ML System S.A. (WSE:MLS)

ML System Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3.59	5.98	20.72	27.06	24.75	20.54
Cash & Short-Term Investments	3.59	5.98	20.72	27.06	24.75	20.54
Cash Growth	-62.77%	-71.15%	-23.44%	9.34%	20.51%	35.71%
Accounts Receivable	42.75	41.21	55.05	69.64	53.89	55.01
Other Receivables	0.86	4.56	23.53	10.49	5.08	4.28
Receivables	43.61	45.76	78.58	80.13	58.97	59.3
Inventory	28.5	28.38	35.89	66.48	57.71	38.27
Prepaid Expenses	-	1.36	-	-	-	0.04
Other Current Assets	0.02	-	0.48	1.15	0.89	0.62
Total Current Assets	75.73	81.48	135.67	174.82	142.31	118.76
Property, Plant & Equipment	375.34	381.09	399.11	221.28	231.24	136.82
Goodwill	0.02	0.02	0.02	0.02	0.02	0.02
Other Intangible Assets	0.66	0.69	0.7	0.75	0.89	1.21
Long-Term Deferred Tax Assets	0.37	0.29	0.19	0.13	0.06	0.06
Long-Term Deferred Charges	29.74	29.84	24.42	16.24	12	10.98
Other Long-Term Assets	3.01	3.03	8.66	17.97	3.7	35.69
Total Assets	484.86	496.42	568.76	431.19	390.22	303.53
Accounts Payable	56.79	35.7	13.26	40.29	21.27	17.01
Accrued Expenses	1.86	3.79	3.26	4.01	2.2	1.61
Current Portion of Long-Term Debt	62.61	62.72	72.51	69.5	33.85	30.4
Current Portion of Leases	2.97	2.97	3.69	3.34	3.31	1.14
Current Income Taxes Payable	-	7.8	0.64	14.41	3.57	2.89
Current Unearned Revenue	14.67	10.93	10.51	10.36	8.74	6.4
Other Current Liabilities	5.73	12.4	49.13	9.08	24.14	4.45
Total Current Liabilities	144.63	136.32	153	150.98	97.09	63.92
Long-Term Debt	53.31	54.38	65.73	37.89	46.48	29.47
Long-Term Leases	14.79	15.91	10.16	11.12	13.3	2.17
Long-Term Unearned Revenue	137.25	138.44	146.49	80.84	83.68	61.4
Long-Term Deferred Tax Liabilities	3.08	0.94	1.7	1.1	0.46	0.02
Other Long-Term Liabilities	3.65	3.83	4.34	2.75	2.91	2.12
Total Liabilities	356.87	349.96	381.55	284.78	244.02	159.18
Common Stock	7.38	7.38	7.38	6.48	6.48	6.38
Additional Paid-In Capital	146.52	146.52	146.52	91.24	91.24	91.24
Retained Earnings	-27.85	-9.37	31.43	46.81	46.59	44.85
Comprehensive Income & Other	1.94	1.92	1.87	1.88	1.89	1.89
Shareholders' Equity	128	146.46	187.2	146.41	146.2	144.35
Total Liabilities & Equity	484.86	496.42	568.76	431.19	390.22	303.53
Total Debt	133.68	135.98	152.09	121.85	96.95	63.18
Net Cash (Debt)	-130.08	-130	-131.38	-94.79	-72.21	-42.65
Net Cash Per Share	-17.62	-17.61	-18.82	-14.62	-11.31	-6.99
Filing Date Shares Outstanding	7.38	7.38	7.38	6.48	6.48	6.38
Total Common Shares Outstanding	7.38	7.38	7.38	6.48	6.48	6.38
Working Capital	-68.9	-54.84	-17.33	23.83	45.22	54.84
Book Value Per Share	17.34	19.84	25.36	22.58	22.55	22.63
Tangible Book Value	127.32	145.75	186.49	145.65	145.3	143.12
Tangible Book Value Per Share	17.25	19.75	25.27	22.46	22.41	22.43
Land	-	10.24	10.24	10.24	3.92	3.92
Buildings	-	97.45	51.69	51.62	34.49	34.13
Machinery	-	294.81	304.08	148.19	145.32	88.61
Construction In Progress	-	1.51	40.12	0.29	12.44	0.56

Updated Nov 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.