Mare Engineering Group Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.55	0.99	3.04	6.18	3
Short-Term Investments	13.18	0.18	0.23	0.61	-
Cash & Short-Term Investments	15.74	1.17	3.27	6.79	3
Cash Growth	1243.82%	-64.20%	-51.85%	126.45%	-
Accounts Receivable	15.57	18.99	19.31	15.26	8.27
Other Receivables	15.58	10.81	10.44	7.72	7.25
Receivables	31.15	29.8	29.75	22.99	15.52
Inventory	8.74	3.66	0.42	0.16	0.02
Prepaid Expenses	-	-	0.59	-	-
Other Current Assets	-0.05	0.04	0.18	0.42	0.17
Total Current Assets	55.82	35.25	35.47	30.36	18.7
Property, Plant & Equipment	1.42	1.7	1.9	1.45	0.4
Long-Term Investments	0.3	4.59	4.4	3.74	0.48
Goodwill	2	2.51	2.76	2.8	1.85
Other Intangible Assets	24.96	18	12.72	5.71	0.75
Long-Term Deferred Charges	3.66	2.29	2.78	4.73	7.62
Other Long-Term Assets	4.09	0.64	0	0.02	0.01
Total Assets	92.25	64.99	60.02	48.81	29.8
Accounts Payable	8.76	4.81	4.17	3.8	3.74
Accrued Expenses	0.91	0.59	0.58	2.01	0.9
Current Portion of Long-Term Debt	15.12	11.36	8.26	7.24	2.85
Current Income Taxes Payable	5.39	3.08	3.25	3.67	-
Other Current Liabilities	4.6	4.16	4.27	4.08	1.01
Total Current Liabilities	34.79	24.01	20.54	20.8	8.5
Long-Term Debt	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	0.07	0.12	0.09	0.01	0.69
Other Long-Term Liabilities	4.35	3.83	3.29	2.99	1.81
Total Liabilities	51.98	46.23	42.03	35.16	19.15
Common Stock	3.72	2.14	2.14	1.91	1.5
Additional Paid-In Capital	18.66	-	-	-	-
Retained Earnings	8.34	7.07	6.14	3.83	2.65
Treasury Stock	-0.52	-	-	-	-
Comprehensive Income & Other	10.03	9.47	9.64	4.84	3.88
Total Common Equity	40.23	18.69	17.92	10.58	8.02
Minority Interest	0.03	0.07	0.06	3.07	2.63
Shareholders' Equity	40.26	18.76	17.98	13.66	10.65
Total Liabilities & Equity	92.25	64.99	60.02	48.81	29.8
Total Debt	25.86	26.42	23.88	18.6	11
Net Cash (Debt)	-10.13	-25.25	-20.6	-11.8	-8
Net Cash Per Share	-0.54	-9.43	-7.70	-4.95	-
Filing Date Shares Outstanding	18.69	2.68	2.68	2.39	-
Total Common Shares Outstanding	18.69	2.68	2.68	2.39	-
Working Capital	21.03	11.25	14.93	9.56	10.21
Book Value Per Share	2.15	6.98	6.70	4.44	-
Tangible Book Value	13.28	-1.83	2.45	2.07	5.43
Tangible Book Value Per Share	0.71	-0.68	0.92	0.87	-

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