← Traeger, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($29.6m) | $31.6m | ($88.8m) | ($382.1m) | ($84.4m) | ($34.0m) | ($115.2m) | — | |
| Depreciation of property, plant, and equipment | $6.1m | $7.8m | $9.2m | $13.8m | $15.0m | $13.9m | $12.1m | $53.0m | |
| Amortization of intangible assets | $33.1m | $33.2m | $38.4m | $42.7m | $42.8m | $42.5m | $42.0m | — | |
| Amortization of deferred financing costs | $2.6m | $2.8m | $2.5m | $2.0m | $2.0m | $2.0m | $2.0m | — | |
| Amortization of dedesignated cash flow hedge | — | — | $0 | $0 | ($10.4m) | ($6.7m) | ($3.7m) | — | |
| Stock-based compensation expense | $2.4m | $12.8m | $81.1m | $87.7m | $53.2m | $27.9m | $15.3m | $11.4m | |
| Goodwill impairment | — | $0 | $0 | $222.3m | $0 | $0 | $74.7m | $221.8m | |
| Accounts receivable | ($8.5m) | ($30.2m) | ($26.4m) | $51.1m | ($17.7m) | ($25.4m) | $3.1m | $1.6m | |
| Inventories | ($4.9m) | ($29.5m) | ($70.8m) | ($11.9m) | $57.3m | ($11.2m) | $8.5m | $39.5m | |
| Accounts payable and accrued expenses | $17.1m | $28.4m | $19.2m | ($28.2m) | $2.4m | $27.0m | ($35.2m) | — | |
| Property, plant, and equipment included in accounts payable and accrued expenses | $318k | $576k | $8.6m | $2.1m | $4.0m | $678k | $2.7m | — | |
| Prepaid expenses and other current assets | ($49k) | ($4.3m) | ($5.8m) | ($3.0m) | ($4.2m) | ($7.6m) | $14.4m | — | |
| Net cash provided by operating activities | $18.5m |
$46.6m
+152.07%
|
($28.4m)
-161.01%
|
$5.1m
+117.92%
|
$64.0m
+1157.20%
|
$23.9m
-62.70%
|
$20.5m
-14.10%
|
$68.1m
+231.71%
|
|
| Loss (gain) on disposal of property, plant, and equipment | $618k | $186k | $274k | $1.1m | $2.2m | $649k | ($83k) | — | |
| Purchase of property, plant, and equipment | ($7.5m) | ($14.1m) | ($22.5m) | ($18.4m) | ($19.9m) | ($12.0m) | ($6.9m) | — | |
| Proceeds from sale of property, plant, and equipment | $48k | $21k | $0 | $0 | $3.0m | $113k | $108k | $181k | |
| Equipment purchased under finance leases | $350k | $393k | $645k | $1.1m | $460k | $292k | $450k | — | |
| Net cash used in investing activities | ($9.0m) | ($27.3m) | ($79.9m) | ($18.9m) | ($17.4m) | ($12.3m) | ($7.3m) | ($6.8m) | |
| Repayments of long-term debt | ($3.4m) | ($3.4m) | ($579.9m) | ($125k) | ($250k) | ($250k) | ($250k) | ($710k) | |
| Taxes paid related to net share settlement of equity awards | $124k | $0 | $0 | ($41k) | $0 | ($2.2m) | ($1.8m) | — | |
| Net cash used in financing activities | ($9.3m) |
($14.8m)
-59.58%
|
$113.5m
+868.14%
|
$48.6m
-57.16%
|
($68.3m)
-240.46%
|
($26.5m)
+61.20%
|
($8.5m)
+67.75%
|
($11.9m)
-39.19%
|
|
| Net increase (decrease) in cash and cash equivalents | $229k | $4.5m | $5.2m | $34.8m | ($21.6m) | ($14.9m) | $4.6m | — | |
| Cash and cash equivalents at beginning of period | $7.1m | $11.6m | $16.7m | $51.6m | $29.9m | $15.0m | $19.6m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Unrealized loss on derivative contracts | ($581k) | ($6.1m) | $4.8m | $2.4m | $4.0m | $10.0m | $5.1m | — | |
| Change in contingent consideration | — | $0 | $3.8m | $6.7m | $4.5m | ($15.0m) | $0 | — | |
| Other non-cash adjustments | — | $0 | $0 | $334k | $77k | ($233k) | ($2.7m) | — | |
| Other non-current assets | $0 | $0 | ($681k) | $78k | ($568k) | $148k | $114k | — | |
| Capitalization of patent costs | ($503k) | ($511k) | ($563k) | ($506k) | ($460k) | ($448k) | ($506k) | — | |
| Proceeds from line of credit | $34.5m | $57.0m | $118.0m | $179.0m | $115.9m | $63.0m | $59.0m | — | |
| Repayments on line of credit | ($40.0m) | ($67.0m) | ($67.9m) | ($145.4m) | ($171.2m) | ($86.4m) | ($64.0m) | — | |
| Payment of deferred financing costs | $0 | ($810k) | ($8.6m) | $0 | $0 | ($119k) | ($904k) | — | |
| Principal payments on finance lease liabilities | — | ($310k) | ($382k) | ($505k) | ($514k) | ($521k) | ($543k) | — | |
| Payments of acquisition related contingent consideration | — | $0 | $0 | ($9.3m) | ($12.2m) | $0 | $0 | — | |
| Cash paid during the period for interest | $36.8m | $31.3m | $23.4m | $25.1m | $40.1m | $38.5m | $33.2m | — |