Spectra Systems Corporation (AIM: SPSC)

Spectra Systems Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4.44	13.25	17.5	16.78	14.04	14.25
Cash & Short-Term Investments	4.44	13.25	17.5	16.78	14.04	14.25
Cash Growth	-73.20%	-24.25%	4.30%	19.50%	-1.49%	12.54%
Accounts Receivable	10.11	5.05	4.66	2.71	2.9	1.63
Other Receivables	-	0.12	0.15	0.17	0.16	0.16
Receivables	10.11	5.17	4.81	2.87	3.06	1.79
Inventory	11.17	6.51	1.6	1.94	2.79	3.08
Prepaid Expenses	1.4	1.21	0.76	0.3	0.27	0.19
Other Current Assets	0	-	-	-	-	-
Total Current Assets	27.13	26.14	24.66	21.89	20.17	19.31
Property, Plant & Equipment	16.37	17.41	3.32	2.41	2.91	2.79
Long-Term Investments	0.1	0.1	-	-	-	-
Other Intangible Assets	13.33	13.51	7.06	7.16	7.2	6.35
Long-Term Deferred Tax Assets	1.84	1.84	1.88	1.08	1.4	1.4
Long-Term Deferred Charges	-	0.07	0.08	0.09	0.11	0.12
Other Long-Term Assets	2.6	1.03	1.02	0.52	1.12	1.36
Total Assets	61.38	60.1	38.02	33.15	32.9	31.33
Accounts Payable	3.15	2.75	0.93	0.49	0.53	0.36
Accrued Expenses	2.49	0.81	0.5	0.44	0.41	0.41
Short-Term Debt	-	0.56	-	-	-	-
Current Portion of Long-Term Debt	-	1.45	-	-	-	-
Current Portion of Leases	0.57	1.11	0.3	0.29	0.27	0.19
Current Income Taxes Payable	0.08	0.51	0.68	0.26	0.22	0.2
Current Unearned Revenue	7.79	6.06	4.63	2.18	1.67	1.22
Other Current Liabilities	-	-	-	0.08	0.07	0.23
Total Current Liabilities	14.07	13.26	7.04	3.73	3.17	2.61
Long-Term Debt	4.8	4.13	-	-	-	-
Long-Term Leases	5.57	5.28	0.97	0.74	0.96	0.95
Long-Term Unearned Revenue	1.33	1.5	1.68	0.76	0.55	0.67
Other Long-Term Liabilities	2.53	3.82	-	-	-	-
Total Liabilities	28.3	27.98	9.69	5.23	4.68	4.22
Common Stock	0.48	0.46	0.45	0.45	0.46	0.46
Additional Paid-In Capital	57.5	56.15	53.18	53.83	54.89	55.5
Retained Earnings	-25.21	-24.86	-25.73	-26.87	-27.73	-28.73
Treasury Stock	-	-	-	-	-	-0
Comprehensive Income & Other	-0.26	-0.21	-0.17	-0.14	-0.14	-0.12
Total Common Equity	32.51	31.54	27.73	27.28	27.48	27.11
Minority Interest	0.57	0.57	0.6	0.64	0.74	-
Shareholders' Equity	33.08	32.11	28.32	27.92	28.22	27.11
Total Liabilities & Equity	61.38	60.1	38.02	33.15	32.9	31.33
Total Debt	10.94	12.53	1.27	1.03	1.23	1.14
Net Cash (Debt)	-6.5	0.73	16.22	15.75	12.81	13.11
Net Cash Growth	-	-95.52%	3.00%	22.92%	-2.30%	3.57%
Net Cash Per Share	-0.13	0.01	0.34	0.33	0.26	0.27
Filing Date Shares Outstanding	48.23	46.01	45.01	45.3	45.55	45.9
Total Common Shares Outstanding	48.23	46.01	45.01	45.3	45.55	45.9
Working Capital	13.06	12.88	17.62	18.16	17	16.71
Book Value Per Share	0.67	0.69	0.62	0.60	0.60	0.59
Tangible Book Value	19.18	18.03	20.67	20.12	20.28	20.76
Tangible Book Value Per Share	0.40	0.39	0.46	0.44	0.45	0.45
Machinery	-	13.29	4.13	3.24	3.31	2.92
Leasehold Improvements	-	1.81	1.56	1.55	1.53	1.53

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