ITMAX System 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	84.82	154.86	212.49	206.87	23.15	12.32
Short-Term Investments	-	20.49	3.15	2.19	2.09	0.68
Cash & Short-Term Investments	84.82	175.35	215.64	209.05	25.24	13
Cash Growth	-40.60%	-18.68%	3.15%	728.32%	94.20%	15.84%
Accounts Receivable	176.95	91.16	48.1	28.42	17.86	14.5
Other Receivables	-	2.9	0.17	0.48	0.08	5.19
Receivables	176.95	94.06	48.26	28.9	20.28	22.74
Inventory	20.5	19.69	17.81	8.42	10.6	11.39
Prepaid Expenses	26.46	11.34	1.46	0.24	0.37	4.81
Other Current Assets	35.19	15.75	12.4	11.35	7.23	4.9
Total Current Assets	343.91	316.18	295.57	257.96	63.71	56.83
Property, Plant & Equipment	202.5	174.96	137.59	129.97	98.25	51.57
Other Intangible Assets	21.12	0.01	0.02	0.03	0.04	0.05
Long-Term Accounts Receivable	0.29	0.02	0.08	0.13	0.19	-
Long-Term Deferred Tax Assets	0.11	0.01	0.33	-	-	-
Long-Term Deferred Charges	0.62	14.58	4.41	3.82	0.93	0.98
Total Assets	569.27	505.76	437.99	391.9	163.12	109.43
Accounts Payable	47.45	41.57	18.15	11.36	24.33	35.19
Accrued Expenses	-	1.54	1.52	2.17	1.19	0.34
Short-Term Debt	-	-	-	-	7.52	-
Current Portion of Long-Term Debt	14.01	20.57	19.3	18.57	12	5.3
Current Portion of Leases	2.57	1.53	1.36	1.62	1.06	0.98
Current Income Taxes Payable	6.71	2.42	2.77	3.76	1.97	-
Current Unearned Revenue	0.28	0.02	0.02	0.02	0.02	0.01
Other Current Liabilities	-	2.26	1.34	2.22	0.59	1.85
Total Current Liabilities	71.01	69.9	44.45	39.72	48.68	43.67
Long-Term Debt	10.77	19.58	36.95	55.84	54.67	31.4
Long-Term Leases	4.55	3.63	3.35	2.16	2.98	3.05
Long-Term Deferred Tax Liabilities	11.04	11.19	9.24	8.35	2.86	0.63
Total Liabilities	97.36	104.29	93.99	106.08	109.2	78.75
Common Stock	265.16	261.49	259.58	258.98	4	4
Retained Earnings	253.83	191.2	137.57	82.51	49.92	26.68
Comprehensive Income & Other	-49.83	-51.51	-53.32	-55.67	-	-
Total Common Equity	469.17	401.18	343.83	285.82	53.92	30.68
Minority Interest	2.74	0.29	0.18	-	-	-
Shareholders' Equity	471.91	401.47	344	285.82	53.92	30.68
Total Liabilities & Equity	569.27	505.76	437.99	391.9	163.12	109.43
Total Debt	31.9	45.31	60.95	78.2	78.24	40.72
Net Cash (Debt)	52.92	130.04	154.68	130.86	-53	-27.72
Net Cash Growth	-42.75%	-15.93%	18.21%	-	-	-
Net Cash Per Share	0.05	0.12	0.15	0.65	-13.25	-7.12
Filing Date Shares Outstanding	1,033	1,032	1,029	1,028	603	3.89
Total Common Shares Outstanding	1,033	1,030	1,029	1,028	603	3.89
Working Capital	272.9	246.28	251.12	218.24	15.03	13.16
Book Value Per Share	0.45	0.39	0.33	0.28	0.09	7.88
Tangible Book Value	448.05	401.17	343.81	285.8	53.88	30.64
Tangible Book Value Per Share	0.43	0.39	0.33	0.28	0.09	7.87
Land	-	4.31	4.31	-	-	-
Machinery	-	170.71	147.6	142.03	78.2	17.45
Construction In Progress	-	38.13	9.24	0.75	23.5	33.13
Order Backlog	-	1,419	-	-	-	-

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