← Cadre Holdings, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net income | $38.5m |
$12.7m
-67.07%
|
$5.8m
-54.03%
|
$38.6m
+563.93%
|
$36.1m
-6.49%
|
$44.1m
+22.16%
|
$36.1m
-18.30%
|
|
| Depreciation and amortization | $14.7m | $13.7m | $15.7m | $15.7m | $16.4m | $18.6m | $22.0m | |
| Amortization of original issue discount and debt issue costs | $2.2m | $3.2m | $740k | $479k | $1.1m | $1.3m | — | |
| Amortization of inventory step-up | — | — | $4.3m | — | $3.9m | $1.3m | — | |
| Deferred income taxes | ($12.2m) | $4.8m | ($1.1m) | ($210k) | ($2.1m) | $2.4m | $545k | |
| Stock-based compensation | — | $355k | $31.9m | $9.4m | $8.4m | $12.2m | $12.7m | |
| (Recoveries from) provision for losses on accounts receivable | $177k | ($188k) | $417k | $66k | $764k | ($108k) | — | |
| Accounts receivable | $11.8m | ($4.6m) | ($11.5m) | $6.6m | ($24.9m) | $8.4m | ($9.3m) | |
| Inventories | $1.6m | ($3.2m) | $1.2m | ($10.2m) | $10.0m | ($3.6m) | ($585k) | |
| Accounts payable and other liabilities | $2.1m | $2.7m | $5.5m | $14.0m | ($15.6m) | ($16.4m) | $24.2m | |
| Accruals and accounts payable for capital expenditures | — | $197k | $172k | $234k | $176k | $139k | — | |
| Prepaid expenses and other assets | $1.8m | ($4.6m) | ($7.7m) | ($302k) | ($5.9m) | ($4.5m) | — | |
| Other | — | ($43k) | ($25k) | $33k | $37k | $207k | — | |
| Net cash provided by operating activities | $45.4m |
$40.1m
-11.72%
|
$46.4m
+15.75%
|
$73.2m
+57.75%
|
$31.8m
-56.59%
|
$63.7m
+100.48%
|
$88.4m
+38.73%
|
|
| Purchase of property and equipment | ($4.7m) | ($2.8m) | ($4.5m) | ($6.7m) | ($5.7m) | ($6.9m) | ($10.3m) | |
| Proceeds from disposition of property and equipment | $12.4m | — | $411k | $207k | $55k | $77k | — | |
| Business acquisitions, net of cash acquired | — | — | ($55.5m) | — | ($141.8m) | ($89.6m) | — | |
| Net cash used in investing activities | $19.8m | ($2.8m) | ($59.6m) | ($6.5m) | ($147.4m) | ($96.4m) | ($174.0m) | |
| Payments for debt issuance costs | — | ($2.2m) | — | — | ($3.1m) | — | — | |
| Dividends distributed | — | ($12.8m) | ($11.5m) | ($12.0m) | ($13.9m) | ($15.4m) | — | |
| Net cash provided by (used in) financing activities | ($64.9m) |
($6.6m)
+89.84%
|
$24.5m
+470.88%
|
($24.7m)
-201.06%
|
$152.7m
+717.53%
|
$31.6m
-79.31%
|
$5.9m
-81.24%
|
|
| Cash, cash equivalents and restricted cash, beginning of period | $2.9m | $33.9m | $45.3m | $87.7m | $124.9m | $125.3m | — | |
| Effect of foreign exchange rates on cash, cash equivalents and restricted cash | $52k | $318k | $183k | $438k | $224k | $1.5m | — | |
| Change in cash, cash equivalents and restricted cash | $353k | $31.0m | $11.4m | $42.4m | $37.2m | $394k | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Remeasurement of contingent consideration | — | — | — | — | $1.2m | $1.9m | — | |
| Unrealized foreign exchange transaction gain | ($940k) | $102k | $1.5m | ($602k) | $1.9m | ($2.4m) | — | |
| Other loss (gain) | — | — | ($170k) | ($381k) | $496k | $390k | — | |
| Proceeds from revolving credit facilities | $382.1m | $258.0m | $43.0m | — | $5.5m | — | — | |
| Principal payments on revolving credit facilities | ($384.2m) | ($258.6m) | ($43.0m) | — | ($5.5m) | — | — | |
| Proceeds from term loans | $219.6m | $198.7m | — | — | $129.4m | $97.5m | — | |
| Principal payments on term loans | ($276.4m) | ($266.0m) | ($10.1m) | ($10.0m) | ($43.3m) | ($13.8m) | — | |
| Proceeds from insurance premium financing | $2.7m | $5.0m | $4.0m | $3.9m | — | — | — | |
| Principal payments on insurance premium financing | ($2.9m) | ($3.1m) | ($5.0m) | ($4.0m) | ($2.2m) | — | — | |
| Taxes paid in connection with employee stock transactions | — | $1.2m | ($6.3m) | ($2.7m) | ($5.3m) | ($40.2m) | — | |
| Proceeds from exercise of stock options | — | — | — | — | — | $3.4m | — | |
| Proceeds from secondary offering, net of underwriter discounts | — | — | $56.3m | — | $91.8m | — | — | |
| Deferred offering costs | — | ($4.8m) | ($3.0m) | — | ($683k) | — | — | |
| Cash paid for income taxes, net | — | $1.2m | $1.4m | $8.7m | $24.2m | $24.9m | — | |
| Cash paid for interest | — | $13.3m | $6.1m | $10.1m | $14.4m | $17.8m | — |