Smith-Midland Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	13.38	7.55	9.18	6.73	13.49	8.76
Short-Term Investments	-	-	-	-	-	1.23
Cash & Short-Term Investments	13.38	7.55	9.18	6.73	13.49	9.99
Cash Growth	48.41%	-17.73%	36.41%	-50.15%	35.03%	293.39%
Accounts Receivable	26.86	20.75	17.73	17.21	10.45	10.54
Inventory	7.89	6.68	5.15	3.82	2.85	2.19
Other Current Assets	1.68	0.88	1.27	1.18	0.96	0.62
Total Current Assets	49.81	35.85	33.33	28.94	27.75	23.34
Net Property, Plant & Equipment	35.13	31.7	27.68	25.12	25.32	22.84
Other Long-Term Assets	0.51	0.44	0.34	0.25	0.21	0.32
Total Assets	85.44	67.99	61.35	54.31	53.28	46.5
Accounts Payable	5.74	4.74	7.34	5.82	2.07	1.87
Accrued Expenses	5.23	3.74	2.51	1.73	3.73	2.66
Current Portion of Long-Term Debt	0.66	0.66	0.64	0.62	0.46	0.74
Current Portion of Leases	0.02	0.02	0.04	0.08	3.87	1.29
Unearned Revenue	6.38	5.85	5.5	2.98	3.78	2.34
Total Current Liabilities	18.03	15.01	16.02	11.22	13.9	8.9
Long-Term Debt	3.93	4.44	5.09	5.73	3.68	6.89
Long-Term Leases	0.08	0.09	0	0.05	0.12	4
Other Long-Term Liabilities	11.27	6.72	6.08	4.26	3.82	3.06
Total Long-Term Liabilities	15.28	11.24	11.17	10.03	7.62	13.95
Total Liabilities	33.31	26.25	27.19	21.26	21.53	22.85
Common Stock	0.05	0.05	0.05	0.05	0.05	0.05
Treasury Stock	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1
Additional Paid-in Capital	7.73	7.72	7.81	7.44	6.94	6.41
Retained Earnings	44.45	34.07	26.4	25.66	24.86	17.29
Shareholders' Equity	52.13	41.74	34.16	33.06	31.75	23.65
Total Liabilities & Equity	85.44	67.99	61.35	54.31	53.28	46.5
Total Debt	4.69	5.21	5.77	6.47	8.13	12.92
Net Cash (Debt)	8.69	2.34	3.4	0.26	5.36	-2.93
Net Cash Growth	270.72%	-31.13%	1228.91%	-95.23%	-	-
Net Cash Per Share	1.64	0.44	0.64	0.05	1.02	-0.56
Book Value	52.13	41.74	34.16	33.06	31.75	23.65
Book Value Per Share	9.83	7.89	6.46	6.29	6.05	4.55
Tangible Book Value	52.13	41.74	34.16	33.06	31.75	23.65
Tangible Book Value Per Share	9.83	7.89	6.46	6.29	6.05	4.55

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q