B2En Co., Ltd. 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	20,234	3,401	16,402	3,871
Short-Term Investments	372.07	360.23	400	30
Trading Asset Securities	-	641.14	-	-
Cash & Short-Term Investments	20,606	4,402	16,802	3,901
Cash Growth	403.01%	-73.80%	330.72%	-
Accounts Receivable	1,512	981.5	1,559	1,332
Other Receivables	266.45	887.46	69.18	240.14
Receivables	4,728	2,219	1,948	2,223
Inventory	70.91	491.53	-	-
Prepaid Expenses	136.24	149.85	233.89	178.44
Other Current Assets	355.92	366.91	2,044	3,253
Total Current Assets	25,897	7,629	21,028	9,555
Property, Plant & Equipment	9,249	8,363	2,579	5,131
Long-Term Investments	13,186	17,873	11,495	4,890
Other Intangible Assets	1,215	1,234	299.61	473.18
Long-Term Deferred Charges	-	-	-	287.84
Other Long-Term Assets	10,490	10,489	21,304	8,270
Total Assets	60,036	45,588	56,706	28,607
Accounts Payable	447.64	1,037	709.6	1,055
Accrued Expenses	357.85	467.11	443.83	651.6
Short-Term Debt	6,227	1,239	4,843	-
Current Portion of Long-Term Debt	6,640	6,240	2,076	6,800
Current Portion of Leases	65.13	65.82	338.85	49.08
Current Income Taxes Payable	-	-	48.23	-
Current Unearned Revenue	146.51	76.32	2.21	0.1
Other Current Liabilities	12,975	2,449	5,015	2,375
Total Current Liabilities	26,859	11,575	13,477	10,931
Long-Term Debt	-	400	6,889	-
Long-Term Leases	33.58	46.28	250.93	73.4
Long-Term Deferred Tax Liabilities	1,891	1,891	1,898	794.16
Other Long-Term Liabilities	239.09	239.09	109.75	143.11
Total Liabilities	29,023	14,151	22,624	11,941
Common Stock	5,956	5,956	5,081	3,381
Additional Paid-In Capital	47,134	47,134	38,403	20,897
Retained Earnings	-26,245	-25,849	-13,812	-6,910
Treasury Stock	-	-	-	-2,455
Comprehensive Income & Other	4,362	4,358	4,395	1,753
Total Common Equity	31,207	31,599	34,067	16,666
Minority Interest	-194.02	-162.81	15.53	-
Shareholders' Equity	31,013	31,436	34,082	16,666
Total Liabilities & Equity	60,036	45,588	56,706	28,607
Total Debt	12,966	7,991	14,398	6,922
Net Cash (Debt)	7,640	-3,589	2,404	-3,022
Net Cash Per Share	135.87	-66.56	60.62	-95.75
Filing Date Shares Outstanding	59.56	59.56	50.81	32.6
Total Common Shares Outstanding	59.56	59.56	50.81	32.6
Working Capital	-962.35	-3,946	7,551	-1,376
Book Value Per Share	523.93	530.50	670.53	511.16
Tangible Book Value	29,993	30,365	33,767	16,193
Tangible Book Value Per Share	503.54	509.79	664.63	496.65
Land	4,008	4,008	-	2,324
Buildings	2,672	2,672	106.38	2,160
Machinery	936.13	932.68	772.56	577.72
Construction In Progress	2,000	1,000	1,000	-