Wave Exponential PCL Balance Sheet

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4.82	17.21	26.34	279.35	6.35
Short-Term Investments	-	-	-	313.35	-
Trading Asset Securities	-	-	-	-	5
Cash & Short-Term Investments	4.82	17.21	26.34	592.7	11.35
Cash Growth	-71.96%	-34.67%	-95.56%	5119.73%	-86.00%
Accounts Receivable	12.13	15.42	2.34	2.81	3.31
Other Receivables	77.23	76.93	70.19	6.06	2.13
Receivables	89.36	92.35	72.53	8.87	5.44
Inventory	100.82	102.42	695.1	1.56	0.43
Prepaid Expenses	26.14	122.92	436.98	221.44	6.2
Other Current Assets	1.03	20.93	16.77	21.26	206.99
Total Current Assets	222.17	355.83	1,248	845.83	230.43
Property, Plant & Equipment	137.14	119.32	99.06	102.1	92.47
Long-Term Investments	0.28	0.48	-	-	308.53
Goodwill	180	180	180	180	180
Other Intangible Assets	11.3	12.93	15.92	36.55	21.37
Long-Term Deferred Tax Assets	-	-	-	0.97	0.97
Other Long-Term Assets	22.26	22.07	85.34	44.51	43.45
Total Assets	573.15	690.63	1,628	1,210	877.23
Accounts Payable	13.99	309.38	16.09	39.61	33.29
Accrued Expenses	27.49	19.17	28.74	42.9	27.29
Short-Term Debt	23.17	-	-	19.05	86.76
Current Portion of Long-Term Debt	-	-	-	-	125.35
Current Portion of Leases	37.14	41.66	25.31	31.46	41.49
Current Income Taxes Payable	1	0.33	0.05	0.03	0.02
Current Unearned Revenue	125.54	142.2	166.01	158.7	96.79
Other Current Liabilities	9.21	6.72	9.12	19.89	233
Total Current Liabilities	237.54	519.47	245.32	311.64	643.98
Long-Term Debt	-	-	-	-	59.42
Long-Term Leases	83.72	60.21	21.55	27.2	26.64
Long-Term Unearned Revenue	2.44	3.05	4.77	1.12	1.33
Pension & Post-Retirement Benefits	-	-	5.37	2.33	15.58
Long-Term Deferred Tax Liabilities	-	0.19	0.52	-	-
Other Long-Term Liabilities	16.58	568.22	318.43	-	-
Total Liabilities	340.28	1,151	595.96	342.29	746.96
Common Stock	5,731	5,728	4,606	4,319	785.26
Additional Paid-In Capital	-	-	-	-	353.62
Retained Earnings	-1,107	-1,632	-311.12	-303.95	-998.28
Comprehensive Income & Other	-4,147	-4,145	-3,337	-3,147	-10.33
Total Common Equity	477.41	-48.81	957.65	867.68	130.27
Minority Interest	-244.54	-411.71	74.44	-	-
Shareholders' Equity	232.88	-460.51	1,032	867.68	130.27
Total Liabilities & Equity	573.15	690.63	1,628	1,210	877.23
Total Debt	144.03	101.87	46.86	77.71	339.66
Net Cash (Debt)	-139.2	-84.67	-20.52	514.99	-328.31
Net Cash Per Share	-0.01	-0.01	-0.00	0.22	-0.42
Filing Date Shares Outstanding	11,463	11,456	9,213	8,638	785.26
Total Common Shares Outstanding	11,463	11,456	9,213	8,638	785.26
Working Capital	-15.36	-163.63	1,002	534.19	-413.55
Book Value Per Share	0.04	-0.00	0.10	0.10	0.17
Tangible Book Value	286.12	-241.74	761.73	651.13	-71.1
Tangible Book Value Per Share	0.02	-0.02	0.08	0.08	-0.09
Buildings	3.36	3.36	-	12.28	-
Machinery	187.4	192.91	205	235.13	257.57
Construction In Progress	-	1.59	-	-	-

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