← Corsair Gaming, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net loss | — | ($13.7m) | ($8.4m) | $103.2m | $101.0m | ($53.9m) | ($1.0m) | ($83.4m) | ($15.0m) | — | |
| Net Income | — | — | — | — | — | ($54.4m) |
($2.6m)
+95.24%
|
($85.2m)
-3188.84%
|
($16.2m)
+81.03%
|
$37.9m
+334.32%
|
|
| Net Income From Continuing Operations | — | — | — | — | — | ($53.9m) | ($1.0m) | ($83.4m) | ($15.0m) | $37.9m | |
| Depreciation | — | $5.7m | $7.4m | $9.3m | $10.3m | $10.7m | $12.2m | $13.4m | $14.0m | $14.4m | |
| Amortization | — | — | — | $33.9m | $34.8m | $42.8m | $38.5m | $38.4m | $40.2m | $39.2m | |
| Debt issuance costs amortization | — | $3.4m | $3.0m | $2.5m | $1.5m | $398k | $679k | — | — | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | $53.5m | $50.7m | $51.9m | $54.2m | $53.7m | |
| Deferred income taxes, net of valuation allowance | — | ($3.0m) | ($11.5m) | ($7.5m) | ($12.0m) | ($21.7m) | ($6.3m) | $11.4m | ($6.5m) | ($9.6m) | |
| Deferred Tax | — | — | — | — | — | ($21.7m) | ($6.3m) | $11.4m | ($6.5m) | ($9.6m) | |
| Stock-based compensation | — | $2.8m | $3.8m | $5.8m | $17.2m | $22.2m | $30.9m | $30.6m | $33.1m | $27.1m | |
| Change In Working Capital | — | — | — | — | — | $61.5m | $10.7m | $22.3m | ($22.7m) | ($4.1m) | |
| Accounts receivable | — | ($7.3m) | ($48.0m) | ($91.5m) | $444k | $55.8m | ($17.7m) | $32.3m | ($17.7m) | $17.4m | |
| Change In Receivables | — | — | — | — | — | $55.8m | ($17.7m) | $32.3m | ($17.7m) | $17.4m | |
| Changes In Account Receivables | — | — | — | — | — | $55.8m | ($17.7m) | $32.3m | ($17.7m) | $17.4m | |
| Inventories | — | ($29.8m) | $15.7m | ($80.1m) | ($71.3m) | $111.3m | ($39.5m) | $18.3m | ($51.7m) | $30.9m | |
| Change In Inventory | — | — | — | — | — | $111.3m | ($39.5m) | $18.3m | ($51.7m) | $30.9m | |
| Accounts payable | — | $25.8m | $16.2m | $116.5m | ($63.7m) | ($65.9m) | $62.1m | ($39.5m) | $5.5m | ($77.7m) | |
| Other liabilities and accrued expenses | — | ($3.4m) | $30.8m | $77.9m | $7.0m | ($41.0m) | $3.8m | $5.3m | $32.2m | — | |
| Other | — | ($36k) | ($347k) | $2.6m | $3.3m | $4.5m | $3.6m | $5.7m | $4.4m | — | |
| Prepaid expenses and other assets | — | ($10.9m) | ($1.6m) | ($8.0m) | ($13.2m) | $1.3m | $1.9m | $5.9m | $9.0m | — | |
| Change In Other Current Liabilities | — | — | — | — | — | ($41.0m) | $3.8m | $5.3m | $32.2m | $20.5m | |
| Net cash provided by operating activities | — | $422k |
$37.1m
+8692.18%
|
$169.0m
+355.36%
|
$20.2m
-88.05%
|
$66.4m
+228.79%
|
$89.2m
+34.29%
|
$35.9m
-59.76%
|
$50.1m
+39.70%
|
$105.7m
+110.98%
|
|
| Purchase of property and equipment | — | ($8.3m) | ($8.8m) | ($9.0m) | ($11.0m) | ($26.3m) | ($12.8m) | ($9.8m) | ($15.4m) | ($16.0m) | |
| Equipment purchased and unpaid at period end | — | $2.7m | $927k | $1.8m | $2.1m | $5.0m | $1.4m | $2.5m | $2.5m | — | |
| Measurement period adjustments relating to business acquisitions | — | — | — | $1.5m | $50k | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | ($4.7m) | ($185k) | — | ($666k) | — | ($666k) | |
| Net cash used in investing activities | — | ($38.6m) | ($145.4m) | ($10.3m) | ($20.5m) | ($47.0m) | ($27.0m) | ($52.7m) | ($15.4m) | ($16.0m) | |
| Loss on debt extinguishment | — | — | — | $4.1m | $4.9m | — | — | — | — | — | |
| Proceeds from issuance of debt, net | — | $113.6m | $113.9m | — | $248.5m | — | — | — | — | $45.0m | |
| Repayment of debt and debt issuance costs | — | — | — | ($190.6m) | ($328.4m) | ($9.5m) | ($41.0m) | ($25.0m) | ($52.8m) | ($51.9m) | |
| Borrowings from line of credit | — | — | — | — | $63.5m | $701.5m | — | $25.0m | $45.0m | — | |
| Issuance Of Debt | — | — | — | — | — | $701.5m | $0 | $25.0m | $45.0m | $45.0m | |
| Long Term Debt Issuance | — | — | — | — | — | $701.5m | $0 | $25.0m | $45.0m | $45.0m | |
| Long Term Debt Payments | — | — | — | — | — | ($711.0m) | ($41.0m) | ($50.0m) | ($97.8m) | ($51.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | ($9.5m) | ($41.0m) | ($25.0m) | ($52.8m) | ($6.9m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | ($9.5m) | ($41.0m) | ($25.0m) | ($52.8m) | ($6.9m) | |
| Net Short Term Debt Issuance | — | — | — | — | $0 | $0 | $0 | — | — | $0 | |
| Repayment Of Debt | — | — | — | — | — | ($711.0m) | ($41.0m) | ($50.0m) | ($97.8m) | ($51.9m) | |
| Short Term Debt Issuance | — | — | — | — | $63.5m | $701.5m | $0 | — | — | $21.5m | |
| Short Term Debt Payments | — | — | — | — | ($63.5m) | ($701.5m) | $0 | — | — | ($21.5m) | |
| Issuance of common stock relating to business acquisition | — | — | — | — | — | $14.5m | — | — | — | $0 | |
| Common Stock Issuance | — | — | — | — | $0 | $81.7m | $0 | $0 | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | $0 | $81.7m | $0 | $0 | — | $0 | |
| Dividend paid to noncontrolling interest | — | $28.9m | $32.8m | $28.0m | $11.3m | ($4.3m) | ($980k) | ($5.8m) | ($494k) | — | |
| Payment of taxes related to net share settlement of equity awards | — | — | — | — | ($397k) | ($1.5m) | ($1.4m) | ($573k) | ($1.2m) | — | |
| Net Other Financing Charges | — | — | — | — | — | ($6.6m) | ($3.8m) | ($31.1m) | ($1.7m) | ($1.2m) | |
| Net cash used in financing activities | — | $47.4m |
$132.3m
+179.41%
|
($79.1m)
-159.81%
|
($65.4m)
+17.35%
|
$72.6m
+211.02%
|
($37.4m)
-151.49%
|
($50.7m)
-35.56%
|
($48.9m)
+3.56%
|
($4.4m)
+90.93%
|
|
| Net increase (decrease) in cash and restricted cash | — | $8.9m | $24.0m | $81.6m | ($68.2m) | $88.7m | $24.5m | ($68.9m) | ($10.8m) | — | |
| Cash and restricted cash at the beginning of the year | $19.0m | $27.9m | $51.9m | $133.6m | $65.4m | $154.1m | $178.6m | $109.6m | $98.8m | — | |
| Beginning Cash Position | — | — | — | — | — | $65.4m | $154.1m | $178.6m | $109.6m | $107.4m | |
| Effect of exchange rate changes on cash | — | ($331k) | $37k | $2.1m | ($2.4m) | ($3.3m) | ($281k) | ($1.4m) | $3.3m | $1.1m | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Bargain purchase gain on business acquisition | — | — | — | — | — | — | — | ($2.6m) | $2.6m | — | |
| Acquisition of businesses, net of cash acquired | — | ($30.2m) | ($126.1m) | ($1.3m) | ($4.8m) | ($19.5m) | ($14.2m) | ($43.1m) | — | — | |
| Purchase of intangible asset | — | — | ($175k) | — | — | — | — | ($100k) | — | — | |
| Payment of deferred and contingent consideration | — | — | ($10.3m) | — | ($4.7m) | ($185k) | ($950k) | ($4.9m) | — | — | |
| Purchase price adjustment related to business acquisition | — | — | — | — | — | — | — | $1.0m | — | — | |
| Payment of bridge loan origination costs related to business acquisition | — | — | — | — | — | — | — | ($666k) | — | — | |
| Investment in available-for-sale convertible note | — | — | — | — | — | ($1.0m) | — | — | — | — | |
| Repayment of line of credit | — | — | ($27.0m) | — | ($63.5m) | ($701.5m) | — | ($25.0m) | ($45.0m) | — | |
| Purchase of additional ownership interest | — | — | — | — | — | — | — | ($19.8m) | — | — | |
| Proceeds from public offering, net of underwriting discounts and commissions | — | — | — | $118.6m | $0 | $81.7m | — | — | — | — | |
| Payment of other offering costs | — | ($3.3m) | ($245k) | ($8.5m) | — | ($296k) | ($497k) | — | — | — | |
| Proceeds from issuance of shares through employee equity incentive plans | — | — | $124k | $1.3m | $14.9m | $7.0m | $7.4m | $5.4m | $5.6m | — | |
| Payment of contingent consideration | — | — | — | — | — | ($438k) | ($950k) | — | — | — | |
| Cash paid for interest | — | $28.9m | $32.8m | $28.0m | $11.3m | $9.0m | $16.8m | $12.8m | $8.8m | — | |
| Cash paid for income taxes, net | — | $6.1m | $571k | $13.5m | $41.2m | $14.2m | $7.4m | $5.1m | $10.1m | — | |
| Purchase consideration related to business combination | — | — | — | — | — | — | — | $592k | — | — | |
| Receivable for business acquisition purchase price adjustment | — | — | — | — | — | — | $1.0m | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | $72.6m | ($37.4m) | ($50.7m) | ($48.9m) | ($4.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($47.0m) | ($27.0m) | ($52.7m) | ($15.4m) | ($16.0m) | |
| Change In Account Payable | — | — | — | — | — | ($65.9m) | $62.1m | ($39.5m) | $5.5m | ($77.7m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | $88.7m | $24.5m | ($68.9m) | ($10.8m) | — | |
| Change In Payable | — | — | — | — | — | ($65.9m) | $62.1m | ($39.5m) | $5.5m | ($77.7m) | |
| Change In Prepaid Assets | — | — | — | — | — | $1.3m | $1.9m | $5.9m | $9.0m | $4.9m | |
| Changes In Cash | — | — | — | — | — | $92.0m | $24.8m | ($67.5m) | ($14.1m) | $85.3m | |
| End Cash Position | — | — | — | — | — | $154.1m | $178.6m | $109.6m | $98.8m | $192.7m | |
| Financing Cash Flow | — | — | — | — | — | $72.6m |
($37.4m)
-151.49%
|
($50.7m)
-35.56%
|
($48.9m)
+3.56%
|
($4.4m)
+90.93%
|
|
| Free Cash Flow | — | — | — | — | — | $40.1m | $76.4m | $25.9m | $34.7m | $89.7m | |
| Investing Cash Flow | — | — | — | — | — | ($47.0m) | ($27.0m) | ($52.7m) | ($15.4m) | ($16.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($19.5m) | ($14.2m) | ($42.1m) | $0 | ($43.8m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | $0 | $0 | ($100k) | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | $0 | ($1.0m) | $0 | $0 | — | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($26.3m) | ($12.8m) | ($9.8m) | ($15.4m) | ($16.0m) | |
| Other Non Cash Items | — | — | — | — | — | $4.9m | $4.3m | $3.1m | $7.0m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $7.0m | $7.4m | $5.4m | $5.6m | $8.7m | |
| Purchase Of Business | — | — | — | — | — | ($19.5m) | ($14.2m) | ($43.1m) | $0 | $0 | |
| Purchase Of Intangibles | — | — | — | — | — | $0 | $0 | ($100k) | $0 | $0 | |
| Purchase Of Investment | — | — | — | — | $0 | ($1.0m) | $0 | $0 | — | $0 | |
| Purchase Of PPE | — | — | — | $9.0m | $11.0m | ($26.3m) | ($12.8m) | ($9.8m) | ($15.4m) | ($16.0m) | |
| Sale Of Business | — | — | — | — | — | $0 | $0 | $1.0m | $0 | $0 |