XCHG Limited Balance Sheet

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

Millions USD. 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	16.34	26.77	15.66	8.34	4.8
Cash & Short-Term Investments	16.34	26.77	15.66	8.34	4.8
Cash Growth	-32.65%	70.96%	87.82%	73.89%	-
Accounts Receivable	8.53	11.24	12.5	7.56	4.32
Other Receivables	3.07	2.4	0.61	0.14	0.04
Receivables	11.6	13.94	13.46	10.93	4.36
Inventory	9.7	7.68	6.66	6.23	3.23
Restricted Cash	-	-	0.03	0.33	0.03
Other Current Assets	-	6.02	3.93	2.36	1.54
Total Current Assets	42.92	54.41	39.75	28.18	13.96
Property, Plant & Equipment	4.33	2.62	1.08	0.79	0.37
Long-Term Investments	0.1	0.1	0.11	0.11	-
Other Intangible Assets	-	-	0.03	0.06	-
Total Assets	47.35	57.14	40.96	29.14	19.24
Accounts Payable	6.44	7.67	5.75	6.63	2.94
Accrued Expenses	4.09	4.38	4.51	2.64	1.68
Short-Term Debt	6.29	8.81	18.08	4.12	1.79
Current Portion of Leases	0.66	0.3	0.29	0.24	0.09
Current Unearned Revenue	2.9	3.23	1.33	2.81	1.73
Other Current Liabilities	0.14	1.8	0.77	1.55	0.82
Total Current Liabilities	20.52	26.19	30.73	17.99	9.05
Long-Term Leases	1.64	1.27	0.17	0.29	0
Other Long-Term Liabilities	0.17	0.17	0.08	0.01	0.02
Total Liabilities	22.33	27.63	30.98	18.29	9.07
Common Stock	0.02	0.02	0.01	0.01	0.02
Additional Paid-In Capital	82.79	79.88	6.56	-	-
Retained Earnings	-59.71	-52.37	-40.43	-30.83	-30.92
Comprehensive Income & Other	1.92	1.98	1.82	0.78	-1.8
Total Common Equity	25.02	29.51	-32.04	-30.05	-32.71
Shareholders' Equity	25.02	29.51	9.98	10.85	10.17
Total Liabilities & Equity	47.35	57.14	40.96	29.14	19.24
Total Debt	8.59	10.39	18.54	4.65	1.89
Net Cash (Debt)	7.74	16.38	-2.88	3.69	2.91
Net Cash Growth	-42.95%	-	-	26.81%	-
Net Cash Per Share	0.13	0.51	-0.16	0.22	0.18
Filing Date Shares Outstanding	59.45	59.45	20.16	16.41	16.41
Total Common Shares Outstanding	59.45	59.45	20.16	16.41	16.41
Working Capital	22.4	28.22	9.02	10.19	4.91
Book Value Per Share	0.42	0.50	-1.59	-1.83	-
Tangible Book Value	25.02	29.51	-32.06	-30.1	-32.71
Tangible Book Value Per Share	0.42	0.50	-1.59	-1.84	-
Machinery	-	1.7	1.3	0.88	0.89
Construction In Progress	-	0.17	-	-	-
Leasehold Improvements	-	0.63	0.6	0.57	0.6

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