Axgate 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	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	18,191	17,781	21,896	18,120	8,292	7,749
Cash & Short-Term Investments	18,191	17,781	21,896	18,120	8,292	7,749
Cash Growth	-2.94%	-18.79%	20.84%	118.51%	7.01%	58.29%
Accounts Receivable	8,678	14,424	15,835	12,286	11,669	8,553
Other Receivables	57.55	40.03	112.69	71.3	17.96	949.9
Receivables	8,736	14,464	15,978	12,357	11,687	9,503
Inventory	11,187	9,098	5,122	7,133	8,624	8,754
Prepaid Expenses	441.74	421.9	53.52	124.63	64.96	59.97
Other Current Assets	1,971	942.26	830.57	923.57	506.66	589.66
Total Current Assets	40,527	42,707	43,880	38,659	29,175	26,655
Property, Plant & Equipment	20,289	20,070	19,348	7,950	4,108	2,907
Other Intangible Assets	588.74	608.83	485.76	509.94	290.67	223.48
Long-Term Accounts Receivable	-	-	0.17	22.46	53.65	71.77
Long-Term Deferred Tax Assets	2,374	2,373	2,222	2,167	696.31	1,420
Other Long-Term Assets	1,507	2,558	1,130	638.47	363.34	346.71
Total Assets	65,301	68,336	67,088	49,996	34,707	31,624
Accounts Payable	975.88	2,564	1,586	1,673	2,939	3,978
Accrued Expenses	469.85	826.46	951.67	757.34	318.16	267.16
Short-Term Debt	10,000	10,000	10,000	-	2,500	4,500
Current Portion of Long-Term Debt	171.36	171.36	171.36	171.36	171.36	43.32
Current Portion of Leases	10.14	15.8	43.64	239.38	226.91	208.31
Current Income Taxes Payable	78.75	77.77	107.54	107.17	159.48	161.43
Current Unearned Revenue	932.85	817.55	655.44	498.66	394.83	342.55
Other Current Liabilities	1,977	3,631	7,024	4,485	3,766	2,829
Total Current Liabilities	14,615	18,104	20,539	7,931	10,476	12,330
Long-Term Debt	428.4	471.24	642.6	813.96	985.32	1,157
Long-Term Leases	-	-	15.8	25.12	249.69	176.4
Long-Term Unearned Revenue	1,471	1,459	1,477	835.36	370.44	488.13
Other Long-Term Liabilities	25.31	21.85	8	4.88	52.95	52.49
Total Liabilities	16,540	20,056	22,683	9,610	12,134	14,204
Common Stock	2,854	2,854	2,854	2,849	2,089	2,089
Additional Paid-In Capital	21,533	21,533	21,533	21,497	4,309	4,309
Retained Earnings	23,508	23,027	19,153	15,154	14,859	10,280
Treasury Stock	-41.07	-41.07	-41.07	-41.07	-	-
Comprehensive Income & Other	906.52	906.52	906.52	925.99	1,316	741.64
Shareholders' Equity	48,761	48,280	44,405	40,385	22,573	17,419
Total Liabilities & Equity	65,301	68,336	67,088	49,996	34,707	31,624
Total Debt	10,610	10,658	10,873	1,250	4,133	6,085
Net Cash (Debt)	7,581	7,123	11,023	16,870	4,159	1,664
Net Cash Growth	-4.33%	-35.38%	-34.66%	305.62%	149.91%	30.75%
Net Cash Per Share	246.87	234.12	363.85	629.52	190.74	78.91
Filing Date Shares Outstanding	28.32	28.53	28.53	28.48	20.91	20.83
Total Common Shares Outstanding	28.32	28.53	28.53	28.48	20.91	20.83
Working Capital	25,911	24,603	23,340	30,727	18,699	14,325
Book Value Per Share	1721.74	1692.04	1556.26	1417.85	1079.60	836.10
Tangible Book Value	48,172	47,671	43,920	39,875	22,282	17,196
Tangible Book Value Per Share	1700.95	1670.70	1539.24	1399.94	1065.70	825.37
Land	3,628	3,628	1,914	1,849	1,659	1,659
Buildings	14,347	14,347	14,089	1,025	131.27	131.27
Machinery	1,982	1,811	1,397	1,006	727.92	507.96
Construction In Progress	71	30	1,415	3,433	899.79	89.16