CXE (CXE)
MFS High Income Municipal Trust
NYSE:CXEFinancial Services · Asset Management
Mkt Cap-
Float30.9M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.14M
Net Income$76K
Total Assets$214.12M
Free Cash Flow$5.97M
Debt & Equity
Debt 35%
Equity 65%
Total Debt$69.2M
Total Equity$130.58M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CXE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$214.12M
Liabilities$83.53M
Accounts Receivable$3.87M
Accounts Payable$1.85M
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 | $3.14M | $10.15M | $10.24M | $5.89M | $12.66M | $8.7M | $16.25M | $4.57M | $13.62M | $15.14M | $14.5M | $13.73M | $14.01M | $14.17M |
| YoY Growth | -69.1% | -0.9% | 73.9% | -53.5% | 45.4% | -46.4% | 255.2% | -66.4% | -10.0% | 4.4% | 5.6% | -2.0% | -1.2% | - |
| Cost of Revenue | $3.14M | $3.7M | $1.37M | $1.93M | $1.83M | $1.78M | $1.87M | $1.82M | $2.02M | $2.15M | $2.11M | $0 | $0 | $0 |
| Gross Profit | -$4K | $10.15M | $8.87M | $9.68M | $10.83M | $6.92M | $14.38M | $2.76M | $11.6M | $12.99M | $12.39M | $13.73M | $14.01M | $14.17M |
| Gross Margin | -0.1% | 100.0% | 86.6% | 164.5% | 85.5% | 79.5% | 88.5% | 60.3% | 85.2% | 85.8% | 85.5% | 100.0% | 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 | $317K | $1.49M | $1.6M | $325K | $289K | $354K | $336K | $332K | $337K | $0 | $2.43M | $2.39M | $2.41M | $2.55M |
| Other | -$396K | $0 | $0 | -$272K | $1.77M | $1.66M | -$247K | -$229K | -$69K | $31.5M | -$1.57M | $0 | $0 | $0 |
| Total Operating Expenses | -$79K | $1.49M | $1.6M | $53K | $2.06M | $2.01M | $89K | $103K | $268K | $8.82M | $1.57M | $11.42M | $23.29M | $20.26M |
| Operating Income (EBIT) | $3.22M | $8.66M | $8.64M | -$32.34M | $13.73M | $2.58M | $16.16M | $7M | $15.3M | $11.51M | $10.82M | $11.34M | $11.6M | $11.62M |
| Operating Margin | 102.5% | 85.3% | 84.4% | -549.3% | 108.5% | 29.6% | 99.5% | 153.1% | 112.4% | 76.0% | 74.6% | 82.6% | 82.8% | 82.0% |
| Interest Expense | $3.14M | $3.7M | $3.75M | $1.93M | $1.13M | $1.78M | $2.68M | $2.53M | $1.95M | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $10.16M | $0 | $10.09M | $9.58M | $10.41M | $11.26M | $12.94M | $13.75M | $13.75M | $0 | $0 | $1.2M | $1.24M | $271K |
| Other Income (Expense) | -$3.14M | $7.72M | $0 | -$1.93M | -$1.13M | -$1.78M | $0 | -$7.25M | $1.85M | -$7.97M | -$1.24M | $12.61M | -$22.12M | $47K |
| Income Before Tax (EBT) | $76K | $16.37M | $2.45M | -$34.27M | $12.61M | $799K | $16.16M | $4.47M | $13.35M | $3.53M | $9.58M | $23.95M | -$10.52M | $34.17M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $2K | $0 | $0 | -$161K | $15.3M | $0 | $0 | $0 | $0 | $22.54M |
| Net Income | $76K | $16.37M | $2.45M | -$34.27M | $12.6M | $799K | $16.16M | $4.47M | $13.35M | $5.1M | $9.58M | $23.95M | -$10.53M | $33.97M |
| Net Income Margin | 2.4% | 161.3% | 23.9% | -582.1% | 99.6% | 9.2% | 99.5% | 97.7% | 98.0% | 33.7% | 66.1% | 174.4% | -75.2% | 239.7% |
| Supplementary Data | ||||||||||||||
| EPS | 0.00 | 0.52 | 0.08 | -1.09 | 0.40 | 0.03 | 0.51 | 0.14 | 0.43 | 0.16 | 0.30 | 0.76 | -0.33 | 1.08 |
| Diluted EPS | 0.00 | 0.52 | 0.08 | -1.09 | 0.40 | 0.03 | 0.51 | 0.14 | 0.43 | 0.16 | 0.30 | 0.76 | -0.33 | 1.08 |
| Weighted Average OS | 31.53M | 31.53M | 31.53M | 31.53M | 31.53M | 26.65M | 29.08M | 31.51M | 31.06M | 31.50M | 31.50M | 31.50M | 31.50M | 31.49M |
| EBITDA | $3.22M | $8.66M | $8.72M | -$32.34M | $13.73M | $2.58M | $16.16M | $4.47M | $13.35M | $11.51M | $9.58M | $23.95M | -$10.52M | $34.12M |
| EBITDA Margin | 102.5% | 85.3% | 85.1% | -549.3% | 108.5% | 29.6% | 99.5% | 97.7% | 98.0% | 76.0% | 66.1% | 174.4% | -75.1% | 240.7% |
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 | $64K | $0 | $0 | $0 | $0 | $1.28M | $294K | $306K | $0 | $148 | $35K | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $0 | $64K | $0 | $0 | $0 | $0 | $1.28M | $294K | $306K | $0 | $148 | $35K | $0 | $0 |
| Accounts Receivable | $3.87M | $3.34M | $4.01M | $3.76M | $6.19M | $5.03M | $5.22M | $5.24M | $4.88M | $4.34M | $5.34M | $4.32M | $4.7M | $5.55M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$3.34M | $30K | $0 | $0 | $13K | -$1.28M | $310K | $424K | $635K | $413K | $355K | $465K | -$5.55M |
| Total Current Assets | $3.87M | $64K | $4.04M | $3.76M | $6.19M | $5.05M | $5.22M | $5.24M | $4.88M | $4.98M | $5.76M | $4.71M | $5.16M | $5.55M |
| 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 | $210.25M | $215.81M | $206.29M | $212.44M | $270.53M | $258.16M | $264.14M | $257.46M | $262.43M | $257M | $262M | $262.41M | $248.57M | $271.19M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3K | $219.16M | $230K | $216.21M | $270.53M | $0 | $0 | -$257.46M | -$262.43M | $554K | $593K | $646K | $693K | $202K |
| Total Long-Term Assets | $210.25M | $215.81M | $206.52M | $212.44M | $270.53M | $258.16M | $264.14M | $257.46M | $262.43M | $257.55M | $262.59M | $263.06M | $249.26M | $271.39M |
| Other Assets | $0 | $3.35M | -$227K | $3K | $3K | $2K | $165K | $296K | $309K | $0 | $0 | $0 | $0 | $276.94M |
| Total Assets | $214.12M | $219.22M | $210.33M | $216.21M | $276.72M | $263.21M | $269.52M | $263.01M | $267.62M | $262.53M | $268.35M | $267.77M | $254.42M | $276.94M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $1.85M | $500K | $2.51M | $906K | $9.73M | $962K | $180K | $1.72M | $2.09M | $886K | $854K | $0 | $841K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $681 | $0 | $0 | $37K | $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 | $915K | $0 | $0 | $362K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $14.33M | -$12.43M | $8K | -$908K | -$105K | -$99K | -$219K | $56K | -$168K | $13K | $15K | $115K | $20K | $232K |
| Total Current Liabilities | $14.33M | $500K | $2.52M | $916K | $9.84M | $1.08M | $399K | $2.16M | $2.2M | $1.14M | $1.08M | $346K | $1.08M | $0 |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $69.2M | $69.2M | $81.46M | $86.38M | $97.3M | $97.5M | $97.54M | $97.5M | $97.46M | $97.44M | $91.88M | $91.88M | $91.88M | $91.88M |
| 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 | $14.33M | $0 | $0 | $0 | $0 | $0 | $0 | -$97.5M | -$97.46M | $20 | $0 | $0 | $0 | $2.96M |
| Total Long-Term Liabilities | $83.53M | $69.2M | $81.46M | $86.38M | $97.3M | $97.5M | $97.54M | $97.5M | $97.46M | $97.44M | $91.88M | $91.88M | $91.88M | $94.84M |
| Other Liabilities | $0 | $82.25M | $99K | $85.57M | $87.58M | $110K | -$97.54M | $0 | -$5 | $0 | $0 | $0 | $0 | $94.61M |
| Total Liabilities | $83.53M | $82.25M | $84.07M | $87.41M | $107.26M | $98.69M | $98.04M | $99.66M | $99.66M | $98.58M | $92.96M | $92.22M | $92.96M | $94.84M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.63M | $5.63M | $5.63M | $5.63M |
| Common Stock | $153.85M | $153.85M | $153.9M | $153.98M | $154.06M | $154.06M | $154.04M | $159.52M | $162.92M | $180.77M | $202.53M | $208.6M | $218.01M | $0 |
| Retained Earnings | -$23.27M | -$16.88M | -$27.64M | -$25.18M | $15.4M | $10.46M | $17.44M | $3.83M | $1.07M | -$16.82M | -$32.76M | -$38.67M | -$62.17M | -$41.5M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $17.44M | -$0 | $0 | -$0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.97M | $0 | $5.63M | $5.63M | $5.63M | $223.6M |
| Total Equity | $130.58M | $136.97M | $126.26M | $128.8M | $169.46M | $164.52M | $171.48M | $163.35M | $167.95M | $163.95M | $175.39M | $175.55M | $161.47M | $182.1M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $214.12M | $219.22M | $210.33M | $216.21M | $276.72M | $263.21M | $269.52M | $263.01M | $267.62M | $262.53M | $268.35M | $267.77M | $254.42M | $276.94M |
| Supplementary Data | ||||||||||||||
| Total Debt | $69.2M | $69.2M | $81.46M | $86.38M | $97.3M | $97.5M | $97.54M | $97.5M | $97.46M | $97.44M | $91.88M | $91.88M | $91.88M | $91.88M |
| Net Debt | $69.2M | -$64K | $81.46M | $86.38M | $97.3M | $97.5M | $96.26M | $97.21M | $97.16M | $97.44M | $91.87M | $91.84M | $91.88M | $91.88M |
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 | $76K | $16.37M | $2.45M | -$34.27M | $12.6M | $799K | $16.16M | $4.47M | $13.35M | $3.53M | $9.58M | $23.95M | -$10.52M | $34.17M |
| Depreciation & Amortization | $0 | $0 | $79K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | -$11K | -$80K | $50K | $212K | $240K | $449K | -$10K | $130K | $34K | -$233K | $22K | $3K | $30K | -$26K |
| 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 | -$32K | $0 | $0 | $0 | $0 |
| Other Working Capital | -$42K | $96K | $305K | -$85K | -$16K | -$70K | -$91K | $98K | $40K | $26K | -$126K | $219K | -$504K | $0 |
| Total Working Capital Change | -$53K | $16K | $355K | $127K | $224K | $379K | -$101K | $240K | $224K | -$207K | -$104K | $223K | -$475K | -$26K |
| Other Non-Cash Items | $5.95M | -$10.79M | $7.11M | $51.53M | -$4.94M | $6.44M | -$8.18M | $4.35M | -$4.22M | $5.98M | $3.25M | -$14.27M | $21.15M | -$27.39M |
| Net Cash from Operating | $5.97M | $5.6M | $10M | $17.39M | $7.89M | $7.62M | $7.87M | $9.06M | $9.36M | $9.07M | $12.74M | $9.9M | $10.15M | $6.78M |
| 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 | -$28.58M | -$38.79M | -$58.88M | -$55.96M | -$39.56M | -$60.85M | -$52.37M | -$42.08M | -$41.48M | -$42.45M | $0 | $0 | $0 | $0 |
| Sales of Investments | $26.94M | $38.3M | $65.19M | $63.85M | $43.1M | $61.45M | $54.1M | $40.64M | $40.6M | $42.55M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$1.64M | -$493K | $6.3M | $7.89M | $3.55M | $605K | $1.73M | -$1.44M | -$880K | $101K | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | $10K | -$120K | $5M | $11M | $219K | - | - | - | - | $82K | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$12.3M | -$5M | -$11M | -$97.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$6.46M | -$5.66M | -$5M | -$6.39M | -$7.67M | -$7.75M | -$8.04M | -$9.06M | -$9.36M | -$9.35M | -$9.74M | -$9.87M | -$10.1M | -$11.33M |
| Other Financing Activities | $0 | $12.3M | $0 | $0 | $0 | $0 | $37K | $0 | -$20 | $20 | $0 | $0 | -$59K | $4.55M |
| Net Cash from Financing | -$6.47M | -$5.54M | -$10M | -$17.39M | -$7.89M | -$7.78M | -$8.01M | -$9.06M | -$9.36M | -$9.43M | -$9.74M | -$9.87M | -$10.15M | -$6.78M |
| Forex Effect | $2.08M | $663K | $0 | $0 | $0 | $0 | -$1.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$64K | $64K | $6.3M | $7.89M | $3.55M | $443K | -$132K | -$12K | -$151K | $457K | $369K | $35K | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $5.97M | $5.6M | $10M | $17.39M | $7.89M | $7.62M | $7.87M | $9.06M | $9.36M | $9.07M | $12.74M | $9.9M | $10.15M | $6.78M |
| Capital Expenditure | $3 | -$5 | -$4 | $3 | $0 | $5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $5.97M | $5.6M | $10M | $17.39M | $7.89M | $7.62M | $7.87M | $9.06M | $9.36M | $9.07M | $12.74M | $9.9M | $10.15M | $6.78M |
| Cash at Beginning | $64K | $0 | $0 | $4.82M | $1.28M | $162K | $294K | $306K | $457K | $148 | $35K | $0 | $0 | $0 |
| Cash at End | $0 | $64K | $6.3M | $7.89M | $4.82M | $605K | $162K | $294K | $306K | $457K | $404K | $35K | $0 | $0 |