Spectra Systems Corporation (AIM:SPSY)

Spectra Systems Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	14.89	14.82	13.35	13.25	17.5	16.78
Cash & Short-Term Investments	14.89	14.82	13.35	13.25	17.5	16.78
Cash Growth	482.67%	10.97%	0.76%	-24.25%	4.30%	19.50%
Accounts Receivable	16.25	17.62	7.27	5.05	4.66	2.71
Other Receivables	-	0.09	0.33	0.12	0.15	0.17
Receivables	16.25	17.71	7.6	5.17	4.81	2.87
Inventory	7.63	8.03	6.21	6.51	1.6	1.94
Prepaid Expenses	1.53	0.87	1.15	1.21	0.76	0.3
Total Current Assets	40.3	41.43	28.31	26.14	24.66	21.89
Property, Plant & Equipment	12.29	13.18	14.73	17.41	3.32	2.41
Long-Term Investments	0.1	0.1	0.09	0.1	-	-
Other Intangible Assets	12.83	13.04	13.51	13.51	7.06	7.16
Long-Term Deferred Tax Assets	1.48	1.38	2.09	1.84	1.88	1.08
Long-Term Deferred Charges	-	0.04	0.05	0.07	0.08	0.09
Other Long-Term Assets	1.5	3.2	2.18	1.03	1.02	0.52
Total Assets	68.49	72.37	60.97	60.1	38.02	33.15

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3.24	4.25	3.63	2.75	0.93	0.49
Accrued Expenses	1.08	0.83	0.73	0.65	0.5	0.44
Short-Term Debt	0.82	0.39	0.45	0.56	-	-
Current Portion of Long-Term Debt	0.82	2.02	1.71	1.45	-	-
Current Portion of Leases	0.93	0.65	0.8	1.11	0.3	0.29
Current Income Taxes Payable	0.08	3.22	1.42	0.51	0.68	0.26
Current Unearned Revenue	1.36	2.72	4.97	6.06	4.63	2.18
Other Current Liabilities	6.59	0.65	0.3	0.16	-	0.08
Total Current Liabilities	14.9	14.73	14.02	13.26	7.04	3.73
Long-Term Debt	1.15	1.23	2.65	4.13	-	-
Long-Term Leases	4.28	4.48	4.97	5.28	0.97	0.74
Long-Term Unearned Revenue	0.56	0.56	0.5	1.5	1.68	0.76
Other Long-Term Liabilities	-	-	2.51	3.82	-	-
Total Liabilities	20.89	21.01	24.65	27.98	9.69	5.23

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.48	0.48	0.48	0.46	0.45	0.45
Additional Paid-In Capital	57.78	57.7	57.6	56.15	53.18	53.83
Retained Earnings	-11.17	-7.49	-21.94	-24.86	-25.73	-26.87
Treasury Stock	-0.03	-0.04	-	-	-	-
Comprehensive Income & Other	0.01	0.16	-0.38	-0.21	-0.17	-0.14
Total Common Equity	47.07	50.81	35.77	31.54	27.73	27.28
Minority Interest	0.54	0.54	0.55	0.57	0.6	0.64
Shareholders' Equity	47.61	51.36	36.33	32.11	28.32	27.92
Total Liabilities & Equity	68.49	72.37	60.97	60.1	38.02	33.15

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	8	8.78	10.58	12.53	1.27	1.03
Net Cash (Debt)	6.9	6.04	2.78	0.73	16.22	15.75
Net Cash Growth	-	117.66%	282.14%	-95.52%	3.00%	22.92%
Net Cash Per Share	0.14	0.12	0.06	0.01	0.34	0.33
Filing Date Shares Outstanding	48.36	48.28	48.24	46.01	45.01	45.3
Total Common Shares Outstanding	48.36	48.28	48.24	46.01	45.01	45.3
Working Capital	25.4	26.7	14.29	12.88	17.62	18.16
Book Value Per Share	0.97	1.05	0.74	0.69	0.62	0.60
Tangible Book Value	34.24	37.77	22.26	18.03	20.67	20.12
Tangible Book Value Per Share	0.71	0.78	0.46	0.39	0.46	0.44
Machinery	-	15.55	12.23	13.29	4.13	3.24
Leasehold Improvements	-	1.98	1.97	1.81	1.56	1.55

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 12, 2026

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