Balance Sheet McPhy Energy

Equities

ALMCP

FR0011742329

Industrial Machinery & Equipment

Market Closed - Euronext Paris Other stock markets 16:55:00 15/07/2025 BST			5-day change	1st Jan Change
0.1500 ^EUR	0.00%		0.00%	-86.73%

07-08	John Cockerill S.A completed the acquisition of Assets and Activities of McPhy from McPhy Energy S.A. for ?0.6 million.	CI
04-21	McPhy Energy S.A. Receives Bid for Potential Takeover	CI

32214c3e8928842.bl9UEPX1Z4FBIHdTxdCzMu3TtkE5Rbgv3Dvj2Ye6Y58.XjwaW7-9JNYGRQEUs-mABYL-33kPaP9VkwqwtcH4J9wxDgxYgaUT9hAYFA

Published financial data: MCPHY ENERGY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	13.69M	13.13M	16.06M	18.77M	13.2M
Total Revenues	13.69M	13.13M	16.06M	18.77M	13.2M
Cost of Goods Sold, Total	7.36M	10.53M	15.9M	16M	10.85M
Gross Profit	6.34M	2.6M	161K	2.77M	2.35M
Selling General & Admin Expenses, Total	14.8M	19.46M	38.69M	48.32M	46.75M
Depreciation & Amortization - (IS)	1.21M	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	1.51M	1.77M	2.8M	3.68M
Other Operating Expenses	-889K	5.17M	-1.91M	1.85M	17.36M
Other Operating Expenses, Total	15.12M	26.15M	38.56M	52.97M	67.79M
Operating Income	-8.79M	-23.55M	-38.4M	-50.2M	-65.44M
Interest Expense, Total	-141K	-186K	-312K	-348K	-2.89M
Net Interest Expenses	-141K	-186K	-312K	-348K	-2.89M
Other Non Operating Income (Expenses)	-137K	70K	94K	-60K	-8.24M
EBT, Excl. Unusual Items	-9.06M	-23.66M	-38.61M	-50.61M	-76.56M
Gain (Loss) On Sale Of Investments	26K	73K	606K	3.19M	2.53M
Other Unusual Items	-236K	31K	-52K	-	-
EBT, Incl. Unusual Items	-9.27M	-23.56M	-38.06M	-47.42M	-74.03M
Income Tax Expense	66K	14K	97K	14K	63K
Earnings From Continuing Operations	-9.34M	-23.57M	-38.16M	-47.43M	-74.09M
Net Income to Company	-9.34M	-23.57M	-38.16M	-47.43M	-74.09M
Net Income - (IS)	-9.34M	-23.57M	-38.16M	-47.43M	-74.09M
Net Income to Common Incl Extra Items	-9.34M	-23.57M	-38.16M	-47.43M	-74.09M
Net Income to Common Excl. Extra Items	-9.34M	-23.57M	-38.16M	-47.43M	-74.09M
Per Share Items
Net EPS - Basic	-0.34	-0.85	-1.37	-1.7	-2.53
Basic EPS - Continuing Operations	-0.34	-0.85	-1.37	-1.7	-2.53
Basic Weighted Average Shares Outstanding	27.86M	27.88M	27.89M	27.87M	29.28M
Net EPS - Diluted	-0.34	-0.85	-1.37	-1.7	-2.53
Diluted EPS - Continuing Operations	-0.34	-0.85	-1.37	-1.7	-2.53
Diluted Weighted Average Shares Outstanding	27.86M	27.88M	27.89M	27.87M	29.28M
Normalized Basic EPS	-0.2	-0.53	-0.87	-1.14	-1.63
Normalized Diluted EPS	-0.2	-0.53	-0.87	-1.14	-1.63
Supplemental Items
EBITDA	-8.07M	-21.97M	-36.72M	-48.03M	-63.47M
EBITA	-8.69M	-22.66M	-37.23M	-48.83M	-64.76M
EBIT	-8.79M	-23.55M	-38.4M	-50.2M	-65.44M
Total Revenues (As Reported)	14.64M	14.61M	17.94M	19.9M	14.68M
Effective Tax Rate - (Ratio)	-0.71	-0.06	-0.25	-0.03	-0.09
Total Current Taxes	11K	10K	10K	28K	63K
Total Deferred Taxes	54K	4K	86K	-14K	-
Normalized Net Income	-5.66M	-14.79M	-24.13M	-31.63M	-47.85M
Non-Cash Pension Expense	-14K	-71K	1K	3K	3.3K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	2.5M	2.65M	3.76M	3.11M	16.3K
Stock-Based Comp., SG&A Exp. (Total)	253K	212K	698K	928K	155K
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	253K	212K	698K	928K	155K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	198M	178M	136M	63.22M	39.64M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	198M	178M	136M	63.22M	39.64M
Accounts Receivable, Total	7.71M	8.3M	9.42M	12.3M	9.36M
Other Receivables	4.91M	1.6M	6.54M	5.73M	13.95M
Total Receivables	12.62M	9.9M	15.96M	18.03M	23.31M
Inventory	2.84M	4.25M	12.02M	7.65M	12.3M
Prepaid Expenses	151K	-	-	-	571K
Other Current Assets, Total	-	1.02M	3.56M	23.08M	-
Total Current Assets	213M	193M	168M	112M	75.82M
Gross Property Plant And Equipment	12.01M	13.4M	25.41M	40.8M	47.79M
Accumulated Depreciation	-8.25M	-8.57M	-7.36M	-7.1M	-9.29M
Net Property Plant And Equipment	3.76M	4.84M	18.05M	33.7M	38.5M
Long-term Investments	-	-	12.36M	12.82M	9.58M
Goodwill	2.49M	2.49M	2.49M	1.74M	1.74M
Other Intangibles, Total	177K	192K	1.39M	748K	1.66M
Loans Receivable Long-Term	340K	420K	492K	494K	301K
Deferred Tax Assets Long-Term	87K	126K	66K	1.18M	591K
Deferred Charges Long-Term	-	3.47M	6.21M	1.77M	3.53M
Other Long-Term Assets, Total	1K	1K	-	-	1K
Total Assets	220M	205M	209M	164M	132M
Liabilities
Accounts Payable, Total	6.03M	6.68M	18.22M	13.39M	15.53M
Accrued Expenses, Total	3.58M	2.11M	4.5M	5.27M	6.8M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	4.25M	184K	177K	1.18M	177K
Current Portion of Leases	666K	881K	1.38M	931K	2.08M
Unearned Revenue Current, Total	3.41M	5.82M	33.24M	29.14M	17.56M
Other Current Liabilities	664K	10.12M	6.14M	11.17M	11.08M
Total Current Liabilities	18.6M	25.8M	63.66M	61.08M	53.23M
Long-Term Debt	869K	1.22M	925K	847K	22.35M
Long-Term Leases	1.59M	2.3M	3.58M	2.02M	16.17M
Unearned Revenue Non Current	-	-	2.5M	6.8M	3.2M
Deferred Tax Liability Non Current	609K	640K	688K	1.78M	1.19M
Other Non Current Liabilities	1.22M	2.2M	2.48M	3.65M	15.65M
Total Liabilities	22.89M	32.15M	73.83M	76.17M	112M
Common Stock, Total	3.34M	3.35M	3.36M	3.36M	3.51M
Additional Paid In Capital	207M	202M	192M	172M	131M
Retained Earnings	-14.3M	-32.47M	-60.3M	-87.34M	-118M
Treasury Stock	-36K	-1.24M	-895K	-624K	-241K
Comprehensive Income and Other	1.37M	1.11M	1.15M	1.32M	4.05M
Total Common Equity	197M	173M	135M	88.24M	19.95M
Total Equity	197M	173M	135M	88.24M	19.95M
Total Liabilities And Equity	220M	205M	209M	164M	132M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	27.89M	27.9M	27.89M	28.75M	29.14M
ECS Total Common Shares Outstanding	27.92M	27.9M	27.89M	27.87M	29.14M
Book Value / Share	7.07	6.19	4.84	3.17	0.68
Tangible Book Value	195M	170M	131M	85.75M	16.55M
Tangible Book Value Per Share	6.97	6.09	4.7	3.08	0.57
Total Debt	7.38M	4.58M	6.06M	4.97M	40.78M
Net Debt	-190M	-173M	-130M	-58.25M	1.14M
Debt Equivalent of Unfunded Proj. Benefit Obligation	167K	107K	76K	105K	101K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.32M	3.96M	11.45M	-	10.89M
Inventories - Work In Process, Total	-	31K	200K	-	-
Inventories - Finished Goods, Total	659K	594K	550K	-	1.73M
Inventories - Others	227K	-	-	-	-
Land - (BS)	2.8M	3.65M	8.58M	5.2M	26.01M
Machinery, Total	6.85M	6.66M	4.47M	4.86M	5.32M
Full Time Employees	110	154	205	265	220
Accumulated Allowance for Doubtful Accounts (Supple)	752K	193K	245K	109K	2.33M
Order Backlog	15.2M	20.2M	30.6M	23.8M	29.8M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-9.34M	-23.57M	-38.16M	-47.43M	-74.09M
Depreciation & Amortization - CF	616K	694K	512K	801K	2.82M
Amortization of Goodwill and Intangible Assets - (CF)	96K	885K	1.16M	1.38M	676K
Depreciation & Amortization, Total	712K	1.58M	1.68M	2.18M	3.5M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	314K
(Gain) Loss From Sale Of Asset	31K	402K	248K	-16K	-13.78M
Asset Writedown & Restructuring Costs	-	5.98M	-390K	3.37M	-
Stock-Based Compensation (CF)	-	-	-	-	-
Other Operating Activities, Total	1.27M	-215K	27.54M	-4.15M	39.06M
Change In Accounts Receivable	-2.68M	-24K	-1.13M	-2.88M	2.93M
Change In Inventories	-900K	-1.41M	-7.76M	-3.25M	-4.65M
Change In Accounts Payable	1.15M	655K	8.63M	-3.37M	2.5M
Change in Other Net Operating Assets	2.43M	5.27M	-7.51M	4.13M	-11.98M
Cash from Operations	-7.33M	-11.33M	-16.86M	-51.42M	-56.19M
Capital Expenditure	-340K	-1.56M	-9.01M	-22.88M	-13.9M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-115K	-3.58M	-4.08M	-1.64M	-3.67M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-609K
Other Investing Activities, Total	-	1K	-9.94M	3.74M	3.2M
Cash from Investing	-455K	-5.14M	-23.02M	-20.78M	-14.97M
Long-Term Debt Issued, Total	4.07M	480K	-	1.03M	47.95M
Total Debt Issued	4.07M	480K	-	1.03M	47.95M
Long-Term Debt Repaid, Total	-1.07M	-4.94M	-1.74M	-1.61M	-3.31M
Total Debt Repaid	-1.07M	-4.94M	-1.74M	-1.61M	-3.31M
Issuance of Common Stock	189M	414K	95K	296K	3.08M
Other Financing Activities, Total	-1K	-	1K	-	-1K
Cash from Financing	192M	-4.05M	-1.65M	-284K	47.71M
Foreign Exchange Rate Adjustments	-	-	-161K	46K	64K
Miscellaneous Cash Flow Adjustments	1K	1K	-	-	1K
Net Change in Cash	185M	-20.52M	-41.69M	-72.44M	-23.38M
Supplemental Items
Cash Income Tax Paid (Refund)	11K	10K	-684K	28K	-1.93M
Levered Free Cash Flow	-5.05M	-6.7M	-12.99M	-72.66M	-51.54M
Unlevered Free Cash Flow	-4.96M	-6.59M	-12.8M	-72.44M	-49.73M
Change In Net Working Capital	-23K	-11.48M	-21.92M	19.65M	-4.76M
Net Debt Issued / Repaid	3M	-4.46M	-1.74M	-580K	44.63M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-4.4	-6.93	-11.61	-16.82	-27.62
Return on Total Capital	-4.9	-7.71	-15.08	-26.8	-53.13
Return On Equity %	-8.74	-12.75	-24.81	-42.51	-136.96
Return on Common Equity	-8.74	-12.75	-24.81	-42.51	-136.96
Margin Analysis
Gross Profit Margin %	46.27	19.83	1	14.75	17.81
SG&A Margin	108.11	148.25	240.91	257.36	354.13
EBITDA Margin %	-58.96	-167.31	-228.63	-255.81	-480.82
EBITA Margin %	-63.46	-172.6	-231.82	-260.08	-490.57
EBIT Margin %	-64.16	-179.34	-239.06	-267.41	-495.69
Income From Continuing Operations Margin %	-68.2	-179.54	-237.58	-252.65	-561.27
Net Income Margin %	-68.2	-179.54	-237.58	-252.65	-561.27
Net Avail. For Common Margin %	-68.2	-179.54	-237.58	-252.65	-561.27
Normalized Net Income Margin	-41.37	-112.64	-150.26	-168.49	-362.47
Levered Free Cash Flow Margin	-36.85	-51.05	-80.89	-387.02	-390.39
Unlevered Free Cash Flow Margin	-36.21	-50.17	-79.67	-385.86	-376.72
Asset Turnover
Asset Turnover	0.11	0.06	0.08	0.1	0.09
Fixed Assets Turnover	4.17	3.06	1.4	0.73	0.37
Receivables Turnover (Average Receivables)	2.03	1.64	1.81	1.73	1.22
Inventory Turnover (Average Inventory)	3.08	2.97	1.95	1.63	1.09
Short Term Liquidity
Current Ratio	11.46	7.49	2.63	1.83	1.42
Quick Ratio	11.3	7.29	2.39	1.33	1.18
Operating Cash Flow to Current Liabilities	-0.39	-0.44	-0.26	-0.84	-1.06
Days Sales Outstanding (Average Receivables)	180.29	222.54	201.19	211.06	300.25
Days Outstanding Inventory (Average Inventory)	118.96	123	186.71	224.2	336.42
Average Days Payable Outstanding	241.7	194.32	192.08	495.78	341.42
Cash Conversion Cycle (Average Days)	57.55	151.22	195.83	-60.52	295.24
Long Term Solvency
Total Debt/Equity	3.74	2.65	4.49	5.63	204.4
Total Debt / Total Capital	3.61	2.59	4.3	5.33	67.15
LT Debt/Equity	1.25	2.04	3.34	3.24	193.06
Long-Term Debt / Total Capital	1.2	1.98	3.2	3.07	63.42
Total Liabilities / Total Assets	10.4	15.7	35.37	46.33	84.86
EBIT / Interest Expense	-62.31	-126.6	-123.06	-144.26	-22.66
EBITDA / Interest Expense	-57.26	-118.11	-117.7	-138.01	-21.45
(EBITDA - Capex) / Interest Expense	-59.67	-126.51	-146.57	-203.76	-26.26
Total Debt / EBITDA	-0.91	-0.21	-0.16	-0.1	-0.66
Net Debt / EBITDA	23.57	7.9	3.54	1.21	-0.02
Total Debt / (EBITDA - Capex)	-0.88	-0.19	-0.13	-0.07	-0.54
Net Debt / (EBITDA - Capex)	22.62	7.37	2.85	0.82	-0.01
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	20.26	-4.12	22.32	16.89	-29.68
Gross Profit, 1 Yr. Growth %	20.8	-58.9	-93.81	1.62K	-15.1
EBITDA, 1 Yr. Growth %	43	189.28	67.13	30.8	29.2
EBITA, 1 Yr. Growth %	35.93	176.03	64.21	31.16	29.71
EBIT, 1 Yr. Growth %	35.5	168.01	62.98	30.77	30.34
Earnings From Cont. Operations, 1 Yr. Growth %	49.32	152.39	61.87	24.31	56.21
Net Income, 1 Yr. Growth %	49.32	152.39	61.87	24.31	56.21
Normalized Net Income, 1 Yr. Growth %	48.25	161.07	63.11	31.09	51.27
Diluted EPS Before Extra, 1 Yr. Growth %	-19.05	150	61.18	24.25	48.65
Accounts Receivable, 1 Yr. Growth %	33.33	7.69	13.56	30.61	-23.87
Inventory, 1 Yr. Growth %	46.42	49.61	182.57	-36.35	60.83
Net Property, Plant and Equip., 1 Yr. Growth %	33.72	28.79	273.28	86.69	14.25
Total Assets, 1 Yr. Growth %	652.79	-6.98	1.95	-21.24	-19.88
Tangible Book Value, 1 Yr. Growth %	1.3K	-12.68	-22.84	-34.56	-80.72
Common Equity, 1 Yr. Growth %	1.09K	-12.49	-21.83	-34.6	-77.39
Cash From Operations, 1 Yr. Growth %	-2.16	54.53	48.79	205.02	9.26
Capital Expenditures, 1 Yr. Growth %	341.56	359.41	476.7	154.01	-39.27
Levered Free Cash Flow, 1 Yr. Growth %	68.37	46.79	70.85	430.81	-29.27
Unlevered Free Cash Flow, 1 Yr. Growth %	68.56	47.09	70.88	436.87	-31.54
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	31.24	7.38	8.3	19.58	-9.34
Gross Profit, 2 Yr. CAGR %	36.55	-29.54	-84.06	3.14	282.13
EBITDA, 2 Yr. CAGR %	-2.73	97.25	119.9	47.84	31.48
EBITA, 2 Yr. CAGR %	-3.43	88.28	112.96	46.75	31.89
EBIT, 2 Yr. CAGR %	-3.29	90.57	109.05	45.98	30.56
Earnings From Cont. Operations, 2 Yr. CAGR %	-1.04	94.13	102.12	41.85	39.35
Net Income, 2 Yr. CAGR %	-1.04	94.13	102.12	41.85	39.35
Normalized Net Income, 2 Yr. CAGR %	-1.98	96.73	106.4	46.22	40.82
Diluted EPS Before Extra, 2 Yr. CAGR %	-32.86	42.26	100.73	41.51	35.9
Accounts Receivable, 2 Yr. CAGR %	33.03	19.83	10.51	21.79	-0.28
Inventory, 2 Yr. CAGR %	14.63	48.01	105.61	34.11	1.17
Net Property, Plant and Equip., 2 Yr. CAGR %	24.28	31.23	119.26	163.99	46.05
Total Assets, 2 Yr. CAGR %	171.25	164.62	-2.62	-10.39	-20.56
Tangible Book Value, 2 Yr. CAGR %	286.07	249.18	-17.94	-28.94	-64.47
Common Equity, 2 Yr. CAGR %	254.64	222.65	-17.29	-28.5	-61.55
Cash From Operations, 2 Yr. CAGR %	2.24	22.96	51.63	113.03	82.56
Capital Expenditures, 2 Yr. CAGR %	-2.68	350.4	414.72	282.73	24.2
Levered Free Cash Flow, 2 Yr. CAGR %	7.94	49.55	68.67	209.12	94.03
Unlevered Free Cash Flow, 2 Yr. CAGR %	7.45	49.64	69.04	211.03	91.98
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.77	18.2	12.15	11.09	0.18
Gross Profit, 3 Yr. CAGR %	12.81	-8.49	-68.69	-24.11	-3.34
EBITDA, 3 Yr. CAGR %	14.19	37.06	86.66	84.93	42.42
EBITA, 3 Yr. CAGR %	11.27	34.48	79.92	81.18	41.88
EBIT, 3 Yr. CAGR %	11.18	35.84	80.92	78.78	40.57
Earnings From Cont. Operations, 3 Yr. CAGR %	11.9	35.2	82.72	71.89	46.48
Net Income, 3 Yr. CAGR %	11.9	35.2	82.72	71.89	46.48
Normalized Net Income, 3 Yr. CAGR %	11.66	35.88	84.84	77.41	47.88
Diluted EPS Before Extra, 3 Yr. CAGR %	-20.67	4.06	48.31	71.07	43.85
Accounts Receivable, 3 Yr. CAGR %	23.76	23.98	17.65	16.84	4.13
Inventory, 3 Yr. CAGR %	4.59	25.27	83.61	39.09	42.48
Net Property, Plant and Equip., 3 Yr. CAGR %	8.58	25.77	85.94	107.82	99.68
Total Assets, 3 Yr. CAGR %	120.66	89.86	92.55	-9.27	-13.67
Tangible Book Value, 3 Yr. CAGR %	275.91	135.24	111.07	-23.9	-53.99
Common Equity, 3 Yr. CAGR %	214.19	122.44	101.14	-23.52	-51.29
Cash From Operations, 3 Yr. CAGR %	3.05	17.33	31.02	91.41	70.52
Capital Expenditures, 3 Yr. CAGR %	-16.21	63.25	389.08	306.75	107.2
Levered Free Cash Flow, 3 Yr. CAGR %	3.9	15.67	63.05	151.52	89.24
Unlevered Free Cash Flow, 3 Yr. CAGR %	3.7	15.32	63.25	152.91	87.97
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	28.48	11.76	9.78	18.75	3
Gross Profit, 5 Yr. CAGR %	24.14	0.28	-48.43	-4.01	-14.83
EBITDA, 5 Yr. CAGR %	-0.09	22.4	46.61	41.28	62.24
EBITA, 5 Yr. CAGR %	-1.64	20.43	42.63	39.27	58.9
EBIT, 5 Yr. CAGR %	-1.51	21.12	43.13	39.83	58.78
Earnings From Cont. Operations, 5 Yr. CAGR %	-0.42	23.37	41.76	37.82	63.95
Net Income, 5 Yr. CAGR %	-0.42	23.37	41.76	37.82	63.95
Normalized Net Income, 5 Yr. CAGR %	-0.83	20.69	42.77	39.93	65.78
Diluted EPS Before Extra, 5 Yr. CAGR %	-19.91	-0.56	15.01	17.68	43.21
Accounts Receivable, 5 Yr. CAGR %	41.29	14.55	18.28	23.07	10.12
Inventory, 5 Yr. CAGR %	12.7	9.28	37.06	28.73	44.67
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.78	8.13	43.83	69.19	68.82
Total Assets, 5 Yr. CAGR %	51.96	51.43	59.09	40.61	35.13
Tangible Book Value, 5 Yr. CAGR %	71.58	103.93	104.51	45.71	3.49
Common Equity, 5 Yr. CAGR %	65.95	86.8	84.22	41.27	3.77
Cash From Operations, 5 Yr. CAGR %	1.46	4.91	20.26	48.94	49.61
Capital Expenditures, 5 Yr. CAGR %	-11.32	21.75	73.2	129.55	182.67
Levered Free Cash Flow, 5 Yr. CAGR %	7.97	-1.25	23.62	75.76	76.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	7.9	-1.17	23.55	75.96	76.04