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	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1.98	0.99	3.04	6.18	3
Short-Term Investments	5.18	0.18	0.23	0.61	-
Cash & Short-Term Investments	7.16	1.17	3.27	6.79	3
Cash Growth	252.39%	-64.20%	-51.86%	126.45%	-
Accounts Receivable	19.01	18.99	19.31	15.26	8.27
Other Receivables	8.59	10.81	10.44	7.72	7.25
Receivables	27.6	29.8	29.75	22.99	15.52
Inventory	4.07	3.66	0.42	0.16	0.02
Prepaid Expenses	0.73	0.63	0.59	-	-
Other Current Assets	0.04	0.04	0.18	0.42	0.17
Total Current Assets	40.08	35.89	35.47	30.36	18.7
Property, Plant & Equipment	1.6	1.7	1.9	1.45	0.4
Long-Term Investments	0.12	4.59	4.4	3.74	0.48
Goodwill	2.44	2.51	2.76	2.8	1.85
Other Intangible Assets	24.52	18	12.72	5.71	0.75
Long-Term Deferred Charges	2.38	2.29	2.78	4.73	7.62
Other Long-Term Assets	0.07	0.01	0	0.02	0.01
Total Assets	71.2	64.99	60.02	48.81	29.8
Accounts Payable	5	4.81	4.17	3.8	3.74
Accrued Expenses	0.45	0.59	0.58	2.01	0.9
Current Portion of Long-Term Debt	13.52	11.36	8.26	7.24	2.85
Current Income Taxes Payable	2.75	3.08	3.25	3.67	-
Other Current Liabilities	5.22	4.16	4.27	4.08	1.01
Total Current Liabilities	26.94	24.01	20.54	20.8	8.5
Long-Term Debt	12.35	15.06	15.61	11.35	8.15
Long-Term Unearned Revenue	3.19	3.12	2.44	-	-
Long-Term Deferred Tax Liabilities	0.12	0.12	0.09	0.01	0.69
Other Long-Term Liabilities	4.19	3.83	3.29	2.99	1.81
Total Liabilities	46.92	46.23	42.03	35.16	19.15
Common Stock	3	2.14	2.14	1.91	1.5
Retained Earnings	7.02	7.07	6.14	3.83	2.65
Comprehensive Income & Other	7.89	9.47	9.64	4.84	3.88
Total Common Equity	24.22	18.69	17.92	10.58	8.02
Minority Interest	0.05	0.07	0.06	3.07	2.63
Shareholders' Equity	24.27	18.76	17.98	13.66	10.65
Total Liabilities & Equity	71.2	64.99	60.02	48.81	29.8
Total Debt	25.87	26.42	23.88	18.6	11
Net Cash (Debt)	-18.72	-25.25	-20.6	-11.8	-8
Net Cash Per Share	-1.55	-11.79	-9.62	-6.18	-
Filing Date Shares Outstanding	12.05	2.14	2.14	1.91	-
Total Common Shares Outstanding	12.05	2.14	2.14	1.91	-
Working Capital	13.13	11.88	14.93	9.56	10.21
Book Value Per Share	2.01	8.73	8.37	5.55	-
Tangible Book Value	-2.74	-1.83	2.45	2.07	5.43
Tangible Book Value Per Share	-0.23	-0.85	1.14	1.08	-

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