Wave Electronics Balance Sheet

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

Millions KRW. 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	28,165	11,956	10,554	30,977	51,853
Short-Term Investments	-	33.47	1,900	-	690.63
Trading Asset Securities	-	1,028	1,027	956.74	-
Cash & Short-Term Investments	28,165	13,017	13,481	31,933	52,543
Cash Growth	116.37%	-3.44%	-57.78%	-39.23%	355.63%
Accounts Receivable	15,268	15,465	13,233	20,439	20,083
Other Receivables	484.45	75.2	63.87	209.23	111.35
Receivables	16,523	15,861	13,632	20,733	20,414
Inventory	31,210	35,644	29,752	17,951	6,559
Prepaid Expenses	485	721.09	114.59	168.76	76
Other Current Assets	3,360	3,883	4,256	3,052	1,606
Total Current Assets	79,743	69,126	61,236	73,839	81,200
Property, Plant & Equipment	7,728	5,752	5,944	6,061	1,253
Long-Term Investments	6,508	5,396	11,094	11,846	10,933
Goodwill	219.51	219.51	219.51	219.51	-
Other Intangible Assets	3,459	2,211	1,938	1,689	1,259
Long-Term Accounts Receivable	-	-	-0	-	-
Long-Term Deferred Tax Assets	712.81	629.51	280.42	174.74	-
Long-Term Deferred Charges	523.28	-	523.28	523.28	-
Other Long-Term Assets	3,746	2,677	2,574	1,326	3,301
Total Assets	102,940	86,911	83,809	95,929	98,196
Accounts Payable	4,339	6,975	6,285	9,643	4,274
Accrued Expenses	1,200	1,602	1,665	1,428	997.87
Short-Term Debt	4,800	1,717	4,525	3,640	3,234
Current Portion of Long-Term Debt	-	225.66	427.56	1,325	996.2
Current Portion of Leases	1,371	1,292	1,146	1,043	341.8
Current Income Taxes Payable	156.26	100.55	2.61	123.26	199.18
Other Current Liabilities	26,900	19,888	8,598	6,550	8,925
Total Current Liabilities	38,766	31,800	22,649	23,753	18,969
Long-Term Debt	6,203	-	16.66	124.93	351.26
Long-Term Leases	1,434	377.98	870.6	1,052	114.1
Pension & Post-Retirement Benefits	3,288	3,770	2,718	2,158	1,424
Other Long-Term Liabilities	165.07	176.84	162.84	150.87	0
Total Liabilities	49,855	36,124	26,417	27,239	20,858
Common Stock	7,486	7,486	7,486	7,486	7,486
Additional Paid-In Capital	32,398	31,650	31,650	51,650	84,013
Retained Earnings	18,359	19,836	26,494	6,144	-15,896
Treasury Stock	-9,088	-12,466	-12,466	-622.56	-1,122
Comprehensive Income & Other	5,070	5,069	4,934	4,681	4,201
Total Common Equity	54,224	51,575	58,098	69,337	78,682
Minority Interest	-1,139	-788.91	-705.99	-647.94	-1,343
Shareholders' Equity	53,085	50,786	57,392	68,689	77,339
Total Liabilities & Equity	102,940	86,911	83,809	95,929	98,196
Total Debt	13,808	3,613	6,986	7,186	5,038
Net Cash (Debt)	14,357	9,404	6,495	24,747	47,506
Net Cash Growth	52.66%	44.80%	-73.76%	-47.91%	-
Net Cash Per Share	1128.53	737.44	467.68	1672.11	3231.60
Filing Date Shares Outstanding	12.6	12.76	12.76	14.82	14.82
Total Common Shares Outstanding	12.6	12.76	12.76	14.82	14.8
Working Capital	40,977	37,326	38,586	50,086	62,231
Book Value Per Share	4302.53	4041.65	4552.79	4678.34	5317.02
Tangible Book Value	50,545	49,145	55,940	67,429	77,422
Tangible Book Value Per Share	4010.61	3851.18	4383.72	4549.59	5231.93
Land	1,376	1,376	1,376	1,376	10.74
Buildings	966.27	966.27	966.27	966.27	324.9
Machinery	9,181	7,996	8,564	8,339	7,185

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.