Forum Energy Technologies Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	31.69	44.66	46.17	51.03	46.86	128.62
Cash & Short-Term Investments	31.69	44.66	46.17	51.03	46.86	128.62
Cash Growth	-4.86%	-3.26%	-9.53%	8.90%	-63.57%	122.09%
Accounts Receivable	163.35	166.31	161.91	170.05	134.43	90.81
Receivables	163.35	166.31	161.91	170.05	134.43	90.81
Inventory	248.26	265.49	299.64	269.83	241.74	251.75
Prepaid Expenses	15.99	19.18	21.89	21.96	23.7	19.02
Total Current Assets	459.28	495.64	529.6	512.87	446.73	490.19
Property, Plant & Equipment	133.55	133.81	116.8	120.23	119.44	145.19
Goodwill	63.78	61.65	-	-	-	-
Other Intangible Assets	97.23	109.23	167.97	191.48	217.41	240.44
Long-Term Deferred Tax Assets	11.46	11.45	0.37	0.18	0.2	0.1
Long-Term Deferred Charges	1.72	2.15	1.16	1.17	1.48	0.25
Other Long-Term Assets	3.06	2.03	5.16	8.83	6.08	13.75
Total Assets	770.09	815.95	821.06	834.76	791.34	889.93
Accounts Payable	113.73	109.65	125.92	118.26	99.38	46.35
Accrued Expenses	69.48	66.18	53.26	67.77	47.48	55.61
Current Portion of Leases	1.44	12.92	10.39	9.56	11.82	13.3
Current Unearned Revenue	24.98	13.1	14.77	14.71	16.98	9.68
Total Current Liabilities	209.63	201.86	204.34	210.29	175.66	124.93
Long-Term Debt	137.18	185.02	127.89	237.9	232.02	292.42
Long-Term Leases	86.55	74.65	63.13	65.86	35.1	45.49
Long-Term Deferred Tax Liabilities	20.84	23.68	0.94	0.9	0.83	1.95
Other Long-Term Liabilities	18.59	10.85	12.13	12.77	18.61	18.9
Total Liabilities	472.78	496.05	408.43	527.72	462.21	483.69
Common Stock	0.13	0.13	0.11	0.06	0.06	0.06
Additional Paid-In Capital	1,425	1,420	1,369	1,254	1,250	1,243
Retained Earnings	-846.53	-834.8	-699.47	-680.6	-684.31	-601.66
Treasury Stock	-163.18	-142.06	-142.06	-138.56	-135.56	-134.5
Comprehensive Income & Other	-118.04	-123.25	-115.24	-127.49	-101.03	-100.39
Total Common Equity	297.31	319.9	412.63	307.04	329.13	406.24
Shareholders' Equity	297.31	319.9	412.63	307.04	329.13	406.24
Total Liabilities & Equity	770.09	815.95	821.06	834.76	791.34	889.93
Total Debt	225.17	272.59	201.4	313.31	278.93	351.21
Net Cash (Debt)	-193.47	-227.93	-155.24	-262.28	-232.07	-222.59
Net Cash Per Share	-15.90	-18.53	-15.20	-44.07	-41.13	-39.91
Filing Date Shares Outstanding	11.38	12.35	12.28	10.3	5.65	5.6
Total Common Shares Outstanding	11.52	12.29	10.19	5.65	5.63	5.58
Working Capital	249.66	293.78	325.27	302.57	271.08	365.26
Book Value Per Share	25.81	26.03	40.48	54.31	58.42	72.78
Tangible Book Value	136.3	149.02	244.66	115.55	111.72	165.79
Tangible Book Value Per Share	11.83	12.12	24.00	20.44	19.83	29.70
Land	-	2.39	4.84	4.76	7.5	8.48
Buildings	-	26.35	46.6	49.71	85.81	93.65
Machinery	-	181.29	164.63	159.69	168.11	202.74
Construction In Progress	-	5.33	1.56	4.53	1.96	0.97
Order Backlog	-	213.5	241.6	264.8	196.5	114

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