Kinetix Systems Holdings Balance Sheet

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

Millions HKD. 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	51.21	31.19	30.32	25.19	29.97
Short-Term Investments	0.58	0.12	-	-	-
Cash & Short-Term Investments	51.79	31.3	30.32	25.19	29.97
Cash Growth	65.44%	3.23%	20.37%	-15.93%	-16.28%
Accounts Receivable	163.15	115.77	154.84	136.42	107.87
Other Receivables	1.26	0.81	0.58	1.27	1.07
Receivables	164.41	116.57	155.43	137.68	108.94
Inventory	-	-	3.37	6.75	11.86
Prepaid Expenses	23.97	23.53	0.16	0.16	0.16
Other Current Assets	-	-	-	-	9.27
Total Current Assets	240.17	171.4	189.28	169.78	160.19
Property, Plant & Equipment	11.26	3.93	4.94	21.92	26.59
Other Intangible Assets	-	-	-	-	45.07
Long-Term Accounts Receivable	-	-	-	-	2.39
Other Long-Term Assets	8.19	7.39	7.39	8.15	7.46
Total Assets	259.61	182.73	201.62	199.85	241.7
Accounts Payable	17.52	33.41	56.61	44.61	39.03
Accrued Expenses	64.68	53.48	39.8	35.58	23.03
Short-Term Debt	-	0.26	1.38	2.45	11.72
Current Portion of Leases	4.37	2.15	2.23	8	6.09
Current Income Taxes Payable	-	-	0.02	-	-
Current Unearned Revenue	82.18	12.06	10.65	19.57	7.35
Other Current Liabilities	17.1	15.75	18.33	17.53	9.32
Total Current Liabilities	185.85	117.12	129.01	127.74	96.55
Long-Term Debt	0.05	0.05	-	-	-
Long-Term Leases	6.04	1.06	1.17	12.3	15.49
Long-Term Deferred Tax Liabilities	0.07	0.02	0.05	0.15	0.06
Total Liabilities	192.01	118.25	130.23	140.18	112.1
Common Stock	14.46	14.46	14.46	9.64	9.64
Additional Paid-In Capital	115.95	115.95	115.95	90.87	90.87
Retained Earnings	-55.29	-57.8	-53.1	-39.01	28.05
Comprehensive Income & Other	2.27	2.37	2.43	3.34	3.36
Total Common Equity	77.38	74.98	79.74	64.83	131.92
Minority Interest	-9.78	-10.5	-8.35	-5.16	-2.32
Shareholders' Equity	67.61	64.48	71.39	59.67	129.6
Total Liabilities & Equity	259.61	182.73	201.62	199.85	241.7
Total Debt	10.45	3.52	4.77	22.75	33.3
Net Cash (Debt)	41.34	27.78	25.55	2.45	-3.33
Net Cash Growth	48.79%	8.73%	945.03%	-	-
Net Cash Per Share	0.03	0.02	0.02	0.00	-0.00
Filing Date Shares Outstanding	1,446	1,446	1,446	1,446	963.9
Total Common Shares Outstanding	1,446	1,446	1,446	963.9	963.9
Working Capital	54.32	54.28	60.27	42.04	63.64
Book Value Per Share	0.05	0.05	0.06	0.07	0.14
Tangible Book Value	77.38	74.98	79.74	64.83	86.85
Tangible Book Value Per Share	0.05	0.05	0.06	0.07	0.09
Machinery	9.71	7.9	8.5	7.44	8.6
Leasehold Improvements	6.11	0.26	5.79	5.89	7.58

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