Virnect 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	7,798	8,607	8,874	4,892	3,743	30,907
Short-Term Investments	1,200	-	-	16,273	4,763	-
Trading Asset Securities	300.13	301.05	14,564	15,151	1,013	-
Cash & Short-Term Investments	9,298	8,908	23,437	36,316	9,518	30,907
Cash Growth	-54.96%	-61.99%	-35.46%	281.54%	-69.20%	-
Accounts Receivable	1,310	1,150	670.16	1,097	793.87	480.06
Other Receivables	197.81	532.58	213.96	610.21	151.33	155.97
Receivables	3,612	3,986	888.21	1,707	945.2	636.03
Inventory	2,121	2,311	13.91	19.87	35.59	38.03
Prepaid Expenses	40.71	112.24	70.14	313.04	372.27	365.72
Other Current Assets	1,450	1,413	1,020	585.36	711.67	453.57
Total Current Assets	16,522	16,731	25,430	38,941	11,583	32,401
Property, Plant & Equipment	24,334	24,528	16,538	16,788	18,072	14,846
Long-Term Investments	3,714	3,812	1,157	-	8,088	-
Other Intangible Assets	202.97	214.06	242.65	273.94	183.36	100.83
Long-Term Accounts Receivable	-0	-	-	-	-0	-0
Long-Term Deferred Charges	-	-	116.15	281.77	447.4	613.03
Other Long-Term Assets	740.86	977.85	282.62	539.14	851.36	336.77
Total Assets	45,514	46,263	43,766	56,827	39,225	48,297
Accounts Payable	466.95	790.86	113.57	5.09	138.22	4.79
Accrued Expenses	646.66	704.73	708.76	730.55	863.44	766.24
Short-Term Debt	5,400	3,400	1,400	1,400	1,400	900
Current Portion of Long-Term Debt	166.56	166.56	4,717	236.31	441.49	5,433
Current Portion of Leases	212.49	230.64	204.17	202.05	888.81	150.31
Current Income Taxes Payable	6.49	3.3	-	54.84	-	-
Other Current Liabilities	1,153	1,525	1,206	1,796	3,211	26,121
Total Current Liabilities	8,052	6,821	8,349	4,425	6,943	33,376
Long-Term Debt	5,497	5,539	305.36	5,022	5,258	249.88
Long-Term Leases	563.72	609.13	659.01	759.54	964.06	187.23
Long-Term Deferred Tax Liabilities	2,678	2,679	1,397	1,397	1,404	1,259
Other Long-Term Liabilities	203.07	452.22	437.12	382.39	424.88	287.87
Total Liabilities	16,994	16,100	11,148	11,987	14,994	35,360
Common Stock	5,572	5,572	5,572	5,528	342	184.49
Additional Paid-In Capital	67,510	67,496	67,307	66,854	40,890	9,961
Retained Earnings	-49,986	-48,278	-43,244	-30,603	-20,246	-11,764
Comprehensive Income & Other	5,423	5,373	2,983	3,061	3,244	2,058
Total Common Equity	28,520	30,163	32,618	44,841	24,231	438.96
Shareholders' Equity	28,520	30,163	32,618	44,841	24,231	12,937
Total Liabilities & Equity	45,514	46,263	43,766	56,827	39,225	48,297
Total Debt	11,840	9,945	7,285	7,620	8,953	6,921
Net Cash (Debt)	-2,542	-1,037	16,152	28,696	565.45	23,987
Net Cash Growth	-	-	-43.71%	4974.80%	-97.64%	-
Net Cash Per Share	-227.86	-93.05	1452.79	2920.54	114.41	6123.48
Filing Date Shares Outstanding	11.16	11.14	11.14	11.06	6.84	3.92
Total Common Shares Outstanding	11.16	11.14	11.14	11.06	6.84	3.92
Working Capital	8,470	9,910	17,081	34,516	4,640	-974.69
Book Value Per Share	2555.66	2706.42	2926.73	4055.59	3542.48	112.06
Tangible Book Value	28,317	29,949	32,375	44,567	24,047	338.13
Tangible Book Value Per Share	2537.48	2687.22	2904.96	4030.81	3515.67	86.32
Land	20,532	20,532	14,240	14,240	14,240	13,279
Buildings	3,391	3,391	736.51	736.51	736.51	736.51
Machinery	4,413	4,373	2,778	2,235	1,949	991.03