MegaStudyEdu Co. Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

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	111,763	66,299	54,376	16,893	11,942	112,225
Trading Asset Securities	67,120	66,120	13,758	29,308	21,009	69,935
Cash & Short-Term Investments	178,883	132,419	68,134	46,201	32,951	182,160
Cash Growth	83.65%	94.35%	47.47%	40.21%	-81.91%	180.68%
Accounts Receivable	46,425	44,167	51,449	55,792	49,984	42,620
Other Receivables	2,510	2,757	2,078	6,753	1,101	1,776
Receivables	50,826	48,958	67,792	62,549	51,390	44,548
Inventory	53,534	37,246	63,870	27,203	22,319	13,800
Prepaid Expenses	10,081	8,334	7,384	10,064	8,028	6,559
Other Current Assets	22,383	25,563	7,811	89,303	20,782	13,966
Total Current Assets	315,707	252,520	214,990	235,319	135,470	261,033
Property, Plant & Equipment	343,001	339,226	341,705	373,858	375,015	265,021
Long-Term Investments	74,287	74,819	49,924	28,437	28,402	25,100
Goodwill	-	17,675	15,819	25,398	25,093	19,244
Other Intangible Assets	89,716	70,849	54,480	64,657	46,256	50,877
Long-Term Accounts Receivable	7,917	5,858	6,106	5,574	5,698	5,665
Long-Term Deferred Tax Assets	23,560	22,585	20,161	5,428	1,007	681.74
Other Long-Term Assets	99,215	99,271	166,540	210,364	282,460	94,134
Total Assets	966,762	896,213	878,342	955,494	904,711	724,298

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
Accounts Payable	67,308	44,182	74,624	37,705	38,517	36,935
Accrued Expenses	19,227	20,679	20,223	20,697	20,391	14,979
Short-Term Debt	11,517	13,667	13,375	56,912	45,446	6,662
Current Portion of Long-Term Debt	25	25	25	108.33	200	200
Current Portion of Leases	28,279	24,203	24,668	30,172	30,199	26,290
Current Income Taxes Payable	17,249	15,986	16,687	18,842	27,363	23,557
Current Unearned Revenue	163,178	137,606	138,131	162,445	157,170	139,216
Other Current Liabilities	104,477	71,226	82,281	79,659	86,259	69,931
Total Current Liabilities	411,260	327,572	370,015	406,540	405,546	317,771
Long-Term Debt	14.58	20.83	45.83	70.83	83.33	283.33
Long-Term Leases	36,947	36,665	31,457	44,573	60,761	46,787
Pension & Post-Retirement Benefits	3,120	2,603	2,383	2,184	1,211	1,593
Long-Term Deferred Tax Liabilities	1,181	1,163	1,178	699.94	683.58	2,950
Other Long-Term Liabilities	8,335	7,609	6,523	9,954	2,725	785.79
Total Liabilities	460,857	375,633	411,602	464,022	471,009	370,171

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
Common Stock	1,186	1,186	1,186	1,186	1,186	1,186
Additional Paid-In Capital	153,151	157,026	165,377	165,377	165,377	165,377
Retained Earnings	354,338	355,664	316,969	308,228	250,822	168,101
Treasury Stock	-274.49	-274.49	-40,274	-3,844	-2,658	-2,658
Comprehensive Income & Other	-22,752	-16,536	5,583	6,479	5,996	6,851
Total Common Equity	485,648	497,066	448,842	477,426	420,723	338,857
Minority Interest	20,257	23,514	17,899	14,047	12,979	15,270
Shareholders' Equity	505,905	520,580	466,741	491,473	433,702	354,127
Total Liabilities & Equity	966,762	896,213	878,342	955,494	904,711	724,298

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
Total Debt	76,783	74,581	69,571	131,836	136,689	80,223
Net Cash (Debt)	102,100	57,838	-1,437	-85,635	-103,738	101,937
Net Cash Growth	264.17%	-	-	-	-	-
Net Cash Per Share	9759.66	5475.60	-130.67	-7347.89	-8805.32	8653.03
Filing Date Shares Outstanding	10.35	10.35	10.76	11.6	11.78	11.78
Total Common Shares Outstanding	10.35	10.35	10.76	11.6	11.78	11.78
Working Capital	-95,553	-75,052	-155,025	-171,221	-270,076	-56,738
Book Value Per Share	46907.77	48010.56	41718.08	41174.93	35711.04	28762.25
Tangible Book Value	395,932	408,541	378,543	387,371	349,375	268,737
Tangible Book Value Per Share	38242.25	39460.18	35184.06	33408.25	29654.96	22810.41
Land	-	91,839	91,741	92,764	87,557	77,126
Buildings	-	169,041	166,592	168,144	152,708	73,551
Machinery	-	42,762	44,007	42,125	35,658	30,200
Construction In Progress	-	680.51	1,842	1,713	10,685	14,740