← Teads Holding Co.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | $93.6m | $455.4m | $105.6m | $70.9m | $89.1m | $128.2m | |
| Prepaid Expense and Other Assets, Current | $18.3m | $27.9m | $46.8m | $47.2m | $27.8m | $49.3m | |
| Short-term Investments | — | — | $166.9m | $94.3m | $77.0m | $10.5m | |
| Cash and cash equivalents | $93.6m | $455.4m | $105.6m | $70.9m | $89.1m | $128.2m | |
| Short-term investments in marketable securities | — | $0 | $166.9m | $94.3m | $77.0m | $10.5m | |
| Accounts receivable, net of allowances | $165.4m | $192.8m | $181.3m | $189.3m | $149.2m | $342.4m | |
| Prepaid expenses and other current assets | $18.3m | $27.9m | $46.8m | $47.2m | $27.8m | $49.3m | |
| Accounts Receivable | — | — | $181.3m | $189.3m | $149.2m | $342.4m | |
| Allowance For Doubtful Accounts Receivable | — | — | ($5.5m) | ($10.4m) | ($5.9m) | ($16.4m) | |
| Cash Cash Equivalents And Short Term Investments | — | — | $272.5m | $165.2m | $166.1m | $138.7m | |
| Gross Accounts Receivable | — | — | $186.8m | $199.7m | $155.1m | $358.7m | |
| Other Current Assets | — | — | $5.9m | $7.2m | $5.0m | $7.1m | |
| Other Short Term Investments | — | — | $166.9m | $94.3m | $77.0m | $10.5m | |
| Prepaid Assets | — | — | $40.9m | $40.0m | $22.9m | $42.3m | |
| Assets, Current | $277.4m | $676.1m | $500.5m | $401.8m | $343.1m | $530.4m | |
| Total current assets | $277.4m | $676.1m | $500.5m | $401.8m | $343.1m | $530.4m | |
| Property, Plant and Equipment, Net | $24.8m | $28.0m | $39.9m | $42.5m | $45.2m | $51.0m | |
| Goodwill | $32.9m | $32.9m | $63.1m | $63.1m | $63.1m | $281.0m | |
| Intangible assets, net | $9.8m | $5.7m | $24.6m | $20.4m | $16.9m | $376.6m | |
| Goodwill And Other Intangible Assets | — | — | $87.6m | $83.5m | $80.0m | $657.6m | |
| Other Intangible Assets | — | — | $24.6m | $20.4m | $16.9m | $376.6m | |
| Operating Lease, Right-of-Use Asset | — | — | $11.1m | $12.1m | $15.0m | $28.8m | |
| Other Assets, Noncurrent | $8.8m | $20.3m | $27.6m | $20.7m | $25.0m | $21.9m | |
| Operating lease right-of-use assets, net | — | $0 | $11.1m | $12.1m | $15.0m | $28.8m | |
| Other assets | $8.8m | $20.3m | $27.6m | $20.7m | $25.0m | $21.9m | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $165.4m | $192.8m | $181.3m | $189.3m | $149.2m | $342.4m | |
| Deferred tax assets | $2.8m | $32.9m | $35.7m | $38.4m | $40.8m | $10.5m | |
| Indemnification asset | — | — | — | — | $0 | $27.8m | |
| Deferred revenue | $5.5m | $4.8m | $6.7m | $8.5m | $6.9m | $14.9m | |
| Accrued and other current liabilities | $109.7m | $99.6m | $126.1m | $119.7m | $113.6m | $152.7m | |
| Operating lease liabilities, non-current | — | $0 | $8.4m | $9.2m | $11.8m | $21.7m | |
| Contingent tax liabilities | — | — | — | — | $9.3m | $35.1m | |
| Other liabilities | $17.1m | $14.6m | $18.8m | $16.7m | $16.6m | $13.5m | |
| Accumulated Depreciation | — | — | ($94.5m) | ($105.1m) | ($118.5m) | ($133.1m) | |
| Available For Sale Securities | — | — | $78.8m | $65.8m | — | — | |
| Capital Lease Obligations | — | — | $11.7m | $12.9m | $15.8m | $30.8m | |
| Current Accrued Expenses | — | — | $94.8m | $91.5m | $36.7m | $101.3m | |
| Current Capital Lease Obligation | — | — | $3.2m | $3.7m | $4.0m | $9.1m | |
| Current Debt And Capital Lease Obligation | — | — | $3.2m | $3.7m | $4.0m | $26.7m | |
| Current Deferred Liabilities | — | — | $6.7m | $8.5m | $6.9m | $14.9m | |
| Gross PPE | — | — | $145.4m | $159.7m | $178.8m | $212.9m | |
| Interest Payable | — | — | $3.1m | $1.6m | $58k | $23.7m | |
| Invested Capital | — | — | $453.8m | $341.1m | $231.3m | $718.1m | |
| Investmentin Financial Assets | — | $0 | $78.8m | $65.8m | $0 | — | |
| Investments And Advances | — | $0 | $78.8m | $65.8m | $0 | — | |
| Leases | — | — | $2.9m | $3.3m | $3.0m | $4.4m | |
| Long Term Capital Lease Obligation | — | — | $8.4m | $9.2m | $11.8m | $21.7m | |
| Machinery Furniture Equipment | — | — | $131.5m | $144.2m | $160.7m | $179.8m | |
| Net Debt | — | — | $130.4m | $47.1m | — | $494.5m | |
| Net PPE | — | — | $51.0m | $54.6m | $60.3m | $79.8m | |
| Net Tangible Assets | — | — | $130.1m | $139.6m | $151.4m | ($562.1m) | |
| Non Current Deferred Assets | — | — | $35.7m | $38.4m | $40.8m | $10.5m | |
| Non Current Deferred Liabilities | — | — | — | — | $1.6m | $73.1m | |
| Non Current Deferred Taxes Assets | — | — | $35.7m | $38.4m | $40.8m | $10.5m | |
| Ordinary Shares Number | — | — | $52.2m | $49.7m | $50.1m | $96.0m | |
| Other Current Liabilities | — | — | $13.0m | $8.9m | $6.4m | $16.0m | |
| Other Equity Adjustments | — | — | ($9.9m) | ($9.1m) | ($9.5m) | $96.7m | |
| Other Non Current Assets | — | — | $27.6m | $20.7m | $25.0m | $49.7m | |
| Other Non Current Liabilities | — | — | $18.8m | $16.7m | $5.7m | $13.5m | |
| Other Properties | — | — | $11.1m | $12.1m | $15.0m | $28.8m | |
| Properties | — | — | $0 | $0 | $0 | $0 | |
| Share Issued | — | — | $60.2m | $61.6m | $63.5m | $96.2m | |
| Tangible Book Value | — | — | $130.1m | $139.6m | $151.4m | ($562.1m) | |
| Tradeand Other Payables Non Current | — | — | — | — | $9.3m | $35.1m | |
| Treasury Shares Number | — | — | $7.9m | $11.8m | $13.4m | $191k | |
| Working Capital | — | — | $200.4m | $104.2m | $53.7m | $46.3m | |
| TOTAL STOCKHOLDERS’ EQUITY | ($79.8m) | $256.8m | $217.8m | $223.1m | $231.3m | $95.4m | |
| Total Capitalization | — | — | $453.8m | $341.1m | $231.3m | $700.5m | |
| Total Debt | — | — | $247.7m | $130.9m | $15.8m | $653.5m | |
| Total Non Current Assets | — | — | $280.6m | $262.9m | $206.1m | $797.6m | |
| Total Tax Payable | — | — | $15.0m | $15.6m | $9.0m | $26.3m | |
| Assets | $356.5m | $795.9m | $781.1m | $664.6m | $549.2m | $1.3b | |
| TOTAL ASSETS | $356.5m | $795.9m | $781.1m | $664.6m | $549.2m | $1.3b | |
| LIABILITIES AND EQUITY | |||||||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $356.5m | $795.9m | $781.1m | $664.6m | $549.2m | $1.3b | |
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | — | — | $3.2m | $3.7m | $4.0m | $9.1m | |
| Accounts Payable, Current | $118.5m | $160.8m | $147.7m | $150.8m | $149.5m | $258.6m | |
| Operating Lease, Liability, Noncurrent | — | — | $8.4m | $9.2m | $11.8m | $21.7m | |
| Accrued compensation and benefits | $23.0m | $23.3m | $19.7m | $18.6m | $19.4m | $40.2m | |
| Short-term debt | — | — | — | — | $0 | $17.6m | |
| Payables And Accrued Expenses | — | — | $257.5m | $257.9m | $252.7m | $386.3m | |
| Liabilities, Current | $256.8m | $288.5m | $300.1m | $297.6m | $289.5m | $484.1m | |
| Total current liabilities | $256.8m | $288.5m | $300.1m | $297.6m | $289.5m | $484.1m | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | $73.1m | |
| Other Liabilities, Noncurrent | $17.1m | $14.6m | $18.8m | $16.7m | $16.6m | $13.5m | |
| Long Term Debt | $0 | $236.0m | $236.0m | $118.0m | $0 | $605.1m | |
| Deferred tax liabilities | — | — | — | — | $1.6m | $73.1m | |
| Long Term Debt And Capital Lease Obligation | — | — | $244.4m | $127.2m | $11.8m | $626.8m | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | $1.6m | $73.1m | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | $19.7m | $18.6m | $19.4m | $40.2m | |
| Deferred Tax Liabilities, Net | $622k | — | — | — | — | $62.6m | |
| Liabilities | $273.9m | $539.1m | $563.4m | $441.6m | $317.9m | $1.2b | |
| TOTAL LIABILITIES | $273.9m | $539.1m | $563.4m | $441.6m | $317.9m | $1.2b | |
| Stockholders’ equity: | |||||||
| Preferred Stock, Value, Issued | — | — | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $17k | $58k | $60k | $62k | $64k | $96k | |
| Additional Paid in Capital | $95.1m | $434.9m | $455.8m | $468.5m | $484.5m | $685.8m | |
| Retained Earnings (Accumulated Deficit) | ($168.2m) | ($157.2m) | ($179.0m) | ($168.8m) | ($169.5m) | ($686.6m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($4.3m) | ($4.5m) | ($9.9m) | ($9.1m) | ($9.5m) | $96.7m | |
| Common stock, par value of $0.001 per share − one billion shares authorized; 96,171,331 shares issued and 95,980,437 shares outstanding as of December 31, 2025; 63,503,274 shares issued and 50,090,114 shares outstanding as of December 31, 2024 | — | — | 0 | 0 | 0 | 0 | |
| Treasury stock, at cost − 190,894 shares as of December 31, 2025 and 13,413,160 shares as of December 31, 2024 | ($2.4m) | ($16.5m) | ($49.2m) | ($67.7m) | ($74.3m) | ($533k) | |
| Accumulated other comprehensive income (loss) | ($4.3m) | ($4.5m) | ($9.9m) | ($9.1m) | ($9.5m) | $96.7m | |
| Accumulated deficit | ($168.2m) | ($157.2m) | ($179.0m) | ($168.8m) | ($169.5m) | ($686.6m) | |
| Capital Stock | — | — | $60k | $62k | $64k | $96k | |
| Gains Losses Not Affecting Retained Earnings | — | — | ($9.9m) | ($9.1m) | ($9.5m) | $96.7m | |
| Preferred Stock | — | — | $0 | $0 | $0 | $0 | |
| Treasury Stock | — | — | $49.2m | $67.7m | $74.3m | $533k | |
| Stockholders' Equity Attributable to Parent | ($79.8m) | $256.8m | $217.8m | $223.1m | $231.3m | $95.4m | |
| Total Equity Gross Minority Interest | — | — | $217.8m | $223.1m | $231.3m | $95.4m | |
| Total Non Current Liabilities Net Minority Interest | — | — | $263.3m | $144.0m | $28.4m | $748.5m | |
| Liabilities and Equity | $356.5m | $795.9m | $781.1m | $664.6m | $549.2m | $1.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.