Midwich Group plc (AIM:MIDW)

Midwich Group Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	49.16	56.14	25.86	15.48	25.49
Trading Asset Securities	-	-	4.63	0.36	-
Cash & Short-Term Investments	49.16	56.14	30.49	15.84	25.49
Cash Growth	-12.43%	84.14%	92.48%	-37.85%	95.81%
Accounts Receivable	174.56	185.21	193.03	109.09	92.13
Other Receivables	10.73	5.19	6.5	3.27	2.11
Receivables	185.29	190.4	199.53	112.36	94.24
Inventory	174.45	165.59	159.82	125.83	84
Prepaid Expenses	16.33	18.74	19.09	11.9	12.85
Other Current Assets	0.57	0.05	-	0.13	0.02
Total Current Assets	425.8	430.92	408.92	266.05	216.59
Property, Plant & Equipment	38.75	37.69	36.52	31.62	28.31
Long-Term Investments	0.39	0.3	-	-	-
Goodwill	60.42	51.22	35.77	21.16	15.35
Other Intangible Assets	123.55	117.01	76	51.97	43.63
Long-Term Deferred Tax Assets	0.15	0.62	2.57	2.73	2.39
Other Long-Term Assets	1.61	2.03	-	-	-
Total Assets	650.66	639.78	559.77	373.53	306.26
Accounts Payable	165.21	162.79	175.63	106.38	82.32
Accrued Expenses	48	53.13	53.59	35.82	27.69
Short-Term Debt	-	-	-	30.86	22.45
Current Portion of Long-Term Debt	38.9	44.53	40.9	0.04	5.94
Current Portion of Leases	6.15	4.61	4.05	3.15	2.75
Current Income Taxes Payable	1.34	0.18	-	2.87	0.64
Other Current Liabilities	15.88	33.99	10.97	4.68	8.44
Total Current Liabilities	275.47	299.23	285.15	183.8	150.23
Long-Term Debt	140.86	94.18	80.93	42.56	19.2
Long-Term Leases	16.68	19	19.39	17.84	15.52
Long-Term Deferred Tax Liabilities	20.57	18.92	10.58	5.07	7.01
Other Long-Term Liabilities	5.92	10.74	28.36	8.24	6.27
Total Liabilities	461.51	443.64	425.64	259.13	199.77
Common Stock	1.04	1.03	0.89	0.89	0.89
Additional Paid-In Capital	116.96	116.96	67.05	67.05	67.05
Retained Earnings	69.74	63.09	46.02	39.08	30.44
Treasury Stock	-0.62	-0.62	-0.01	-0.01	-0.01
Comprehensive Income & Other	-5.9	-7.21	6.78	-1.89	1.98
Total Common Equity	181.22	173.26	120.74	105.12	100.34
Minority Interest	7.93	22.89	13.4	9.28	6.15
Shareholders' Equity	189.15	196.14	134.13	114.4	106.49
Total Liabilities & Equity	650.66	639.78	559.77	373.53	306.26
Total Debt	202.59	162.33	145.28	94.45	65.86
Net Cash (Debt)	-153.43	-106.19	-114.79	-78.61	-40.37
Net Cash Per Share	-1.45	-1.07	-1.26	-0.87	-0.46
Filing Date Shares Outstanding	102.77	101.56	90.69	88.22	88.01
Total Common Shares Outstanding	102.47	101.56	88.38	88.22	88.01
Working Capital	150.33	131.68	123.77	82.25	66.36
Book Value Per Share	1.77	1.71	1.37	1.19	1.14
Tangible Book Value	-2.74	5.03	8.97	31.99	41.36
Tangible Book Value Per Share	-0.03	0.05	0.10	0.36	0.47
Land	5.03	5.06	0.61	0.61	0.61
Buildings	-	-	4.47	4.36	4.45
Machinery	9.59	12.39	9.89	7.89	7.15
Leasehold Improvements	3.29	3.77	3.72	2.88	2.6

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.