Andes Technology Corporation (LUX:ANDS)

Andes Technology Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,084	2,083	1,890	4,098	4,005	526.68
Short-Term Investments	-	-	1,078	-	180	180
Cash & Short-Term Investments	1,084	2,083	2,968	4,098	4,185	706.68
Cash Growth	-56.71%	-29.83%	-27.57%	-2.08%	492.17%	-11.37%
Accounts Receivable	342.5	572.1	427.18	238.98	262.51	245.79
Other Receivables	14.93	30.45	47.12	16.73	0.8	0.14
Receivables	357.42	602.56	474.29	255.71	263.31	245.93
Inventory	4.03	3.87	2.15	2.2	1.14	2
Prepaid Expenses	59.21	77.5	156.99	66.57	45.81	22.49
Total Current Assets	1,504	2,767	3,602	4,422	4,495	977.1
Property, Plant & Equipment	184.47	216.77	204.81	160.29	119.82	129.36
Other Intangible Assets	2,300	1,970	1,136	613.61	380.11	290.44
Long-Term Deferred Tax Assets	45.88	21.74	30.7	22.55	0.71	0.41
Other Long-Term Assets	1,185	326.3	363.31	205.53	33.56	5.59
Total Assets	5,219	5,301	5,336	5,424	5,029	1,403
Accounts Payable	0.32	0.1	-	-	2.93	0.26
Current Portion of Leases	32.97	30.03	28.67	16.9	13.96	17.08
Current Income Taxes Payable	-	0.21	-	-	-	-
Current Unearned Revenue	90.32	126.5	83.46	93.34	72.02	28.84
Other Current Liabilities	123.16	208.1	286.4	210.76	86.22	69
Total Current Liabilities	746.75	364.94	398.54	321.01	175.14	115.18
Long-Term Leases	47.76	58.57	81.95	70.74	82.76	92.33
Long-Term Unearned Revenue	16.37	16.28	-	-	-	-
Long-Term Deferred Tax Liabilities	-	40.55	44.57	43.14	-	-
Other Long-Term Liabilities	0.1	0.1	-	-	-	-
Total Liabilities	810.99	480.43	525.05	434.89	257.89	207.51
Common Stock	506.51	506.51	506.51	506.51	506.51	426.51
Additional Paid-In Capital	-	4,094	4,094	4,096	4,096	728.97
Retained Earnings	-189.96	207.43	205.54	383.23	171.59	41.55
Comprehensive Income & Other	4,091	12.54	4.6	3.38	-2.85	-1.65
Shareholders' Equity	4,408	4,821	4,811	4,989	4,771	1,195
Total Liabilities & Equity	5,219	5,301	5,336	5,424	5,029	1,403
Total Debt	580.73	88.6	110.62	87.64	96.72	109.41
Net Cash (Debt)	502.81	1,994	2,857	4,010	4,088	597.27
Net Cash Growth	-79.08%	-30.21%	-28.74%	-1.91%	584.45%	-10.88%
Net Cash Per Share	9.93	39.37	56.41	78.86	90.67	14.00
Filing Date Shares Outstanding	50.69	50.65	50.65	50.65	50.65	42.65
Total Common Shares Outstanding	50.69	50.65	50.65	50.65	50.65	42.65
Working Capital	757.45	2,402	3,203	4,101	4,320	861.92
Book Value Per Share	86.96	95.18	94.98	98.50	94.20	28.03
Tangible Book Value	2,108	2,851	3,675	4,376	4,391	904.95
Tangible Book Value Per Share	41.59	56.29	72.56	86.39	86.70	21.22
Machinery	-	186.56	116.74	81.95	24.77	19.89
Leasehold Improvements	-	25.4	25.88	18.61	16.9	15.38

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