Mastech Digital, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $36.5M | $27.7M | $21.1M | $7.1M | $6.6M | $7.7M | $3.0M | $1.3M |
| Accounts Receivable | $20.6M | $23.8M | $22.6M | $33.6M | $34.2M | $22.0M | $22.3M | $28.9M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $68.6M | $66.2M | $56.5M | $53.2M | $53.9M | $41.2M | $36.9M | $40.7M |
| Property, Plant & Equipment | $1.6M | $2.0M | $1.9M | $2.7M | $3.0M | $2.0M | $2.5M | $2.2M |
| Goodwill | $27.2M | $27.2M | $27.2M | $32.5M | $32.5M | $32.5M | $26.1M | $26.1M |
| Intangible Assets (Excl. Goodwill) | $7.8M | $10.3M | $13.0M | $15.8M | $18.8M | $21.9M | $20.1M | $22.7M |
| Total Assets | $111.8M | $111.5M | $105.2M | $108.9M | $114.1M | $102.0M | $90.6M | $92.6M |
| Liabilities | ||||||||
| Accounts Payable | $3.5M | $4.7M | $4.7M | $4.5M | $5.0M | $2.6M | $4.0M | $4.1M |
| Total Current Liabilities | $21.1M | $20.6M | $19.9M | $19.6M | $26.8M | $22.0M | $19.1M | $17.9M |
| Long-Term Debt | — | — | — | $0 | $8.7M | $12.9M | $20.7M | $34.1M |
| Total Liabilities | $22.5M | $24.1M | $23.8M | $22.9M | $39.6M | $42.5M | $44.3M | $58.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $56.4M | $55.8M | $52.4M | $59.6M | $50.8M | $38.6M | $28.8M | $17.6M |
| Total Stockholders' Equity | $89.3M | $87.4M | $81.4M | $86.0M | $74.4M | $59.5M | $46.3M | $34.3M |