Noul Co.,Ltd. Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	656.29	250.58	6,612	2,043	194.81
Short-Term Investments	16,008	10,009	13,009	8,414	10,002
Trading Asset Securities	6,455	10,684	-	-	-
Cash & Short-Term Investments	23,120	20,944	19,621	10,457	10,197
Cash Growth	10.39%	6.74%	87.64%	2.55%	18.59%
Accounts Receivable	3,397	351.79	1,199	398.66	363.04
Other Receivables	126.72	758.75	604.46	286.94	36.33
Receivables	3,524	2,741	1,804	685.6	399.37
Inventory	4,562	4,159	3,478	2,666	1,879
Prepaid Expenses	241.59	258.09	222.78	224.72	319.52
Other Current Assets	386.55	176.99	37.88	40.46	71.37
Total Current Assets	31,834	28,279	25,164	14,073	12,866
Property, Plant & Equipment	4,290	8,742	9,639	10,969	6,566
Long-Term Investments	0.2	0.2	20,000	0.2	0.2
Other Intangible Assets	68.11	120.8	170.2	256.02	188.12
Long-Term Accounts Receivable	-	-	-	-	12.55
Long-Term Deferred Charges	2,690	-	-	-	-
Other Long-Term Assets	342.03	667.18	603.2	553.05	327.53
Total Assets	39,225	37,809	55,577	25,851	19,961
Accounts Payable	121.27	128.05	75.08	21.36	120.94
Accrued Expenses	687.94	545.38	533.4	388.54	598.43
Short-Term Debt	5,200	5,944	1,944	4,344	11,485
Current Portion of Leases	626.48	1,115	1,017	959.22	536.23
Current Income Taxes Payable	2.54	1.39	0.98	0.66	-
Current Unearned Revenue	-	-	-	50.42	45.83
Other Current Liabilities	1,500	845.82	582.82	697.98	557.49
Total Current Liabilities	8,138	8,579	4,154	6,462	13,344
Long-Term Leases	1,295	4,655	4,839	5,294	2,910
Pension & Post-Retirement Benefits	3,577	3,464	2,681	1,780	1,311
Other Long-Term Liabilities	531.96	941.45	914.39	920.12	540.15
Total Liabilities	13,543	17,641	12,588	14,456	18,104
Common Stock	25,646	18,474	18,474	5,727	4,440
Additional Paid-In Capital	103,773	85,945	85,945	50,966	29,201
Retained Earnings	-105,419	-85,694	-62,596	-46,004	-32,228
Comprehensive Income & Other	1,682	1,444	1,166	706.99	444.31
Shareholders' Equity	25,682	20,168	42,989	11,396	1,857
Total Liabilities & Equity	39,225	37,809	55,577	25,851	19,961
Total Debt	7,121	11,714	7,800	10,597	14,931
Net Cash (Debt)	15,999	9,230	11,821	-140.45	-4,734
Net Cash Growth	73.33%	-21.92%	-	-	-
Net Cash Per Share	424.12	249.76	441.21	-6.38	-302.00
Filing Date Shares Outstanding	40.05	36.95	36.95	22.91	17.76
Total Common Shares Outstanding	40.05	36.95	36.95	22.91	17.76
Working Capital	23,696	19,699	21,010	7,611	-477.25
Book Value Per Share	641.31	545.87	1163.53	497.47	104.56
Tangible Book Value	25,614	20,047	42,819	11,140	1,669
Tangible Book Value Per Share	639.61	542.60	1158.92	486.30	93.97
Machinery	3,322	2,817	2,615	2,438	2,264
Construction In Progress	-	15.15	20.75	30.34	23.07

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