Axon Enterprise, Inc. (AXON)

Axon Enterprise 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	566.45	598.55	353.68	356.33	155.44	172.25
Short-Term Investments	510.02	721.99	621.01	86.69	406.53	178.53
Cash & Short-Term Investments	1,076	1,321	974.69	443.02	561.97	350.78
Cash Growth	-5.07%	35.48%	120.01%	-21.17%	60.20%	0.38%
Receivables	729.48	693.47	555.09	501.24	293.15	184.98
Inventory	277.75	269.86	202.47	108.69	89.96	38.85
Prepaid Expenses	119.93	64.45	43.62	36.53	23.52	25.19
Restricted Cash	2.1	2	-	0.05	0.05	0.05
Other Current Assets	-	46.34	29.41	19.96	13.32	9.62
Total Current Assets	2,206	2,397	1,805	1,109	981.95	609.48
Property, Plant & Equipment	215.32	236.69	208.21	161.73	127.8	53.42
Long-Term Investments	363.13	231.73	452.77	114.75	102.39	45.5
Goodwill	307.76	57.95	44.98	43.59	25.21	25.01
Other Intangible Assets	85.57	19.54	12.16	15.47	9.45	12.77
Long-Term Accounts Receivable	107.22	77.71	45.17	29.75	20.1	9.64
Long-Term Deferred Tax Assets	226.8	229.51	156.87	127.19	45.77	27.69
Long-Term Deferred Charges	-	121.58	96.26	57.94	32.46	22.07
Other Long-Term Assets	227.78	62.91	24.99	17.03	13.44	8.46
Total Assets	3,742	3,437	2,852	1,688	1,381	845.64
Accounts Payable	104.08	88.33	59.92	32.22	24.14	25.87
Accrued Expenses	123.28	175.07	141.56	97.15	55.23	40.16
Current Portion of Leases	11.5	9.79	6.36	6.54	5.43	3.85
Current Income Taxes Payable	12.82	5.78	13.56	3.74	3.85	3.36
Current Unearned Revenue	508.92	513.63	380.44	276.05	166.92	120.84
Other Current Liabilities	5.52	7.37	0.81	2.82	0.77	1.48
Total Current Liabilities	766.11	799.97	602.65	418.52	256.33	195.57
Long-Term Debt	678.68	677.11	673.97	-	-	-
Long-Term Leases	41.71	33.55	37.14	20.44	18.95	6.79
Long-Term Unearned Revenue	291.42	281.85	248	185.72	111.22	87.94
Long-Term Deferred Tax Liabilities	-	-	0	0.81	0.65	0.35
Other Long-Term Liabilities	35.61	32.33	21.64	14.87	17.61	11.5
Total Liabilities	1,814	1,825	1,583	640.36	404.77	302.14
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	1,494	1,347	1,175	1,095	962.16	528.27
Retained Earnings	605.26	431.25	257.02	109.88	169.9	172.27
Treasury Stock	-155.95	-155.95	-155.95	-155.95	-155.95	-155.95
Comprehensive Income & Other	-14.19	-10.68	-7.18	-1.32	0.14	-1.1
Shareholders' Equity	1,929	1,612	1,268	1,048	976.26	543.5
Total Liabilities & Equity	3,742	3,437	2,852	1,688	1,381	845.64
Total Debt	731.89	720.45	717.47	26.98	24.38	10.65
Net Cash (Debt)	344.59	600.09	257.23	416.04	537.58	340.14
Net Cash Growth	-17.38%	133.29%	-38.17%	-22.61%	58.05%	-2.66%
Net Cash Per Share	4.49	7.95	3.55	6.29	8.70	5.67
Filing Date Shares Outstanding	75.57	75.3	72.86	70.93	63.78	59.53
Total Common Shares Outstanding	75.57	75.3	71.47	70.9	63.77	59.5
Working Capital	1,440	1,597	1,203	690.97	725.62	413.91
Book Value Per Share	25.52	21.41	17.75	14.78	15.31	9.13
Tangible Book Value	1,536	1,535	1,211	988.79	941.6	505.71
Tangible Book Value Per Share	20.32	20.38	16.95	13.95	14.77	8.50
Land	-	51.61	51.61	54.87	57.05	2.9
Buildings	-	32.09	25.87	25.71	20.91	20.09
Machinery	-	151.86	93.77	79.2	57.36	46.35
Construction In Progress	-	55.4	62.28	25.26	13.48	12.39

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