Artist Studio Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	53,030	26,858	8,314	23,240	8,422
Cash & Short-Term Investments	53,030	26,858	8,314	23,240	8,422
Cash Growth	104.40%	223.02%	-64.22%	175.94%	-
Accounts Receivable	4,418	1,436	7,263	4,172	2,162
Other Receivables	435.96	415.23	271.79	720	-
Receivables	4,853	1,851	9,535	4,892	2,162
Inventory	3,193	3,088	3,701	4,274	4,538
Prepaid Expenses	28.39	13.62	19.98	22.64	6.86
Other Current Assets	4,485	7,931	37,762	30,402	4,557
Total Current Assets	65,590	39,741	59,333	62,831	19,686
Property, Plant & Equipment	675.6	887.19	418.5	811.28	170.06
Long-Term Investments	2,117	2,421	3,809	1,634	1,168
Other Intangible Assets	146.31	148.23	2,009	575.5	30.77
Long-Term Deferred Tax Assets	2,102	2,102	1,900	788.02	1,074
Other Long-Term Assets	5,545	3,810	4,172	5,586	5,390
Total Assets	77,925	50,859	71,642	72,225	27,518
Accrued Expenses	73.92	86.51	185.37	289.14	91.02
Short-Term Debt	-	4,200	10,200	7,985	3,000
Current Portion of Long-Term Debt	1,000	2,500	1,400	3,500	-
Current Portion of Leases	324.33	349.96	252.53	351.23	66.51
Current Income Taxes Payable	-	-	0.67	8.78	6.87
Other Current Liabilities	4,396	1,056	14,417	13,284	327.75
Total Current Liabilities	5,794	8,192	26,455	25,418	3,492
Long-Term Debt	3,000	1,500	2,500	1,400	-
Long-Term Leases	257.06	492.16	95.61	328.01	-
Other Long-Term Liabilities	15.06	14.14	-	26.57	-
Total Liabilities	9,932	10,758	29,553	27,580	3,809
Common Stock	4,998	3,533	3,211	3,124	2,494
Additional Paid-In Capital	87,585	60,001	53,530	50,670	33,164
Retained Earnings	-24,966	-23,782	-16,313	-9,976	-12,291
Comprehensive Income & Other	376.91	349.59	1,661	827.91	341.61
Total Common Equity	67,994	40,102	42,090	44,646	23,709
Minority Interest	-0.69	-0.69	-0.62	-0.62	-0.34
Shareholders' Equity	67,993	40,101	42,089	44,645	23,709
Total Liabilities & Equity	77,925	50,859	71,642	72,225	27,518
Total Debt	4,581	9,042	14,448	13,564	3,067
Net Cash (Debt)	48,448	17,815	-6,134	9,675	5,356
Net Cash Growth	164.64%	-	-	80.66%	-
Net Cash Per Share	5818.29	2528.50	-980.33	1928.83	1213.42
Filing Date Shares Outstanding	10	6.47	6.42	6.25	4.41
Total Common Shares Outstanding	10	6.47	6.42	6.25	4.41
Working Capital	59,796	31,549	32,878	37,413	16,194
Book Value Per Share	6802.10	6195.13	6553.91	7145.00	5371.83
Tangible Book Value	67,848	39,953	40,081	44,070	23,678
Tangible Book Value Per Share	6787.46	6172.23	6241.13	7052.90	5364.85
Machinery	197.65	120.03	116.89	151.95	136.06

Source: S&P Capital IQ. Standard template. Financial Sources.