CECO Environmental 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	32.79	37.83	54.78	45.52	29.9	35.99
Cash & Short-Term Investments	32.79	37.83	54.78	45.52	29.9	35.99
Cash Growth	-15.28%	-30.94%	20.34%	52.24%	-16.92%	1.09%
Receivables	269.44	229.46	179.31	154.1	126.42	108.54
Inventory	57.71	42.62	34.09	26.53	17.05	17.34
Prepaid Expenses	29.11	16.86	11.77	12.17	10.76	11.53
Restricted Cash	0.09	0.37	0.67	1.06	2.09	1.82
Other Current Assets	6.34	3.83	0.82	1.27	2.78	8.26
Total Current Assets	395.48	330.97	281.44	240.66	189.01	183.49
Property, Plant & Equipment	75.72	58.91	42.49	32.2	26.84	27.6
Goodwill	292.26	269.75	211.33	183.2	161.18	161.82
Other Intangible Assets	110.7	83.52	60.03	44.76	35.47	42.57
Long-Term Deferred Tax Assets	1.16	0.97	0.3	0.83	0.51	-
Long-Term Deferred Charges	16.56	15.59	4.7	3.08	3.19	3.83
Total Assets	891.88	759.7	600.29	504.72	416.2	419.31
Accounts Payable	127.58	109.67	87.69	73.41	56.24	55.9
Accrued Expenses	36.68	28.22	26.35	21.71	17.35	5.08
Short-Term Debt	-	1.7	2.5	-	-	-
Current Portion of Long-Term Debt	1.93	1.65	10.49	3.58	2.2	3.13
Current Portion of Leases	3.76	5.01	4.97	3.87	3.01	2.83
Current Income Taxes Payable	0.79	2.61	1.23	3.21	1.49	0.54
Current Unearned Revenue	122.15	91.25	64.77	37.23	33.31	24.67
Other Current Liabilities	5.41	4.56	5.11	3.69	3.07	17.21
Total Current Liabilities	298.29	244.66	203.11	146.7	116.69	109.36
Long-Term Debt	218.98	217.23	126.8	107.63	61.58	69.49
Long-Term Leases	23.28	24.33	16.26	13.99	14.95	16.09
Pension & Post-Retirement Benefits	-	0.5	4.1	5.5	5.6	9.7
Long-Term Deferred Tax Liabilities	34.57	11.32	8.84	8.67	8.39	6.97
Other Long-Term Liabilities	3.19	9.76	3.7	4.09	3.04	4.09
Total Liabilities	578.32	507.81	362.8	286.57	210.24	215.7
Common Stock	0.36	0.35	0.35	0.34	0.35	0.36
Additional Paid-In Capital	265.79	255.21	254.96	250.17	252.99	255.3
Retained Earnings	53.56	6.57	-6.39	-19.3	-36.72	-38.14
Treasury Stock	-	-	-	-	-	-0.36
Comprehensive Income & Other	-10.5	-14.44	-16.27	-18	-12.07	-14.5
Total Common Equity	309.21	247.69	232.64	213.22	204.55	202.66
Minority Interest	4.36	4.2	4.85	4.92	1.4	0.95
Shareholders' Equity	313.57	251.89	237.49	218.15	205.96	203.61
Total Liabilities & Equity	891.88	759.7	600.29	504.72	416.2	419.31
Total Debt	247.95	249.92	161.02	129.07	81.74	91.54
Net Cash (Debt)	-215.17	-212.08	-106.24	-83.55	-51.84	-55.55
Net Cash Per Share	-5.89	-5.83	-3.01	-2.39	-1.46	-1.56
Filing Date Shares Outstanding	35.64	34.99	34.85	34.42	35.05	35.35
Total Common Shares Outstanding	35.64	34.98	34.84	34.38	35.03	35.37
Working Capital	97.19	86.31	78.33	93.96	72.33	74.13
Book Value Per Share	8.68	7.08	6.68	6.20	5.84	5.73
Tangible Book Value	-93.76	-105.57	-38.71	-14.73	7.9	-1.74
Tangible Book Value Per Share	-2.63	-3.02	-1.11	-0.43	0.23	-0.05
Buildings	-	17.79	12.28	11.99	7.52	7.59
Machinery	-	57.2	33.36	33.52	29.31	26.94
Order Backlog	-	540.9	370.9	-	-	-

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