← Viking Holdings Ltd
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | — | — | — | — | $2.2b | $2.4b | $3.2b | $4.5b | |
| Cash and cash equivalents | — | $3.2m | $607k | $102.2m | $85.9m | $1.5b | $2.5b | $3.8b | |
| Accounts and other receivables | — | — | — | — | — | $344.8m | $238.8m | $142.0m | |
| Inventories | — | $21.0m | — | $404k | $31k | $54.6m | $91.5m | $95.8m | |
| Prepaid expenses and other current assets | — | — | — | — | — | $427.2m | $396.4m | $461.2m | |
| Accounts receivable | $1.5m | $219k | — | $31.0m | $33.8m | $50.0m | $102.8m | $82.3m | |
| Income tax receivable | — | — | — | $0 | $848k | — | — | — | |
| Prepaid expenses and other | — | — | — | $3.3m | $3.2m | — | — | — | |
| Prepayment for vehicle purchase and other current assets, net | $38.7m | $27.6m | $441k | $53.3m | $26.3m | $597k | $557k | $97k | |
| Subscription receivable | — | — | — | — | — | ($17.9m) | ($17.9m) | ($17.9m) | |
| Other receivables, net | — | — | — | — | $8.8m | $1.5m | — | — | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | $1.3b | $1.4b | $2.3b | $3.6b | |
| Cash Equivalents | — | — | — | — | $39.7m | $32.3m | $21.8m | $25.5m | |
| Non Current Prepaid Assets | — | — | — | — | $127.9m | $123.0m | $105.6m | $113.5m | |
| Other Current Assets | — | — | — | — | $227.1m | $330.9m | $385.9m | $400.6m | |
| Other Inventories | — | — | — | — | — | — | $32.0m | $27.5m | |
| Other Receivables | — | — | — | — | $491.7m | $252.8m | $103.4m | $23.7m | |
| Other Short Term Investments | — | — | — | $100.9m | $20.5m | $20.5m | — | — | |
| Prepaid Assets | — | — | — | — | $20.5m | $20.5m | $10.5m | $20.0m | |
| Taxes Receivable | — | — | — | — | $34.1m | $42.0m | $32.8m | $36.1m | |
| Total current assets | $115.4m | $52.0m | $1.8m | $136.5m | $123.7m | $2.4b | $3.2b | $4.5b | |
| Long-term investment | — | — | — | — | — | — | $393k | $352k | |
| Property, plant and equipment and intangible assets | $813k | $153k | $1k | $5.4m | $7.1m | $5.8b | $6.5b | $7.3b | |
| Goodwill | — | — | — | — | — | $8.0m | $8.0m | $8.0m | |
| Intangible assets (note 4) | — | — | — | $3.0m | $5.2m | — | — | — | |
| Goodwill (note 5) | $75.0m | — | — | $4.9m | $4.9m | $38.2m | $0 | $21.2m | |
| Intangible assets, net | — | — | $293k | $14.6m | $12.9m | $24.4m | $20.7m | $10.1m | |
| Goodwill And Other Intangible Assets | — | — | — | — | $65.9m | $62.1m | $61.1m | $86.7m | |
| Right-of-use assets | — | — | — | — | — | $268.8m | $263.4m | $278.8m | |
| Operating lease right-of-use assets | — | $2.3m | $74k | $561k | $428k | $389k | $255k | $108k | |
| Additional Financial Items | |||||||||
| Decrease Increase Through Tax On Share-Based Payment Transactions | — | — | — | — | — | $27.0m | $20.9m | $9.4m | |
| Deferred Tax Assets | — | — | — | $82k | $449k | $42.9m | $55.4m | $55.2m | |
| Issued Capital | — | — | — | — | — | $2.3m | $4.5m | $4.5m | |
| Trade And Other Current Payables | — | — | — | — | — | $244.6m | $236.4m | $259.0m | |
| Trade And Other Current Receivables | — | — | — | — | — | $344.8m | $238.8m | $142.0m | |
| Unused Tax Losses For Which No Deferred Tax Asset Recognised | — | — | — | — | — | — | — | $36.4m | |
| Investments in associated companies | — | — | — | — | — | $10.5m | $12.7m | — | |
| Other non-current assets | — | — | — | $0 | $248k | $136.9m | $115.5m | $140.6m | |
| Current receivables due from related parties | — | — | — | — | — | $12.3m | $250k | — | |
| Share capital | — | — | — | — | — | $2.3m | $4.5m | $4.5m | |
| Share premium | — | — | — | — | — | ($44.6m) | $5.0b | $5.0b | |
| Treasury shares | — | — | — | — | — | $0 | ($124.1m) | ($124.1m) | |
| Other paid-in equity | — | — | — | — | — | $178.5m | $213.3m | $311.2m | |
| Other components of equity | — | — | — | — | — | $13.4m | ($36.1m) | $36.1m | |
| Retained losses | — | — | — | — | — | ($5.4b) | ($5.3b) | ($4.2b) | |
| Equity attributable to shareholders of Viking Holdings Ltd | — | — | — | — | — | ($5.3b) | ($222.7m) | $1.1b | |
| Secured Notes | — | — | — | — | — | $1.0b | $1.0b | — | |
| Long-term portion of Unsecured Notes | — | — | — | — | — | $2.3b | $2.0b | — | |
| Private Placement liability | — | — | — | — | — | $1.4b | $0 | — | |
| Private Placement derivative | — | — | — | — | — | $2.6b | $0 | — | |
| Long-term portion of lease liabilities | — | — | — | $2.1m | $3.8m | $228.0m | $207.6m | $212.4m | |
| Other non-current liabilities | — | — | — | — | $1.4b | $175.4m | $45.3m | $54.3m | |
| Short-term portion of Unsecured Notes | — | — | — | — | — | $0 | $249.7m | — | |
| Short-term portion of lease liabilities | — | — | — | $2.1m | $2.9m | $24.7m | $28.9m | $26.5m | |
| Deferred revenue | — | — | — | — | $3.3b | $3.5b | $4.1b | $4.6b | |
| Accrued expenses and other current liabilities | $10.6m | $17.3m | $6k | $14.5m | $9.4m | $355.0m | $424.1m | $452.0m | |
| Non-current portion | — | — | — | $3.9m | $191k | — | — | — | |
| Income tax payable | $7.6m | $5.3m | $4k | $910k | $43k | $764k | $68k | — | |
| Borrowings (note 16) | — | — | — | $2.9m | $4.0m | — | — | — | |
| Short-term operating lease liabilities | — | $1.8m | $39k | $85k | $119k | $126k | $141k | $94k | |
| Contract liabilities | $4.1m | $1.7m | $410k | $553k | — | — | $77k | $6k | |
| Convertible notes | — | — | — | $2.0m | $4.3m | $2.4m | $635k | — | |
| Amounts due to related parties | $5.0m | $4.1m | $10k | $295k | $1.6m | $2.3m | $355k | $233k | |
| Warrant liability | — | — | $1.7m | $340k | $24k | $232k | $22k | — | |
| Long-term operating lease liabilities | $0 | $810k | $26k | $431k | $311k | $238k | $90k | — | |
| Ordinary shares | $2k | $5k | $4k | $8k | $11k | $37k | $297k | $31.7m | |
| Statutory reserve | $4.0m | $4.0m | $8k | $8k | $8k | $8k | $8k | $8k | |
| Payable for sales incentive | — | — | — | — | $1.6m | $417k | $0 | — | |
| Cash | $8.0m | $3.2m | — | — | — | — | — | — | |
| Contingent consideration (including contingent consideration of the consolidated VIEs without recourse to Kaixin Auto Holdings of $11,929 and $nil as of December 31, 2018 and 2019, respectively) | $11.9m | $0 | — | — | — | — | — | — | |
| Lease liabilities - current (including lease liabilities - current of the consolidated VIEs without recourse to Kaixin Auto Holdings of $nil and $1,224 as of December 31, 2018 and 2019, respectively) | $0 | $1.8m | — | — | — | — | — | — | |
| Long-term contingent consideration (including long-term contingent consideration of the consolidated VIEs without recourse to Kaixin Auto Holdings of $88,098 and $nil as of December 31, 2018 and 2019, respectively) | $93.7m | $0 | — | — | — | — | — | — | |
| Accumulated Depreciation | — | — | — | — | ($1.3b) | ($1.6b) | ($1.8b) | ($2.0b) | |
| Buildings And Improvements | — | — | — | — | $69.2m | $77.1m | $74.4m | $95.5m | |
| Capital Lease Obligations | — | — | — | — | $262.4m | $252.6m | $236.5m | $238.9m | |
| Cash Financial | — | — | — | — | $1.2b | $1.3b | $2.3b | $3.6b | |
| Construction In Progress | — | — | — | — | $230.1m | $420.6m | $722.7m | $964.4m | |
| Current Accrued Expenses | — | — | — | — | $210.9m | $279.1m | $314.5m | $350.5m | |
| Current Capital Lease Obligation | — | — | — | — | $23.0m | $24.7m | $28.9m | $26.5m | |
| Current Debt | — | — | — | — | $251.6m | $253.0m | $469.8m | $374.6m | |
| Current Debt And Capital Lease Obligation | — | — | — | — | $274.6m | $277.7m | $498.7m | $401.1m | |
| Current Deferred Liabilities | — | — | — | — | $3.3b | $3.5b | $4.1b | $4.6b | |
| Current Provisions | — | — | — | — | $24.4m | $9.6m | $15.0m | $15.7m | |
| Derivative Product Liabilities | — | — | — | — | $660.3m | $2.8b | $15.0m | $0 | |
| Duefrom Related Parties Current | — | — | — | $10.0m | $10.5m | $12.3m | $250k | — | |
| Dueto Related Parties Current | — | — | — | $522k | $627k | $0 | — | — | |
| Employee Benefits | — | — | — | $1.1m | $122k | — | — | — | |
| Gross PPE | — | — | — | — | $6.8b | $7.5b | $8.4b | $9.5b | |
| Hedging Assets Current | — | — | — | — | $40.6m | $0 | $0 | $40.6m | |
| Interest Payable | — | — | — | — | $75.1m | $97.4m | $90.6m | $95.1m | |
| Invested Capital | — | — | — | — | $1.7b | $23.1m | $5.1b | $6.6b | |
| Investments And Advances | — | — | — | — | $6.5m | $10.5m | $12.7m | $19.6m | |
| Investmentsin Associatesat Cost | — | — | — | — | $6.5m | $10.5m | $12.7m | $19.6m | |
| Land And Improvements | — | — | — | — | $17.8m | $21.8m | $96.9m | $114.1m | |
| Long Term Capital Lease Obligation | — | — | — | — | $239.4m | $228.0m | $207.6m | $212.4m | |
| Long Term Equity Investment | — | — | — | — | $6.5m | $10.5m | $12.7m | $19.6m | |
| Machinery Furniture Equipment | — | — | — | — | $6.4b | $6.9b | $7.5b | $8.3b | |
| Net Debt | — | — | — | — | $3.9b | $3.9b | $3.0b | $1.9b | |
| Net PPE | — | — | — | — | $5.5b | $6.0b | $6.7b | $7.4b | |
| Net Tangible Assets | — | — | — | — | ($3.6b) | ($5.3b) | ($283.8m) | $1.0b | |
| Non Current Deferred Assets | — | — | — | — | $16.2m | $42.9m | $55.4m | $55.2m | |
| Non Current Deferred Liabilities | — | — | — | — | $5.3m | $4.1m | $4.7m | $6.3m | |
| Non Current Deferred Taxes Assets | — | — | — | — | $16.2m | $42.9m | $55.4m | $55.2m | |
| Ordinary Shares Number | — | — | — | — | $431.5m | $431.5m | $442.7m | $445.7m | |
| Other Current Borrowings | — | — | — | — | $251.6m | $253.0m | $469.8m | $374.6m | |
| Other Current Liabilities | — | — | — | — | $61.0m | $48.1m | $66.7m | $39.6m | |
| Other Equity Interest | — | — | — | — | $140.1m | $191.9m | $177.2m | $347.3m | |
| Other Properties | — | — | — | — | $73.4m | $67.3m | $13.8m | $16.4m | |
| Properties | — | — | — | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | — | — | — | $45.4m | $54.6m | $59.4m | $68.3m | |
| Restricted Cash | — | — | — | — | $0 | $224.0m | $147.3m | $156.1m | |
| Share Issued | — | — | — | — | $431.5m | $431.5m | $447.9m | $450.9m | |
| Tangible Book Value | — | — | — | — | ($3.6b) | ($5.3b) | ($283.8m) | $1.0b | |
| Tradeand Other Payables Non Current | — | — | — | — | $13.1m | $31.7m | $21.6m | $31.5m | |
| Treasury Shares Number | — | — | — | — | — | — | $5.2m | $5.2m | |
| Working Capital | — | — | — | — | ($1.9b) | ($2.0b) | ($2.0b) | ($1.2b) | |
| Total non-current assets | $75.8m | $2.4m | $4.8m | $15.2m | $13.4m | $6.2b | $6.9b | $7.7b | |
| Total shareholders' equity | — | — | — | $113.1m | $103.1m | ($5.3b) | ($219.0m) | $1.1b | |
| Total non-current liabilities | $93.7m | $810k | $26k | $6.7m | $311k | $9.5b | $5.1b | $5.4b | |
| Total shareholders' equity and liabilities | — | — | — | $149.8m | $141.6m | $8.6b | $10.1b | $12.2b | |
| TOTAL KAIXIN HOLDINGS' SHAREHOLDERS' EQUITY | ($102.1m) | ($4.6m) | $6.2m | $29.7m | $31.3m | $45.6m | $13.2m | $21.9m | |
| TOTAL EQUITY | ($69.7m) | $2.5m | $6.2m | $38.1m | $35.5m | $49.0m | $13.2m | $21.9m | |
| Total Capitalization | — | — | — | — | $1.4b | ($229.9m) | $4.6b | $6.2b | |
| Total Debt | — | — | — | — | $5.5b | $5.5b | $5.6b | $5.7b | |
| Total Tax Payable | — | — | — | — | $14.9m | $18.2m | $27.9m | $46.3m | |
| Total Assets | $191.2m | $54.4m | $6.6m | $149.8m | $141.6m | $8.6b | $10.1b | $12.2b | |
| Current Liabilities | — | — | — | — | $4.1b | $4.4b | $5.2b | $5.7b | |
| Accounts payables | — | — | — | $24.9m | $26.5m | $244.6m | $236.4m | $259.0m | |
| Current portion of long-term debt | — | — | — | — | — | $253.0m | $220.1m | $374.6m | |
| Accounts Payable | — | — | — | — | $194.9m | $244.6m | $236.4m | $259.0m | |
| Payables And Accrued Expenses | — | — | — | — | $421.3m | $541.9m | $578.8m | $655.8m | |
| Total current liabilities | $167.2m | $51.0m | $430k | $30.8m | $33.5m | $4.4b | $5.2b | $5.7b | |
| Deferred Tax Liabilities | — | — | — | — | — | $4.1m | $4.7m | $6.3m | |
| Deferred Tax Liability Asset | — | — | — | — | — | ($38.8m) | ($50.7m) | ($48.9m) | |
| Long-term debt | — | — | — | — | $4.9b | $1.8b | $1.8b | $5.1b | |
| Deferred tax liability (note 17) | — | — | — | $0 | $1.1m | — | — | — | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | $5.2b | $5.3b | $5.1b | $5.3b | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | $5.3m | $4.1m | $4.7m | $6.3m | |
| Non Current Pension And Other Postretirement Benefit Plans | — | — | — | $1.1m | $122k | — | — | — | |
| Total liabilities | $261.0m | $51.9m | $430k | $36.8m | $38.5m | $18.6m | $11.5m | $11.1m | |
| Preferred Stock, Value, Issued | — | — | — | $1k | $3k | $2k | $4k | $3k | |
| Additional paid-in capital | $38.6m | $186.4m | $7.6m | $227.3m | $312.8m | $399.1m | $406.3m | $437.6m | |
| Accumulated deficit | ($146.1m) | ($192.2m) | ($1.7m) | ($198.3m) | ($283.0m) | ($336.6m) | ($377.5m) | ($431.4m) | |
| Accumulated other comprehensive income | $1.4m | ($2.8m) | $242k | $637k | $1.5m | $890k | $2.0m | $2.0m | |
| Capital Stock | — | — | — | — | $2.3m | $2.3m | $4.5m | $4.5m | |
| Common Stock Equity | — | — | — | — | ($3.5b) | ($5.3b) | ($222.7m) | $1.1b | |
| Retained Earnings | — | — | — | — | ($3.6b) | ($5.4b) | ($5.3b) | ($4.2b) | |
| Treasury Stock | — | — | — | — | — | $0 | $124.1m | $124.1m | |
| Noncontrolling Interests | — | — | — | $8.4m | $4.2m | $3.7m | $3.8m | $27.6m | |
| Noncontrolling interest | $32.4m | $7.1m | $7.6m | — | — | — | — | — | |
| Minority Interest | — | — | — | — | $3.3m | $3.7m | $3.8m | $27.6m | |
| Total Equity Gross Minority Interest | — | — | — | — | ($3.5b) | ($5.3b) | ($219.0m) | $1.1b | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | $7.3b | $9.5b | $5.1b | $5.4b | |
| TOTAL LIABILITIES AND EQUITY | $191.2m | $54.4m | $6.6m | $74.2m | $55.7m | $67.6m | $24.6m | $33.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.