DAVOLINK Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Equivalents	9,052	2,074
Short-Term Investments	1,784	714.61
Trading Asset Securities	1,011	-
Cash & Short-Term Investments	11,847	2,789
Cash Growth	324.80%	-
Accounts Receivable	3,939	3,154
Other Receivables	3,383	6,118
Receivables	8,152	9,437
Inventory	6,128	7,622
Prepaid Expenses	170.88	37.97
Other Current Assets	2,840	1,630
Total Current Assets	29,138	21,516
Property, Plant & Equipment	2,302	2,135
Long-Term Investments	2,240	3,838
Other Intangible Assets	131.78	77.2
Other Long-Term Assets	6,402	154.91
Total Assets	40,688	28,089
Accounts Payable	1,427	2,744
Accrued Expenses	395.17	266.8
Short-Term Debt	13,563	9,307
Current Portion of Leases	287.66	182.14
Other Current Liabilities	9,458	4,093
Total Current Liabilities	25,131	16,593
Long-Term Leases	364.56	295.41
Other Long-Term Liabilities	30.96	28.97
Total Liabilities	25,527	16,917
Common Stock	5,101	4,339
Additional Paid-In Capital	34,000	25,762
Retained Earnings	-23,940	-18,930
Comprehensive Income & Other	0	0
Shareholders' Equity	15,161	11,171
Total Liabilities & Equity	40,688	28,089
Total Debt	14,216	9,785
Net Cash (Debt)	-2,369	-6,996
Net Cash Per Share	-53.43	-161.29
Filing Date Shares Outstanding	45.82	43.39
Total Common Shares Outstanding	45.82	43.39
Working Capital	4,007	4,923
Book Value Per Share	330.87	257.47
Tangible Book Value	15,029	11,094
Tangible Book Value Per Share	327.99	255.69
Land	559.01	598.26
Buildings	694.18	718.05
Machinery	5,752	5,415
Construction In Progress	50.93	-

Source: S&P Capital IQ. Standard template. Financial Sources.