Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 112

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 112
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 listing expense |     |                            |           143 |   |     |   |           179 |
| Add: Change in fair value of warrant liability      |     |                            |           223 |   |     |   |             — |
| Add: Share-based compensation                       |     |                            |           298 |   |     |   |             — |
| Add: Depreciation and amortization                  |     |                            |           164 |   |     |   |           183 |
| Adjusted EBITDA                                     |     | ¥                          |          (399 | ) |     | ¥ |         1,014 |

Liquidity and Capital Resources We finance our operations primarily with our cash flows from operating activities. Our fundamental principles are to build and maintain a financial base for the purpose of maintaining soundness and efficiency of operations and achieving sustainable growth. According to these principles, we plan on conducting capital investment, profit distribution, and repayment of any loans based on our operating cash flows through the development and rendering of our crypto asset exchange services. Cash and cash equivalents mainly consist of bank deposits. As of June30, 2025, we had cash and cash equivalents of ¥10,636million. As of June30, 2025, we also had cash segregated as deposits of ¥49,843million and, as of March31, 2025, we had cash segregated as deposits of ¥51,655million. In accordance with Japanese laws and regulations, 100% of the legal tender deposited by customers is protected by trust companies. Therefore, cash deposited by customers is accounted for under different accounts depending on whether it is protected by trust companies or not. Additionally, Coincheck entered into a line of credit with our affiliate, Monex Finance Corporation, with aggregate commitments as of June30, 2025, and March31, 2025 of ¥6,000million and ¥6,000million, respectively. The balance outstanding under this agreement was ¥500million and ¥nil million as of June30, 2025 and March31, 2025, respectively. Coincheck Parent entered into its own commitment line contract of ¥2,304million as a debtor with Monex Finance Corporation in December 2024, for the purpose of stable operating capital. As of June30, 2025, the balance outstanding under this was ¥1,800million and, as of March31, 2025, the balance outstanding under this was ¥751million. In addition, Coincheck