Saltware Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '19 Dec 31, 2019
Cash & Equivalents	9,663	10,402	12,473	11,745	7,356	3,168
Short-Term Investments	4,494	676.4	5,000	9,472	227.22	31
Trading Asset Securities	189.51	381.95	462.49	-	-	2.61
Cash & Short-Term Investments	14,346	11,461	17,936	21,217	7,583	3,201
Cash Growth	10.53%	-36.10%	-15.46%	179.78%	136.89%	-
Accounts Receivable	4,331	1,131	2,202	1,197	2,007	1,255
Other Receivables	-	4,655	3,464	1,940	1,914	8.76
Receivables	4,331	5,786	5,666	3,137	3,921	1,278
Inventory	256.92	555.76	1,199	444.23	283.06	37.06
Prepaid Expenses	-	432.84	1,412	378.14	372.7	88.07
Other Current Assets	1,277	202.65	172.47	46.91	0.44	1,813
Total Current Assets	20,211	18,438	26,385	25,223	12,161	6,418
Property, Plant & Equipment	13,167	13,840	8,410	6,356	3,374	2,064
Long-Term Investments	1,984	2,247	314.5	295.61	269.33	258.9
Goodwill	240	240	-	-	-	-
Other Intangible Assets	403.9	411.61	452.86	233.71	230.74	211.65
Long-Term Deferred Tax Assets	1,335	1,327	890.93	696.56	402.23	639.11
Other Long-Term Assets	974.76	66.15	-0	450.97	692.8	463.05
Total Assets	38,635	36,570	36,453	33,256	17,130	10,054
Accounts Payable	5,967	4,947	6,465	2,839	2,570	1,574
Accrued Expenses	-	4,105	2,688	1,673	1,279	1,052
Short-Term Debt	395	300	-	2	200	400
Current Portion of Leases	56.05	41.61	29.77	56.86	63.97	42.72
Current Income Taxes Payable	-	3.79	-	-	177.27	15.18
Current Unearned Revenue	-	580.16	873.73	257.93	535.94	-
Other Current Liabilities	7,609	1,677	1,330	1,226	2,515	895.12
Total Current Liabilities	14,027	11,655	11,386	6,054	7,341	3,980
Long-Term Debt	-	-	-	5,188	-	-
Long-Term Leases	181.03	28.87	26.89	22	61.48	83.14
Long-Term Unearned Revenue	-	167.7	391.08	462.17	425.2	-
Pension & Post-Retirement Benefits	1,638	1,540	1,568	1,428	1,281	951.55
Other Long-Term Liabilities	280.63	190.82	118.51	87.85	10.66	3.83
Total Liabilities	16,127	13,582	13,491	13,242	9,119	5,018
Common Stock	3,426	3,426	3,426	3,189	2,541	600
Additional Paid-In Capital	17,791	17,791	17,791	15,841	23.48	23.48
Retained Earnings	1,767	1,740	1,754	1,005	5,934	4,410
Treasury Stock	-509	-9.18	-9.18	-9.18	-	-
Comprehensive Income & Other	0	-0	-0	-0	-476.47	-
Total Common Equity	22,475	22,949	22,962	20,026	8,022	5,034
Minority Interest	33.44	39.32	-	-12.18	-11.61	2.2
Shareholders' Equity	22,509	22,988	22,962	20,014	8,011	5,036
Total Liabilities & Equity	38,635	36,570	36,453	33,256	17,130	10,054
Total Debt	632.08	370.48	56.66	5,269	325.45	525.86
Net Cash (Debt)	13,714	11,090	17,879	15,948	7,258	2,675
Net Cash Growth	6.35%	-37.97%	12.11%	119.73%	171.28%	-
Net Cash Per Share	481.99	323.68	524.91	568.01	293.42	2229.48
Filing Date Shares Outstanding	11.06	34.26	34.26	31.89	95.34	1.2
Total Common Shares Outstanding	11.06	34.26	34.26	31.89	95.34	1.2
Working Capital	6,184	6,783	14,999	19,169	4,819	2,438
Book Value Per Share	2032.87	669.87	670.28	627.98	84.14	4194.91
Tangible Book Value	21,831	22,297	22,510	19,793	7,792	4,822
Tangible Book Value Per Share	1974.63	650.85	657.06	620.65	81.72	4018.54
Land	4,357	4,681	725.22	725.22	725.22	725.22
Buildings	7,747	8,482	1,364	1,364	1,364	1,364
Machinery	3,659	3,306	2,543	1,936	1,801	1,530
Construction In Progress	-	-	6,375	4,669	1,560	123.72

Source: S&P Global Market Intelligence. Standard template. Financial Sources.