MicroAd Balance Sheet

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	2,454	2,354	2,478	2,984	3,295	2,161
Short-Term Investments	229	157	-	-	-	-
Cash & Short-Term Investments	2,683	2,511	2,478	2,984	3,295	2,161
Cash Growth	34.35%	1.33%	-16.96%	-9.44%	52.48%	11.85%
Accounts Receivable	2,601	2,197	1,648	1,494	1,599	1,430
Receivables	2,601	2,441	1,813	1,519	1,635	1,459
Inventory	-	1	1	13	14	-
Other Current Assets	546	366	633	503	85	74
Total Current Assets	5,830	5,319	4,925	5,019	5,029	3,694
Property, Plant & Equipment	494	513	549	368	215	186
Long-Term Investments	1,685	1,150	782	628	136	183
Goodwill	1,278	1,000	1,126	73	-	-
Other Intangible Assets	594	596	726	573	355	145
Long-Term Deferred Tax Assets	-	512	164	174	189	9
Other Long-Term Assets	2	1	2	1	1	2
Total Assets	9,883	9,149	8,394	6,844	5,925	4,229
Accounts Payable	1,696	1,480	1,215	1,151	1,304	1,207
Short-Term Debt	2,864	2,480	2,180	1,180	880	880
Current Portion of Long-Term Debt	19	19	19	-	-	-
Current Portion of Leases	-	26	25	13	26	28
Current Income Taxes Payable	107	159	75	101	112	95
Other Current Liabilities	677	804	654	588	674	473
Total Current Liabilities	5,363	4,968	4,168	3,033	2,996	2,683
Long-Term Debt	181	185	205	-	-	-
Long-Term Leases	-	13	35	-	12	30
Long-Term Deferred Tax Liabilities	-	-	-	-	1	-
Other Long-Term Liabilities	101	88	90	83	45	46
Total Liabilities	5,645	5,254	4,498	3,116	3,054	2,759
Common Stock	1,033	1,033	1,012	990	916	476
Additional Paid-In Capital	1,185	1,181	1,554	1,540	1,466	1,070
Retained Earnings	1,487	1,183	615	332	-232	-714
Treasury Stock	-96	-112	-	-	-	-
Comprehensive Income & Other	256	244	99	245	172	95
Total Common Equity	3,865	3,529	3,280	3,107	2,322	927
Minority Interest	373	366	616	621	549	543
Shareholders' Equity	4,238	3,895	3,896	3,728	2,871	1,470
Total Liabilities & Equity	9,883	9,149	8,394	6,844	5,925	4,229
Total Debt	3,064	2,723	2,464	1,193	918	938
Net Cash (Debt)	-381	-212	14	1,791	2,377	1,223
Net Cash Growth	-	-	-99.22%	-24.65%	94.36%	48.24%
Net Cash Per Share	-13.85	-7.72	0.50	62.90	92.72	49.61
Filing Date Shares Outstanding	27.36	27.36	27.71	27.48	26.76	12.34
Total Common Shares Outstanding	27.36	27.34	27.62	27.47	26.76	12.34
Working Capital	467	351	757	1,986	2,033	1,011
Book Value Per Share	141.24	129.07	118.74	113.10	86.76	75.15
Tangible Book Value	1,993	1,933	1,428	2,461	1,967	782
Tangible Book Value Per Share	72.83	70.70	51.69	89.59	73.50	63.39

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