S2W Inc. 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	11,417	3,796	2,294	1,258
Short-Term Investments	2,754	5,000	7,740	5,600
Trading Asset Securities	11,048	-	-	-
Cash & Short-Term Investments	25,219	8,796	10,034	6,858
Cash Growth	186.70%	-12.34%	46.32%	-
Accounts Receivable	2,209	1,897	903.72	758.82
Other Receivables	89.76	114.99	312.11	174.46
Receivables	2,299	2,012	1,616	933.28
Prepaid Expenses	-	-	-	4.62
Other Current Assets	704.49	368.79	156.97	119.73
Total Current Assets	28,223	11,177	11,807	7,916
Property, Plant & Equipment	1,219	1,715	2,351	3,170
Long-Term Investments	240	240	116.95	0
Other Intangible Assets	448.38	361.16	269.75	222.33
Long-Term Accounts Receivable	-	238.75	627.3	987.75
Other Long-Term Assets	0	721.9	697.28	662.59
Total Assets	30,514	14,903	15,869	12,958
Accrued Expenses	961.31	923.03	776.82	507.76
Current Portion of Leases	600.21	1,002	1,003	995.44
Other Current Liabilities	2,879	4,315	25,533	9,492
Total Current Liabilities	4,441	6,240	27,312	10,995
Long-Term Debt	-	-	-	7,659
Long-Term Leases	-	574.75	1,510	2,407
Pension & Post-Retirement Benefits	1,950	1,588	1,346	988.13
Other Long-Term Liabilities	995.44	1,208	1,004	7,216
Total Liabilities	7,386	9,611	31,173	29,265
Common Stock	5,330	2,183	1,238	1,196
Additional Paid-In Capital	68,449	47,527	-	-
Retained Earnings	-51,860	-46,314	-31,981	-19,437
Comprehensive Income & Other	1,210	1,117	993.05	347.32
Total Common Equity	23,128	4,513	-29,750	-17,893
Shareholders' Equity	23,128	5,292	-15,304	-16,307
Total Liabilities & Equity	30,514	14,903	15,869	12,958
Total Debt	600.21	1,577	2,513	11,061
Net Cash (Debt)	24,619	7,219	7,521	-4,203
Net Cash Growth	241.02%	-4.02%	-	-
Net Cash Per Share	2608.80	1418.00	1551.25	-895.12
Filing Date Shares Outstanding	10.66	4.37	4.95	4.7
Total Common Shares Outstanding	10.66	4.37	4.95	4.7
Working Capital	23,782	4,937	-15,505	-3,080
Book Value Per Share	2169.72	1033.66	-6005.38	-3810.84
Tangible Book Value	22,679	4,152	-30,020	-18,116
Tangible Book Value Per Share	2127.65	950.94	-6059.83	-3858.19
Machinery	1,339	914.66	610.14	516.15

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