Artist Studio Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	11,262	7,446	48,463	26,858	8,314	23,240
Short-Term Investments	21,000	21,000	-	-	-	-
Cash & Short-Term Investments	32,262	28,446	48,463	26,858	8,314	23,240
Cash Growth	-31.90%	-41.30%	80.45%	223.02%	-64.22%	175.94%
Accounts Receivable	1,908	5,556	290.54	1,436	7,263	4,172
Other Receivables	541.77	398.53	560.34	415.23	271.79	720
Receivables	2,450	5,954	850.89	1,851	9,535	4,892
Inventory	-	-	-	3,088	3,701	4,274
Prepaid Expenses	36.99	48.25	49.67	13.62	19.98	22.64
Other Current Assets	7,002	3,401	1,075	7,931	37,762	30,402
Total Current Assets	41,752	37,850	50,439	39,741	59,333	62,831
Property, Plant & Equipment	697.37	867.51	583.98	887.19	418.5	811.28
Long-Term Investments	7,060	6,930	3,664	2,421	3,809	1,634
Other Intangible Assets	136.6	138.1	144.64	148.23	2,009	575.5
Long-Term Deferred Tax Assets	-	-	-	2,102	1,900	788.02
Other Long-Term Assets	3,999	4,287	2,682	3,810	4,172	5,586
Total Assets	55,400	51,829	59,270	50,859	71,642	72,225
Accrued Expenses	-	543.15	429.2	86.51	185.37	289.14
Short-Term Debt	-	-	-	4,200	10,200	7,985
Current Portion of Long-Term Debt	-	-	1,500	2,500	1,400	3,500
Current Portion of Leases	450.08	498.18	323.4	349.96	252.53	351.23
Current Income Taxes Payable	-	-	-	-	0.67	8.78
Other Current Liabilities	5,483	918.4	699.02	1,056	14,417	13,284
Total Current Liabilities	5,934	1,960	2,952	8,192	26,455	25,418
Long-Term Debt	-	-	1,500	1,500	2,500	1,400
Long-Term Leases	39.67	119	177.61	492.16	95.61	328.01
Pension & Post-Retirement Benefits	-	-	473.05	559.89	502.01	407.24
Other Long-Term Liabilities	65.55	215.04	15.38	14.14	-	26.57
Total Liabilities	6,039	2,294	5,118	10,758	29,553	27,580
Common Stock	4,998	4,998	4,998	3,237	3,211	3,124
Additional Paid-In Capital	87,585	87,585	87,585	60,001	53,530	50,670
Retained Earnings	-43,539	-43,353	-38,807	-23,782	-16,313	-9,976
Comprehensive Income & Other	317.47	305.45	376.9	349.59	1,661	827.91
Total Common Equity	49,361	49,535	54,153	39,805	42,090	44,646
Minority Interest	-	-	-0.69	-0.69	-0.62	-0.62
Shareholders' Equity	49,361	49,535	54,152	40,101	42,089	44,645
Total Liabilities & Equity	55,400	51,829	59,270	50,859	71,642	72,225
Total Debt	489.75	617.19	3,501	9,042	14,448	13,564
Net Cash (Debt)	31,772	27,829	44,962	17,815	-6,134	9,675
Net Cash Growth	-27.71%	-38.11%	152.38%	-	-	80.66%
Net Cash Per Share	3197.84	2783.99	4882.71	2528.50	-980.33	1928.83
Filing Date Shares Outstanding	9.77	10	10	6.47	6.42	6.25
Total Common Shares Outstanding	9.77	10	10	6.47	6.42	6.25
Working Capital	35,818	35,890	47,487	31,549	32,878	37,413
Book Value Per Share	5053.12	4955.46	5417.41	6149.37	6553.91	7145.00
Tangible Book Value	49,225	49,397	54,008	39,657	40,081	44,070
Tangible Book Value Per Share	5039.14	4941.64	5402.94	6126.47	6241.13	7052.90
Machinery	220.52	220.52	197.65	120.03	116.89	151.95