Bitmax Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,173	10,004	15,249	14,094
Short-Term Investments	88.55	18,590	42,593	-
Cash & Short-Term Investments	3,261	28,594	57,842	14,094
Cash Growth	-88.59%	-50.57%	310.42%	-
Accounts Receivable	2,516	199.65	284.84	519.96
Other Receivables	39.88	277.6	414.97	88.77
Receivables	4,037	477.25	699.82	608.72
Prepaid Expenses	438.42	329.52	35.15	24.33
Other Current Assets	1,903	10,195	2,395	656.03
Total Current Assets	9,640	39,596	60,972	15,383
Property, Plant & Equipment	2,754	2,842	2,323	1,630
Long-Term Investments	736.79	5,602	-0	-0
Goodwill	10,873	1,473	1,473	-
Other Intangible Assets	2,917	38.96	37.51	28.26
Long-Term Deferred Tax Assets	681.57	-	-	-
Long-Term Deferred Charges	132.47	1,251	1,444	1,117
Other Long-Term Assets	808.56	833.51	664.99	401.72
Total Assets	28,543	51,636	66,914	18,560
Accounts Payable	1,508	-	-	-
Accrued Expenses	1,032	632.32	489.91	331.73
Short-Term Debt	3,197	9,998	8,601	64
Current Portion of Long-Term Debt	800	-	-	-
Current Portion of Leases	1,102	698.28	500.08	323.1
Other Current Liabilities	2,043	12,728	17,600	1,080
Total Current Liabilities	9,683	24,056	27,190	1,799
Long-Term Debt	2,400	-	-	-
Long-Term Leases	1,038	1,308	1,130	862.52
Long-Term Deferred Tax Liabilities	598.16	-	1.09	-
Other Long-Term Liabilities	565.54	753.39	526.89	365.81
Total Liabilities	14,284	26,118	28,924	3,027
Common Stock	15,135	9,785	9,785	4,271
Additional Paid-In Capital	80,735	70,069	71,316	39,709
Retained Earnings	-84,315	-57,412	-44,183	-29,277
Comprehensive Income & Other	2,695	3,076	1,306	829.73
Total Common Equity	14,250	25,518	38,224	15,533
Minority Interest	8.47	-	-234.39	-
Shareholders' Equity	14,259	25,518	37,990	15,533
Total Liabilities & Equity	28,543	51,636	66,914	18,560
Total Debt	8,537	12,004	10,231	1,250
Net Cash (Debt)	-5,276	16,590	47,611	12,844
Net Cash Growth	-	-65.16%	270.69%	-
Net Cash Per Share	-252.22	847.62	2524.86	808.14
Filing Date Shares Outstanding	24.96	19.57	19.57	17.08
Total Common Shares Outstanding	24.96	19.57	19.57	17.08
Working Capital	-42.94	15,539	33,781	13,584
Book Value Per Share	570.85	1303.88	1953.12	909.14
Tangible Book Value	460.3	24,006	36,714	15,504
Tangible Book Value Per Share	18.44	1226.64	1875.96	907.49
Machinery	1,442	1,216	857.1	424.37
Construction In Progress	-	-	-	55

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.