Bitmax 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	30,263	3,173	10,004	15,249	14,094
Short-Term Investments	20	88.55	18,590	42,593	-
Cash & Short-Term Investments	30,283	3,261	28,594	57,842	14,094
Cash Growth	70.74%	-88.59%	-50.57%	310.42%	-
Accounts Receivable	2,248	2,516	199.65	284.84	519.96
Other Receivables	285.88	39.88	277.6	414.97	88.77
Receivables	4,203	4,037	477.25	699.82	608.72
Prepaid Expenses	710.05	438.42	329.52	35.15	24.33
Other Current Assets	864.39	1,903	10,195	2,395	656.03
Total Current Assets	36,061	9,640	39,596	60,972	15,383
Property, Plant & Equipment	1,950	2,754	2,842	2,323	1,630
Long-Term Investments	2,666	736.79	5,602	-0	-0
Goodwill	10,873	10,873	1,473	1,473	-
Other Intangible Assets	16,118	2,917	38.96	37.51	28.26
Long-Term Deferred Tax Assets	681.57	681.57	-	-	-
Long-Term Deferred Charges	91.35	132.47	1,251	1,444	1,117
Other Long-Term Assets	619.24	808.56	833.51	664.99	401.72
Total Assets	69,059	28,543	51,636	66,914	18,560
Accounts Payable	1,606	1,508	-	-	-
Accrued Expenses	923.23	1,032	632.32	489.91	331.73
Short-Term Debt	17,804	3,197	9,998	8,601	64
Current Portion of Long-Term Debt	800	800	-	-	-
Current Portion of Leases	933.4	1,102	698.28	500.08	323.1
Other Current Liabilities	25,158	2,043	12,728	17,600	1,080
Total Current Liabilities	47,226	9,683	24,056	27,190	1,799
Long-Term Debt	2,400	2,400	-	-	-
Long-Term Leases	555.02	1,038	1,308	1,130	862.52
Long-Term Deferred Tax Liabilities	581.54	598.16	-	1.09	-
Other Long-Term Liabilities	545.68	565.54	753.39	526.89	365.81
Total Liabilities	51,308	14,284	26,118	28,924	3,027
Common Stock	18,616	15,135	9,785	9,785	4,271
Additional Paid-In Capital	85,190	80,735	70,069	71,316	39,709
Retained Earnings	-88,572	-84,315	-57,412	-44,183	-29,277
Comprehensive Income & Other	2,605	2,695	3,076	1,306	829.73
Total Common Equity	17,839	14,250	25,518	38,224	15,533
Minority Interest	-87.97	8.47	-	-234.39	-
Shareholders' Equity	17,751	14,259	25,518	37,990	15,533
Total Liabilities & Equity	69,059	28,543	51,636	66,914	18,560
Total Debt	22,493	8,537	12,004	10,231	1,250
Net Cash (Debt)	7,790	-5,276	16,590	47,611	12,844
Net Cash Growth	2421.21%	-	-65.16%	270.69%	-
Net Cash Per Share	317.72	-252.26	847.68	2524.86	808.14
Filing Date Shares Outstanding	37.23	30.27	19.57	19.57	17.08
Total Common Shares Outstanding	37.23	30.27	19.57	19.57	17.08
Working Capital	-11,165	-42.94	15,539	33,781	13,584
Book Value Per Share	479.15	470.76	1303.88	1953.12	909.14
Tangible Book Value	-9,151	460.3	24,006	36,714	15,504
Tangible Book Value Per Share	-245.80	15.21	1226.64	1875.96	907.49
Machinery	1,448	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.