CMU (CMU)
MFS High Yield Municipal Trust
NYSE:CMUFinancial Services · Asset Management
Mkt Cap-
Float25.1M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5.63M
Net Income-$18K
Total Assets$158.3M
Free Cash Flow$4.45M
Debt & Equity
Debt 35%
Equity 65%
Total Debt$51M
Total Equity$96.61M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CMU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$158.3M
Liabilities$61.7M
Accounts Receivable$2.87M
Accounts Payable$1.36M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 |
| Revenue | $5.63M | $7.5M | $8.25M | $4.85M | $10.51M | $6.72M | $13.55M | $3.74M | $11.43M | $12.11M | $11.53M | $11.02M | $11.23M | $11.21M |
| YoY Growth | -25.0% | -9.1% | 70.0% | -53.8% | 56.5% | -50.5% | 262.4% | -67.3% | -5.6% | 5.0% | 4.6% | -1.8% | 0.2% | - |
| Cost of Revenue | $853K | $865K | $3.01M | $1.49M | $1.48M | $1.42M | $1.49M | $3.47M | $3.03M | $1.52M | $2.46M | $2.44M | $0 | $0 |
| Gross Profit | $4.78M | $5.63M | $8.25M | $7.74M | $9.03M | $5.3M | $12.07M | $268K | $8.41M | $10.59M | $9.06M | $8.58M | $11.23M | $11.21M |
| Gross Margin | 84.9% | 75.0% | 100.0% | 159.5% | 85.9% | 78.9% | 89.0% | 7.2% | 73.5% | 87.5% | 78.6% | 77.9% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | -$6 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $294K | $1.1M | $452K | $301K | $274K | $316K | $313K | $311K | $314K | $0 | $1.77M | $1.74M | $1.75M | $1.9M |
| Other | $2.19M | $0 | $1.04M | -$27K | $1.41M | $1.32M | -$16K | $237K | $256K | $28.32M | -$1.39M | $150K | $0 | $0 |
| Total Operating Expenses | $2.48M | $1.1M | $1.49M | $274K | $1.68M | $1.63M | $297K | $319K | $341K | $6.59M | $1.39M | $9.37M | $18.58M | $18.56M |
| Operating Income (EBIT) | $2.3M | $6.4M | $4.28M | -$26.26M | $11.08M | $1.86M | $13.26M | -$467K | $14.42M | $9.35M | $7.68M | $9.28M | $9.48M | $9.31M |
| Operating Margin | 40.8% | 85.3% | 51.8% | -541.1% | 105.4% | 27.8% | 97.8% | -12.5% | 126.1% | 77.2% | 66.6% | 84.2% | 84.4% | 83.1% |
| Interest Expense | $2.31M | $2.73M | $3.01M | $1.49M | $868K | $1.37M | $2.06M | $1.95M | $1.51M | $0 | $0 | $11.11M | $0 | $0 |
| Interest Income | $7.58M | $7.42M | $8.13M | $7.69M | $8.21M | $8.88M | $10.24M | $10.89M | $10.96M | $0 | $0 | $0 | $959K | $1.82M |
| Other Income (Expense) | -$2.31M | $6.12M | -$3.01M | -$1.49M | -$868K | -$1.37M | $0 | -$5.84M | $1.82M | -$6.05M | -$1.9M | $10.18M | -$17.79M | $0 |
| Income Before Tax (EBT) | -$18K | $12.51M | $1.27M | -$27.75M | $10.21M | $497K | $13.26M | $3.42M | $11.09M | $3.3M | $7.67M | $19.46M | -$8.31M | $27.95M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.94M | $12.6M | $0 | $5 | $0 | $0 | $18.64M |
| Net Income | -$18K | $12.51M | $1.27M | -$27.75M | $10.21M | $497K | $13.26M | $3.42M | $11.09M | $4.5M | $7.67M | $19.45M | -$8.32M | $27.8M |
| Net Income Margin | -0.3% | 166.8% | 15.3% | -571.7% | 97.2% | 7.4% | 97.8% | 91.5% | 97.0% | 37.1% | 66.6% | 176.5% | -74.1% | 248.1% |
| Supplementary Data | ||||||||||||||
| EPS | 0.00 | 0.49 | 0.07 | -0.98 | 0.36 | 0.02 | 0.47 | 0.13 | 0.39 | 0.16 | 0.27 | 0.69 | -0.29 | 0.98 |
| Diluted EPS | 0.00 | 0.49 | 0.07 | -0.98 | 0.36 | 0.02 | 0.47 | 0.13 | 0.39 | 0.16 | 0.27 | 0.69 | -0.29 | 0.98 |
| Weighted Average OS | 25.49M | 25.49M | 18.09M | 28.33M | 28.33M | 28.33M | 28.32M | 26.31M | 28.32M | 28.31M | 28.30M | 28.30M | 28.29M | 28.26M |
| EBITDA | $2.3M | $6.4M | $4.34M | -$26.26M | $11.08M | $1.86M | $13.26M | $3.42M | $11.09M | $9.35M | $7.72M | $19.46M | -$8.31M | $27.95M |
| EBITDA Margin | 40.8% | 85.3% | 52.6% | -541.1% | 105.4% | 27.8% | 97.8% | 91.5% | 97.0% | 77.2% | 67.0% | 176.5% | -74.0% | 249.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $0 | $43K | $266K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $787 | $2K | $0 |
| Short-Term Investments | $2.15M | $0 | $0 | $0 | $0 | $0 | $0 | $224K | $230K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.15M | $43K | $266K | $0 | $0 | $0 | $0 | $224K | $230K | $0 | $0 | $787 | $2K | $0 |
| Accounts Receivable | $2.87M | $2.49M | $2.49M | $3.01M | $5.91M | $3.97M | $4.18M | $4.17M | $3.78M | $3.46M | $5M | $3.93M | $3.62M | $4.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$224K | -$230K | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$5.02M | -$2.49M | $0 | $0 | $0 | $0 | $0 | $224K | $312K | $473K | $314K | $269K | $353K | $0 |
| Total Current Assets | $0 | $43K | $2.75M | $3.01M | $5.91M | $3.97M | $4.18M | $951K | $517K | $3.93M | $5.31M | $4.2M | $3.98M | $4.3M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $159.64M | $152.52M | $172.65M | $214.64M | $205.4M | $210.21M | $204.61M | $208.82M | $204.12M | $207.07M | $209.49M | $197.4M | $214.79M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $268K | $0 | $0 | $0 | $3.41M | $3.45M | $3.5M | $463K | $492K | $534K | $570K | -$214.79M |
| Total Long-Term Assets | $158.3M | $159.64M | $152.79M | $172.65M | $214.64M | $205.4M | $213.62M | $208.06M | $212.32M | $204.58M | $207.56M | $210.03M | $197.97M | $214.79M |
| Other Assets | $158.3M | $2.5M | -$532K | $2K | $2K | $2K | $4 | $3 | $3 | $0 | $0 | $0 | $0 | $606K |
| Total Assets | $158.3M | $162.18M | $155.01M | $175.67M | $220.55M | $209.37M | $214.53M | $209.01M | $212.84M | $208.52M | $212.87M | $214.23M | $201.94M | $219.69M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $1.36M | $404K | $1.94M | $687K | $7.72M | $758K | $123K | $1.39M | $1.52M | $705K | $680K | $1.66M | $679K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $10.58M | -$9.27M | $12K | $15K | -$116K | -$93K | $161K | $54K | $25K | $25K | $28K | $101K | $31K | $245K |
| Total Current Liabilities | $10.58M | $404K | $1.95M | $704K | $7.83M | $866K | $334K | $1.76M | $1.8M | $940K | $894K | $1.97M | $906K | $2.35M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $51M | $51M | $59.97M | $69.91M | $74.85M | $75M | $75M | $75M | $74.97M | $74.94M | $71.1M | $71.1M | $71.1M | $71.12M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$51M | $0 | $0 | $558 | $0 | $0 | $0 | -$75M | -$74.97M | $0 | $0 | $0 | $0 | -$71.12M |
| Total Long-Term Liabilities | $51.11M | $51M | $59.97M | $69.91M | $74.85M | $75M | $75M | $75M | $74.97M | $74.94M | $71.1M | $71.1M | $71.1M | $71.12M |
| Other Liabilities | $51.11M | $60.79M | $94K | $69.31M | $67.15M | $114K | -$75M | $3 | -$2 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $61.7M | $60.79M | $62.01M | $70.72M | $82.82M | $75.98M | $75.49M | $76.76M | $76.76M | $75.88M | $71.99M | $73.07M | $72.01M | $73.48M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.9M | $3.9M | $3.9M | $3.9M |
| Common Stock | $115.11M | $115.11M | $115.14M | $124.61M | $124.67M | $124.69M | $124.69M | $129.28M | $131.83M | $142.68M | $154.39M | $165.48M | $172.62M | $172.48M |
| Retained Earnings | -$18.5M | -$13.71M | -$22.15M | -$19.66M | $13.06M | $8.7M | $14.35M | $2.97M | $703K | -$10.04M | -$17.41M | -$28.22M | -$46.58M | -$30.16M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.54M | $0 | $3.9M | $3.9M | $3.9M | $3.9M |
| Total Equity | $96.61M | $101.39M | $92.99M | $104.95M | $137.74M | $133.39M | $139.04M | $132.25M | $136.08M | $132.63M | $140.88M | $141.16M | $129.94M | $146.22M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $158.3M | $162.18M | $155.01M | $175.67M | $220.55M | $209.37M | $214.53M | $209.01M | $212.84M | $208.52M | $212.87M | $214.23M | $201.94M | $219.69M |
| Supplementary Data | ||||||||||||||
| Total Debt | $51M | $51M | $59.97M | $69.91M | $74.85M | $75M | $75M | $75M | $74.97M | $74.94M | $71.1M | $71.1M | $71.1M | $0 |
| Net Debt | $51M | -$43K | $59.97M | $69.91M | $74.85M | $75M | $75M | $75M | $74.97M | $74.94M | $71.1M | $71.1M | $71.1M | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 |
| Operating Activities | ||||||||||||||
| Net Income | -$18K | $12.51M | $1.27M | -$27.75M | $10.21M | $497K | $13.26M | $3.42M | $11.09M | $3.3M | $7.67M | $19.46M | -$8.31M | $27.95M |
| Depreciation & Amortization | $0 | $0 | $60K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $30K | -$15K | $178K | $181K | $176K | $392K | -$64K | $126K | $36K | -$145K | -$126K | -$6K | $68K | -$63K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$25K | $1.02M | $0 | $0 | $0 |
| Other Working Capital | -$30K | $74K | $228K | -$110K | $4K | -$67K | -$55K | $66K | $42K | $19K | -$89K | $163K | -$384K | $0 |
| Total Working Capital Change | -$879 | $59K | $406K | $71K | $180K | $326K | -$119K | $198K | $188K | -$126K | -$215K | $158K | -$316K | -$63K |
| Other Non-Cash Items | $4.47M | -$8.59M | $21.4M | $37.72M | -$4.35M | $5.22M | -$6.79M | $3.63M | -$3.63M | $4.4M | $12K | -$11.38M | $16.61M | -$22.58M |
| Net Cash from Operating | $4.45M | $3.99M | $23.14M | $10.04M | $6.05M | $6.04M | $6.35M | $7.25M | $7.65M | $7.43M | $7.3M | $8.24M | $7.99M | $5.37M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$19.52M | -$27.41M | -$44.47M | -$44.94M | -$29.7M | -$47.6M | -$42.63M | -$33.93M | -$35.05M | -$34.13M | -$38.66M | $0 | $0 | $0 |
| Sales of Investments | $19.02M | $29.75M | $62.1M | $48.6M | $30.47M | $48.97M | $42.9M | $33.7M | $33.77M | $36.22M | $38.69M | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$505K | $2.34M | $17.63M | $3.65M | $769K | $1.37M | $272K | -$232K | -$1.28M | $2.09M | $28K | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | $10K | -$9.26M | $19.32M | $5M | $172K | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $172K | $0 | $0 | $0 | $0 | $75M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$9.09M | -$9.41M | -$5M | -$75M | $0 | $0 | $0 | $0 | -$75M | $0 | $0 | $0 | $0 |
| Dividends Paid | -$4.77M | -$4.11M | -$3.82M | -$5.04M | -$5.87M | -$6.15M | -$6.46M | -$7.25M | -$7.65M | -$7.65M | -$7.96M | -$8.24M | -$7.94M | -$8.89M |
| Other Financing Activities | $0 | $0 | $19.32M | $5M | $0 | $0 | $32K | $0 | $0 | -$74K | $0 | $0 | -$49K | $3.52M |
| Net Cash from Financing | -$4.78M | -$3.94M | -$23.14M | -$10.04M | -$6.05M | -$6.18M | -$6.43M | -$7.25M | -$7.65M | -$7.72M | -$7.96M | -$8.24M | -$7.99M | -$5.37M |
| Forex Effect | $786K | -$2.42M | $0 | $0 | -$1.02M | -$1.37M | -$272K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$43K | $43K | $17.63M | $3.65M | $769K | -$138K | -$86K | -$232K | -$1.28M | $0 | $298K | -$2K | $2K | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $4.45M | $3.99M | $23.14M | $10.04M | $6.05M | $6.04M | $6.35M | $7.25M | $7.65M | $7.43M | $7.3M | $8.24M | $7.99M | $5.37M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $4.45M | $3.99M | $23.14M | $10.04M | $6.05M | $6.04M | $6.35M | $7.25M | $7.65M | $7.43M | $7.3M | $8.24M | $7.99M | $5.37M |
| Cash at Beginning | $43K | $0 | $0 | $0 | $0 | $138K | $224K | $0 | $0 | $305K | $787 | $2K | $0 | $0 |
| Cash at End | $0 | $43K | $17.63M | $3.65M | $769K | $0 | $138K | -$232K | -$1.28M | $305K | $299K | $787 | $2K | $0 |