Metallus Inc
For the period ended Mar 31, 2025. Filed May 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
MTUS$17.52+0.3%Stored close · as of Nov 10, 2026
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Consolidated Statements of Cash Flows (Unaudited)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (Dollars in millions) | ||
| CASH PROVIDED (USED) | ||
| Operating Activities | ||
| Net income (loss) | $1.3 | $24.0 |
| Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities: | ||
| Depreciation and amortization | 13.7 | 13.4 |
| Amortization of deferred financing fees | 0.1 | 0.1 |
| Loss (gain) on sale or disposal of assets, net | (1.5) | 0.1 |
| Stock-based compensation expense | 3.4 | 3.5 |
| Pension and postretirement (benefit) expense, net | 0.8 | 2.0 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (34.8) | (6.7) |
| Inventories, net | (10.8) | (9.3) |
| Accounts payable | 34.0 | 16.5 |
| Other accrued expenses | 2.9 | (4.2) |
| Deferred charges and prepaid expenses | 2.5 | 1.3 |
| Pension and postretirement contributions and payments | (53.0) | (28.4) |
| Other, net | 2.5 | 21.1 |
| Net Cash Provided (Used) by Operating Activities | (38.9) | 33.4 |
| Investing Activities | ||
| Capital expenditures | (27.5) | (17.4) |
| Proceeds from government funding | 12.9 | — |
| Proceeds from disposals of property, plant and equipment | 1.7 | — |
| Net Cash Provided (Used) by Investing Activities | (12.9) | (17.4) |
| Financing Activities | ||
| Purchase of treasury shares | (5.6) | (4.4) |
| Proceeds from exercise of stock options | — | 1.1 |
| Shares surrendered for employee taxes on stock compensation | (2.6) | (15.4) |
| Net Cash Provided (Used) by Financing Activities | (8.2) | (18.7) |
| Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash | (60.0) | (2.7) |
| Cash, cash equivalents, and restricted cash at beginning of period | 241.9 | 281.3 |
| Cash, Cash Equivalents, and Restricted Cash at End of Period | $181.9 | $278.6 |
| The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows: | ||
| Cash and cash equivalents | $180.3 | $278.1 |
| Restricted cash reported in other current assets | 1.6 | 0.5 |
| Total cash, cash equivalents, and restricted cash shown in the Consolidated Statements of Cash Flows | $181.9 | $278.6 |
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