← biote Corp.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||
| Net Income (Loss) Attributable to Parent | — | $11.1m |
($969k)
-108.72%
|
$3.3m
+442.21%
|
$3.2m
-4.79%
|
$27.0m
+756.67%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | $11.1m |
($969k)
-108.72%
|
$3.3m
+442.21%
|
$3.2m
-4.79%
|
$27.0m
+756.67%
|
|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $1.3m | ($2.8m) | $46k | $31.6m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $2.3m | ($6.1m) | ($3.1m) | $4.6m | |
| Depreciation, Depletion and Amortization | — | $1.4m | $2.2m | $3.0m | $3.6m | $3.7m | |
| Depreciation | — | $1.4m | $1.2m | $800k | $800k | $3.7m | |
| Amortization of Debt Issuance Costs | — | $222k | $589k | $794k | $819k | $833k | |
| Amortization of Intangible Assets | — | — | — | — | $1.2m | $1.2m | |
| Capitalized Computer Software, Amortization | — | — | $1.0m | $2.2m | $1.6m | $1.2m | |
| Deferred Income Tax Expense (Benefit) | — | — | ($743k) | $721k | ($2.9m) | $4.0m | |
| Deferred income taxes | — | — | ($743k) | $721k | ($2.9m) | $4.0m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | $82.2m | $9.1m | $8.7m | $8.9m | |
| Share-based Payment Arrangement, Expense | — | — | $0 | — | — | — | |
| Share-based compensation expense | — | — | $82.2m | $9.1m | $8.7m | $8.9m | |
| Nonoperating Income (Expense) | — | — | $62.4m | ($28.8m) | ($30.6m) | $2.0m | |
| Other Nonoperating Income (Expense) | — | — | — | ($16k) | $11k | ($29k) | |
| Changes in operating assets and liabilities: | |||||||
| Increase (Decrease) in Accounts Receivable | — | — | $1.6m | $505k | $2.3m | $958k | |
| Accounts receivable | — | ($752k) | ($1.6m) | ($505k) | ($2.3m) | ($958k) | |
| Increase (Decrease) in Inventories | — | — | $1.7m | $6.1m | ($3.7m) | $6.2m | |
| Inventory Write-down | — | — | $140k | ($26k) | $503k | $2.0m | |
| Provision for obsolete inventory | — | $471k | $140k | ($26k) | $503k | $2.0m | |
| Inventory | — | ($5.8m) | ($1.7m) | ($6.1m) | $3.7m | ($6.2m) | |
| Increase (Decrease) in Accounts Payable | — | $281k | $416k | ($165k) | $1.5m | $1.0m | |
| Accounts payable | — | $281k | $416k | ($165k) | $1.5m | $1.0m | |
| Capital expenditures and capitalized software included in accounts payable | — | $282k | $49k | $208k | $50k | — | |
| Deferred revenue | — | ($373k) | $384k | $1.4m | $190k | ($400k) | |
| Accrued expenses | — | $1.8m | ($30.8m) | $2.2m | $4.6m | ($2.7m) | |
| Other assets | — | $34k | ($2.3m) | ($5.4m) | $2.9m | $1.7m | |
| Net Cash Provided by (Used in) Operating Activities | — | ($1.4m) |
($9.2m)
-568.02%
|
$26.9m
+393.58%
|
$45.2m
+68.30%
|
$35.2m
-22.21%
|
|
| Cash flows from investing activities: | |||||||
| Payments to Acquire Property, Plant, and Equipment | — | ($1.4m) | $333k | $359k | $6.4m | $5.0m | |
| Gain (Loss) on Sale of Investments | — | $82k | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $11.8m | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($317.5m) | ($1.8m) | ($2.7m) | ($18.8m) | ($6.9m) | |
| Cash flows from financing activities: | |||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($445k) | — | — | — | |
| Bad debt expense | — | $240k | ($155k) | $663k | $1.5m | $1.7m | |
| Payments for Repurchase of Common Stock | — | — | — | — | $5.6m | $3.4m | |
| Proceeds from Issuance of Common Stock | — | $0 | — | — | — | — | |
| Repurchases of Class A common stock | — | — | — | — | ($5.6m) | ($3.4m) | |
| Dividends paid | — | — | $13 | $9 | $5 | $2 | |
| Net Cash Provided by (Used in) Financing Activities | — | $319.0m |
$63.5m
-80.11%
|
($14.4m)
-122.66%
|
($76.1m)
-429.09%
|
($43.6m)
+42.75%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $52.5m | $9.8m | ($49.7m) | ($15.2m) | |
| Cash and cash equivalents at beginning of period | — | $26.8m | $79.2m | $89.0m | $39.3m | $24.1m | |
| Effect of exchange rate changes on cash and cash equivalents | — | ($12k) | — | ($19k) | ($22k) | $6k | |
| Additional Supplementary Disclosures | |||||||
| Additional Supplementary Disclosures | |||||||
| Additional Supplementary Disclosures | |||||||
| Proceeds from Stock Options Exercised | — | — | — | $420k | $2.4m | $226k | |
| Supplemental disclosure of cash flow information: | |||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $1.5m | $4.4m | $9.5m | $9.5m | $7.9m | |
| Income Taxes Paid, Net | — | $171k | $282k | $4.4m | $2.6m | $2.8m | |
| Additional Financial Items | |||||||
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | ($13.9m) | — | — | |
| Goodwill | — | — | — | — | $5.8m | $5.8m | |
| Income Tax Expense (Benefit) | — | $0 | $388k | $2.7m | $970k | $6.0m | |
| Non-cash lease expense | — | $226k | $240k | $499k | $815k | $545k | |
| Non-cash interest on share repurchase liability | — | — | — | — | $2.6m | $3.2m | |
| (Gain) loss from change in fair value of earnout liabilities | — | — | ($61.8m) | $9.0m | $19.6m | ($13.0m) | |
| Operating lease liabilities | — | ($239k) | ($219k) | ($397k) | ($762k) | ($523k) | |
| Purchases of capitalized software | — | ($2.4m) | ($1.5m) | ($2.4m) | ($526k) | ($1.8m) | |
| Principal repayments on term loan | — | ($5.0m) | ($4.4m) | ($6.2m) | ($6.2m) | ($6.2m) | |
| Payments on repurchase liability | — | — | — | — | ($62.2m) | ($37.6m) | |
| Proceeds from exercise of stock options | — | — | — | $420k | $2.4m | $226k | |
| Issuance of stock under purchase plan | — | — | — | $144k | $282k | $142k | |
| Distributions | — | ($11.4m) | ($12.9m) | ($8.7m) | ($4.7m) | ($1.7m) | |
| Net decrease in cash and cash equivalents | — | $9.6m | $52.5m | $9.8m | ($49.7m) | ($15.2m) |