Meitec Corporation
MEITF · OTC
3/31/2025 | 3/31/2024 | 3/31/2023 | 3/31/2022 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $53,005,000 | $52,744,000 | $51,028,000 | $49,706,000 |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Receivables | $18,106,000 | $18,211,000 | $17,354,000 | $16,098,000 |
| Inventory | $196,000 | $174,000 | $172,000 | $178,000 |
| Other Curr. Assets | $5,743,000 | $3,638,000 | $930,000 | $955,000 |
| Total Curr. Assets | $77,050,000 | $74,767,000 | $69,484,000 | $66,937,000 |
| Property Plant & Equip (Net) | $4,250,000 | $4,656,000 | $4,785,000 | $5,002,000 |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangibles | $312,000 | $403,000 | $369,000 | $345,000 |
| Long-Term Investments | $27,000 | $27,000 | $941,000 | $846,000 |
| Tax Assets | $9,686,000 | $9,356,000 | $8,994,000 | $8,458,000 |
| Other NC Assets | $2,278,000 | $1,549,000 | $0 | -$1,000 |
| Total NC Assets | $16,553,000 | $15,991,000 | $15,089,000 | $14,650,000 |
| Other Assets | $2,000 | $3,000 | $3,000 | $3,000 |
| Total Assets | $93,605,000 | $90,761,000 | $84,576,000 | $81,590,000 |
| Liabilities | – | – | – | – |
| Payables | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 |
| Tax Payable | $10,639,000 | $3,674,000 | $5,443,000 | $5,782,000 |
| Deferred Revenue | $0 | $0 | $0 | $47,000 |
| Other Curr. Liab. | $17,366,000 | $22,117,000 | $15,381,000 | $13,840,000 |
| Total Curr. Liab. | $28,005,000 | $25,791,000 | $20,824,000 | $19,669,000 |
| LT Debt | $0 | $0 | $0 | $0 |
| Deferred Rev, NC | $0 | $0 | $0 | $0 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $16,825,000 | $17,273,000 | $17,032,000 | $16,633,000 |
| Total NC Liab. | $16,825,000 | $17,273,000 | $17,032,000 | $16,633,000 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $44,830,000 | $43,064,000 | $37,856,000 | $36,302,000 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $289,000 | $0 |
| Common Stock | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Retained Earnings | $43,942,000 | $43,554,000 | $49,207,000 | $44,865,000 |
| AOCI | $267,000 | -$425,000 | -$289,000 | -$1,168,000 |
| Other Equity | -$434,000 | -$432,000 | -$7,487,000 | -$3,408,000 |
| Total Equity | $48,775,000 | $47,697,000 | $46,720,000 | $45,288,000 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $93,605,000 | $90,761,000 | $84,576,000 | $81,590,000 |
| Net Debt | -$53,005,000 | -$52,744,000 | -$51,028,000 | -$49,706,000 |