GFM Services Berhad Balance Sheet

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

Millions MYR. 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	165.15	100.74	45.98	47.48	30.42	27.13
Short-Term Investments	-	1.73	0.71	0.33	32.61	33.72
Cash & Short-Term Investments	165.15	102.47	46.69	47.82	63.03	60.85
Cash Growth	34.37%	119.45%	-2.35%	-24.14%	3.59%	-4.34%
Accounts Receivable	18.67	52.3	51.13	40.64	29.87	28.86
Other Receivables	68.14	9.31	7.43	4.36	6.53	5.58
Receivables	86.81	61.62	58.56	45	36.4	34.45
Inventory	0.2	0.46	0.64	-	-	-
Prepaid Expenses	-	1.27	1.34	2.08	1.35	1.84
Other Current Assets	27.02	83.31	82.3	85.28	49.37	46.75
Total Current Assets	279.18	249.13	189.52	180.18	150.15	143.89
Property, Plant & Equipment	16.44	16.51	15.99	12.23	13.05	13.89
Long-Term Investments	12.06	6.78	6.26	17.67	319.52	327.59
Goodwill	-	39.64	39.64	8.61	8.61	8.61
Other Intangible Assets	49.67	10.94	12.16	13.38	14.59	15.81
Long-Term Deferred Tax Assets	0.22	0.22	0.16	0.02	0.02	0.26
Other Long-Term Assets	287.27	297.95	286.32	298.18	6.17	6.17
Total Assets	644.83	621.17	550.06	530.28	512.12	516.22
Accounts Payable	19.71	16.7	14.81	6.87	7.23	8.01
Accrued Expenses	-	7.79	12.82	8.74	10.88	5.48
Short-Term Debt	-	11.64	6.6	8.1	6.01	2.71
Current Portion of Long-Term Debt	30.99	43.42	24.56	24.07	24.92	25.92
Current Portion of Leases	-	0.97	0.81	0.18	0.21	0.57
Current Income Taxes Payable	2.49	3.91	2.07	0.04	0.13	0.87
Current Unearned Revenue	-	4.95	2.65	10.88	11.43	10.46
Other Current Liabilities	21.88	9.79	13.03	5.31	2.7	3.06
Total Current Liabilities	75.07	99.18	77.35	64.17	63.51	57.09
Long-Term Debt	295.39	255.16	238.08	256.05	278.21	301.22
Long-Term Leases	-	0.96	1.37	0.4	0.41	0.34
Long-Term Deferred Tax Liabilities	52.42	52.35	50.59	46.8	45	43.09
Total Liabilities	422.88	407.65	367.39	367.42	387.14	401.74
Common Stock	118.32	118.32	103.12	103.12	82.54	76.02
Retained Earnings	148.9	140.46	124.81	107.11	89.72	83.2
Comprehensive Income & Other	-45.27	-45.27	-45.27	-47.38	-47.28	-44.74
Shareholders' Equity	221.96	213.52	182.66	162.86	124.98	114.48
Total Liabilities & Equity	644.83	621.17	550.06	530.28	512.12	516.22
Total Debt	326.37	312.15	271.43	288.79	309.76	330.77
Net Cash (Debt)	-161.22	-209.68	-224.73	-240.97	-246.73	-269.92
Net Cash Per Share	-0.14	-0.19	-0.33	-0.42	-0.46	-0.54
Filing Date Shares Outstanding	759.55	759.55	759.46	690.46	550.39	520.88
Total Common Shares Outstanding	759.55	759.53	690.46	690.46	550.38	520.88
Working Capital	204.11	149.94	112.17	116.01	86.64	86.8
Book Value Per Share	0.29	0.28	0.26	0.24	0.23	0.22
Tangible Book Value	172.28	162.93	130.86	140.87	101.78	90.06
Tangible Book Value Per Share	0.23	0.21	0.19	0.20	0.18	0.17
Buildings	-	8.95	8.95	8.95	8.95	8.95
Machinery	-	12.51	10.87	7.27	6.78	4.7
Order Backlog	-	1,190	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.