Mare Engineering Group S.p.A. (BIT:MARE)

Financials in millions EUR. 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	10.39	2.55	0.99	3.04	6.18	3
Short-Term Investments	0.2	13.18	0.18	0.23	0.61	-
Cash & Short-Term Investments	10.59	15.74	1.17	3.27	6.79	3
Cash Growth	48.04%	1243.82%	-64.20%	-51.85%	126.45%	-
Accounts Receivable	28.52	15.57	18.99	19.31	15.26	8.27
Other Receivables	12.21	15.58	10.81	10.44	7.72	7.25
Receivables	40.73	31.15	29.8	29.75	22.99	15.52
Inventory	18.06	8.74	3.66	0.42	0.16	0.02
Prepaid Expenses	-	-	-	0.59	-	-
Other Current Assets	0.04	-0.05	0.04	0.18	0.42	0.17
Total Current Assets	69.47	55.82	35.25	35.47	30.36	18.7
Property, Plant & Equipment	3.1	1.42	1.7	1.9	1.45	0.4
Long-Term Investments	13.35	0.3	4.59	4.4	3.74	0.48
Goodwill	9.71	2	2.51	2.76	2.8	1.85
Other Intangible Assets	25.77	24.96	18	12.72	5.71	0.75
Long-Term Deferred Charges	4	3.66	2.29	2.78	4.73	7.62
Other Long-Term Assets	7.1	4.09	0.64	0	0.02	0.01
Total Assets	132.5	92.25	64.99	60.02	48.81	29.8
Accounts Payable	11.01	8.76	4.81	4.17	3.8	3.74
Accrued Expenses	4.17	0.91	0.59	0.58	2.01	0.9
Current Portion of Long-Term Debt	19.58	15.12	11.36	8.26	7.24	2.85
Current Income Taxes Payable	4.36	5.39	3.08	3.25	3.67	-
Other Current Liabilities	7.39	4.6	4.16	4.27	4.08	1.01
Total Current Liabilities	46.51	34.79	24.01	20.54	20.8	8.5
Long-Term Debt	26.03	10.74	15.06	15.61	11.35	8.15
Long-Term Unearned Revenue	-	1.88	3.12	2.44	-	-
Long-Term Deferred Tax Liabilities	0.3	0.07	0.12	0.09	0.01	0.69
Other Long-Term Liabilities	6.74	4.35	3.83	3.29	2.99	1.81
Total Liabilities	79.77	51.98	46.23	42.03	35.16	19.15
Common Stock	4.52	3.72	2.14	2.14	1.91	1.5
Additional Paid-In Capital	32.1	18.66	-	-	-	-
Retained Earnings	5.05	8.34	7.07	6.14	3.83	2.65
Treasury Stock	-0.49	-0.52	-	-	-	-
Comprehensive Income & Other	7.92	10.03	9.47	9.64	4.84	3.88
Total Common Equity	49.11	40.23	18.69	17.92	10.58	8.02
Minority Interest	3.63	0.03	0.07	0.06	3.07	2.63
Shareholders' Equity	52.73	40.26	18.76	17.98	13.66	10.65
Total Liabilities & Equity	132.5	92.25	64.99	60.02	48.81	29.8
Total Debt	45.61	25.86	26.42	23.88	18.6	11
Net Cash (Debt)	-35.01	-10.13	-25.25	-20.6	-11.8	-8
Net Cash Per Share	-1.90	-0.54	-9.43	-7.70	-4.95	-
Filing Date Shares Outstanding	18.41	18.69	2.68	2.68	2.39	-
Total Common Shares Outstanding	18.41	18.69	2.68	2.68	2.39	-
Working Capital	22.96	21.03	11.25	14.93	9.56	10.21
Book Value Per Share	2.67	2.15	6.98	6.70	4.44	-
Tangible Book Value	13.63	13.28	-1.83	2.45	2.07	5.43
Tangible Book Value Per Share	0.74	0.71	-0.68	0.92	0.87	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.