Wave Exponential PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	14.45	15.93	26.34	279.35	6.35	14.09
Short-Term Investments	-	-	-	313.35	-	-
Trading Asset Securities	-	-	-	-	5	67
Cash & Short-Term Investments	14.45	15.93	26.34	592.7	11.35	81.09
Cash Growth	-74.42%	-39.53%	-95.56%	5119.73%	-86.00%	12.25%
Accounts Receivable	3.08	4.98	2.34	2.81	3.31	4.51
Other Receivables	95.07	88.79	70.19	6.06	2.13	11.72
Receivables	98.15	93.77	72.53	8.87	5.44	16.23
Inventory	472.26	480.45	695.1	1.56	0.43	10.6
Prepaid Expenses	49.16	229.57	436.98	221.44	6.2	10.86
Other Current Assets	2.32	19.85	16.77	21.26	206.99	319.56
Total Current Assets	636.34	839.57	1,248	845.83	230.43	438.34
Property, Plant & Equipment	139.23	119.32	99.06	102.1	92.47	231.74
Long-Term Investments	0.4	0.5	-	-	308.53	283.28
Goodwill	180	180	180	180	180	698.14
Other Intangible Assets	9.8	12.93	15.92	36.55	21.37	155.22
Long-Term Deferred Tax Assets	-	-	-	0.97	0.97	33.83
Other Long-Term Assets	22.36	23.43	85.34	44.51	43.45	88.43
Total Assets	988.14	1,176	1,628	1,210	877.23	1,929
Accounts Payable	19.33	309.37	16.09	39.61	33.29	43.22
Accrued Expenses	27.46	19.43	28.74	42.9	27.29	45.83
Short-Term Debt	22.67	-	-	19.05	86.76	128.01
Current Portion of Long-Term Debt	-	-	-	-	125.35	203.81
Current Portion of Leases	34.95	41.66	25.31	31.46	41.49	114.68
Current Income Taxes Payable	2.88	0.33	0.05	0.03	0.02	0.01
Current Unearned Revenue	142.28	142.05	166.01	158.7	96.79	149.81
Other Current Liabilities	7.07	6.02	9.12	19.89	233	78.32
Total Current Liabilities	256.63	518.86	245.32	311.64	643.98	763.7
Long-Term Debt	-	-	-	-	59.42	241.81
Long-Term Leases	85.24	60.21	21.55	27.2	26.64	54.89
Long-Term Unearned Revenue	3.25	3.05	4.77	1.12	1.33	-
Pension & Post-Retirement Benefits	9.13	7.8	5.37	2.33	15.58	15.83
Long-Term Deferred Tax Liabilities	-	0.19	0.52	-	-	24.36
Other Long-Term Liabilities	7.73	310.61	318.43	-	-	9.24
Total Liabilities	361.99	900.73	595.96	342.29	746.96	1,110
Common Stock	5,728	5,728	4,606	4,319	785.26	785.26
Additional Paid-In Capital	-	-	-	-	353.62	353.62
Retained Earnings	-816.68	-1,086	-311.12	-303.95	-998.28	-304.43
Comprehensive Income & Other	-4,145	-4,146	-3,337	-3,147	-10.33	-15.3
Total Common Equity	766.13	495.49	957.65	867.68	130.27	819.15
Minority Interest	-139.98	-220.47	74.44	-	-	-
Shareholders' Equity	626.15	275.03	1,032	867.68	130.27	819.15
Total Liabilities & Equity	988.14	1,176	1,628	1,210	877.23	1,929
Total Debt	142.85	101.87	46.86	77.71	339.66	743.2
Net Cash (Debt)	-128.4	-85.94	-20.52	514.99	-328.31	-662.11
Net Cash Per Share	-0.01	-0.01	-0.00	0.22	-0.42	-1.25
Filing Date Shares Outstanding	11,456	11,456	9,213	8,638	785.26	785.26
Total Common Shares Outstanding	11,456	11,456	9,213	8,638	785.26	785.26
Working Capital	379.71	320.71	1,002	534.19	-413.55	-325.36
Book Value Per Share	0.07	0.04	0.10	0.10	0.17	1.04
Tangible Book Value	576.33	302.56	761.73	651.13	-71.1	-34.22
Tangible Book Value Per Share	0.05	0.03	0.08	0.08	-0.09	-0.04
Buildings	-	-	-	12.28	-	-
Machinery	-	192.91	205	235.13	257.57	427.71
Construction In Progress	-	1.59	-	-	-	0.64

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