Global Tax Free Co., Ltd. (KOSDAQ:204620)

Global Tax Free Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	76,273	48,823	58,102	38,962	44,356
Short-Term Investments	-	6,600	8,288	-	-
Trading Asset Securities	11,998	13,198	4,906	19,904	-
Cash & Short-Term Investments	88,271	68,621	71,296	58,866	44,356
Cash Growth	28.63%	-3.75%	21.12%	32.71%	-40.85%
Accounts Receivable	634.61	676.23	3,548	6,967	991.26
Other Receivables	39,891	41,445	15,740	2,216	2,324
Receivables	40,526	44,122	20,788	9,185	3,322
Inventory	1,385	1,438	1,655	1,439	2,089
Prepaid Expenses	121.27	122.35	117.96	143.17	321.08
Other Current Assets	4,751	5,343	3,407	2,181	2,112
Total Current Assets	135,053	119,646	97,265	71,814	52,200
Property, Plant & Equipment	2,616	1,399	1,452	2,910	4,714
Long-Term Investments	20,196	25,164	24,584	25,089	31,067
Goodwill	4,921	7,070	7,647	11,174	9,898
Other Intangible Assets	3,183	3,489	7,293	9,596	7,257
Long-Term Deferred Tax Assets	2,226	2,737	-	15.59	-
Other Long-Term Assets	6,342	7,426	7,118	9,389	1,332
Total Assets	174,537	166,932	145,359	129,987	106,469
Accounts Payable	22,152	24,739	13,454	-	-
Accrued Expenses	5,002	4,168	2,366	2,676	2,046
Short-Term Debt	4,090	7,736	7,858	11,716	7,401
Current Portion of Leases	734.69	750.24	971.09	1,121	1,437
Current Income Taxes Payable	1,289	1,026	351.62	465.2	3.2
Current Unearned Revenue	2,970	2,832	2,257	2,015	32.06
Other Current Liabilities	4,747	11,000	5,839	19,851	9,455
Total Current Liabilities	40,984	52,252	33,095	37,844	20,374
Long-Term Debt	-	653.21	1,406	-	-
Long-Term Leases	507.8	467.6	538.66	1,476	1,263
Long-Term Unearned Revenue	971.96	1,361	-	-	-
Long-Term Deferred Tax Liabilities	109.99	260.18	1,210	2,157	1,475
Other Long-Term Liabilities	3,592	3,344	3,503	1,131	2,557
Total Liabilities	46,166	58,337	39,753	42,609	25,670
Common Stock	30,558	28,024	26,630	24,368	19,398
Additional Paid-In Capital	113,951	95,715	84,583	72,196	57,149
Retained Earnings	-29,490	-32,018	-23,323	-12,129	13,766
Treasury Stock	-4,005	-5.24	-5.24	-2,765	-15,881
Comprehensive Income & Other	-1,335	-2,230	-1,069	-5,732	-3,691
Total Common Equity	109,679	89,485	86,815	75,938	70,742
Minority Interest	18,692	19,110	18,792	11,440	10,058
Shareholders' Equity	128,371	108,595	105,607	87,378	80,799
Total Liabilities & Equity	174,537	166,932	145,359	129,987	106,469
Total Debt	5,332	9,607	10,773	14,313	10,101
Net Cash (Debt)	82,938	59,014	60,523	44,552	34,255
Net Cash Growth	40.54%	-2.49%	35.85%	30.06%	-34.08%
Net Cash Per Share	1234.21	916.90	1032.57	832.75	819.64
Filing Date Shares Outstanding	71.06	64.4	63.05	55.55	42.58
Total Common Shares Outstanding	71.06	64.4	61.19	55.55	42.58
Working Capital	94,069	67,395	64,169	33,970	31,826
Book Value Per Share	1543.55	1389.58	1418.67	1366.91	1661.55
Tangible Book Value	101,575	78,926	71,874	55,169	53,586
Tangible Book Value Per Share	1429.50	1225.61	1174.52	993.06	1258.60
Land	70.77	70.77	70.77	688.38	-
Buildings	109.72	109.72	109.72	752.24	-
Machinery	8,500	7,361	7,275	6,847	7,275

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.