Frontage Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	33.66	44.09	53.19	87.43	144.63	212.09
Trading Asset Securities	-	-	1.41	3.09	4.08	2.45
Cash & Short-Term Investments	33.66	44.09	54.6	90.52	148.71	214.54
Cash Growth	-22.02%	-19.24%	-39.68%	-39.13%	-30.69%	3.27%
Accounts Receivable	84.38	78.72	70.17	64.03	46.32	30.56
Other Receivables	5.43	7.78	8.95	7.71	10.02	6.24
Receivables	89.89	86.59	79.14	72.17	56.45	37.39
Inventory	2.97	2.88	2.8	3.19	0.95	0.72
Prepaid Expenses	5.33	3.79	4.62	5.57	3.63	1.73
Other Current Assets	0.41	0.39	0.41	0.4	1.34	0.01
Total Current Assets	132.26	137.73	141.56	171.84	211.07	254.39
Property, Plant & Equipment	175.67	180.68	183.79	180.2	146.24	82.28
Long-Term Investments	9.87	9.74	10.12	8.73	6.91	0.47
Goodwill	189.3	187.01	183.92	149.21	71.45	24.91
Other Intangible Assets	26.62	29.98	37.16	33.46	31.69	14.79
Long-Term Deferred Tax Assets	9.37	7.45	7.04	6.22	7.65	5.15
Other Long-Term Assets	1.19	0.99	8.29	0.94	0.83	0.72
Total Assets	544.27	553.59	571.87	550.59	475.84	382.71
Accounts Payable	10.39	8.66	12.61	11	11.46	7.41
Accrued Expenses	6.84	7.28	16.91	12.45	10.68	5.31
Short-Term Debt	0.86	-	-	-	0.01	-
Current Portion of Long-Term Debt	44.52	51.23	20.13	13.73	-	-
Current Portion of Leases	10.07	9.9	11.68	10.52	7.29	5.19
Current Income Taxes Payable	2.04	0.57	1.13	0.68	4.37	2.48
Current Unearned Revenue	28.37	30.34	27.71	34.8	23.63	17.87
Other Current Liabilities	3.27	3.57	9.42	14.31	15.55	7.27
Total Current Liabilities	106.34	111.54	99.58	97.47	72.99	45.53
Long-Term Debt	34.11	44.44	61.31	35.13	-	-
Long-Term Leases	48.15	48.8	51.98	58.82	50.55	35.43
Long-Term Unearned Revenue	1.97	2	2.06	2.12	-	-
Long-Term Deferred Tax Liabilities	12.27	12.55	11.79	10.86	11.2	3.08
Other Long-Term Liabilities	-	-	-	10.35	18.02	9.8
Total Liabilities	202.83	219.32	226.72	214.75	152.76	93.84
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	230.81	227.65	229.92	224.51	227.15	224.09
Retained Earnings	112.8	109.87	110.65	99.84	74.11	55.68
Treasury Stock	-0.31	-0.31	-4.23	-0	-	-
Comprehensive Income & Other	-3.14	-4.22	6.14	8.71	18.56	8.08
Total Common Equity	340.17	333.01	342.5	333.08	319.84	287.87
Minority Interest	1.26	1.26	2.64	2.77	3.24	1
Shareholders' Equity	341.44	334.27	345.15	335.85	323.08	288.87
Total Liabilities & Equity	544.27	553.59	571.87	550.59	475.84	382.71
Total Debt	137.7	154.37	145.1	118.19	57.85	40.62
Net Cash (Debt)	-104.04	-110.27	-90.5	-27.67	90.86	173.92
Net Cash Growth	-	-	-	-	-47.76%	-6.92%
Net Cash Per Share	-0.05	-0.05	-0.04	-0.01	0.04	0.08
Filing Date Shares Outstanding	2,028	2,036	2,034	2,038	2,051	2,037
Total Common Shares Outstanding	2,028	2,036	2,034	2,038	2,051	2,037
Working Capital	25.91	26.19	41.98	74.37	138.08	208.86
Book Value Per Share	0.17	0.16	0.17	0.16	0.16	0.14
Tangible Book Value	124.26	116.01	121.43	150.41	216.7	248.17
Tangible Book Value Per Share	0.06	0.06	0.06	0.07	0.11	0.12
Land	-	1.97	1.97	1.97	1.83	1.83
Buildings	-	6.79	6.79	6.79	3.18	3.14
Machinery	-	112.17	106.01	90.73	77.21	55.06
Construction In Progress	-	33.19	20.28	19.42	33.76	8.39
Leasehold Improvements	-	68.78	67.15	56.74	22.8	7.95
Order Backlog	-	390.6	342.2	341.8	241.8	172

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.