Frontage Holdings Balance Sheet

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

Millions USD. 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	36.3	44.09	53.19	87.43	144.63
Short-Term Investments	2.85	-	-	-	-
Trading Asset Securities	-	-	1.41	3.09	4.08
Cash & Short-Term Investments	39.14	44.09	54.6	90.52	148.71
Cash Growth	-11.22%	-19.24%	-39.68%	-39.13%	-30.69%
Accounts Receivable	82.66	78.72	70.17	64.03	46.32
Other Receivables	6.28	7.78	8.95	7.71	10.02
Receivables	89.04	86.59	79.14	72.17	56.45
Inventory	2.98	2.88	2.8	3.19	0.95
Prepaid Expenses	6.31	3.79	4.62	5.57	3.63
Other Current Assets	0.7	0.39	0.41	0.4	1.34
Total Current Assets	138.17	137.73	141.56	171.84	211.07
Property, Plant & Equipment	168.58	180.68	183.79	180.2	146.24
Long-Term Investments	12	9.74	10.12	8.73	6.91
Goodwill	187.66	187.01	183.92	149.21	71.45
Other Intangible Assets	23.21	29.98	37.16	33.46	31.69
Long-Term Deferred Tax Assets	10.6	7.45	7.04	6.22	7.65
Other Long-Term Assets	0.82	0.99	8.29	0.94	0.83
Total Assets	541.02	553.59	571.87	550.59	475.84
Accounts Payable	9.36	8.66	12.61	11	11.46
Accrued Expenses	6.4	7.28	16.91	12.45	10.68
Short-Term Debt	0.84	-	-	-	0.01
Current Portion of Long-Term Debt	47.5	51.23	20.13	13.73	-
Current Portion of Leases	8.51	9.9	11.68	10.52	7.29
Current Income Taxes Payable	0.89	0.57	1.13	0.68	4.37
Current Unearned Revenue	27.8	30.34	27.71	34.8	23.63
Other Current Liabilities	2.21	3.57	9.42	14.31	15.55
Total Current Liabilities	103.5	111.54	99.58	97.47	72.99
Long-Term Debt	28.18	44.44	61.31	35.13	-
Long-Term Leases	43.43	48.8	51.98	58.82	50.55
Long-Term Unearned Revenue	1.94	2	2.06	2.12	-
Long-Term Deferred Tax Liabilities	15.94	12.55	11.79	10.86	11.2
Other Long-Term Liabilities	-	-	-	10.35	18.02
Total Liabilities	192.98	219.32	226.72	214.75	152.76
Common Stock	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	-	227.65	229.92	224.51	227.15
Retained Earnings	-	109.87	110.65	99.84	74.11
Treasury Stock	-0.31	-0.31	-4.23	-0	-
Comprehensive Income & Other	347.08	-4.22	6.14	8.71	18.56
Total Common Equity	346.79	333.01	342.5	333.08	319.84
Minority Interest	1.26	1.26	2.64	2.77	3.24
Shareholders' Equity	348.05	334.27	345.15	335.85	323.08
Total Liabilities & Equity	541.02	553.59	571.87	550.59	475.84
Total Debt	128.45	154.37	145.1	118.19	57.85
Net Cash (Debt)	-89.31	-110.27	-90.5	-27.67	90.86
Net Cash Growth	-	-	-	-	-47.76%
Net Cash Per Share	-0.04	-0.05	-0.04	-0.01	0.04
Filing Date Shares Outstanding	2,028	2,024	2,034	2,038	2,051
Total Common Shares Outstanding	2,028	2,024	2,034	2,038	2,051
Working Capital	34.67	26.19	41.98	74.37	138.08
Book Value Per Share	0.17	0.16	0.17	0.16	0.16
Tangible Book Value	135.92	116.01	121.43	150.41	216.7
Tangible Book Value Per Share	0.07	0.06	0.06	0.07	0.11
Land	-	1.97	1.97	1.97	1.83
Buildings	-	6.79	6.79	6.79	3.18
Machinery	-	112.17	106.01	90.73	77.21
Construction In Progress	-	33.19	20.28	19.42	33.76
Leasehold Improvements	-	68.78	67.15	56.74	22.8
Order Backlog	433.7	390.6	342.2	341.8	241.8

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