Avanceon Balance Sheet

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

Millions PKR. 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	1,139	1,085	756.75	1,131	1,347	1,312
Short-Term Investments	18.45	0.58	0.54	10.12	-	300
Trading Asset Securities	-	-	-	-	0.17	0.19
Cash & Short-Term Investments	1,157	1,086	757.29	1,141	1,347	1,613
Cash Growth	94.97%	43.38%	-33.65%	-15.29%	-16.44%	171.19%
Accounts Receivable	16,686	16,854	16,452	14,889	12,768	9,672
Other Receivables	-	152.06	116.27	105.16	121.68	163.56
Receivables	16,686	17,006	16,568	14,995	12,890	9,835
Inventory	916.73	238.73	173.62	130.27	67.11	72.81
Prepaid Expenses	-	22.7	82.83	59.58	40.86	58.2
Other Current Assets	4,904	4,345	3,346	2,943	2,302	574.92
Total Current Assets	23,663	22,698	20,928	19,269	16,647	12,154
Property, Plant & Equipment	2,260	1,158	1,185	1,199	953.43	467.76
Long-Term Investments	403.23	406.6	379.67	113.08	-	967.66
Goodwill	221.81	221.81	221.81	221.81	221.81	-
Other Intangible Assets	4,744	5,468	5,243	5,044	463.99	51.72
Long-Term Deferred Tax Assets	32.71	32.81	32.7	33.93	15.4	-
Other Long-Term Assets	79.12	348.36	171.85	76.68	54.17	35.78
Total Assets	31,405	30,334	28,163	25,958	18,359	13,679

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	-	6,105	6,201	5,310	4,598	2,363
Accrued Expenses	-	1,032	650.29	804.62	532.3	384.62
Short-Term Debt	2,947	3,029	1,503	1,220	616.41	713.75
Current Portion of Long-Term Debt	93.22	100.02	83.32	103.58	69.83	23.55
Current Portion of Leases	-	0.56	48.59	22.02	21.3	46.76
Current Income Taxes Payable	295.41	371.6	449.1	1,272	76.2	237.77
Current Unearned Revenue	3,423	1,453	2,157	2,257	1,739	883.34
Other Current Liabilities	8,660	1,966	1,751	1,192	1,153	500.94
Total Current Liabilities	15,418	14,058	12,844	12,181	8,806	5,153
Long-Term Debt	137.6	163.84	208.62	243.59	177.18	-
Long-Term Leases	122.35	122.97	115.27	148.6	101.38	69.63
Pension & Post-Retirement Benefits	-	374.1	333.15	294.91	187.2	119.34
Long-Term Deferred Tax Liabilities	-	-	-	-	-	3.67
Other Long-Term Liabilities	404.07	-	-	-	-	-
Total Liabilities	16,082	14,718	13,501	12,868	9,271	5,346

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	4,297	4,224	4,150	3,763	3,247	2,566
Additional Paid-In Capital	1,244	874.83	508.41	450.92	314.01	144.19
Retained Earnings	5,268	5,960	5,309	4,443	2,417	3,480
Comprehensive Income & Other	3,815	3,863	4,007	3,812	2,584	1,815
Total Common Equity	14,623	14,922	13,975	12,469	8,562	8,005
Minority Interest	699.16	693.05	686.61	620.61	525.26	328.07
Shareholders' Equity	15,323	15,615	14,662	13,090	9,088	8,333
Total Liabilities & Equity	31,405	30,334	28,163	25,958	18,359	13,679

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	3,300	3,417	1,959	1,737	986.09	853.68
Net Cash (Debt)	-2,143	-2,331	-1,202	-596.03	361.37	758.84
Net Cash Growth	-	-	-	-	-52.38%	-
Net Cash Per Share	-5.07	-5.50	-2.99	-1.42	0.86	1.81
Filing Date Shares Outstanding	429.67	422.41	317.94	413.93	410.75	405.74
Total Common Shares Outstanding	429.67	422.41	317.94	413.93	410.75	405.74
Working Capital	8,245	8,640	8,084	7,087	7,841	7,000
Book Value Per Share	34.03	35.33	43.95	30.12	20.85	19.73
Tangible Book Value	9,657	9,232	8,510	7,203	7,877	7,954
Tangible Book Value Per Share	22.48	21.86	26.76	17.40	19.18	19.60
Land	-	290.55	290.55	290.55	290.55	223.5
Buildings	-	128.57	127.53	116.3	110.24	90.42
Machinery	-	970.64	833.43	765.46	298.91	193.16
Construction In Progress	-	-	13.92	-	-	-
Order Backlog	-	19,606	-	-	-	-