N2N Connect Berhad (KLSE:N2N)

N2N Connect Berhad Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	63.91	77.86	75.93	93.39	90.25	63.88
Short-Term Investments	49.84	52.44	76.83	63.62	61.32	66.34
Trading Asset Securities	-	-	-	0.11	0.15	0.17
Cash & Short-Term Investments	113.74	130.3	152.77	157.11	151.71	130.39
Cash Growth	-20.09%	-14.71%	-2.77%	3.56%	16.35%	-3.52%
Accounts Receivable	11.46	9.17	10.31	13.1	11.11	18.3
Other Receivables	3.44	3.28	8.41	8.78	8.36	8.52
Receivables	14.9	12.45	18.72	21.89	19.47	26.82
Prepaid Expenses	6.48	6.66	4.69	7.4	3.6	2.75
Other Current Assets	3.54	-	-	-	-	-
Total Current Assets	138.66	149.4	176.17	186.4	174.78	159.96
Property, Plant & Equipment	33.85	33.32	36.17	33.37	32.03	33.76
Long-Term Investments	43.39	36.92	11.7	13.05	10.83	6.66
Goodwill	-	29.29	32.36	60.56	58.08	55.11
Other Intangible Assets	48.75	17.76	12.35	21.49	22.77	24.48
Long-Term Deferred Tax Assets	0.08	0.08	-	-	-	-
Other Long-Term Assets	7.75	7.86	8.79	9.03	9.26	9.49
Total Assets	272.48	274.64	277.54	323.91	307.74	289.47

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2.84	5.02	2.64	4.19	3.3	3.93
Accrued Expenses	5.85	7.37	4.76	4.3	5.19	3.27
Current Portion of Long-Term Debt	-	-	-	-	-	2.31
Current Portion of Leases	1.02	0.63	2.02	1.55	0.7	1.29
Current Income Taxes Payable	0.12	0.35	0.42	0.47	1.03	0.49
Current Unearned Revenue	4.32	4.07	6.72	-	-	-
Other Current Liabilities	3.22	3.98	3.72	11.58	10.66	9.26
Total Current Liabilities	17.38	21.42	20.28	22.1	20.89	20.55
Long-Term Leases	2.11	0.13	0.19	2.24	-	0.66
Pension & Post-Retirement Benefits	1.89	1.79	1.72	1.36	1.56	2.25
Long-Term Deferred Tax Liabilities	5.41	5.56	4.46	5.48	1.6	0.65
Total Liabilities	26.78	28.9	26.65	31.18	24.05	24.11

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	243.67	243.67	243.67	243.67	243.67	260.99
Retained Earnings	11.08	10.22	8.17	45.25	41.92	48.65
Treasury Stock	-	-	-	-	-	-37.24
Comprehensive Income & Other	-7.39	-6.6	0.42	4.85	-0.85	-4.85
Total Common Equity	247.36	247.29	252.26	293.76	284.73	267.55
Minority Interest	-1.66	-1.55	-1.37	-1.03	-1.04	-2.19
Shareholders' Equity	245.7	245.74	250.89	292.73	283.69	265.36
Total Liabilities & Equity	272.48	274.64	277.54	323.91	307.74	289.47

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3.14	0.75	2.21	3.8	0.7	4.26
Net Cash (Debt)	110.61	129.54	150.56	153.32	151.01	126.12
Net Cash Growth	-21.54%	-13.96%	-1.80%	1.53%	19.73%	4.37%
Net Cash Per Share	0.20	0.23	0.27	0.27	0.27	0.23
Filing Date Shares Outstanding	558.2	558.2	558.2	558.2	558.2	558.2
Total Common Shares Outstanding	558.2	558.2	558.2	558.2	558.2	558.2
Working Capital	121.28	127.99	155.89	164.3	153.89	139.41
Book Value Per Share	0.44	0.44	0.45	0.53	0.51	0.48
Tangible Book Value	198.61	200.25	207.55	211.71	203.89	187.96
Tangible Book Value Per Share	0.36	0.36	0.37	0.38	0.37	0.34
Land	-	12.37	12.37	12.37	12.37	12.37
Buildings	-	13.97	13.02	13.02	13.02	13.02
Machinery	-	116.88	118.35	112.09	108.07	103.15

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 27, 2026

Data Sources Report a data error