Spectra Systems Corporation (AIM:SPSC)

Spectra Systems Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	13.35	13.25	17.5	16.78	14.04
Cash & Short-Term Investments	13.35	13.25	17.5	16.78	14.04
Cash Growth	0.76%	-24.25%	4.30%	19.50%	-1.49%
Accounts Receivable	7.6	5.05	4.66	2.71	2.9
Other Receivables	-	0.12	0.15	0.17	0.16
Receivables	7.6	5.17	4.81	2.87	3.06
Inventory	6.21	6.51	1.6	1.94	2.79
Prepaid Expenses	1.15	1.21	0.76	0.3	0.27
Total Current Assets	28.31	26.14	24.66	21.89	20.17
Property, Plant & Equipment	14.73	17.41	3.32	2.41	2.91
Long-Term Investments	0.1	0.1	-	-	-
Other Intangible Assets	13.51	13.51	7.06	7.16	7.2
Long-Term Deferred Tax Assets	2.09	1.84	1.88	1.08	1.4
Long-Term Deferred Charges	-	0.07	0.08	0.09	0.11
Other Long-Term Assets	2.23	1.03	1.02	0.52	1.12
Total Assets	60.97	60.1	38.02	33.15	32.9
Accounts Payable	3.63	2.75	0.93	0.49	0.53
Accrued Expenses	1.03	0.81	0.5	0.44	0.41
Short-Term Debt	0.45	0.56	-	-	-
Current Portion of Long-Term Debt	2.85	1.45	-	-	-
Current Portion of Leases	0.8	1.11	0.3	0.29	0.27
Current Income Taxes Payable	1.42	0.51	0.68	0.26	0.22
Current Unearned Revenue	4.97	6.06	4.63	2.18	1.67
Other Current Liabilities	-	-	-	0.08	0.07
Total Current Liabilities	15.16	13.26	7.04	3.73	3.17
Long-Term Debt	1.51	4.13	-	-	-
Long-Term Leases	4.97	5.28	0.97	0.74	0.96
Long-Term Unearned Revenue	0.5	1.5	1.68	0.76	0.55
Other Long-Term Liabilities	2.51	3.82	-	-	-
Total Liabilities	24.65	27.98	9.69	5.23	4.68
Common Stock	0.48	0.46	0.45	0.45	0.46
Additional Paid-In Capital	57.61	56.15	53.18	53.83	54.89
Retained Earnings	-21.94	-24.86	-25.73	-26.87	-27.73
Comprehensive Income & Other	-0.38	-0.21	-0.17	-0.14	-0.14
Total Common Equity	35.77	31.54	27.73	27.28	27.48
Minority Interest	0.56	0.57	0.6	0.64	0.74
Shareholders' Equity	36.33	32.11	28.32	27.92	28.22
Total Liabilities & Equity	60.97	60.1	38.02	33.15	32.9
Total Debt	10.58	12.53	1.27	1.03	1.23
Net Cash (Debt)	2.78	0.73	16.22	15.75	12.81
Net Cash Growth	282.03%	-95.52%	3.00%	22.92%	-2.30%
Net Cash Per Share	0.06	0.01	0.34	0.33	0.26
Filing Date Shares Outstanding	47.82	46.01	45.01	45.3	45.55
Total Common Shares Outstanding	47.82	46.01	45.01	45.3	45.55
Working Capital	13.15	12.88	17.62	18.16	17
Book Value Per Share	0.75	0.69	0.62	0.60	0.60
Tangible Book Value	22.26	18.03	20.67	20.12	20.28
Tangible Book Value Per Share	0.47	0.39	0.46	0.44	0.45
Machinery	-	13.29	4.13	3.24	3.31
Leasehold Improvements	-	1.81	1.56	1.55	1.53

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.