ICTS International N.V. (ICTSF)

ICTS International Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	50.85	55.22	50.94	88.75	51.6	52.35
Short-Term Investments	31.36	34	24.57	-	-	-
Cash & Short-Term Investments	82.21	89.22	75.51	88.75	51.6	52.35
Cash Growth	16.98%	18.17%	-14.93%	72.00%	-1.43%	308.97%
Accounts Receivable	80.83	70.44	54.31	55.09	34.37	43.31
Other Receivables	3.58	2.87	6.66	12.92	15.24	1.68
Receivables	84.41	73.31	60.96	68.01	49.61	44.99
Prepaid Expenses	2.58	2.15	1.71	0.82	-	-
Restricted Cash	5.12	9.77	15.87	14.7	9.47	2.49
Other Current Assets	2.99	2.11	1.44	2.28	5.87	3.3
Total Current Assets	177.3	176.56	155.48	174.56	116.55	103.14
Property, Plant & Equipment	18.28	12.59	16.48	16.65	18.46	14.95
Long-Term Investments	0.27	0.25	0.33	0.53	1.48	2.13
Goodwill	0.65	0.67	0.65	0.69	0.75	0.68
Long-Term Deferred Tax Assets	0.67	1.58	1.52	1.4	1.17	0.48
Other Long-Term Assets	4.3	5.46	10.18	2.05	1.97	2.07
Total Assets	201.47	197.1	184.63	195.88	140.39	123.45
Accounts Payable	6.73	6.6	8.72	5.86	3.72	5.81
Accrued Expenses	52.8	47.03	42.56	39.97	38.08	35.87
Short-Term Debt	3.94	0.21	0.12	0.2	8.1	22.18
Current Portion of Long-Term Debt	-	-	-	-	-	3.12
Current Portion of Leases	4.25	3.8	3.97	3.32	3.53	2.73
Current Income Taxes Payable	4.94	6.65	6.11	6.29	0.57	-
Current Unearned Revenue	4.52	4.94	3.57	2.24	2.14	1.65
Other Current Liabilities	12.98	11.26	3.28	3.01	3.2	4.15
Total Current Liabilities	90.15	80.5	68.33	60.88	59.33	75.51
Long-Term Debt	0.04	0.05	1.24	1.47	1.63	-
Long-Term Leases	9.24	3.65	6.38	8.3	9.33	7.56
Long-Term Unearned Revenue	-	-	0.34	1.03	0.26	0.27
Other Long-Term Liabilities	18	21.99	28.74	39.56	25	1.49
Total Liabilities	117.43	106.18	105.02	111.23	95.55	84.83
Common Stock	19.19	19.19	19.19	19.19	19.19	18.12
Additional Paid-In Capital	19.84	17.82	16.6	16.84	26.71	26.97
Retained Earnings	-36.18	-31.44	-38.52	-33.8	-68.6	-73.01
Treasury Stock	-1.52	-1.52	-	-	-	-
Comprehensive Income & Other	-7.9	-8.12	-8.19	-7.87	-6.26	-6.17
Total Common Equity	-6.58	-4.07	-10.92	-5.63	-28.97	-34.09
Minority Interest	90.62	94.99	90.53	90.28	73.81	72.7
Shareholders' Equity	84.05	90.92	79.61	84.65	44.84	38.62
Total Liabilities & Equity	201.47	197.1	184.63	195.88	140.39	123.45
Total Debt	17.47	7.7	11.7	13.29	22.59	35.59
Net Cash (Debt)	64.74	81.52	63.8	75.47	29.01	16.76
Net Cash Growth	7.65%	27.77%	-15.46%	160.15%	73.08%	-
Net Cash Per Share	1.64	2.07	1.70	1.88	0.75	0.55
Filing Date Shares Outstanding	37.43	37.43	37.43	37.43	37.43	35.43
Total Common Shares Outstanding	37.43	37.43	37.43	37.43	37.43	35.43
Working Capital	87.16	96.06	87.16	113.69	57.22	27.63
Book Value Per Share	-0.18	-0.11	-0.29	-0.15	-0.77	-0.96
Tangible Book Value	-7.23	-4.74	-11.56	-6.32	-29.72	-34.77
Tangible Book Value Per Share	-0.19	-0.13	-0.31	-0.17	-0.79	-0.98
Buildings	6.21	6.33	8.47	9.22	10.8	8.87
Machinery	2.4	2.19	1.99	1.62	1.96	1.87
Leasehold Improvements	2.61	2.61	2.87	2.89	2.97	2.35

Source: S&P Capital IQ. Standard template. Financial Sources.