Mecure Industries PLC (NGX:MECURE)

Mecure Industries Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,484	398.37	707.06	31.75	77.72	37.5
Cash & Short-Term Investments	2,484	398.37	707.06	31.75	77.72	37.5
Cash Growth	186.07%	-43.66%	2126.96%	-59.15%	107.22%	66.34%
Accounts Receivable	9,936	873.13	1,503	1,541	1,198	974.03
Other Receivables	6,878	6,998	5,638	4,039	2,417	2,182
Receivables	16,878	7,871	7,141	5,579	3,616	3,156
Inventory	12,782	9,891	8,314	8,901	7,589	6,933
Prepaid Expenses	1,114	398.06	115.4	30.15	34.07	37.41
Total Current Assets	35,554	18,559	16,278	14,542	11,316	10,164
Property, Plant & Equipment	42,673	36,279	25,407	11,900	7,990	5,818
Other Intangible Assets	-	-	-	-	-	23.02
Long-Term Deferred Charges	-	-	50.6	553.42	364.46	728.93
Other Long-Term Assets	-	-0	-	-0	-	-0
Total Assets	78,227	54,838	41,735	26,996	19,670	16,734
Accounts Payable	834.24	969.51	775.35	501.28	522.85	404.22
Accrued Expenses	211.1	86	83.83	50.48	74.31	15.61
Short-Term Debt	29,481	9,961	9,270	5,735	144.2	358.68
Current Income Taxes Payable	3,397	2,024	1,534	1,134	1,270	1,079
Other Current Liabilities	662.14	32.18	15.79	17.98	14.93	20.89
Total Current Liabilities	34,586	13,073	11,679	7,438	2,026	1,878
Long-Term Debt	24,225	26,207	16,441	9,034	10,746	9,520
Long-Term Deferred Tax Liabilities	1,599	1,599	1,385	1,206	2,164	653.05
Other Long-Term Liabilities	-	0	0	0	-0	-
Total Liabilities	60,409	40,879	29,505	17,679	14,936	12,051
Common Stock	2,000	2,000	2,000	2,000	20	20
Retained Earnings	15,818	11,959	10,230	7,317	4,714	4,663
Shareholders' Equity	17,818	13,959	12,230	9,317	4,734	4,683
Total Liabilities & Equity	78,227	54,838	41,735	26,996	19,670	16,734
Total Debt	53,706	36,168	25,711	14,769	10,890	9,879
Net Cash (Debt)	-51,222	-35,770	-25,004	-14,737	-10,812	-9,841
Net Cash Per Share	-12.81	-8.94	-6.25	-21.57	-540.62	-492.07
Filing Date Shares Outstanding	4,000	4,000	4,000	683.33	20	20
Total Common Shares Outstanding	4,000	4,000	4,000	683.33	20	20
Working Capital	968.69	5,485	4,599	7,104	9,290	8,286
Book Value Per Share	4.45	3.49	3.06	13.63	236.69	234.14
Tangible Book Value	17,818	13,959	12,230	9,317	4,734	4,660
Tangible Book Value Per Share	4.45	3.49	3.06	13.63	236.69	232.99
Machinery	17,296	17,296	17,416	13,048	11,509	10,274
Construction In Progress	1,963	32,146	17,892	7,011	3,335	1,372

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