Massimo Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021
Cash & Equivalents	0.77	0.95	1.29
Cash & Cash Equivalents	0.77	0.95	1.29
Cash Growth	-19.22%	-26.45%	-
Receivables	11.16	9.81	10.18
Inventory	25.8	23.76	22.32
Other Current Assets	0.64	0.07	0.05
Total Current Assets	38.36	34.59	33.83
Property, Plant & Equipment	1.99	1.85	2.28
Other Long-Term Assets	1.59	0.42	0
Total Long-Term Assets	3.58	2.27	2.28
Total Assets	41.94	36.86	36.11
Accounts Payable	12.68	11.25	12.38
Deferred Revenue	1.84	0.7	0
Current Debt	1.19	6.38	4.71
Other Current Liabilities	3.12	12.8	4.9
Total Current Liabilities	18.83	31.13	22
Long-Term Debt	8.63	0.66	1.21
Total Long-Term Liabilities	8.63	0.66	1.21
Total Liabilities	27.46	31.79	23.2
Total Debt	9.82	7.04	5.92
Debt Growth	39.54%	18.89%	-
Retained Earnings	13.29	5.07	12.91
Shareholders' Equity	14.49	5.07	12.91
Net Cash / Debt	-9.05	-6.09	-4.63
Net Cash Per Share	-0.23	-0.15	-0.12
Working Capital	19.53	3.46	11.83
Book Value Per Share	0.36	0.13	0.32

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).