VELTRA Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5,686	5,166	3,695	2,799	1,197
Cash & Short-Term Investments	5,686	5,166	3,695	2,799	1,197
Cash Growth	10.07%	39.81%	32.01%	133.83%	30.53%
Accounts Receivable	2,264	2,404	1,883	820	115
Receivables	2,264	2,404	1,883	820	115
Other Current Assets	386	276	227	59	102
Total Current Assets	8,336	7,846	5,805	3,678	1,414
Property, Plant & Equipment	33	38	35	21	17
Long-Term Investments	155	146	250	30	29
Other Intangible Assets	686	474	296	318	406
Long-Term Deferred Tax Assets	112	78	79	2	2
Other Long-Term Assets	1	2	1	2	2
Total Assets	9,323	8,584	6,466	4,051	1,870
Accounts Payable	3,651	3,261	2,573	1,219	221
Short-Term Debt	-	-	500	500	-
Current Portion of Long-Term Debt	-	-	-	-	25
Current Income Taxes Payable	341	260	208	160	91
Other Current Liabilities	2,361	2,174	1,824	791	354
Total Current Liabilities	6,353	5,695	5,105	2,670	691
Other Long-Term Liabilities	2	2	3	2	6
Total Liabilities	6,355	5,697	5,108	2,672	697
Common Stock	2,078	2,078	1,823	1,821	1,336
Additional Paid-In Capital	3,297	3,296	2,062	2,060	1,585
Retained Earnings	-2,896	-3,037	-2,629	-2,571	-1,778
Comprehensive Income & Other	167	174	86	55	19
Total Common Equity	2,646	2,511	1,342	1,365	1,162
Minority Interest	322	376	16	14	11
Shareholders' Equity	2,968	2,887	1,358	1,379	1,173
Total Liabilities & Equity	9,323	8,584	6,466	4,051	1,870
Total Debt	-	-	500	500	25
Net Cash (Debt)	5,686	5,166	3,195	2,299	1,172
Net Cash Growth	10.07%	61.69%	38.97%	96.16%	646.50%
Net Cash Per Share	154.74	141.61	89.83	66.33	35.56
Filing Date Shares Outstanding	36.6	36.6	36.48	35.52	33.81
Total Common Shares Outstanding	36.6	36.6	35.58	35.52	33.27
Working Capital	1,983	2,151	700	1,008	723
Book Value Per Share	72.30	68.61	37.72	38.43	34.92
Tangible Book Value	1,960	2,037	1,046	1,047	756
Tangible Book Value Per Share	53.55	55.66	29.40	29.48	22.72

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