Global Tax Free Co., Ltd. (KOSDAQ:204620)

Global Tax Free Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	86,198	76,273	48,823	58,102	38,962	44,356
Short-Term Investments	-	-	6,600	8,288	-	-
Trading Asset Securities	9,106	11,998	13,198	4,906	19,904	-
Cash & Short-Term Investments	95,304	88,271	68,621	71,296	58,866	44,356
Cash Growth	12.08%	28.63%	-3.75%	21.12%	32.71%	-40.85%
Accounts Receivable	511.2	634.61	676.23	3,548	6,967	991.26
Other Receivables	43,749	39,891	41,445	15,740	2,216	2,324
Receivables	44,260	40,526	44,122	20,788	9,185	3,322
Inventory	1,380	1,385	1,438	1,655	1,439	2,089
Prepaid Expenses	158.45	121.27	122.35	117.96	143.17	321.08
Other Current Assets	3,318	4,751	5,343	3,407	2,181	2,112
Total Current Assets	144,421	135,053	119,646	97,265	71,814	52,200
Property, Plant & Equipment	2,544	2,616	1,399	1,452	2,910	4,714
Long-Term Investments	12,396	20,196	25,164	24,584	25,089	31,067
Goodwill	4,921	4,921	7,070	7,647	11,174	9,898
Other Intangible Assets	3,630	3,183	3,489	7,293	9,596	7,257
Long-Term Deferred Tax Assets	2,226	2,226	2,737	-	15.59	-
Other Long-Term Assets	6,113	6,342	7,426	7,118	9,389	1,332
Total Assets	176,250	174,537	166,932	145,359	129,987	106,469
Accounts Payable	-	22,152	24,739	13,454	-	-
Accrued Expenses	4,899	5,002	4,168	2,366	2,676	2,046
Short-Term Debt	3,240	4,090	7,736	7,858	11,716	7,401
Current Portion of Leases	585.06	734.69	750.24	971.09	1,121	1,437
Current Income Taxes Payable	1,609	1,289	1,026	351.62	465.2	3.2
Current Unearned Revenue	2,686	2,970	2,832	2,257	2,015	32.06
Other Current Liabilities	26,525	4,747	11,000	5,839	19,851	9,455
Total Current Liabilities	39,544	40,984	52,252	33,095	37,844	20,374
Long-Term Debt	-	-	653.21	1,406	-	-
Long-Term Leases	506.29	507.8	467.6	538.66	1,476	1,263
Long-Term Unearned Revenue	236.92	971.96	1,361	-	-	-
Long-Term Deferred Tax Liabilities	82.49	109.99	260.18	1,210	2,157	1,475
Other Long-Term Liabilities	3,657	3,592	3,344	3,503	1,131	2,557
Total Liabilities	44,027	46,166	58,337	39,753	42,609	25,670
Common Stock	35,142	30,558	28,024	26,630	24,368	19,398
Additional Paid-In Capital	109,100	113,951	95,715	84,583	72,196	57,149
Retained Earnings	-24,183	-29,490	-32,018	-23,323	-12,129	13,766
Treasury Stock	-4,041	-4,005	-5.24	-5.24	-2,765	-15,881
Comprehensive Income & Other	-1,424	-1,335	-2,230	-1,069	-5,732	-3,691
Total Common Equity	114,594	109,679	89,485	86,815	75,938	70,742
Minority Interest	17,628	18,692	19,110	18,792	11,440	10,058
Shareholders' Equity	132,223	128,371	108,595	105,607	87,378	80,799
Total Liabilities & Equity	176,250	174,537	166,932	145,359	129,987	106,469
Total Debt	4,332	5,332	9,607	10,773	14,313	10,101
Net Cash (Debt)	90,973	82,938	59,014	60,523	44,552	34,255
Net Cash Growth	18.76%	40.54%	-2.49%	35.85%	30.06%	-34.08%
Net Cash Per Share	1317.95	1220.79	915.93	1032.57	832.75	819.64
Filing Date Shares Outstanding	70.27	70.22	64.4	63.05	55.55	42.58
Total Common Shares Outstanding	70.27	70.22	64.4	61.19	55.55	42.58
Working Capital	104,876	94,069	67,395	64,169	33,970	31,826
Book Value Per Share	1630.71	1561.90	1389.58	1418.67	1366.91	1661.55
Tangible Book Value	106,044	101,575	78,926	71,874	55,169	53,586
Tangible Book Value Per Share	1509.03	1446.50	1225.61	1174.52	993.06	1258.60
Land	70.77	70.77	70.77	70.77	688.38	-
Buildings	109.72	109.72	109.72	109.72	752.24	-
Machinery	8,663	8,500	7,361	7,275	6,847	7,275

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.