CPI Aerostructures, Inc. (CVU)

CPI Aerostructures Balance Sheet

Financials in millions USD. 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	1.87	5.49	5.09	3.85	6.31	6.03
Cash & Short-Term Investments	1.87	5.49	5.09	3.85	6.31	6.03
Cash Growth	-38.09%	7.78%	32.43%	-39.02%	4.56%	48.90%
Accounts Receivable	37.65	36.55	39.66	32.24	29.43	24.69
Other Receivables	-	-	-	3.64	2.89	0.04
Receivables	37.65	36.55	39.66	35.88	32.32	24.73
Inventory	0.9	0.92	1.44	2.49	4.03	6.39
Prepaid Expenses	0.71	0.63	0.72	0.98	0.63	0.53
Total Current Assets	41.12	43.59	46.91	43.2	43.28	37.69
Property, Plant & Equipment	3.1	3.62	5.53	7.65	9.44	6.6
Goodwill	1.78	1.78	1.78	1.78	1.78	1.78
Other Intangible Assets	-	-	-	-	0.13	0.25
Long-Term Deferred Tax Assets	19.22	18.84	19.94	6.57	-	-
Long-Term Deferred Charges	0.03	0.04	0.08	0.13	-	-
Other Long-Term Assets	0.11	0.11	0.11	0.11	0.37	0.19
Total Assets	65.36	67.98	74.36	59.45	55.01	46.51
Accounts Payable	14.5	11.1	10.49	8.03	10.43	12.09
Accrued Expenses	4.55	7.92	10.28	7.34	6.1	5.94
Current Portion of Long-Term Debt	2.75	2.75	2.4	2.78	3.15	6.25
Current Portion of Leases	2.23	2.19	2.04	1.95	1.8	2.08
Current Income Taxes Payable	0.09	0.06	0.03	0.01	0.01	0
Current Unearned Revenue	1.96	2.43	5.94	6	5.12	1.65
Other Current Liabilities	0.1	0.02	0.34	4.18	4.5	2.01
Total Current Liabilities	26.17	26.47	31.51	30.3	31.1	30.01
Long-Term Debt	13.89	14.64	17.64	19.8	22.58	26.52
Long-Term Leases	0.37	0.94	3.13	5.15	6.65	2.96
Total Liabilities	40.43	42.05	52.28	55.25	60.34	59.49
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	74.74	74.42	73.87	73.19	72.83	72.01
Retained Earnings	-49.83	-48.5	-51.8	-69	-78.18	-85
Shareholders' Equity	24.93	25.93	22.08	4.2	-5.34	-12.98
Total Liabilities & Equity	65.36	67.98	74.36	59.45	55.01	46.51
Total Debt	19.24	20.52	25.21	29.69	34.18	37.8
Net Cash (Debt)	-17.37	-15.03	-20.12	-25.84	-27.87	-31.77
Net Cash Per Share	-1.37	-1.18	-1.61	-2.09	-2.29	-2.67
Filing Date Shares Outstanding	13	13.03	12.85	12.57	12.34	12.31
Total Common Shares Outstanding	13.01	12.98	12.77	12.51	12.34	11.95
Working Capital	14.95	17.12	15.4	12.9	12.18	7.67
Book Value Per Share	1.92	2.00	1.73	0.34	-0.43	-1.09
Tangible Book Value	23.15	24.15	20.3	2.41	-7.24	-15.02
Tangible Book Value Per Share	1.78	1.86	1.59	0.19	-0.59	-1.26
Machinery	-	0.72	0.72	0.72	7.25	7.22
Leasehold Improvements	-	2.7	2.69	2.63	2.59	2.59
Order Backlog	-	510.27	513.35	514.5	501.72	476.19

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q