Mare Engineering Group Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	2.55	0.99	3.04	6.18	3
Short-Term Investments	20.59	0.18	0.23	0.61	-
Cash & Short-Term Investments	23.14	1.17	3.27	6.79	3
Cash Growth	1875.96%	-64.20%	-51.85%	126.45%	-
Accounts Receivable	15.57	18.99	19.31	15.26	8.27
Other Receivables	-	10.81	10.44	7.72	7.25
Receivables	15.57	29.8	29.75	22.99	15.52
Inventory	8.74	3.66	0.42	0.16	0.02
Prepaid Expenses	-	0.63	0.59	-	-
Other Current Assets	1.84	0.04	0.18	0.42	0.17
Total Current Assets	49.29	35.89	35.47	30.36	18.7
Property, Plant & Equipment	1.42	1.7	1.9	1.45	0.4
Long-Term Investments	0.3	4.59	4.4	3.74	0.48
Goodwill	-	2.51	2.76	2.8	1.85
Other Intangible Assets	30.62	18	12.72	5.71	0.75
Long-Term Deferred Charges	-	2.29	2.78	4.73	7.62
Other Long-Term Assets	0	0.01	0	0.02	0.01
Total Assets	81.63	64.99	60.02	48.81	29.8
Accounts Payable	8.76	4.81	4.17	3.8	3.74
Accrued Expenses	-	0.59	0.58	2.01	0.9
Current Portion of Long-Term Debt	15.22	11.36	8.26	7.24	2.85
Current Income Taxes Payable	-	3.08	3.25	3.67	-
Other Current Liabilities	2.43	4.16	4.27	4.08	1.01
Total Current Liabilities	26.42	24.01	20.54	20.8	8.5
Long-Term Debt	11.07	15.06	15.61	11.35	8.15
Long-Term Unearned Revenue	-	3.12	2.44	-	-
Long-Term Deferred Tax Liabilities	-	0.12	0.09	0.01	0.69
Other Long-Term Liabilities	3.87	3.83	3.29	2.99	1.81
Total Liabilities	41.36	46.23	42.03	35.16	19.15
Common Stock	3.72	2.14	2.14	1.91	1.5
Retained Earnings	1.7	7.07	6.14	3.83	2.65
Comprehensive Income & Other	34.82	9.47	9.64	4.84	3.88
Total Common Equity	40.23	18.69	17.92	10.58	8.02
Minority Interest	0.03	0.07	0.06	3.07	2.63
Shareholders' Equity	40.26	18.76	17.98	13.66	10.65
Total Liabilities & Equity	81.63	64.99	60.02	48.81	29.8
Total Debt	26.3	26.42	23.88	18.6	11
Net Cash (Debt)	-3.16	-25.25	-20.6	-11.8	-8
Net Cash Per Share	-	-11.79	-9.62	-6.18	-
Filing Date Shares Outstanding	-	2.14	2.14	1.91	-
Total Common Shares Outstanding	-	2.14	2.14	1.91	-
Working Capital	22.87	11.88	14.93	9.56	10.21
Book Value Per Share	-	8.73	8.37	5.55	-
Tangible Book Value	9.62	-1.83	2.45	2.07	5.43
Tangible Book Value Per Share	-	-0.85	1.14	1.08	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.