Spectra Systems Corporation (AIM:SPSY)

Spectra Systems Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.56	13.35	13.25	17.5	16.78	14.04
Cash & Short-Term Investments	2.56	13.35	13.25	17.5	16.78	14.04
Cash Growth	-42.48%	0.76%	-24.25%	4.30%	19.50%	-1.49%
Accounts Receivable	16.99	3.27	5.05	4.66	2.71	2.9
Other Receivables	-	4.33	0.12	0.15	0.17	0.16
Receivables	16.99	7.6	5.17	4.81	2.87	3.06
Inventory	9.15	6.21	6.51	1.6	1.94	2.79
Prepaid Expenses	0.83	1.15	1.21	0.76	0.3	0.27
Total Current Assets	29.53	28.31	26.14	24.66	21.89	20.17
Property, Plant & Equipment	14.73	14.73	17.41	3.32	2.41	2.91
Long-Term Investments	0.1	0.09	0.1	-	-	-
Other Intangible Assets	13.8	13.51	13.51	7.06	7.16	7.2
Long-Term Deferred Tax Assets	1.02	2.09	1.84	1.88	1.08	1.4
Long-Term Deferred Charges	-	0.05	0.07	0.08	0.09	0.11
Other Long-Term Assets	5.07	2.18	1.03	1.02	0.52	1.12
Total Assets	64.24	60.97	60.1	38.02	33.15	32.9
Accounts Payable	4.99	3.63	2.75	0.93	0.49	0.53
Accrued Expenses	0.98	0.73	0.65	0.5	0.44	0.41
Short-Term Debt	1.25	0.45	0.56	-	-	-
Current Portion of Long-Term Debt	1.87	1.71	1.45	-	-	-
Current Portion of Leases	0.33	0.8	1.11	0.3	0.29	0.27
Current Income Taxes Payable	1.59	1.42	0.51	0.68	0.26	0.22
Current Unearned Revenue	2.03	4.97	6.06	4.63	2.18	1.67
Other Current Liabilities	-	0.3	0.16	-	0.08	0.07
Total Current Liabilities	13.03	14.02	13.26	7.04	3.73	3.17
Long-Term Debt	1.85	2.65	4.13	-	-	-
Long-Term Leases	5.34	4.97	5.28	0.97	0.74	0.96
Long-Term Unearned Revenue	-	0.5	1.5	1.68	0.76	0.55
Other Long-Term Liabilities	2.51	2.51	3.82	-	-	-
Total Liabilities	22.73	24.65	27.98	9.69	5.23	4.68
Common Stock	0.48	0.48	0.46	0.45	0.45	0.46
Additional Paid-In Capital	57.65	57.6	56.15	53.18	53.83	54.89
Retained Earnings	-17.47	-21.94	-24.86	-25.73	-26.87	-27.73
Comprehensive Income & Other	0.29	-0.38	-0.21	-0.17	-0.14	-0.14
Total Common Equity	40.96	35.77	31.54	27.73	27.28	27.48
Minority Interest	0.55	0.55	0.57	0.6	0.64	0.74
Shareholders' Equity	41.51	36.33	32.11	28.32	27.92	28.22
Total Liabilities & Equity	64.24	60.97	60.1	38.02	33.15	32.9
Total Debt	10.64	10.58	12.53	1.27	1.03	1.23
Net Cash (Debt)	-8.08	2.78	0.73	16.22	15.75	12.81
Net Cash Growth	-	282.14%	-95.52%	3.00%	22.92%	-2.30%
Net Cash Per Share	-0.17	0.06	0.01	0.34	0.33	0.26
Filing Date Shares Outstanding	48.27	48.24	46.01	45.01	45.3	45.55
Total Common Shares Outstanding	48.27	48.24	46.01	45.01	45.3	45.55
Working Capital	16.5	14.29	12.88	17.62	18.16	17
Book Value Per Share	0.85	0.74	0.69	0.62	0.60	0.60
Tangible Book Value	27.16	22.26	18.03	20.67	20.12	20.28
Tangible Book Value Per Share	0.56	0.46	0.39	0.46	0.44	0.45
Machinery	-	12.23	13.29	4.13	3.24	3.31
Leasehold Improvements	-	1.97	1.81	1.56	1.55	1.53

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.