BADGER METER INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $72.3m $87.2m
Prepaid Expense and Other Assets, Current $6.2m $4.1m $4.5m $7.9m $5.3m $8.7m $13.3m $13.2m $17.1m $16.8m
Inventory, Net $77.7m $85.2m $80.8m $81.9m $81.6m $99.6m $119.9m $153.7m $143.4m $151.9m
Accounts Receivable, after Allowance for Credit Loss $66.3m $61.4m $61.7m $65.9m $76.7m $83.5m $84.3m $112.4m
Assets, Current $151.0m $158.6m $164.7m $200.1m $220.9m $261.4m $347.8m $442.2m $540.1m $507.1m
Property, Plant and Equipment, Net $90.2m $93.6m $90.3m $85.8m $82.7m $78.0m $73.5m $73.9m $74.3m $79.6m
Goodwill $49.3m $67.4m $71.3m $71.3m $88.7m $104.3m $101.3m $113.2m $111.8m $235.6m
Operating Lease, Right-of-Use Asset $8.4m $6.9m $5.9m $6.5m $5.5m $5.9m $12.5m
Other Assets, Noncurrent $6.6m $9.9m $8.9m $15.9m $17.4m $15.4m $14.0m $11.2m $12.7m $18.7m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $59.8m $58.2m $66.3m $61.4m $61.7m $65.9m $76.7m $83.5m $84.3m $112.4m
Assets $349.7m $391.7m $392.7m $421.9m $468.4m $530.8m $603.0m $716.9m $816.4m $973.6m
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $18.4m $28.6m $22.5m $31.5m $34.9m $41.9m $71.4m $81.8m $55.7m $72.3m
Deferred Revenue, Noncurrent $32.2m $49.8m $64.2m $72.8m
Liabilities, Current $75.8m $93.1m $60.0m $57.2m $65.2m $82.1m $110.3m $131.9m $118.2m $150.7m
Deferred Income Tax Liabilities, Net $3.4m $5.7m $5.4m $4.6m $5.1m $3.7m $3.5m
Other Liabilities, Noncurrent $4.0m $4.1m $14.0m $23.0m $25.3m $29.8m $37.8m $4.8m $4.8m $11.1m
Deferred Tax Liabilities, Net $1.2m $578k $1.2m $134k $606k
Stockholders’ equity:
Common Stock, Value, Issued $37.1m $37.2m $37.2m $37.2m $37.2m $37.2m $37.2m $37.2m $37.2m $37.2m
Retained Earnings (Accumulated Deficit) $223.9m $244.2m $257.3m $285.9m $314.9m $353.5m $395.2m $458.7m $547.8m $645.9m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($11.6m) ($10.9m) $580k $425k $1.3m $136k ($6.0m) ($1.6m) ($7.9m) $6.5m
Additional Paid in Capital, Common Stock $28.0m $32.2m $38.1m $42.0m $45.0m $49.2m $53.3m $59.2m $65.8m $75.3m
Stockholders' Equity Attributable to Parent $256.2m $277.5m $303.5m $331.1m $361.3m $403.1m $442.4m $516.5m $606.2m $713.3m
Liabilities and Equity $349.7m $391.7m $392.7m $421.9m $468.4m $530.8m $603.0m $716.9m $816.4m $973.6m