GLAD CUBE 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	1,327	1,661	1,738	2,158	1,169	796
Cash & Short-Term Investments	1,327	1,661	1,738	2,158	1,169	796
Cash Growth	-17.53%	-4.43%	-19.46%	84.60%	46.86%	-
Receivables	419	415	602	412	497	238
Prepaid Expenses	-	54	24	29	16	16
Other Current Assets	231	178	208	165	153	111
Total Current Assets	1,977	2,308	2,572	2,764	1,835	1,161
Property, Plant & Equipment	28	32	18	15	15	17
Long-Term Investments	143	158	167	24	27	58
Goodwill	-	-	263	-	-	-
Other Intangible Assets	64	68	49	71	43	37
Long-Term Deferred Tax Assets	-	-	148	24	42	34
Long-Term Deferred Charges	1	2	5	8	-	-
Other Long-Term Assets	2	2	2	2	1	1
Total Assets	2,215	2,570	3,224	2,908	1,963	1,308
Accounts Payable	414	407	493	394	486	244
Accrued Expenses	110	146	99	62	77	47
Short-Term Debt	-	100	-	-	-	-
Current Portion of Long-Term Debt	261	272	265	179	110	120
Current Income Taxes Payable	119	157	156	319	386	234
Current Unearned Revenue	-	-	-	-	23	1
Other Current Liabilities	185	183	154	204	204	156
Total Current Liabilities	1,089	1,265	1,167	1,158	1,286	802
Long-Term Debt	427	555	679	432	226	256
Other Long-Term Liabilities	-	-	1	2	-	1
Total Liabilities	1,516	1,820	1,847	1,592	1,512	1,059
Common Stock	372	371	370	369	85	85
Additional Paid-In Capital	362	361	360	359	75	75
Retained Earnings	-35	17	646	587	290	88
Comprehensive Income & Other	-	1	1	1	1	1
Shareholders' Equity	699	750	1,377	1,316	451	249
Total Liabilities & Equity	2,215	2,570	3,224	2,908	1,963	1,308
Total Debt	688	927	944	611	336	376
Net Cash (Debt)	639	734	794	1,547	833	420
Net Cash Growth	-20.62%	-7.56%	-48.68%	85.71%	98.33%	-
Net Cash Per Share	76.69	89.11	93.80	201.11	112.10	56.52
Filing Date Shares Outstanding	8.42	8.3	8.2	8.06	7.43	7.43
Total Common Shares Outstanding	8.42	8.3	8.2	8.06	7.43	7.43
Working Capital	888	1,043	1,405	1,606	549	359
Book Value Per Share	82.99	90.39	167.88	163.23	60.69	33.51
Tangible Book Value	635	682	1,065	1,245	408	212
Tangible Book Value Per Share	75.39	82.19	129.85	154.42	54.91	28.53

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