Treace Medical Concepts, Inc. (TMCI)

Treace Medical Concepts 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	18.18	12.98	19.47	105.83	18.08	12.14
Short-Term Investments	76.87	110.22	61.78	-	-	-
Cash & Short-Term Investments	95.05	123.2	81.25	105.83	18.08	12.14
Cash Growth	-31.86%	51.62%	-23.23%	485.39%	48.93%	-
Accounts Receivable	25.56	38.06	29.2	18.57	14.49	10.41
Other Receivables	0.9	1.1	0.4	-	-	-
Receivables	26.46	39.16	29.6	18.57	14.49	10.41
Inventory	41.28	29.25	19.33	10.56	7.82	5.56
Prepaid Expenses	8.77	6.75	3.22	3.01	0.59	0.46
Total Current Assets	171.55	198.36	133.4	137.97	40.98	28.57
Property, Plant & Equipment	33.02	31.56	25.48	2.85	0.83	1.15
Goodwill	12.82	12.82	-	-	-	-
Other Intangible Assets	8.55	9.03	-	-	-	-
Other Long-Term Assets	0.15	0.15	0.15	-	-	-
Total Assets	226.08	251.91	159.02	140.82	41.81	29.72
Accounts Payable	18.07	11.84	8.67	4.06	2.27	0.93
Accrued Expenses	25.85	25.43	21.24	14.15	7.54	6.4
Current Portion of Long-Term Debt	-	-	-	-	1.79	-
Current Portion of Leases	0.39	1.4	0.34	-	-	-
Other Current Liabilities	0.13	6.37	-	-	-	-
Total Current Liabilities	44.45	45.03	30.25	18.21	11.6	7.33
Long-Term Debt	53.16	53.01	52.71	29.54	29.43	19.22
Long-Term Leases	16.3	15.89	15.54	-	-	-
Other Long-Term Liabilities	0.04	0.04	-	-	-	-
Total Liabilities	113.94	113.97	98.5	47.75	41.03	26.56
Common Stock	0.06	0.06	0.06	0.05	0.03	0.03
Additional Paid-In Capital	286.48	271.97	145.22	134.93	14.17	12.88
Retained Earnings	-174.13	-134.25	-84.72	-41.91	-21.35	-17.69
Treasury Stock	-0.25	-0.01	-	-	-	-
Comprehensive Income & Other	-0.03	0.16	-0.03	-	-	-
Total Common Equity	112.14	137.94	60.53	93.07	-7.16	-4.77
Shareholders' Equity	112.14	137.94	60.53	93.07	0.78	3.16
Total Liabilities & Equity	226.08	251.91	159.02	140.82	41.81	29.72
Total Debt	69.85	70.3	68.59	29.54	31.22	19.22
Net Cash (Debt)	25.19	52.9	12.66	76.3	-13.14	-7.08
Net Cash Growth	-63.43%	317.71%	-83.40%	-	-	-
Net Cash Per Share	0.41	0.87	0.23	1.58	-0.35	-0.19
Filing Date Shares Outstanding	62.19	61.75	61.16	54.75	37.37	37.03
Total Common Shares Outstanding	62.18	61.75	55.63	54.18	37.37	37.03
Working Capital	127.11	153.33	103.16	119.76	29.38	21.24
Book Value Per Share	1.80	2.23	1.09	1.72	-0.19	-0.13
Tangible Book Value	90.78	116.1	60.53	93.07	-7.16	-4.77
Tangible Book Value Per Share	1.46	1.88	1.09	1.72	-0.19	-0.13
Machinery	25.58	20.19	12.32	5.06	3.16	2.57
Construction In Progress	0.41	1.12	0.71	0.13	-	-
Leasehold Improvements	10.12	9.43	6.43	0.27	0.17	0.08

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