Founder Group Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
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
Cash & Equivalents	23.04	13.9	5.6	8.23	1.29
Cash & Short-Term Investments	23.04	13.9	5.6	8.23	1.29
Cash Growth	129.58%	148.24%	-31.97%	538.22%	-
Accounts Receivable	48.46	53.9	67.31	22.26	3.41
Other Receivables	2.1	0.86	0.94	0.11	3.78
Receivables	50.56	54.76	68.25	22.37	7.18
Inventory	1.38	3.05	1.86	1.59	0.62
Other Current Assets	17.68	12.7	3.55	1.61	0.07
Total Current Assets	92.66	84.42	79.26	33.8	9.16
Property, Plant & Equipment	26.51	27.32	1.88	0.55	0.81
Long-Term Accounts Receivable	2.2	2.48	2.67	-	-
Long-Term Deferred Tax Assets	0.61	0.07	0.07	-	-
Total Assets	121.97	114.29	83.87	34.36	9.97
Accounts Payable	25.15	27.4	38.42	18.59	5.19
Accrued Expenses	0.35	0.68	0.35	0.28	0.01
Short-Term Debt	9.15	1.47	-	4.38	0.45
Current Portion of Long-Term Debt	35.39	31.4	23.9	-	-
Current Portion of Leases	0.46	0.36	0.14	0.1	0.09
Current Income Taxes Payable	-	0	1.71	0.16	0.11
Current Unearned Revenue	-	-	-	0.83	0.2
Other Current Liabilities	15.57	33.3	3.68	2.25	0.01
Total Current Liabilities	86.07	94.6	68.2	26.59	6.05
Long-Term Debt	17.94	1.93	0.81	-	-
Long-Term Leases	0.65	0.64	0.07	0.05	0.15
Long-Term Deferred Tax Liabilities	-	-	-	0.08	0.08
Total Liabilities	104.66	97.17	69.08	26.72	6.27
Common Stock	9.81	7.43	0.07	0.07	0.07
Retained Earnings	5.93	7.86	13.01	5.86	1.92
Comprehensive Income & Other	1.57	1.84	1.71	1.71	1.7
Shareholders' Equity	17.31	17.12	14.79	7.64	3.69
Total Liabilities & Equity	121.97	114.29	83.87	34.36	9.97
Total Debt	63.58	35.79	24.92	4.53	0.68
Net Cash (Debt)	-40.55	-21.89	-19.32	3.7	0.61
Net Cash Growth	-	-	-	510.41%	-
Net Cash Per Share	-2.13	-1.24	-1.23	0.24	0.04
Filing Date Shares Outstanding	18.45	17.67	15.7	15.7	15.7
Total Common Shares Outstanding	18.45	17.67	15.7	15.7	15.7
Working Capital	6.58	-10.18	11.06	7.21	3.11
Book Value Per Share	0.94	0.97	0.94	0.49	0.24
Tangible Book Value	17.31	17.12	14.79	7.64	3.69
Tangible Book Value Per Share	0.94	0.97	0.94	0.49	0.24
Machinery	26.81	26.25	2.45	1.03	0.88
Construction In Progress	0.71	0.64	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q