MEC 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	Jun '26 Jun 30, 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	2.2	1.5	0.21	0.67	0.13	0.12
Cash & Short-Term Investments	2.2	1.5	0.21	0.67	0.13	0.12
Cash Growth	969.42%	629.13%	-69.34%	429.13%	7.63%	-2.48%
Receivables	81.35	62.3	54.54	62.9	65.94	59.37
Inventory	69.28	59.4	54.76	67.78	71.71	70.16
Prepaid Expenses	5.89	4.94	3.44	3.27	3.53	2.92
Other Current Assets	0.72	0.27	-	-	-	-
Total Current Assets	159.44	128.41	112.94	134.62	141.3	132.57
Property, Plant & Equipment	179.08	180.47	185.14	207.98	181.84	120.75
Goodwill	140.45	140.25	92.65	92.65	71.54	71.54
Other Intangible Assets	105.02	111.28	51.73	58.67	43.81	50.76
Long-Term Deferred Charges	0.59	0.41	-	-	-	-
Other Long-Term Assets	4	2.82	3.1	2.74	2.09	3.87
Total Assets	588.58	563.64	445.57	496.66	440.58	379.47
Accounts Payable	64.73	52.38	39.12	46.53	53.74	50.12
Accrued Expenses	12.06	6.81	11.16	10.78	32.21	13.97
Current Portion of Long-Term Debt	0.5	0.5	0.5	0.5	-	-
Current Portion of Leases	9.6	7.78	5.32	5.51	5.25	-
Current Unearned Revenue	2.62	3.32	3.46	3.64	6.14	6.14
Other Current Liabilities	4.35	3.99	5.03	4.76	5.12	7.14
Total Current Liabilities	93.86	74.77	64.59	71.71	102.45	77.37
Long-Term Debt	126.59	203.4	81.1	149.37	72.24	67.61
Long-Term Leases	30.23	27.43	25.69	29.08	32.68	-
Long-Term Deferred Tax Liabilities	7	11.3	16.83	12.61	11.82	8.64
Other Long-Term Liabilities	5.41	6.01	5.6	3.92	3.54	27.58
Total Liabilities	263.09	322.9	193.82	266.68	222.71	181.2
Additional Paid-In Capital	303.79	208.78	207.08	205.37	200.95	197.19
Retained Earnings	41.71	51.98	60.09	34.12	26.27	7.55
Treasury Stock	-20.02	-20.02	-15.41	-9.51	-9.35	-6.46
Shareholders' Equity	325.48	240.74	251.75	229.98	217.87	198.27
Total Liabilities & Equity	588.58	563.64	445.57	496.66	440.58	379.47
Total Debt	166.92	239.11	112.62	184.46	110.16	67.61
Net Cash (Debt)	-164.72	-237.6	-112.41	-183.79	-110.03	-67.49
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-7.84	-11.61	-5.36	-8.88	-5.32	-3.31
Filing Date Shares Outstanding	25.5	20.32	20.42	20.36	20.17	20.27
Total Common Shares Outstanding	25.5	20.32	20.42	20.31	20.17	20.34
Working Capital	65.58	53.65	48.35	62.91	38.86	55.19
Book Value Per Share	12.77	11.85	12.33	11.32	10.80	9.75
Tangible Book Value	80.01	-10.79	107.37	78.66	102.52	75.98
Tangible Book Value Per Share	3.14	-0.53	5.26	3.87	5.08	3.74
Land	2.56	2.56	2.56	2.64	1.03	1.03
Buildings	80.91	80.34	79.55	79.68	59.66	56.24
Machinery	373.52	359.27	337.71	321.86	274.05	244.11
Construction In Progress	8.57	4.73	3.26	9.78	26.44	15.44

SEC Filings: 10-K · 10-Q