International Research Corporation PCL (BKK:IRCP)

BKK:IRCP Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	106.82	129.26	76.66	95.41	127.53	43.59
Short-Term Investments	46.76	49.31	59.81	79.79	-	-
Cash & Short-Term Investments	153.57	178.58	136.47	175.2	127.53	43.59
Cash Growth	-10.61%	30.85%	-22.10%	37.38%	192.58%	-32.38%
Accounts Receivable	662.8	634.38	761.51	485.56	280.26	417.83
Other Receivables	28.96	42.24	20.06	30.75	24.01	31.64
Receivables	691.76	676.62	781.58	516.31	304.28	449.47
Inventory	60.61	54.57	63.24	56.92	54.22	45.39
Other Current Assets	10.31	9.79	14.25	14.65	4.01	7.49
Total Current Assets	916.24	919.56	995.54	763.08	490.03	545.94
Property, Plant & Equipment	22.02	38.12	42.86	46.63	34.97	44.72
Long-Term Investments	-	-	-	-	-	0.23
Other Intangible Assets	0.85	0.86	0.71	0.52	0.69	1.33
Long-Term Accounts Receivable	53.88	59.58	81.82	107.1	157.65	231.21
Long-Term Deferred Tax Assets	2.88	3.28	1.67	1.75	1.75	0.89
Other Long-Term Assets	91.72	90.51	100.64	118.5	119.91	128.79
Total Assets	1,088	1,112	1,223	1,038	805	953.11
Accounts Payable	196.39	136.59	157.37	87.86	70.99	111.86
Accrued Expenses	0.14	2.52	3.87	4.84	0.25	0.66
Short-Term Debt	111.19	129.53	158.38	115.01	270.63	363.19
Current Portion of Long-Term Debt	-	-	-	-	51.99	110.83
Current Portion of Leases	2.33	6.7	6.87	5.46	5.48	5.38
Current Income Taxes Payable	0.83	-	0.11	-	-	-
Current Unearned Revenue	128.69	134.39	191	177.64	22.45	88.43
Other Current Liabilities	31.28	66.46	75.09	68.68	42.33	70.31
Total Current Liabilities	470.85	476.19	592.67	459.49	464.12	750.65
Long-Term Debt	-	-	-	17.53	-	-
Long-Term Leases	0.24	13.05	19.75	23.25	12.69	18.3
Long-Term Deferred Tax Liabilities	-	-	-	0.33	0.01	0.07
Total Liabilities	486.15	503.2	617.14	505.48	487.11	784.28
Common Stock	311.74	311.74	311.74	278.85	206.65	254.3
Additional Paid-In Capital	163.66	163.66	163.66	134.34	46.61	117.15
Retained Earnings	145.84	153.38	151.94	137.15	85.36	-183.81
Comprehensive Income & Other	-	-	-	2.45	-	-
Total Common Equity	621.24	628.79	627.34	552.79	338.62	187.64
Minority Interest	-19.79	-20.07	-21.24	-20.7	-20.72	-18.82
Shareholders' Equity	601.45	608.71	606.1	532.09	317.9	168.83
Total Liabilities & Equity	1,088	1,112	1,223	1,038	805	953.11
Total Debt	113.76	149.29	185	161.26	340.8	497.69
Net Cash (Debt)	39.82	29.29	-48.53	13.94	-213.26	-454.1
Net Cash Per Share	0.06	0.05	-0.08	0.03	-0.68	-1.79
Filing Date Shares Outstanding	623.48	623.48	623.48	557.7	413.3	254.3
Total Common Shares Outstanding	623.48	623.48	623.48	557.7	413.3	254.3
Working Capital	445.4	443.38	402.87	303.59	25.92	-204.71
Book Value Per Share	1.00	1.01	1.01	0.99	0.82	0.74
Tangible Book Value	620.39	627.93	626.63	552.27	337.93	186.31
Tangible Book Value Per Share	1.00	1.01	1.01	0.99	0.82	0.73
Land	-	1.02	1.02	1.02	1.02	1.02
Buildings	-	13.14	11.28	11.28	11.28	11.43
Machinery	-	68.03	72.47	66.15	82.9	90.64
Construction In Progress	-	3.76	-	-	-	-

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