WaveFront Berhad Balance Sheet

Financials in millions MYR. Fiscal year is April - March.

Millions MYR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	255.9	204.44	235.43	255.9	200.67	351.21
Short-Term Investments	-	13.23	4.28	6.21	8.32	8
Cash & Short-Term Investments	255.9	217.67	239.71	262.11	209	359.21
Cash Growth	18.48%	-9.19%	-8.55%	25.41%	-41.82%	-2.43%
Accounts Receivable	88.9	101.9	100.44	164.32	444.81	998
Other Receivables	17.68	61.01	34.87	36.57	44.56	34.29
Receivables	106.58	162.91	135.3	200.89	489.37	1,032
Inventory	46	48.35	50.9	80.05	314.79	458.49
Prepaid Expenses	-	7.59	8.17	10.09	16.89	33.39
Other Current Assets	-	-	92.81	15.5	3.22	0.21
Total Current Assets	408.48	436.52	526.89	568.63	1,033	1,884
Property, Plant & Equipment	49.67	72.2	48.67	207.37	362.35	375.76
Long-Term Investments	1.85	4.69	-	-	-	-
Goodwill	-	-	-	-	76.41	76.41
Long-Term Deferred Tax Assets	-	-	-	0.28	-	-
Other Long-Term Assets	68.05	69.18	24.75	-	-	-
Total Assets	528.05	582.6	600.31	776.28	1,472	2,336
Accounts Payable	88.54	60.37	51.63	82.37	298.54	788.19
Accrued Expenses	-	0.01	0.5	0.65	0.17	2.06
Short-Term Debt	22.37	39.22	19.77	17.92	77.51	402.08
Current Portion of Long-Term Debt	4.67	4.88	4.78	4.73	5.23	4.34
Current Portion of Leases	9.54	17.63	25.22	31.38	36.13	30.17
Current Unearned Revenue	-	0.02	-	0.33	-	0.2
Other Current Liabilities	-	43.88	53.76	60.76	167.41	175.12
Total Current Liabilities	125.12	166	155.67	198.13	584.99	1,402
Long-Term Debt	29.58	33.03	37.88	42.47	47.05	52.36
Long-Term Leases	-	5.63	24.04	51.78	90.11	71.11
Long-Term Deferred Tax Liabilities	3.5	3.67	3.84	-	11.09	19.44
Total Liabilities	158.2	208.33	221.44	292.38	733.25	1,545
Common Stock	1,338	1,338	1,338	1,338	1,338	1,338
Retained Earnings	137.9	142.25	146.63	251.57	506.11	558.52
Treasury Stock	-1.9	-1.9	-1.9	-1.9	-1.9	-1.9
Comprehensive Income & Other	-1,105	-1,105	-1,104	-1,104	-1,104	-1,104
Total Common Equity	369.85	374.26	378.85	483.79	738.58	790.7
Minority Interest	-	-	0.02	0.11	0.2	-
Shareholders' Equity	369.85	374.26	378.87	483.9	738.77	790.7
Total Liabilities & Equity	528.05	582.6	600.31	776.28	1,472	2,336
Total Debt	66.16	100.38	111.7	148.28	256.04	560.06
Net Cash (Debt)	189.74	117.29	128.01	113.83	-47.04	-200.85
Net Cash Growth	45.59%	-8.37%	12.45%	-	-	-
Net Cash Per Share	0.16	0.10	0.11	0.09	-0.04	-0.17
Filing Date Shares Outstanding	1,203	1,203	1,203	1,203	1,203	1,203
Total Common Shares Outstanding	1,203	1,203	1,203	1,203	1,203	1,203
Working Capital	283.36	270.52	371.22	370.5	448.27	481.43
Book Value Per Share	0.31	0.31	0.31	0.40	0.61	0.66
Tangible Book Value	369.85	374.26	378.85	483.79	662.16	714.28
Tangible Book Value Per Share	0.31	0.31	0.31	0.40	0.55	0.59
Land	-	35.45	32.68	126.88	126.88	126.88
Machinery	-	208.46	150.05	273.16	436.1	414.27
Construction In Progress	-	-	-	-	0.69	0.69

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