← Bandwidth Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $22.4m |
$6.0m
-73.29%
|
$17.9m
+200.17%
|
$2.5m
-86.08%
|
($44.0m)
-1863.31%
|
($27.4m)
+37.78%
|
$19.6m
+171.52%
|
($16.3m)
-183.51%
|
($6.5m)
+60.08%
|
($12.9m)
-97.92%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $19.4m |
$5.3m
-72.55%
|
$17.9m
+236.46%
|
$2.5m
-86.08%
|
— | — | $19.6m |
($16.3m)
-183.51%
|
($6.5m)
+60.08%
|
($12.9m)
-97.92%
|
— | |
| Amortization of Debt Issuance Costs | $52k | $376k | $64k | $177k | $14.6m | $26.8m | $3.1m | $2.5m | $1.7m | $1.4m | — | |
| Amortization of Intangible Assets | $891k | $839k | $554k | $520k | $3.7m | $19.1m | $17.2m | $17.3m | $17.5m | $18.1m | — | |
| Capitalized Computer Software, Amortization | $2.8m | $2.1m | $1.8m | $2.0m | $2.0m | $1.8m | $2.2m | $3.2m | $4.2m | $6.9m | — | |
| Depreciation | $5.3m | $4.9m | $5.3m | $9.0m | $13.1m | $17.5m | $18.4m | $24.4m | $31.7m | $35.7m | $30.4m | |
| Deferred Income Tax Expense (Benefit) | ($11.1m) | $6.2m | ($10.8m) | ($17.5m) | $14.3m | ($8.3m) | ($6.6m) | ($7.1m) | ($5.4m) | ($5.1m) | ($4.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $1.4m | $1.8m | $3.3m | $6.6m | $9.9m | $14.5m | $20.7m | $37.0m | $48.4m | $52.3m | $51.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $1.4m | $1.8m | $4.0m | $2.1m | $1.1m | $2.3m | $2.9m | — | |
| Share-based Payment Arrangement, Expense | $1.4m | $1.8m | $3.3m | $6.6m | $9.9m | $14.5m | $20.7m | $37.0m | $48.4m | $52.3m | $51.8m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $695k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | $41.6m | $16.2m | $11.1m | ($2.2m) | — | |
| Other Nonoperating Income (Expense) | — | — | $301k | $2.5m | ($15.5m) | ($29.0m) | $4.5m | $195k | $2.7m | ($1.3m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $4.0m | $4.4m | $2.8m | $6.2m | $18.8m | $6.7m | $13.3m | $3.5m | $8.7m | $4.0m | ($21.4m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | $1.3m | $913k | $543k | $733k | $3.0m | $1.3m | ($21.4m) | |
| Increase (Decrease) in Accounts Payable | $243k | ($2.4m) | ($169k) | $1.1m | $315k | $2.0m | $17.2m | $5.4m | ($4.6m) | $13.1m | $29.9m | |
| Purchases of property and equipment, accrued but unpaid | $3.8m | $5.0m | $12.4m | $22.2m | $12.3m | $3.8m | $1.7m | $6.9m | $11.4m | $6.6m | ($31.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $5.2m |
$14.6m
+183.72%
|
$24.6m
+68.45%
|
($1.3m)
-105.09%
|
$4.5m
+460.57%
|
$40.8m
+803.12%
|
$34.9m
-14.45%
|
$39.0m
+11.73%
|
$83.9m
+115.08%
|
$89.5m
+6.69%
|
$98.4m
+9.95%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.8m | $5.0m | $12.4m | $22.2m | $12.3m | $20.7m | $41.7m | $9.3m | $14.0m | $22.3m | ($31.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($19k) | ($91k) | ($191k) | ($456k) | ($334k) | ($832k) | ($41.7m) | ($9.3m) | ($14.0m) | ($22.3m) | ($12.4m) | |
| Gain (Loss) on Sale of Investments | — | — | — | $4k | $0 | $0 | — | — | — | — | — | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | ($1k) | $1k | — | — | $314k | ($248k) | ($61k) | $24k | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $0 | $0 | $18.0m | $69.0m | $0 | $0 | $74.3m | $91.8m | $53.5m | $9.7m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($7.4m) | ($8.0m) | ($31.7m) | ($7.7m) | ($455.1m) | $2.8m | ($133.4m) | $30.8m | ($1.4m) | ($39.1m) | ($27.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $0 | $0 | $40.2m | $12.8m | $10.3m | $1.1m | — | |
| Proceeds from Issuance of Common Stock | $974k | $174k | $11.0m | $147.4m | $0 | $0 | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | — | $24.2m |
$10.7m
-55.83%
|
$152.4m
+1327.00%
|
$346.9m
+127.59%
|
$207.0m
-40.32%
|
($120.0m)
-157.97%
|
($52.8m)
+56.02%
|
($131.3m)
-148.74%
|
($29.1m)
+77.86%
|
$41.0m
+241.05%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $0 | $3.6m | $143.5m | ($103.6m) | $250.9m | ($217.7m) | $17.7m | ($50.1m) | $20.9m | $172.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $0 | $41.5m | $185.0m | $81.4m | $332.3m | $114.6m | $132.3m | $82.2m | $103.2m | $172.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $0 | $0 | ($9k) | $109k | $189k | $881k | $610k | ($1.2m) | ($440k) | ($2.2m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | $174k | $11.0m | $7.4m | $4.1m | $926k | $163k | $413k | $167k | $109k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.3m | $1.5m | $107k | $341k | $579k | $1.5m | $18k | ($1.5m) | $691k | ($182k) | — | |
| Income Taxes Paid, Net | $6k | $855k | $155k | ($178k) | $454k | $2.0m | $3.9m | $7.2m | $3.8m | ($55k) | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | $9k | $32k | $100k | $200k | — | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | — | — | — | $1.0m | $0 | — | |
| General and Administrative Expense | $33.9m | $37.1m | $47.6m | $58.8m | $88.8m | $113.8m | $68.0m | $65.4m | $71.7m | $75.2m | — | |
| Goodwill | $6.9m | $6.9m | $6.9m | $6.9m | $372.2m | $344.4m | $326.4m | $335.9m | $317.2m | $356.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $25.4m | $6.0m | $17.9m | $2.5m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($3.1m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($3.1m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($11.1m) | $6.9m | ($10.9m) | ($17.7m) | $15.0m | ($3.8m) | ($2.3m) | ($3.0m) | ($2.4m) | ($3.7m) | — | |
| Investment Income, Interest | — | — | — | $6k | $0 | $100k | $1.2m | $2.0m | $1.0m | $300k | — | |
| Operating Expenses | $51.7m | $59.1m | $89.2m | $125.3m | $171.4m | $220.8m | $262.7m | $271.6m | $300.0m | $309.4m | — |