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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	93.87	129.26	76.66	95.41	127.53	43.59
Short-Term Investments	-	49.31	59.81	79.79	-	-
Cash & Short-Term Investments	93.87	178.58	136.47	175.2	127.53	43.59
Cash Growth	-34.13%	30.85%	-22.10%	37.38%	192.58%	-32.38%
Accounts Receivable	686.55	634.38	761.51	485.56	280.26	417.83
Other Receivables	31.11	42.24	20.06	30.75	24.01	31.64
Receivables	717.65	676.62	781.58	516.31	304.28	449.47
Inventory	47.82	54.57	63.24	56.92	54.22	45.39
Other Current Assets	52.8	9.79	14.25	14.65	4.01	7.49
Total Current Assets	912.15	919.56	995.54	763.08	490.03	545.94
Property, Plant & Equipment	43.71	38.12	42.86	46.63	34.97	44.72
Long-Term Investments	-	-	-	-	-	0.23
Other Intangible Assets	0.86	0.86	0.71	0.52	0.69	1.33
Long-Term Accounts Receivable	48.13	59.58	81.82	107.1	157.65	231.21
Long-Term Deferred Tax Assets	3.19	3.28	1.67	1.75	1.75	0.89
Other Long-Term Assets	90.81	90.51	100.64	118.5	119.91	128.79
Total Assets	1,099	1,112	1,223	1,038	805	953.11
Accounts Payable	175.9	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	129.36	129.53	158.38	115.01	270.63	363.19
Current Portion of Long-Term Debt	-	-	-	-	51.99	110.83
Current Portion of Leases	3.8	6.7	6.87	5.46	5.48	5.38
Current Income Taxes Payable	1.72	-	0.11	-	-	-
Current Unearned Revenue	127.09	134.39	191	177.64	22.45	88.43
Other Current Liabilities	33.27	66.46	75.09	68.68	42.33	70.31
Total Current Liabilities	471.12	476.19	592.67	459.49	464.12	750.65
Long-Term Debt	-	-	-	17.53	-	-
Long-Term Leases	21.96	13.05	19.75	23.25	12.69	18.3
Long-Term Deferred Tax Liabilities	-	-	-	0.33	0.01	0.07
Total Liabilities	509.18	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	133.96	153.38	151.94	137.15	85.36	-183.81
Comprehensive Income & Other	-	-	-	2.45	-	-
Total Common Equity	609.37	628.79	627.34	552.79	338.62	187.64
Minority Interest	-19.7	-20.07	-21.24	-20.7	-20.72	-18.82
Shareholders' Equity	589.67	608.71	606.1	532.09	317.9	168.83
Total Liabilities & Equity	1,099	1,112	1,223	1,038	805	953.11
Total Debt	155.11	149.29	185	161.26	340.8	497.69
Net Cash (Debt)	-61.24	29.29	-48.53	13.94	-213.26	-454.1
Net Cash Per Share	-0.10	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	441.03	443.38	402.87	303.59	25.92	-204.71
Book Value Per Share	0.98	1.01	1.01	0.99	0.82	0.74
Tangible Book Value	608.5	627.93	626.63	552.27	337.93	186.31
Tangible Book Value Per Share	0.98	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.