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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	48.92	129.26	76.66	95.41	127.53	43.59
Short-Term Investments	-	49.31	59.81	79.79	-	-
Cash & Short-Term Investments	48.92	178.58	136.47	175.2	127.53	43.59
Cash Growth	-72.53%	30.85%	-22.10%	37.38%	192.58%	-32.38%
Accounts Receivable	714.87	634.38	761.51	485.56	280.26	417.83
Other Receivables	21.83	42.24	20.06	30.75	24.01	31.64
Receivables	736.7	676.62	781.58	516.31	304.28	449.47
Inventory	32.86	54.57	63.24	56.92	54.22	45.39
Other Current Assets	8.12	9.79	14.25	14.65	4.01	7.49
Total Current Assets	826.6	919.56	995.54	763.08	490.03	545.94
Property, Plant & Equipment	50.75	38.12	42.86	46.63	34.97	44.72
Long-Term Investments	-	-	-	-	-	0.23
Other Intangible Assets	1.19	0.86	0.71	0.52	0.69	1.33
Long-Term Accounts Receivable	42.33	59.58	81.82	107.1	157.65	231.21
Long-Term Deferred Tax Assets	3.31	3.28	1.67	1.75	1.75	0.89
Other Long-Term Assets	90.85	90.51	100.64	118.5	119.91	128.79
Total Assets	1,015	1,112	1,223	1,038	805	953.11
Accounts Payable	214.97	136.59	157.37	87.86	70.99	111.86
Accrued Expenses	-	2.52	3.87	4.84	0.25	0.66
Short-Term Debt	55.61	129.53	158.38	115.01	270.63	363.19
Current Portion of Long-Term Debt	-	-	-	-	51.99	110.83
Current Portion of Leases	7.02	6.7	6.87	5.46	5.48	5.38
Current Income Taxes Payable	3.01	-	0.11	-	-	-
Current Unearned Revenue	216.5	134.39	191	177.64	22.45	88.43
Other Current Liabilities	33.09	66.46	75.09	68.68	42.33	70.31
Total Current Liabilities	530.2	476.19	592.67	459.49	464.12	750.65
Long-Term Debt	-	-	-	17.53	-	-
Long-Term Leases	23.18	13.05	19.75	23.25	12.69	18.3
Pension & Post-Retirement Benefits	15.83	13.96	4.72	4.88	10.28	15.27
Long-Term Deferred Tax Liabilities	-	-	-	0.33	0.01	0.07
Total Liabilities	569.21	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	-42.6	153.38	151.94	137.15	85.36	-183.81
Comprehensive Income & Other	-	-	-	2.45	-	-
Total Common Equity	432.81	628.79	627.34	552.79	338.62	187.64
Minority Interest	13.01	-20.07	-21.24	-20.7	-20.72	-18.82
Shareholders' Equity	445.81	608.71	606.1	532.09	317.9	168.83
Total Liabilities & Equity	1,015	1,112	1,223	1,038	805	953.11
Total Debt	85.81	149.29	185	161.26	340.8	497.69
Net Cash (Debt)	-36.89	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	296.4	443.38	402.87	303.59	25.92	-204.71
Book Value Per Share	0.69	1.01	1.01	0.99	0.82	0.74
Tangible Book Value	431.62	627.93	626.63	552.27	337.93	186.31
Tangible Book Value Per Share	0.69	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.