MCEM Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	26.67	33.2	43.32	49.07	53.99	53.72
Short-Term Investments	33.55	33.52	17.62	4.42	-	-
Cash & Short-Term Investments	60.22	66.72	60.94	53.49	53.99	53.72
Cash Growth	-0.34%	9.49%	13.92%	-0.92%	0.50%	75.41%
Accounts Receivable	32.58	29.38	23.22	25.79	22.53	22.77
Receivables	32.58	29.38	23.22	25.79	22.53	22.77
Inventory	75.49	70.65	67.53	58.94	46.68	42.56
Prepaid Expenses	3.79	2.41	1.17	2.04	2.99	0.83
Restricted Cash	6.36	6.52	5.49	3.79	1.92	-
Other Current Assets	2.66	0.6	0.69	0.52	1.87	0.83
Total Current Assets	181.1	176.28	159.05	144.58	129.97	120.72
Property, Plant & Equipment	189.94	183.96	170.27	147.94	123.66	104.63
Long-Term Investments	119.35	114.71	110.42	72.78	55.8	67.49
Goodwill	-	3.8	4.9	4.9	4.9	4.9
Other Long-Term Assets	15.41	14.35	13.66	11.15	9.85	0.06
Total Assets	505.81	493.1	458.29	381.34	324.19	297.8
Accounts Payable	8.16	8.44	6.66	10.47	8.4	8.76
Accrued Expenses	7.54	5.44	4.91	6.53	7.45	5.37
Current Income Taxes Payable	3.7	0.73	3.41	6.73	0.55	1
Other Current Liabilities	-	3.1	2.82	2.5	2.26	2.07
Total Current Liabilities	19.39	17.71	17.81	26.23	18.67	17.21
Pension & Post-Retirement Benefits	10.84	10.87	10.54	11.37	11.13	15.86
Long-Term Deferred Tax Liabilities	33.73	33.57	25.81	9.4	6.5	4.31
Other Long-Term Liabilities	0.19	0.19	0.2	0.22	0.21	-
Total Liabilities	64.15	62.34	54.36	47.23	36.5	37.37
Common Stock	9.34	9.34	9.39	9.18	9.27	9.4
Additional Paid-In Capital	28.69	28.69	28.69	4.05	4.05	2.49
Retained Earnings	405.32	394.42	368.51	326	280.3	264.64
Comprehensive Income & Other	-1.69	-1.69	-2.66	-5.11	-5.93	-16.1
Shareholders' Equity	441.66	430.76	403.93	334.12	287.69	260.42
Total Liabilities & Equity	505.81	493.1	458.29	381.34	324.19	297.8
Net Cash (Debt)	60.22	66.72	60.94	53.49	53.99	53.72
Net Cash Growth	-0.34%	9.49%	13.92%	-0.92%	0.50%	79.82%
Net Cash Per Share	16.09	17.80	16.62	14.46	14.35	14.23
Filing Date Shares Outstanding	3.73	3.74	3.76	3.67	3.71	3.76
Total Common Shares Outstanding	3.73	3.74	3.76	3.67	3.71	3.76
Working Capital	161.71	158.57	141.24	118.35	111.31	103.51
Book Value Per Share	118.25	115.28	107.51	90.99	77.57	69.23
Tangible Book Value	441.66	426.96	399.03	329.22	282.79	255.52
Tangible Book Value Per Share	118.25	114.26	106.21	89.66	76.25	67.92
Land	-	18.36	16.21	13.98	13.15	12.61
Buildings	-	58.62	59.86	59.43	39.28	38.53
Machinery	-	311.7	300.19	307.47	307.04	297.6
Construction In Progress	-	102.42	91.11	67.45	58.63	38.82

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