Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	4.65M	10.25M	14.37M	10.84M
Cash & Short-Term Investments	4.65M	10.25M	14.37M	10.84M
Receivables	123.19M	116.17M	98.94M	146.30M
Inventory	172.22M	183.27M	190.26M	131.37M
Current Assets	312.81M	323.03M	317.67M	303.81M
PP&E	19.02M	20.51M	16.69M	14.03M
Intangible Assets	1.98M	2.46M	1.47M	1.57M
Total Assets	334.44M	346.63M	336.31M	319.47M
Liabilities
Accounts Payable	72.84M	58.02M	80.22M	48.73M
Current Liabilities	213.73M	237.56M	248.09M	218.26M
Short-Term Debt	116.17M	156.72M	150.27M	149.60M
Total Debt	130.98M	172.34M	163.66M	161.39M
Total Liabilities	249.00M	271.50M	277.94M	247.48M
Equity & Ownership
Retained Earnings	10.69M	25.10M	9.77M	46.85M
Total Equity	85.44M	75.14M	58.37M	72.00M
Net Debt	126.32M	162.09M	149.29M	150.55M
Shares Outstanding	7,500,000	7,500,000	7,500,000	7,500,000
Cash & Assets
Total Assets	334.44M	346.63M	336.31M	319.47M
Total Current Assets	312.81M	323.03M	317.67M	303.81M
Cash & Equivalents	4.65M	10.25M	14.37M	10.84M
Cash & Short-Term Investments	4.65M	10.25M	14.37M	10.84M
Net Cash (Debt)	-126.32M	-162.09M	-149.29M	-150.55M
Net Cash Per Share	-16.84	-21.61	-19.91	-20.07
Cash Growth	-54.6%	-28.6%	+32.5%	—
Accounts Receivable	123.19M	116.17M	96.97M	79.33M
Other Receivables	—	—	1.97M	66.98M
Receivables	123.19M	116.17M	98.94M	146.30M
Inventory	172.22M	183.27M	190.26M	131.37M
Prepaid Expenses	2.44M	4.21M	6.12M	2.71M
Buildings	9.16M	9.17M	—	9.28M
Machinery	32.97M	32.71M	—	28.52M
Leasehold Improvements	5.37M	5.27M	—	5.11M
Property, Plant & Equipment	19.02M	20.51M	16.69M	14.03M
Other Intangible Assets	1.98M	2.46M	1.47M	1.57M
Other Current Assets	10.31M	9.13M	7.98M	12.59M
Long-Term Deferred Tax Assets	620.02K	638.11K	478.48K	61.62K
Long-Term Leases	9.36M	8.77M	8.31M	8.54M
Current Portion of Leases	5.44M	6.85M	5.08M	3.25M
Liabilities & Obligations
Total Liabilities	249.00M	271.50M	277.94M	247.48M
Total Liabilities & Equity	334.44M	346.63M	336.31M	319.47M
Total Current Liabilities	213.73M	237.56M	248.09M	218.26M
Accounts Payable	72.84M	58.02M	80.22M	48.73M
Accrued Expenses	13.03M	12.88M	10.67M	8.80M
Current Income Taxes Payable	4.59M	0.57M	0.96M	1.11M
Current Unearned Revenue	0.51M	1.18M	0.89M	1.47M
Other Current Liabilities	1.15M	1.34M	—	5.30M
Pension & Post-Retirement Benefits	25.90M	25.17M	21.54M	20.68M
Debt & Funding
Short-Term Debt	116.17M	156.72M	150.27M	149.60M
Total Debt	130.98M	172.34M	163.66M	161.39M
Equity & Book Value
Shareholders' Equity	85.44M	75.14M	58.37M	72.00M
Common Stock	75.00M	50.00M	50.00M	10.00M
Additional Paid-In Capital	—	—	—	16.18M
Retained Earnings	10.69M	25.10M	9.77M	46.85M
Comprehensive Income & Other	-0.25M	0.04M	-1.40M	-1.03M
Book Value Per Share	11.39	10.02	7.78	9.60
Tangible Book Value	83.46M	72.68M	56.89M	70.43M
Tangible Book Value Per Share	11.13	9.69	7.59	9.39
Filing Date Shares Outstanding	7.50M	7.50M	7.50M	7.50M
Total Common Shares Outstanding	7.50M	7.50M	7.50M	7.50M
Working Capital	99.08M	85.47M	69.58M	85.56M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	4.65M	10.25M	14.37M	10.84M
Cash & Short-Term Investments	4.65M	10.25M	14.37M	10.84M
Receivables	123.19M	116.17M	98.94M	146.30M
Inventory	172.22M	183.27M	190.26M	131.37M
Current Assets	312.81M	323.03M	317.67M	303.81M
PP&E	19.02M	20.51M	16.69M	14.03M
Intangible Assets	1.98M	2.46M	1.47M	1.57M
Total Assets	334.44M	346.63M	336.31M	319.47M
Liabilities
Accounts Payable	72.84M	58.02M	80.22M	48.73M
Current Liabilities	213.73M	237.56M	248.09M	218.26M
Short-Term Debt	116.17M	156.72M	150.27M	149.60M
Total Debt	130.98M	172.34M	163.66M	161.39M
Total Liabilities	249.00M	271.50M	277.94M	247.48M
Equity & Ownership
Retained Earnings	10.69M	25.10M	9.77M	46.85M
Total Equity	85.44M	75.14M	58.37M	72.00M
Net Debt	126.32M	162.09M	149.29M	150.55M
Shares Outstanding	7,500,000	7,500,000	7,500,000	7,500,000
Cash & Assets
Total Assets	334.44M	346.63M	336.31M	319.47M
Total Current Assets	312.81M	323.03M	317.67M	303.81M
Cash & Equivalents	4.65M	10.25M	14.37M	10.84M
Cash & Short-Term Investments	4.65M	10.25M	14.37M	10.84M
Net Cash (Debt)	-126.32M	-162.09M	-149.29M	-150.55M
Net Cash Per Share	-16.84	-21.61	-19.91	-20.07
Cash Growth	-54.6%	-28.6%	+32.5%	—
Accounts Receivable	123.19M	116.17M	96.97M	79.33M
Other Receivables	—	—	1.97M	66.98M
Receivables	123.19M	116.17M	98.94M	146.30M
Inventory	172.22M	183.27M	190.26M	131.37M
Prepaid Expenses	2.44M	4.21M	6.12M	2.71M
Buildings	9.16M	9.17M	—	9.28M
Machinery	32.97M	32.71M	—	28.52M
Leasehold Improvements	5.37M	5.27M	—	5.11M
Property, Plant & Equipment	19.02M	20.51M	16.69M	14.03M
Other Intangible Assets	1.98M	2.46M	1.47M	1.57M
Other Current Assets	10.31M	9.13M	7.98M	12.59M
Long-Term Deferred Tax Assets	620.02K	638.11K	478.48K	61.62K
Long-Term Leases	9.36M	8.77M	8.31M	8.54M
Current Portion of Leases	5.44M	6.85M	5.08M	3.25M
Liabilities & Obligations
Total Liabilities	249.00M	271.50M	277.94M	247.48M
Total Liabilities & Equity	334.44M	346.63M	336.31M	319.47M
Total Current Liabilities	213.73M	237.56M	248.09M	218.26M
Accounts Payable	72.84M	58.02M	80.22M	48.73M
Accrued Expenses	13.03M	12.88M	10.67M	8.80M
Current Income Taxes Payable	4.59M	0.57M	0.96M	1.11M
Current Unearned Revenue	0.51M	1.18M	0.89M	1.47M
Other Current Liabilities	1.15M	1.34M	—	5.30M
Pension & Post-Retirement Benefits	25.90M	25.17M	21.54M	20.68M
Debt & Funding
Short-Term Debt	116.17M	156.72M	150.27M	149.60M
Total Debt	130.98M	172.34M	163.66M	161.39M
Equity & Book Value
Shareholders' Equity	85.44M	75.14M	58.37M	72.00M
Common Stock	75.00M	50.00M	50.00M	10.00M
Additional Paid-In Capital	—	—	—	16.18M
Retained Earnings	10.69M	25.10M	9.77M	46.85M
Comprehensive Income & Other	-0.25M	0.04M	-1.40M	-1.03M
Book Value Per Share	11.39	10.02	7.78	9.60
Tangible Book Value	83.46M	72.68M	56.89M	70.43M
Tangible Book Value Per Share	11.13	9.69	7.59	9.39
Filing Date Shares Outstanding	7.50M	7.50M	7.50M	7.50M
Total Common Shares Outstanding	7.50M	7.50M	7.50M	7.50M
Working Capital	99.08M	85.47M	69.58M	85.56M

Financials

Annual (SAR)

PAN GULF

Annual (SAR)