← Turbo Energy, S.A.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current Assets — $14.6m $13.1m $8.6m $19.8m
Cash and cash equivalent — — — $2.4m $493k
Accounts receivable and other receivables — $3.1m $2.2m $2.9m $1.7m
Inventories — $10.1m $5.6m $2.0m $3.4m
Prepaid expense — $736k $1.0m $1.0m $3.6m
Accounts Receivable — $3.4m $2.5m $3.4m $1.9m
Cash And Cash Equivalents — $503k $621k $2.4m $493k
Cash Cash Equivalents And Short Term Investments — $503k $2.7m $2.4m $528k
Other Receivables — $42k $88k $39k $35k
Other Short Term Investments — $0 $2.0m $52k $35k
Prepaid Assets — $736k $1.0m $1.0m $3.6m
Receivables Adjustments Allowances — ($334k) ($418k) ($516k) ($175k)
Taxes Receivable — $0 $46k $41k $11k
Total Current Assets — $14.6m $13.1m $8.6m $19.8m
Property and equipment, net — $150k $159k $274k $215k
Intangible Assets Other Than Goodwill — $369k $836k $1.7m —
Intangible assets, net — $369k $836k $1.7m $2.1m
Goodwill And Other Intangible Assets — $369k $836k $1.7m $2.1m
Other Intangible Assets — $369k $836k $1.7m $2.1m
Right-of-use assets — $94k $55k $35k $21k
Additional Financial Items
Current Value Added Tax Payables — $37k $69k $56k —
Deferred Tax Assets — — $1.1m $2.0m $2.3m
Issued Capital — $2.5m $2.8m $2.8m —
Trade And Other Current Payables — $2.4m $1.8m $2.0m —
Trade And Other Current Receivables — $3.1m $2.2m $2.9m —
Amount due from related parties — $140k $1.6m $246k $10.4m
Investments — — $2.0m $52k $35k
Amount due to related parties — $237k $3.8m $1.8m $2.9m
Lease liabilities - current portion — $56k $38k $32k $12k
Bank loans - current portion — $8.0m $3.9m $4.4m $4.5m
Lease liabilities — $39k $18k $4k $10k
Share Capital — $2.5m $2.8m $2.8m $2.8m
Reserve — $383k $1.4m $1.4m $1.4m
Accumulated Depreciation — ($16k) ($35k) ($47k) ($72k)
Capital Lease Obligations — $95k $56k $36k $22k
Cash Financial — $503k $621k $2.4m $493k
Current Accrued Expenses — — $0 $15k $356k
Current Capital Lease Obligation — $56k $38k $32k $12k
Current Debt — $8.0m $3.9m $4.5m $4.8m
Current Debt And Capital Lease Obligation — $8.1m $3.9m $4.5m $4.8m
Current Deferred Liabilities — $157k $70k $773k $121k
Duefrom Related Parties Current — $140k $1.6m $246k $10.4m
Dueto Related Parties Current — $237k $3.8m $1.8m $2.9m
Finished Goods — $10.1m $5.6m $2.0m $3.4m
Gross PPE — $260k $249k $356k $309k
Interest Payable — — $0 $15k $356k
Invested Capital — $12.3m $9.2m $7.9m $8.4m
Long Term Capital Lease Obligation — $39k $18k $4k $10k
Machinery Furniture Equipment — $67k $77k $88k $49k
Net Debt — $7.8m $3.4m $2.9m $6.3m
Net PPE — $245k $214k $309k $236k
Net Tangible Assets — $3.5m $4.4m $911k ($503k)
Non Current Deferred Assets — $0 $1.1m $2.0m $2.3m
Non Current Deferred Liabilities — $0 $33k $33k $31k
Non Current Deferred Taxes Assets — $0 $1.1m $2.0m $2.3m
Ordinary Shares Number — $55.1m $55.1m $55.1m $55.1m
Other Current Borrowings — $8.0m $3.9m $4.5m $4.8m
Other Payable — — — $13k $136k
Other Properties — $193k $172k $268k $260k
Share Issued — $55.1m $55.1m $55.1m $55.1m
Tangible Book Value — $3.5m $4.4m $911k ($503k)
Working Capital — $3.7m $3.3m ($630k) ($910k)
Total Shareholders’ Equity — $3.9m $5.3m $2.6m $1.6m
Total Capitalization — $4.2m $5.4m $3.4m $3.7m
Total Debt — $8.4m $4.0m $5.3m $6.8m
Total Non Current Assets — $614k $2.1m $4.1m $4.6m
Total Tax Payable — $83k $126k $100k $177k
Total Assets — $15.2m $15.2m $12.6m $24.4m
LIABILITIES AND EQUITY
Current Liabilities — $11.0m $9.8m $9.2m $20.7m
Accounts payable and accrued liabilities — $2.7m $2.0m $2.9m $12.6m
Accrued interest payable — — — $15k $356k
Debt bond - current portion — — — $91k $253k
Debt bond - noncurrent portion — — — $774k $2.1m
Accounts Payable — $2.4m $1.8m $2.0m $12.2m
Current Deferred Revenue — $157k $70k $773k $121k
Payables And Accrued Expenses — $2.7m $5.8m $3.9m $15.8m
Total Current Liabilities — $11.0m $9.8m $9.2m $20.7m
Deferred Tax Liabilities — — $33k $33k $31k
Long Term Debt — $324k $94k $774k $2.1m
Long Term Debt And Capital Lease Obligation — $363k $113k $778k $2.1m
Non Current Deferred Taxes Liabilities — $0 $33k $33k $31k
Total Liabilities — $11.3m $10.0m $10.0m $22.8m
Additional paid in capital — $0 $3.1m $3.8m $3.9m
Accumulated Deficit — $1.0m ($2.0m) ($5.4m) ($6.5m)
Capital Stock — $2.5m $2.8m $2.8m $2.8m
Common Stock Equity — $3.9m $5.3m $2.6m $1.6m
Gains Losses Not Affecting Retained Earnings — $383k $1.4m $1.4m $1.4m
Retained Earnings — $1.0m ($2.0m) ($5.4m) ($6.5m)
Total Equity Gross Minority Interest — $3.9m $5.3m $2.6m $1.6m
Total Non Current Liabilities Net Minority Interest — $363k $146k $812k $2.1m
Total Liabilities and Shareholders’ Equity — $15.2m $15.2m $12.6m $24.4m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.