ADforus 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	21,180	13,529	10,703	6,668	6,251
Short-Term Investments	1,780	1,241	1,200	100	0.39
Trading Asset Securities	8,541	-	-	-	-
Cash & Short-Term Investments	31,500	14,770	11,903	6,768	6,252
Cash Growth	113.27%	24.09%	75.88%	8.25%	-
Accounts Receivable	4,633	4,520	5,568	7,064	2,859
Other Receivables	394.72	563.69	766.06	456.29	557.77
Receivables	5,027	5,084	6,384	7,520	3,558
Prepaid Expenses	22.53	19.13	16.6	4.94	2.6
Other Current Assets	8.36	13.93	15.23	1.74	41.12
Total Current Assets	36,559	19,887	18,319	14,295	9,854
Property, Plant & Equipment	805.21	687.44	259.12	123.12	195.94
Long-Term Investments	1,407	1,368	1,016	1,315	727.13
Goodwill	348.66	348.66	348.66	348.66	348.66
Other Intangible Assets	880.13	1,057	1,237	1,415	1,578
Long-Term Deferred Tax Assets	3,312	148.29	76.79	-	36.71
Other Long-Term Assets	4,244	4,064	4,056	5,096	5,250
Total Assets	47,576	27,610	25,362	22,673	17,990
Accounts Payable	3,385	3,041	4,303	5,143	2,052
Accrued Expenses	105.09	414.61	260.85	138.48	460.43
Short-Term Debt	-	-	-	-	4,460
Current Portion of Leases	173.77	149.27	137.8	53.82	117.44
Current Income Taxes Payable	3,343	392.03	306.72	514.18	814.49
Other Current Liabilities	756.46	798.49	1,412	447.78	339.65
Total Current Liabilities	7,763	4,796	6,421	6,297	8,244
Long-Term Debt	1,905	-	-	-	1,941
Long-Term Leases	70.29	160.11	11.09	1.19	55.01
Long-Term Deferred Tax Liabilities	-	217.77	263.81	378.69	354.42
Other Long-Term Liabilities	76.79	166.43	9.76	159.8	193
Total Liabilities	9,815	5,340	6,705	6,837	10,787
Common Stock	2,580	2,141	2,139	2,139	1,914
Additional Paid-In Capital	19,934	2,580	2,559	2,559	438.62
Retained Earnings	12,631	14,698	11,592	9,046	5,321
Treasury Stock	-511.15	-	-	-	-
Comprehensive Income & Other	982.15	851.24	451.43	339.91	-1,647
Total Common Equity	35,616	20,270	16,742	14,085	6,027
Minority Interest	2,145	2,000	1,916	1,752	1,175
Shareholders' Equity	37,761	22,270	18,658	15,837	7,203
Total Liabilities & Equity	47,576	27,610	25,363	22,673	17,990
Total Debt	2,149	309.38	148.89	55.01	6,573
Net Cash (Debt)	29,351	14,460	11,754	6,713	-321.31
Net Cash Growth	102.97%	23.03%	75.10%	-	-
Net Cash Per Share	7977.68	3365.82	20677.89	11893.33	-614.88
Filing Date Shares Outstanding	1.34	0.57	0.57	0.51	0.5
Total Common Shares Outstanding	1.34	0.57	0.57	0.51	0.5
Working Capital	28,796	15,091	11,898	7,998	1,610
Book Value Per Share	26550.44	35801.81	29587.84	27764.25	12006.05
Tangible Book Value	34,388	18,864	15,156	12,321	4,101
Tangible Book Value Per Share	25634.43	33318.67	26785.73	24287.07	8168.04
Machinery	827.55	591.56	200.77	43.3	24.18

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