← CAMTEK LTD
| 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 | $4.7m |
$14.0m
+194.93%
|
$18.7m
+34.16%
|
$22.0m
+17.38%
|
$21.8m
-0.95%
|
$60.3m
+176.78%
|
$79.9m
+32.64%
|
$78.6m
-1.65%
|
$118.5m
+50.72%
|
$50.7m
-57.20%
|
— | |
| Depreciation, Depletion and Amortization | $2.1m | $2.1m | $2.0m | $2.1m | $2.2m | $2.8m | $4.1m | $5.8m | $10.7m | $11.8m | $11.8m | |
| Amortization of Debt Issuance Costs | — | — | — | $0 | $0 | $113k | $1.1m | $1.1m | $1.1m | $1.7m | — | |
| Amortization of Intangible Assets | $235k | $121k | $98k | $91k | $98k | $110k | $110k | $733k | $3.8m | $3.7m | — | |
| Depreciation | $1.9m | $2.0m | $1.9m | $3.1m | $3.1m | $3.7m | $5.3m | $6.4m | $6.8m | $8.1m | $8.1m | |
| Deferred Income Tax Expense (Benefit) | ($45k) | $6k | $1.7m | $1.5m | $476k | $255k | ($777k) | ($1.3m) | ($1.8m) | ($15.3m) | ($15.3m) | |
| Deferred Other Tax Expense (Benefit) | ($46k) | ($5.1m) | $1.7m | $1.5m | $951k | $118k | ($777k) | ($1.3m) | ($2.4m) | ($14.2m) | — | |
| Share-based Payment Arrangement, Expense | $429k | $634k | $1.7m | $2.9m | $4.2m | $5.8m | $10.5m | $12.6m | $14.5m | $16.9m | $16.9m | |
| Other Nonoperating Income (Expense) | — | — | $134k | ($611k) | ($506k) | ($378k) | ($864k) | ($739k) | ($578k) | ($2.3m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $8.8m | $484k | $8.5m | ($156k) | $9.7m | $17.3m | $22.0m | $1.9m | $12.2m | ($7.6m) | $7.6m | |
| Increase (Decrease) in Inventories | ($813k) | $5.3m | $10.8m | ($4.8m) | $19.3m | $21.7m | $9.5m | $13.7m | $32.2m | $8.3m | ($8.3m) | |
| Inventory Write-down | $4.8m | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | ($17.3m) |
$1.6m
+109.42%
|
$16.8m
+926.97%
|
$24.6m
+46.66%
|
$25.8m
+4.57%
|
$61.0m
+136.71%
|
$57.8m
-5.18%
|
$79.3m
+37.24%
|
$122.2m
+54.10%
|
$141.9m
+16.06%
|
$141.9m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.3m | $3.1m | $2.2m | $1.3m | $2.4m | $4.1m | $8.2m | $8.1m | $10.1m | $14.4m | ($14.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($63k) | — | ($324k) | ($64k) | — | ($4k) | $0 | ($6k) | — | — | $6k | |
| Net Cash Provided by (Used in) Investing Activities | $6.2m | $26.6m | ($2.3m) | ($51.6m) | ($23.1m) | ($120.2m) | ($150.8m) | ($107.5m) | ($55.9m) | ($310.3m) | ($310.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Common Stock | — | $1.3m | $1.8m | $16.0m | $64.3m | $0 | $0 | $182k | $42k | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($4k) |
($3.7m)
-91400.00%
|
($3.3m)
+9.67%
|
$10.0m
+402.99%
|
$64.9m
+548.07%
|
$194.8m
+200.08%
|
$3k
-100.00%
|
$182k
+5966.67%
|
($60.0m)
-33091.76%
|
$219.0m
+464.71%
|
$219.0m
0.00%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $24k | ($603k) | ($35k) | $74k | $67.8m | $136.1m | ($93.8m) | ($28.2m) | $6.3m | $51.6m | $177.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $148.2m | $120.0m | $126.2m | $177.8m | $177.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $17k | — | — | — | — | — | — | — | — | — | |
| Income Taxes Paid, Net | $629k | $1.4m | $534k | $666k | $546k | $558k | $11.8m | $13.8m | $10.4m | $14.5m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | $12.8m | $12.8m | $12.8m | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($435k) | ($41k) | $226k | ($352k) | ($351k) | $58k | ($351k) | ($78k) | $37k | ($1.1m) | — | |
| Gain (Loss) Related to Litigation Settlement | — | ($13.0m) | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $8.9m | $7.9m | $6.9m | $7.2m | $8.1m | $9.4m | $11.2m | $13.9m | $15.5m | $17.5m | — | |
| Goodwill | — | — | — | — | — | — | — | $74.3m | $74.3m | $74.3m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $1.7m | $18.7m | $20.8m | $21.8m | $60.3m | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $12.3m | — | $1.2m | — | $0 | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | $1.2m | — | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $888k | ($4.9m) | $2.0m | $1.9m | $1.6m | $11.7m | $8.2m | $9.0m | $12.7m | $1.6m | — | |
| Operating Expenses | $37.3m | $48.6m | $40.8m | $42.8m | $50.6m | $66.4m | $78.4m | $82.2m | $101.9m | $122.1m | — | |
| Proceeds from Stock Options Exercised | — | — | $1.8m | $542k | $629k | $271k | $3k | $182k | $42k | $0 | — | |
| Provision for Loan, Lease, and Other Losses | $158k | — | — | $87k | — | $0 | $0 | $100k | $34k | $11k | — |