VELTRA Balance Sheet

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

Millions JPY. 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	5,620	5,166	3,695	2,799	1,197	917
Cash & Short-Term Investments	5,620	5,166	3,695	2,799	1,197	917
Cash Growth	-8.59%	39.81%	32.01%	133.83%	30.53%	-76.95%
Accounts Receivable	2,235	2,404	1,883	820	115	30
Receivables	2,235	2,404	1,883	820	115	30
Other Current Assets	268	276	227	59	102	151
Total Current Assets	8,123	7,846	5,805	3,678	1,414	1,098
Property, Plant & Equipment	35	38	35	21	17	18
Long-Term Investments	221	146	250	30	29	71
Other Intangible Assets	572	474	296	318	406	528
Long-Term Deferred Tax Assets	-	78	79	2	2	2
Other Long-Term Assets	-	2	1	2	2	1
Total Assets	8,951	8,584	6,466	4,051	1,870	1,718
Accounts Payable	2,974	3,261	2,573	1,219	221	54
Short-Term Debt	-	-	500	500	-	611
Current Portion of Long-Term Debt	-	-	-	-	25	124
Current Income Taxes Payable	275	260	208	160	91	77
Other Current Liabilities	2,992	2,174	1,824	791	354	270
Total Current Liabilities	6,241	5,695	5,105	2,670	691	1,136
Long-Term Debt	-	-	-	-	-	25
Other Long-Term Liabilities	5	2	3	2	6	5
Total Liabilities	6,246	5,697	5,108	2,672	697	1,166
Common Stock	2,078	2,078	1,823	1,821	1,336	537
Additional Paid-In Capital	3,297	3,296	2,062	2,060	1,585	648
Retained Earnings	-3,116	-3,037	-2,629	-2,571	-1,778	-620
Comprehensive Income & Other	100	174	86	55	19	-13
Total Common Equity	2,359	2,511	1,342	1,365	1,162	552
Minority Interest	346	376	16	14	11	-
Shareholders' Equity	2,705	2,887	1,358	1,379	1,173	552
Total Liabilities & Equity	8,951	8,584	6,466	4,051	1,870	1,718
Total Debt	-	-	500	500	25	760
Net Cash (Debt)	5,620	5,166	3,195	2,299	1,172	157
Net Cash Growth	-0.50%	61.69%	38.97%	96.16%	646.50%	-95.68%
Net Cash Per Share	153.57	141.61	89.83	66.33	35.56	5.44
Filing Date Shares Outstanding	36.6	36.6	36.48	35.52	33.81	33.06
Total Common Shares Outstanding	36.6	36.6	35.58	35.52	33.27	28.93
Working Capital	1,882	2,151	700	1,008	723	-38
Book Value Per Share	64.46	68.61	37.72	38.43	34.92	19.08
Tangible Book Value	1,787	2,037	1,046	1,047	756	24
Tangible Book Value Per Share	48.83	55.66	29.40	29.48	22.72	0.83

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