Meitec Corporation
MEITF · OTC
3/31/2025 | 3/31/2024 | 3/31/2023 | 3/31/2022 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $18,290,000 | $12,343,000 | $16,537,000 | $12,942,000 |
| Dep. & Amort. | $292,000 | $370,000 | $411,000 | $550,000 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $0 | $0 | $0 | $0 |
| Change in WC | $429,000 | $1,967,000 | $1,340,000 | $2,330,000 |
| Other Non-Cash | -$5,563,000 | -$13,000 | -$5,480,000 | -$2,290,000 |
| Operating Cash Flow | $13,448,000 | $14,667,000 | $12,808,000 | $13,532,000 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$142,000 | -$104,000 | -$286,000 | -$197,000 |
| Net Acquisitions | $0 | $0 | $0 | $0 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | -$856,000 | -$960,000 | -$160,000 | -$73,000 |
| Investing Cash Flow | -$998,000 | -$1,064,000 | -$446,000 | -$270,000 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $0 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$1,000 | -$3,500,000 | -$4,209,000 | -$3,414,000 |
| Dividends Paid | -$12,188,000 | -$8,385,000 | -$6,830,000 | -$5,273,000 |
| Other Fin. Act. | $0 | -$1,000 | -$1,000 | -$1,000 |
| Financing Cash Flow | -$12,189,000 | -$11,886,000 | -$11,040,000 | -$8,688,000 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | $261,000 | $1,716,000 | $1,322,000 | $4,574,000 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $52,744,000 | $51,028,000 | $49,706,000 | $45,132,000 |
| End Cash | $53,005,000 | $52,744,000 | $51,028,000 | $49,706,000 |
| Free Cash Flow | $13,288,000 | $14,407,000 | $12,522,000 | $13,335,000 |