Mare Engineering Group Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.99	0.99	3.04	6.18	3
Short-Term Investments	0.18	0.18	0.23	0.61	-
Cash & Short-Term Investments	1.17	1.17	3.27	6.79	3
Cash Growth	-64.20%	-64.20%	-51.86%	126.45%	-
Accounts Receivable	18.99	18.99	19.31	15.26	8.27
Other Receivables	10.81	10.81	10.44	7.72	7.25
Receivables	29.8	29.8	29.75	22.99	15.52
Inventory	3.66	3.66	0.42	0.16	0.02
Prepaid Expenses	0.63	0.63	0.59	-	-
Other Current Assets	0.04	0.04	0.18	0.42	0.17
Total Current Assets	35.89	35.89	35.47	30.36	18.7
Property, Plant & Equipment	1.7	1.7	1.9	1.45	0.4
Long-Term Investments	4.59	4.59	4.4	3.74	0.48
Goodwill	2.51	2.51	2.76	2.8	1.85
Other Intangible Assets	18	18	12.72	5.71	0.75
Long-Term Deferred Charges	2.29	2.29	2.78	4.73	7.62
Other Long-Term Assets	0.01	0.01	0	0.02	0.01
Total Assets	64.99	64.99	60.02	48.81	29.8
Accounts Payable	4.81	4.81	4.17	3.8	3.74
Accrued Expenses	0.59	0.59	0.58	2.01	0.9
Current Portion of Long-Term Debt	11.36	11.36	8.26	7.24	2.85
Current Income Taxes Payable	3.08	3.08	3.25	3.67	-
Other Current Liabilities	4.16	4.16	4.27	4.08	1.01
Total Current Liabilities	24.01	24.01	20.54	20.8	8.5
Long-Term Debt	15.06	15.06	15.61	11.35	8.15
Long-Term Unearned Revenue	3.12	3.12	2.44	-	-
Long-Term Deferred Tax Liabilities	0.12	0.12	0.09	0.01	0.69
Other Long-Term Liabilities	3.83	3.83	3.29	2.99	1.81
Total Liabilities	46.23	46.23	42.03	35.16	19.15
Common Stock	2.14	2.14	2.14	1.91	1.5
Retained Earnings	7.07	7.07	6.14	3.83	2.65
Comprensive Income & Other	9.47	9.47	9.64	4.84	3.88
Total Common Equity	18.69	18.69	17.92	10.58	8.02
Minority Interest	0.07	0.07	0.06	3.07	2.63
Shareholders' Equity	18.76	18.76	17.98	13.66	10.65
Total Liabilities & Equity	64.99	64.99	60.02	48.81	29.8
Total Debt	26.42	26.42	23.88	18.6	11
Net Cash (Debt)	-25.25	-25.25	-20.6	-11.8	-8
Net Cash Per Share	-11.79	-11.79	-9.62	-6.18	-
Filing Date Shares Outstanding	2.14	2.14	2.14	1.91	-
Total Common Shares Outstanding	2.14	2.14	2.14	1.91	-
Working Capital	11.88	11.88	14.93	9.56	10.21
Book Value Per Share	8.73	8.73	8.37	5.55	-
Tangible Book Value	-1.83	-1.83	2.45	2.07	5.43
Tangible Book Value Per Share	-0.85	-0.85	1.14	1.08	-

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