BlockFin Holdings Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	86.51	101.74	112.44	124.14	147.44	151.94
Short-Term Investments	-	-	-	-	6.07	-
Trading Asset Securities	3.9	18.73	23.85	30.37	73.02	6.33
Cash & Short-Term Investments	90.41	120.47	136.29	154.51	226.53	158.27
Cash Growth	-30.60%	-11.60%	-11.79%	-31.80%	43.13%	74.88%
Accounts Receivable	7.43	13.71	16.01	20.15	44.41	77.59
Other Receivables	0.31	-	-	-	0.51	0.21
Receivables	21.84	20.87	32.17	44.79	64.29	164.51
Prepaid Expenses	5.41	8.61	6.82	3.52	1.32	5.15
Other Current Assets	0.8	0.8	0.8	0.8	1.25	33.18
Total Current Assets	118.46	150.76	176.08	203.62	293.4	361.12
Property, Plant & Equipment	0.79	2.51	2.16	1.06	9.2	22.78
Long-Term Investments	-	-	-	-	2	95.04
Goodwill	-	-	-	-	-	78.55
Other Intangible Assets	-	-	-	-	26.58	49.64
Other Long-Term Assets	0.09	0.29	8.4	3.11	-	13.88
Total Assets	119.34	153.56	186.64	207.78	341.95	621.02
Accounts Payable	2.05	3.9	4.77	4.4	6.8	7.34
Accrued Expenses	-	25.29	19.15	11.35	12.27	10.09
Short-Term Debt	90	90	90	90	90	143.55
Current Portion of Leases	0.7	1.37	9.32	8.61	7.77	14.41
Current Income Taxes Payable	-	-	-	0.01	-	5.1
Current Unearned Revenue	0.1	-	-	0.07	0.21	7.14
Other Current Liabilities	23.12	0.79	0.88	2.25	18.9	30.93
Total Current Liabilities	115.97	121.35	124.12	116.7	135.94	218.55
Long-Term Leases	0.09	0.73	3.88	11.81	-	7.77
Long-Term Deferred Tax Liabilities	-	-	-	-	3.65	7.46
Total Liabilities	116.06	122.08	128	128.51	139.59	233.79
Common Stock	142.18	142.18	142.18	142.18	142.18	118.49
Additional Paid-In Capital	820.31	820.31	820.31	820.31	820.31	782.39
Retained Earnings	-953.57	-928.42	-901.25	-881.89	-717.6	-459.52
Comprehensive Income & Other	-5.65	-2.6	-2.6	-1.33	-42.53	-54.13
Total Common Equity	3.28	31.47	58.64	79.28	202.37	387.23
Minority Interest	-	-	-0	-	-	-
Shareholders' Equity	3.28	31.47	58.64	79.28	202.37	387.23
Total Liabilities & Equity	119.34	153.56	186.64	207.78	341.95	621.02
Total Debt	90.8	92.1	103.2	110.42	97.77	165.73
Net Cash (Debt)	-0.38	28.37	33.09	44.08	128.76	-7.46
Net Cash Growth	-	-14.25%	-24.94%	-65.76%	-	-
Net Cash Per Share	-0.00	0.02	0.02	0.03	0.10	-0.01
Filing Date Shares Outstanding	1,422	1,422	1,422	1,422	1,422	1,185
Total Common Shares Outstanding	1,422	1,422	1,422	1,422	1,422	1,185
Working Capital	2.49	29.41	51.96	86.92	157.46	142.56
Book Value Per Share	0.00	0.02	0.04	0.06	0.14	0.33
Tangible Book Value	3.28	31.47	58.64	79.28	175.79	259.04
Tangible Book Value Per Share	0.00	0.02	0.04	0.06	0.12	0.22
Machinery	-	4.87	4.86	4.36	4.45	40.62
Leasehold Improvements	-	6.56	6.56	6.56	6.56	17.24

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