0.52	0.52	0.52	0.52
Additional Paid-In Capital	2.96	2.96	2.96	2.96	2.96	2.96
Retained Earnings	22.34	18.34	18.51	24.25	40.13	42.51
Comprehensive Income & Other	1.17	1.31	1.34	1.35	1.39	-
Total Common Equity	26.99	23.13	23.34	29.08	44.99	45.99
Minority Interest	3.23	2.68	2.44	2.77	3.45	2.61
Shareholders' Equity	30.22	25.81	25.77	31.85	48.44	48.59
Total Liabilities & Equity	33.72	29.21	28.37	39.17	56.68	55.62
Net Cash (Debt)	8	6.5	9.95	10.22	17.62	20.96
Net Cash Growth	23.56%	-34.60%	-2.67%	-42.02%	-15.92%	401.87%
Net Cash Per Share	1.53	1.24	1.90	1.95	3.37	4.01
Filing Date Shares Outstanding	5.23	5.23	5.23	5.23	5.23	5.23
Total Common Shares Outstanding	5.23	5.23	5.23	5.23	5.23	5.23
Working Capital	30.41	23.9	22.39	22.44	25.17	26
Book Value Per Share	5.16	4.42	4.46	5.56	8.60	8.79
Tangible Book Value	26.97	23.09	23.27	28.93	44.72	45.84
Tangible Book Value Per Share	5.16	4.42	4.45	5.53	8.55	8.77

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