Virnect Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	4,971	8,607	8,874	4,892	3,743	30,907
Short-Term Investments	2,750	-	-	16,273	4,763	-
Trading Asset Securities	299.17	301.05	14,564	15,151	1,013	-
Cash & Short-Term Investments	8,020	8,908	23,437	36,316	9,518	30,907
Cash Growth	-56.46%	-61.99%	-35.46%	281.54%	-69.20%	-
Accounts Receivable	1,354	1,150	670.16	1,097	793.87	480.06
Other Receivables	1,205	532.58	213.96	610.21	151.33	155.97
Receivables	4,667	3,986	888.21	1,707	945.2	636.03
Inventory	2,036	2,311	13.91	19.87	35.59	38.03
Prepaid Expenses	59.3	112.24	70.14	313.04	372.27	365.72
Other Current Assets	1,011	1,413	1,020	585.36	711.67	453.57
Total Current Assets	15,792	16,731	25,430	38,941	11,583	32,401
Property, Plant & Equipment	24,211	24,528	16,538	16,788	18,072	14,846
Long-Term Investments	3,681	3,812	1,157	-	8,088	-
Other Intangible Assets	184.58	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	410.56	977.85	282.62	539.14	851.36	336.77
Total Assets	44,279	46,263	43,766	56,827	39,225	48,297

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	816.89	790.86	113.57	5.09	138.22	4.79
Accrued Expenses	657.86	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	218.23	230.64	204.17	202.05	888.81	150.31
Current Income Taxes Payable	-	3.3	-	54.84	-	-
Other Current Liabilities	1,645	1,525	1,206	1,796	3,211	26,121
Total Current Liabilities	8,905	6,821	8,349	4,425	6,943	33,376
Long-Term Debt	5,456	5,539	305.36	5,022	5,258	249.88
Long-Term Leases	515.92	609.13	659.01	759.54	964.06	187.23
Long-Term Deferred Tax Liabilities	2,689	2,679	1,397	1,397	1,404	1,259
Other Long-Term Liabilities	204.55	452.22	437.12	382.39	424.88	287.87
Total Liabilities	17,770	16,100	11,148	11,987	14,994	35,360

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	5,572	5,572	5,572	5,528	342	184.49
Additional Paid-In Capital	67,518	67,496	67,307	66,854	40,890	9,961
Retained Earnings	-52,036	-48,278	-43,244	-30,603	-20,246	-11,764
Comprehensive Income & Other	5,454	5,373	2,983	3,061	3,244	2,058
Total Common Equity	26,510	30,163	32,618	44,841	24,231	438.96
Shareholders' Equity	26,510	30,163	32,618	44,841	24,231	12,937
Total Liabilities & Equity	44,279	46,263	43,766	56,827	39,225	48,297

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	11,756	9,945	7,285	7,620	8,953	6,921
Net Cash (Debt)	-3,736	-1,037	16,152	28,696	565.45	23,987
Net Cash Growth	-	-	-43.71%	4974.80%	-97.64%	-
Net Cash Per Share	-335.24	-93.05	1452.79	2920.54	114.41	6123.48
Filing Date Shares Outstanding	11.12	11.14	11.14	11.06	6.84	3.92
Total Common Shares Outstanding	11.12	11.14	11.14	11.06	6.84	3.92
Working Capital	6,887	9,910	17,081	34,516	4,640	-974.69
Book Value Per Share	2383.83	2706.42	2926.73	4055.59	3542.48	112.06
Tangible Book Value	26,325	29,949	32,375	44,567	24,047	338.13
Tangible Book Value Per Share	2367.23	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	4,395	4,373	2,778	2,235	1,949	991.03