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	Jun '25 Jun 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	12,193	10,402	12,473	11,745	7,356	3,168
Short-Term Investments	3,810	676.4	5,000	9,472	227.22	31
Trading Asset Securities	197.9	381.95	462.49	-	-	2.61
Cash & Short-Term Investments	16,201	11,461	17,936	21,217	7,583	3,201
Cash Growth	-	-36.10%	-15.46%	179.78%	136.89%	-
Accounts Receivable	1,167	1,131	2,202	1,197	2,007	1,255
Other Receivables	-	4,655	3,464	1,940	1,914	8.76
Receivables	1,167	5,786	5,666	3,137	3,921	1,278
Inventory	386.94	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	1,831	202.65	172.47	46.91	0.44	1,813
Total Current Assets	19,586	18,438	26,385	25,223	12,161	6,418
Property, Plant & Equipment	13,177	13,840	8,410	6,356	3,374	2,064
Long-Term Investments	2,192	2,247	314.5	295.61	269.33	258.9
Goodwill	240	240	-	-	-	-
Other Intangible Assets	377.28	411.61	452.86	233.71	230.74	211.65
Long-Term Deferred Tax Assets	1,334	1,327	890.93	696.56	402.23	639.11
Other Long-Term Assets	638.29	66.15	-0	450.97	692.8	463.05
Total Assets	37,633	36,570	36,453	33,256	17,130	10,054
Accounts Payable	6,303	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	4,542	300	-	2	200	400
Current Portion of Leases	27.76	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	2,141	1,677	1,330	1,226	2,515	895.12
Total Current Liabilities	13,014	11,655	11,386	6,054	7,341	3,980
Long-Term Debt	-	-	-	5,188	-	-
Long-Term Leases	38.99	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	1,605	1,540	1,568	1,428	1,281	951.55
Other Long-Term Liabilities	318.45	190.82	118.51	87.85	10.66	3.83
Total Liabilities	14,977	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	1,776	1,740	1,754	1,005	5,934	4,410
Treasury Stock	-366.11	-9.18	-9.18	-9.18	-	-
Comprehensive Income & Other	0	-0	-0	-0	-476.47	-
Total Common Equity	22,627	22,949	22,962	20,026	8,022	5,034
Minority Interest	29.45	39.32	-	-12.18	-11.61	2.2
Shareholders' Equity	22,656	22,988	22,962	20,014	8,011	5,036
Total Liabilities & Equity	37,633	36,570	36,453	33,256	17,130	10,054
Total Debt	4,609	370.48	56.66	5,269	325.45	525.86
Net Cash (Debt)	11,592	11,090	17,879	15,948	7,258	2,675
Net Cash Growth	-	-37.97%	12.11%	119.73%	171.28%	-
Net Cash Per Share	338.33	323.68	524.91	568.01	293.42	2229.48
Filing Date Shares Outstanding	33.92	34.26	34.26	31.89	95.34	1.2
Total Common Shares Outstanding	33.92	34.26	34.26	31.89	95.34	1.2
Working Capital	6,571	6,783	14,999	19,169	4,819	2,438
Book Value Per Share	666.99	669.87	670.28	627.98	84.14	4194.91
Tangible Book Value	22,010	22,297	22,510	19,793	7,792	4,822
Tangible Book Value Per Share	648.80	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	3,641	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.