Argo Yachts Development Balance Sheet

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

Millions TWD. 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	244.35	335.03	401.94	1,103	1,025	265.65
Short-Term Investments	19.5	19.5	24.5	-	-	-
Trading Asset Securities	-	-	0.09	0.11	-	-
Cash & Short-Term Investments	263.85	354.53	426.54	1,103	1,025	265.65
Cash Growth	-65.50%	-16.88%	-61.32%	7.59%	285.86%	33.76%
Accounts Receivable	139.49	30.78	12.41	7.66	8.56	9.15
Other Receivables	14.06	20.59	3.32	17.75	2.79	0.36
Receivables	153.55	51.37	15.73	25.41	11.36	9.51
Inventory	44.64	44.97	35.52	1.3	0.37	0.8
Prepaid Expenses	184.61	174.15	123.49	70.79	10.22	6.93
Other Current Assets	10.3	14.42	19.05	36.65	26.53	2.87
Total Current Assets	656.94	639.44	620.32	1,237	1,074	285.75
Property, Plant & Equipment	5,066	5,026	3,414	2,881	2,422	1,743
Long-Term Investments	137.14	36.13	26.66	19.21	8	3.64
Goodwill	2.24	2.24	2.24	2.24	2.24	2.24
Other Intangible Assets	22.16	34.86	32.64	7.71	8.47	9.6
Long-Term Accounts Receivable	62.32	63.66	-	-	-	-
Long-Term Deferred Tax Assets	13.18	0.09	0.03	-	-	2.56
Other Long-Term Assets	545.17	644.57	890.18	598.86	229.35	78.31
Total Assets	6,505	6,447	4,986	4,746	3,743	2,125
Accounts Payable	13.11	14.83	28.82	3.42	3.26	4.85
Accrued Expenses	-	-	-	-	22.57	17.82
Short-Term Debt	135	40	11	12.67	-	-
Current Portion of Long-Term Debt	92.98	98.11	91.17	48.82	9.6	-
Current Portion of Leases	53.73	56.07	34.26	29.7	25.03	22.12
Current Income Taxes Payable	-	1.07	14.75	13.78	10.88	-
Current Unearned Revenue	215	187.44	406.8	111.09	110.36	158.44
Other Current Liabilities	73.83	105.98	59.07	87.4	21.95	36.55
Total Current Liabilities	583.65	503.49	645.86	306.89	203.63	239.78
Long-Term Debt	85.66	129.55	210.13	67.08	13.2	-
Long-Term Leases	2,265	2,259	1,411	1,411	1,440	924.78
Long-Term Unearned Revenue	151.04	137.47	90.23	363.13	220.4	138.34
Long-Term Deferred Tax Liabilities	0.21	0.25	0.08	-	-	-
Other Long-Term Liabilities	6.98	7.37	4.06	3.88	4.17	7.9
Total Liabilities	3,092	3,037	2,361	2,152	1,882	1,311
Common Stock	1,398	1,396	1,088	1,033	826.08	509.84
Additional Paid-In Capital	1,829	1,827	1,307	1,352	906.19	241.96
Retained Earnings	171.36	158.01	183.96	169.46	112.71	46.98
Comprehensive Income & Other	0.98	2.96	2.45	1.77	2.79	0.47
Total Common Equity	3,399	3,385	2,582	2,556	1,848	799.25
Minority Interest	14.18	25.44	42.57	37.21	13.84	14.57
Shareholders' Equity	3,413	3,410	2,624	2,594	1,862	813.81
Total Liabilities & Equity	6,505	6,447	4,986	4,746	3,743	2,125
Total Debt	2,632	2,583	1,758	1,570	1,488	946.89
Net Cash (Debt)	-2,368	-2,228	-1,331	-466.81	-462.89	-681.25
Net Cash Per Share	-16.91	-16.50	-12.00	-4.80	-7.16	-13.12
Filing Date Shares Outstanding	139.77	139.63	108.83	108.45	87.03	54.87
Total Common Shares Outstanding	139.77	139.63	108.83	108.45	87.03	54.87
Working Capital	73.3	135.95	-25.54	930.14	869.88	45.97
Book Value Per Share	24.32	24.24	23.72	23.57	21.23	14.57
Tangible Book Value	3,374	3,348	2,547	2,546	1,837	787.41
Tangible Book Value Per Share	24.14	23.98	23.40	23.48	21.11	14.35
Land	68.52	70.22	69.96	1.44	-	-
Buildings	917.54	846.88	243.78	92.57	89.07	71.68
Machinery	976.65	534.94	423.1	379.95	479.94	427.17
Construction In Progress	1,056	949.65	957.98	632.97	361.14	314.85
Leasehold Improvements	72.54	72.54	78.84	78.69	67.92	9.15

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