← Criteo S.A.
| 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 | $82.3m |
$91.2m
+10.87%
|
$88.6m
-2.82%
|
$90.7m
+2.37%
|
$71.7m
-21.01%
|
$134.5m
+87.58%
|
$9.0m
-93.34%
|
$53.3m
+494.94%
|
$111.6m
+109.49%
|
$144.6m
+29.61%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $87.3m | $96.7m | $95.9m | $96.0m | $74.7m | $137.6m | $10.9m | $54.6m | $114.7m | $149.0m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.1m | $5.4m | $7.2m | $5.2m | $3.0m | $3.2m | $1.9m | $1.4m | $3.1m | $4.8m | — | |
| Amortization of Intangible Assets | $8.4m | $27.2m | $25.3m | $36.9m | $24.9m | $22.6m | $33.4m | $48.3m | $60.0m | $89.0m | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | — | $9.5m | — | |
| Depreciation | $48.2m | $66.1m | $78.2m | $56.6m | $63.3m | $65.8m | $55.6m | $51.4m | $41.1m | $33.3m | $121.0m | |
| Amortization and provisions | $62.7m | $104.0m | $111.8m | $97.1m | $106.6m | $90.9m | $150.3m | $72.3m | $87.8m | $129.4m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $150.3m | $72.3m | $87.8m | $129.4m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $150.3m | $72.3m | $87.8m | $129.4m | $121.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $150.3m | $72.3m | $87.8m | $129.4m | $121.0m | |
| Deferred Income Tax Expense (Benefit) | ($10.0m) | ($13.3m) | ($8.2m) | $15.4m | $3.7m | ($18.6m) | $3.6m | ($23.6m) | ($26.0m) | ($7.5m) | ($2.9m) | |
| Change in deferred taxes | ($10.0m) | ($13.3m) | ($8.2m) | $15.4m | $3.7m | ($18.6m) | $3.6m | ($23.6m) | ($26.0m) | ($7.5m) | — | |
| Deferred Income Tax | — | — | — | — | — | — | ($6.9m) | ($20.0m) | ($4.9m) | ($19.2m) | ($2.9m) | |
| Deferred Tax | — | — | — | — | — | — | ($6.9m) | ($20.0m) | ($4.9m) | ($19.2m) | ($2.9m) | |
| Share-based Payment Arrangement, Noncash Expense | $43.3m | $71.6m | $66.6m | $41.0m | $28.8m | $44.5m | $65.0m | $97.2m | $106.6m | $57.8m | $51.0m | |
| Share-based Payment Arrangement, Expense | $41.6m | $69.9m | $65.1m | $39.6m | $27.1m | $42.7m | $65.0m | $97.2m | $102.6m | $58.6m | $51.0m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | $5.7m | $2.5m | — | |
| Gain (loss) on disposal of and impairment of long-lived assets | — | — | — | — | — | — | — | ($7.9m) | $7.4m | $1.7m | — | |
| Nonoperating Income (Expense) | ($546k) | ($9.5m) | ($5.1m) | ($5.7m) | ($1.9m) | $1.9m | $17.8m | ($2.5m) | $3.1m | $809k | — | |
| Other Nonoperating Income (Expense) | ($37k) | ($66k) | ($87k) | ($469k) | ($95k) | $2.4m | $730k | ($161k) | $152k | ($171k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $60.1m | $66.2m | ($48.7m) | ($13.3m) | $41.5m | |
| Increase (Decrease) in Accounts Receivable | $118.0m | $76.9m | ($1.4m) | ($876k) | $4.0m | $134.9m | $41.9m | $56.3m | $28.5m | ($246.0m) | $214.9m | |
| Trade receivables | ($118.0m) | ($76.9m) | $1.4m | $876k | ($4.0m) | ($134.9m) | ($41.9m) | ($56.3m) | ($28.5m) | $246.0m | — | |
| Change In Receivables | — | — | — | — | — | — | ($41.9m) | ($56.3m) | ($28.5m) | $246.0m | $214.9m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($41.9m) | ($56.3m) | ($28.5m) | $246.0m | $214.9m | |
| Trade payables | $81.9m | $32.9m | $9.0m | ($14.1m) | ($33.3m) | $82.7m | $133.8m | $87.9m | ($17.2m) | ($265.4m) | — | |
| Intangible assets, property and equipment acquired through payables | — | — | — | — | — | — | $25.4m | $3.3m | $1.8m | $18.1m | — | |
| Other | $0 | $4.1m | ($2.3m) | $769k | $2.0m | $51k | ($23.6m) | $2.8m | ($280k) | $5.3m | — | |
| Other current assets | ($28.4m) | ($3.4m) | $4.0m | $7.6m | ($7.2m) | ($19.7m) | ($14.7m) | ($8.5m) | $10.1m | $13.7m | ($14.1m) | |
| Other current liabilities | $35.1m | $40.3m | ($4.0m) | $11.4m | $6.3m | $33.0m | ($17.9m) | $43.8m | ($11.3m) | ($7.5m) | $3.0m | |
| Net Cash Provided by (Used in) Operating Activities | $153.5m |
$245.5m
+59.94%
|
$260.7m
+6.22%
|
$222.8m
-14.53%
|
$185.4m
-16.82%
|
$220.9m
+19.18%
|
$256.0m
+15.88%
|
$224.2m
-12.40%
|
$258.2m
+15.12%
|
$311.2m
+20.56%
|
$318.8m
+2.43%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $7.8m | $13.7m | ($8.5m) | ($15.2m) | $1.8m | $3.0m | ($71k) | $8.3m | $1.5m | $2.0m | ($365k) | |
| Proceeds from disposal of investments | — | — | — | — | — | $0 | $0 | $8.8m | $0 | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $235.5m | ($1.1m) | — | — | — | — | — | $6.8m | $527k | $0 | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | ($16.8m) | — | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | $2.0m | $29.0m | ($21.8m) | — | — | ($1.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($312.8m) | ($106.3m) | ($226.7m) | ($103.9m) | ($101.1m) | ($76.4m) | ($166.1m) | ($108.7m) | ($97.9m) | ($101.1m) | ($155.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | $964k | $1.0m | $167.3m | $1.2m | $78.5m | $0 | $0 | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $84.0m | $3.7m | $0 | $0 | $153.2m | $0 | $78.5m | $0 | $0 | — | $0 | |
| Issuance Of Debt | — | — | — | — | — | $0 | $78.5m | $0 | $0 | — | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $78.5m | $0 | $0 | — | $0 | |
| Long Term Debt Payments | — | — | — | — | — | ($1.2m) | ($78.5m) | $0 | $0 | — | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | ($1.2m) | $0 | $0 | $0 | — | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | — | ($1.2m) | $0 | $0 | $0 | — | $0 | |
| Net Short Term Debt Issuance | — | — | — | — | — | $0 | $78.5m | $0 | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | ($1.2m) | ($78.5m) | $0 | $0 | — | $0 | |
| Payments for Repurchase of Common Stock | — | — | $80.0m | $58.6m | $43.7m | $100.0m | $135.7m | $125.5m | $224.6m | $152.1m | — | |
| Proceeds from Issuance of Common Stock | $20.1m | $32.0m | $1.5m | $1.7m | $1.7m | $25.2m | $1.0m | $1.9m | $4.5m | — | $1.9m | |
| Common Stock Issuance | — | — | — | — | — | — | $1.0m | $1.9m | $4.5m | $1.9m | $1.9m | |
| Common Stock Payments | — | — | — | — | — | — | ($135.7m) | ($125.5m) | ($224.6m) | ($152.1m) | ($108.9m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $1.0m | $1.9m | $4.5m | $1.9m | $1.9m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($134.7m) | ($123.5m) | ($220.0m) | ($150.2m) | ($107.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($135.7m) | ($125.5m) | ($224.6m) | ($152.1m) | ($108.9m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | $21.9m | ($1.9m) | $1.5m | ($1.3m) | — | |
| Change in other financing activities | — | — | — | — | $0 | $0 | $21.9m | ($1.9m) | $1.5m | ($1.3m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | $21.6m | ($23.7m) | ($50.5m) | ($1.3m) | ($1.4m) | |
| Net Cash Provided by (Used in) Financing Activities | $90.6m |
($29.5m)
-132.54%
|
($62.7m)
-112.69%
|
($59.1m)
+5.69%
|
($57.7m)
+2.31%
|
($80.1m)
-38.74%
|
($113.0m)
-41.10%
|
($147.3m)
-30.26%
|
($270.5m)
-83.70%
|
($151.5m)
+44.00%
|
($110.3m)
+27.19%
|
|
| Net increase (decrease) in cash and cash equivalents and restricted cash | — | $143.8m | ($49.7m) | $54.3m | $69.2m | $27.5m | ($67.3m) | ($36.9m) | ($120.4m) | $51.4m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $54.3m | $69.2m | $27.5m | ($67.3m) | ($36.9m) | ($120.4m) | $51.4m | $259.4m | |
| Net cash and cash equivalents and restricted cash at the beginning of the period | — | $414.1m | $364.4m | $418.8m | $488.0m | $515.5m | $448.2m | $411.3m | $290.9m | $342.4m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $515.5m | $448.2m | $411.3m | $290.9m | $206.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $418.8m | $488.0m | $515.5m | $448.2m | $411.3m | $290.9m | $342.4m | $259.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($5.5m) | $42.7m | ($36.9m) | ($44.1m) | ($5.2m) | ($10.2m) | ($7.2m) | ($7.1m) | |
| Effect of exchange rates changes on cash and cash equivalents | — | $34.1m | ($21.0m) | ($5.5m) | $42.7m | ($36.9m) | ($44.1m) | ($5.2m) | ($10.2m) | ($7.2m) | — | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($44.1m) | ($5.1m) | ($10.2m) | ($7.2m) | ($7.1m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.3m | $2.9m | ($1.7m) | $1.4m | $2.2m | $1.5m | $1.3m | $1.5m | $1.4m | $1.6m | — | |
| Income Taxes Paid, Net | ($43.5m) | ($56.4m) | ($67.0m) | ($52.1m) | $17.6m | $28.8m | $38.1m | $40.1m | $40.7m | $64.9m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $506k | ($7.5m) | ($3.9m) | ($4.4m) | ($150k) | ($1.8m) | $19.7m | ($7.6m) | ($3.5m) | ($2.2m) | — | |
| Gain (Loss) on Disposition of Assets | $81k | ($794k) | $869k | — | ($2.7m) | ($2.0m) | $194k | $7.9m | ($1.9m) | — | — | |
| General and Administrative Expense | $117.5m | $127.1m | $135.2m | $139.8m | $116.4m | $152.6m | $205.3m | $137.5m | $176.1m | $168.9m | — | |
| Goodwill | $209.4m | $236.8m | $312.9m | $317.1m | $325.8m | $329.7m | $515.1m | $524.2m | $515.2m | $535.8m | — | |
| Income Tax Expense (Benefit) | $33.1m | $31.7m | $46.1m | $39.5m | $32.2m | $16.2m | $31.2m | $20.1m | $39.8m | $54.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.8m | $2.5m | — | |
| Investment Income, Interest | $1.4m | $883k | $1.1m | $1.5m | $1.1m | $634k | $1.9m | $4.7m | $10.1m | $5.7m | — | |
| Operating Expenses | $524.0m | $681.7m | $687.1m | $687.8m | $579.2m | $630.1m | $770.9m | $785.8m | $831.6m | $846.6m | — | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | — | — | — | $1.9m | — | |
| Payment for contingent liability on regulatory matters | — | — | — | — | — | $0 | $0 | ($43.3m) | $0 | $0 | — | |
| Equity awards compensation expense | $43.3m | $71.6m | $66.6m | $41.0m | $28.8m | $44.5m | $65.0m | $97.2m | $106.6m | $57.8m | — | |
| Change in uncertain tax positions | — | — | — | — | $0 | $0 | $412k | ($880k) | $1.8m | $10.4m | — | |
| Net change in fair value of earn-out | — | — | — | — | $0 | $0 | $771k | $2.3m | $1.0m | $0 | — | |
| Change in income taxes | — | — | ($12.7m) | ($28.0m) | $10.9m | $6.0m | ($11.0m) | $4.4m | $19.4m | ($22.0m) | — | |
| Change in operating lease liabilities and right of use assets | — | $0 | $0 | ($5.2m) | ($5.8m) | ($2.6m) | $748k | ($696k) | ($1.8m) | ($87k) | — | |
| Payment for businesses, net of cash acquired | ($235.5m) | $1.1m | ($101.2m) | ($4.6m) | ($1.2m) | ($10.4m) | ($138.0m) | ($6.8m) | ($527k) | $0 | — | |
| Purchases of investment securities | — | — | — | — | — | — | — | ($22.5m) | ($26.7m) | ($28.4m) | — | |
| Maturities and sales of investment securities | — | — | — | — | — | — | $47.1m | $26.0m | $6.0m | $28.0m | — | |
| Proceeds from exercise of stock options | — | — | — | — | — | — | — | $1.9m | $4.5m | $1.9m | — | |
| Repurchase of treasury stocks | $0 | $0 | ($80.0m) | ($58.6m) | ($43.7m) | ($100.0m) | ($135.7m) | ($125.5m) | ($224.6m) | ($152.1m) | — | |
| Cash payment for contingent consideration | — | — | — | — | — | $0 | $0 | ($22.0m) | ($52.0m) | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($113.0m) | ($147.3m) | ($270.5m) | ($151.5m) | ($110.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($166.1m) | ($108.7m) | ($97.9m) | ($101.1m) | ($155.1m) | |
| Change In Account Payable | — | — | — | — | — | — | $133.8m | $87.9m | ($17.2m) | ($265.4m) | ($163.1m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($67.3m) | ($36.9m) | ($120.4m) | $51.4m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $748k | ($696k) | ($1.8m) | ($87k) | $865k | |
| Change In Payable | — | — | — | — | — | — | $133.8m | $87.9m | ($17.2m) | ($265.4m) | ($163.1m) | |
| Changes In Cash | — | — | — | — | — | — | ($23.2m) | ($31.7m) | ($110.2m) | $58.6m | $53.4m | |
| End Cash Position | — | — | — | — | — | — | $448.2m | $411.3m | $290.9m | $342.4m | $259.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($113.0m) |
($147.3m)
-30.26%
|
($270.5m)
-83.70%
|
($151.5m)
+44.00%
|
($110.3m)
+27.19%
|
|
| Free Cash Flow | — | — | — | — | — | — | $192.2m | $108.1m | $180.0m | $208.5m | $177.3m | |
| Investing Cash Flow | — | — | — | — | — | — | ($166.1m) | ($108.7m) | ($97.9m) | ($101.1m) | ($155.1m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($138.0m) | ($6.8m) | ($527k) | $0 | $0 | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($55.8m) | ($114.3m) | ($76.6m) | ($100.7m) | ($138.8m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $27.8m | $12.4m | ($20.7m) | ($407k) | ($16.3m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($194k) | ($7.9m) | $7.4m | $1.7m | ($365k) | |
| Other Non Cash Items | — | — | — | — | — | — | ($23.1m) | ($38.2m) | ($777k) | $5.3m | — | |
| Purchase Of Business | — | — | — | — | — | — | ($138.0m) | ($6.8m) | ($527k) | $0 | $0 | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($63.8m) | ($116.1m) | ($78.1m) | ($102.7m) | ($141.5m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($19.4m) | ($22.5m) | ($26.7m) | ($28.4m) | ($28.4m) | |
| Sale Of Intangibles | — | — | — | — | — | — | $8.0m | $1.8m | $1.5m | $2.0m | $2.7m | |
| Sale Of Investment | — | — | — | — | — | — | $47.1m | $34.9m | $6.0m | $28.0m | $12.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $65.0m | $97.2m | $102.6m | $57.8m | $51.0m |