GrandTech Cloud Services 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	179.42	179.36	129.79	191.25
Cash & Short-Term Investments	179.42	179.36	129.79	191.25
Cash Growth	38.24%	38.19%	-32.14%	-
Accounts Receivable	281.78	276.66	219.28	159.51
Other Receivables	2.31	1.94	0.16	0.48
Receivables	284.09	278.6	219.44	159.98
Inventory	19.75	38.57	18.81	32.6
Prepaid Expenses	210.88	230.46	181.38	131.04
Other Current Assets	1.08	2.28	2.18	0.75
Total Current Assets	695.22	729.26	551.6	515.62
Property, Plant & Equipment	10.2	10.91	15.28	9.34
Other Intangible Assets	1.27	1.42	2.08	2.76
Long-Term Deferred Tax Assets	1.74	1.78	1.59	2.62
Other Long-Term Assets	170.69	193.87	137.82	110.42
Total Assets	879.11	937.24	708.36	640.76
Accounts Payable	158.23	216.09	191.39	127.08
Short-Term Debt	70	100	-	40
Current Portion of Leases	1.78	2.05	2.74	5.9
Current Income Taxes Payable	19.82	13.08	10.22	11.91
Current Unearned Revenue	11.5	12.64	11.97	14.98
Other Current Liabilities	37.53	44.69	39.13	38.07
Total Current Liabilities	298.86	388.54	255.45	237.94
Long-Term Leases	3.04	3.43	5.47	1.01
Long-Term Unearned Revenue	-	-	-	1.17
Long-Term Deferred Tax Liabilities	0.55	0.59	0.54	1.02
Other Long-Term Liabilities	3.92	3.88	3.67	0.56
Total Liabilities	306.36	396.44	265.13	241.69
Common Stock	236.26	236.26	201.6	168
Additional Paid-In Capital	150.72	150.72	132.9	132.9
Retained Earnings	144.03	114.57	79.92	69.64
Comprehensive Income & Other	5.12	4.43	1.33	1.46
Total Common Equity	536.12	505.98	415.76	372.01
Minority Interest	36.63	34.83	27.47	27.06
Shareholders' Equity	572.75	540.8	443.23	399.07
Total Liabilities & Equity	879.11	937.24	708.36	640.76
Total Debt	74.82	105.47	8.21	46.91
Net Cash (Debt)	104.61	73.89	121.58	144.35
Net Cash Growth	-13.96%	-39.23%	-15.78%	-
Net Cash Per Share	4.43	3.14	5.23	6.43
Filing Date Shares Outstanding	23.63	23.63	23.18	22.38
Total Common Shares Outstanding	23.63	23.63	23.18	22.38
Working Capital	396.36	340.72	296.15	277.68
Book Value Per Share	22.69	21.42	17.93	16.62
Tangible Book Value	534.85	504.55	413.68	369.24
Tangible Book Value Per Share	22.64	21.36	17.84	16.50
Machinery	14.3	16.63	15.93	16.01
Leasehold Improvements	5.64	6.67	6.59	2.97

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.