Mears Group plc (FRA:MM7)

Mears Group Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	91.4	138.76	98.14	54.63	96.22
Short-Term Investments	-	7.09	1.96	-	-
Cash & Short-Term Investments	91.4	145.85	100.1	54.63	96.22
Cash Growth	-37.33%	45.70%	83.23%	-43.22%	31.97%
Accounts Receivable	105.28	102.93	106.28	126.25	128.43
Other Receivables	4.04	4.06	7.97	7.16	3.39
Receivables	109.32	106.99	114.25	133.41	131.82
Inventory	1.17	1.46	6.88	22.87	31.26
Prepaid Expenses	24.47	18.93	13.26	9.28	6.52
Other Current Assets	0.15	0.77	1.28	7.77	1.91
Total Current Assets	226.51	274	235.77	227.96	267.72
Property, Plant & Equipment	311.01	272.18	233.62	225.66	223.64
Long-Term Investments	2.27	0.62	1.27	0.71	0.97
Goodwill	121.87	121.87	121.87	118.87	118.87
Other Intangible Assets	2.57	3.1	3.13	2.65	10.3
Long-Term Deferred Tax Assets	-	-	-	-	3.32
Long-Term Deferred Charges	3.67	3.95	4.32	3.96	4.9
Other Long-Term Assets	23.25	19.84	26.81	50.63	43.2
Total Assets	701.35	700.01	630.87	633.92	676.09
Accounts Payable	51.72	58.65	55.85	69.56	114.71
Accrued Expenses	76.09	94.35	86.62	81.07	77.78
Short-Term Debt	-	36.7	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.46
Current Portion of Leases	66.86	54.49	44.38	41.6	42.89
Current Income Taxes Payable	-	0.11	-	-	-
Current Unearned Revenue	61.98	28.49	23.67	27.84	25.33
Other Current Liabilities	13.31	13.95	13.65	10.06	3.55
Total Current Liabilities	269.96	286.74	224.17	230.12	264.72
Long-Term Debt	-	-	-	-	39.82
Long-Term Leases	230.64	199.95	181.05	175.29	166.18
Long-Term Deferred Tax Liabilities	3.52	2.91	4.9	6.68	-
Other Long-Term Liabilities	9.77	9.79	3.79	3.8	3.67
Total Liabilities	513.88	499.55	417.04	432.88	520.04
Common Stock	0.91	1.02	1.11	1.11	1.11
Additional Paid-In Capital	2.58	2.33	82.35	82.27	82.23
Retained Earnings	184.03	189.43	119.1	107.58	63.54
Treasury Stock	-14.99	-5.12	-	-	-
Comprehensive Income & Other	11.58	9.85	9.77	9.28	8.52
Total Common Equity	184.11	197.51	212.33	200.24	155.39
Minority Interest	3.36	2.95	1.49	0.8	0.66
Shareholders' Equity	187.47	200.46	213.83	201.04	156.05
Total Liabilities & Equity	701.35	700.01	630.87	633.92	676.09
Total Debt	297.5	291.14	225.42	216.89	249.35
Net Cash (Debt)	-206.1	-145.29	-125.32	-162.26	-153.13
Net Cash Per Share	-2.16	-1.32	-1.10	-1.44	-1.38
Filing Date Shares Outstanding	90.76	99.66	111	110.93	110.88
Total Common Shares Outstanding	90.76	99.66	111	110.93	110.88
Working Capital	-43.44	-12.75	11.6	-2.16	3
Book Value Per Share	2.03	1.98	1.91	1.81	1.40
Tangible Book Value	59.67	72.54	87.33	78.71	26.22
Tangible Book Value Per Share	0.66	0.73	0.79	0.71	0.24
Machinery	10.2	16.14	15.79	31.9	38.68
Construction In Progress	-	-	-	-	5.84
Leasehold Improvements	10.99	26.74	28.9	24.4	19.17
Order Backlog	-	2,500	2,900	2,400	2,600

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