ADforus Balance Sheet

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

Millions KRW. 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	9,800	13,529	10,703	6,668	6,251
Short-Term Investments	1,239	1,241	1,200	100	0.39
Cash & Short-Term Investments	17,016	14,770	11,903	6,768	6,252
Cash Growth	151.43%	24.09%	75.88%	8.25%	-
Accounts Receivable	5,141	4,520	5,568	7,064	2,859
Other Receivables	384.54	563.68	766.06	456.29	557.77
Receivables	5,525	5,084	6,384	7,520	3,558
Prepaid Expenses	22.02	19.13	16.6	4.94	2.6
Other Current Assets	10.98	13.93	15.23	1.74	41.12
Total Current Assets	22,574	19,887	18,319	14,295	9,854
Property, Plant & Equipment	755.04	687.44	259.12	123.12	195.94
Long-Term Investments	1,293	1,368	1,016	1,315	727.13
Goodwill	348.66	348.66	348.66	348.66	348.66
Other Intangible Assets	970.26	1,057	1,237	1,415	1,578
Long-Term Deferred Tax Assets	118.46	148.29	76.79	-	36.71
Other Long-Term Assets	4,060	4,064	4,056	5,096	5,250
Total Assets	30,170	27,610	25,362	22,673	17,990
Accounts Payable	3,797	3,041	4,303	5,143	2,052
Accrued Expenses	-	414.61	260.85	138.48	460.43
Short-Term Debt	518.99	-	-	-	4,460
Current Portion of Leases	180.25	149.27	137.8	53.82	117.44
Current Income Taxes Payable	306.65	392.03	306.72	514.18	814.49
Other Current Liabilities	575.18	798.49	1,412	447.78	339.65
Total Current Liabilities	5,378	4,796	6,421	6,297	8,244
Long-Term Debt	-	-	-	-	1,941
Long-Term Leases	141.25	160.11	11.09	1.19	55.01
Long-Term Deferred Tax Liabilities	201.23	217.77	263.81	378.69	354.42
Other Long-Term Liabilities	21.86	166.43	9.76	159.8	193
Total Liabilities	5,743	5,340	6,705	6,837	10,787
Common Stock	2,141	2,141	2,139	2,139	1,914
Additional Paid-In Capital	2,889	2,580	2,559	2,559	438.62
Retained Earnings	16,281	14,698	11,592	9,046	5,321
Comprehensive Income & Other	939.58	851.24	451.43	339.91	-1,647
Total Common Equity	22,250	20,270	16,742	14,085	6,027
Minority Interest	2,177	2,000	1,916	1,752	1,175
Shareholders' Equity	24,427	22,270	18,658	15,837	7,203
Total Liabilities & Equity	30,170	27,610	25,363	22,673	17,990
Total Debt	840.5	309.38	148.89	55.01	6,573
Net Cash (Debt)	16,175	14,460	11,754	6,713	-321.31
Net Cash Growth	140.97%	23.03%	75.10%	-	-
Net Cash Per Share	28422.07	25460.12	20677.89	11893.33	-614.88
Filing Date Shares Outstanding	0.57	0.57	0.57	0.51	0.5
Total Common Shares Outstanding	0.57	0.57	0.57	0.51	0.5
Working Capital	17,196	15,091	11,898	7,998	1,610
Book Value Per Share	39281.23	35801.81	29587.84	27764.25	12006.05
Tangible Book Value	20,931	18,864	15,156	12,321	4,101
Tangible Book Value Per Share	36952.74	33318.67	26785.73	24287.07	8168.04
Machinery	355.13	591.56	200.77	43.3	24.18

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