← e.l.f. Beauty, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | $5.3m | $33.5m | $15.5m | $17.9m | $6.2m | $21.8m | $61.5m | $127.7m | $112.1m | $26.3m | $59.6m | |
| Depreciation, Depletion and Amortization | $4.9m | $14.5m | $17.9m | $22.8m | $25.2m | $27.1m | $22.2m | $35.9m | $44.1m | $79.4m | $92.3m | |
| Amortization of Debt Issuance Costs | $1.3m | $810k | $792k | $747k | $847k | $331k | $346k | $430k | $545k | $1.4m | — | |
| Amortization of Intangible Assets | $8.3m | $7.1m | $7.1m | $7.0m | $8.1m | $8.1m | $8.1m | $15.0m | $17.4m | $35.5m | — | |
| Other Depreciation and Amortization | — | — | — | — | — | — | — | $3.5m | $4.4m | $8.7m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $17.6m | $30.2m | $44.1m | $79.4m | $92.3m | |
| Deferred Income Tax Expense (Benefit) | ($7.6m) | ($13.4m) | ($939k) | $2.4m | ($8.6m) | ($3.7m) | ($6.4m) | ($3.3m) | $533k | ($3.5m) | ($16.0m) | |
| Deferred Income Tax | ($7.6m) | ($13.4m) | ($939k) | $2.4m | ($8.6m) | ($3.7m) | ($6.4m) | ($3.3m) | $446k | ($3.5m) | ($16.0m) | |
| Deferred Tax | — | — | — | — | — | — | ($6.4m) | ($3.3m) | $446k | ($3.5m) | ($16.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $7.1m | $13.5m | $16.8m | $15.5m | $19.7m | $19.6m | $29.1m | $40.6m | $71.8m | $86.9m | $96.7m | |
| Stock-based compensation expense | $7.1m | $13.5m | $16.8m | $15.5m | $19.7m | $19.6m | $29.1m | $40.6m | $71.8m | $86.9m | $96.7m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $2.9m | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $2.9m | $0 | $0 | $0 | |
| Impairment of equity investment | — | — | — | — | — | $0 | $0 | $2.9m | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | $3.0m | ($2.0m) | ($390k) | $426k | ($1.6m) | ($1.4m) | ($1.9m) | $1.2m | $1.3m | $2.8m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($5.2m) | ($123.8m) | ($105.0m) | ($2.3m) | $22.7m | |
| Increase (Decrease) in Accounts Receivable | $15.4m | $8.0m | ($7.6m) | ($2.5m) | $10.5m | $5.6m | $22.4m | $49.6m | $2.7m | $17.5m | $28.9m | |
| Change In Receivables | — | — | — | — | — | — | ($22.4m) | ($49.6m) | ($2.7m) | ($17.5m) | $28.9m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($22.4m) | ($49.6m) | ($2.7m) | ($17.5m) | $28.9m | |
| Accounts receivable | ($15.4m) | ($8.0m) | $7.6m | $2.5m | ($10.5m) | ($5.6m) | ($22.4m) | ($49.6m) | ($2.7m) | ($17.5m) | $28.9m | |
| Increase (Decrease) in Inventories | $38.0m | ($6.7m) | ($16.3m) | $435k | $10.9m | $27.7m | ($3.2m) | $93.9m | ($4.9m) | ($7.3m) | ($37.9m) | |
| Inventory Write-down | — | — | $800k | — | — | — | — | — | — | — | — | |
| Change In Inventory | ($38.0m) | $6.7m | $16.3m | ($435k) | ($10.9m) | ($27.7m) | $3.2m | ($93.9m) | $4.9m | $7.3m | ($37.9m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $43.0m | $81.2m | ($23.4m) | $75.3m | $74.4m | |
| Accounts payable and accrued expenses | $43.1m | ($25.5m) | ($10.3m) | $6.0m | $17.5m | $1.5m | $43.0m | $81.2m | ($23.4m) | $75.3m | — | |
| Property and equipment purchases included in accounts payable and accrued expenses | $491k | $1.1m | $1.8m | $1.1m | $359k | $390k | $335k | $1.6m | $2.6m | $423k | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($4.4m) | ($6.3m) | ($7.9m) | ($54k) | $136k | |
| Prepaid expenses and other assets | ($635k) | ($11.2m) | ($8.5m) | ($6.5m) | ($9.7m) | ($10.6m) | ($24.6m) | ($55.2m) | ($75.9m) | ($67.4m) | — | |
| Other liabilities | $1.4m | ($230k) | ($206k) | ($11.5m) | ($3.3m) | ($4.4m) | ($4.4m) | ($6.3m) | ($7.9m) | ($54k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $2.1m |
$12.4m
+483.87%
|
$55.6m
+349.04%
|
$44.3m
-20.27%
|
$29.5m
-33.48%
|
$19.5m
-33.80%
|
$101.9m
+422.13%
|
$71.2m
-30.16%
|
$133.8m
+88.10%
|
$212.5m
+58.78%
|
$296.9m
+39.73%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($260k) | ($536k) | — | — | — | $152k | — | — | — | — | $58.3m | |
| Payments to Acquire Property, Plant, and Equipment | $9.2m | $7.5m | $8.9m | $9.4m | $6.5m | $4.8m | $1.7m | $8.7m | $18.5m | $22.4m | ($16.8m) | |
| Payments to Acquire Investments | — | $2.9m | $0 | $0 | — | — | — | $1.0m | — | — | ($1.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $25.9m | $0 | $0 | — | $275.0m | $0 | $581.7m | ($581.7m) | |
| Payments for (Proceeds from) Other Investing Activities | — | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($9.1m) | ($10.4m) | ($8.9m) | ($35.3m) | ($6.5m) | ($4.8m) | ($1.7m) | ($284.7m) | ($19.1m) | ($605.2m) | ($599.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($2.7m) | $0 | $0 | $0 | $0 | ($460k) | ($176k) | $0 | ($13k) | ($674k) | — | |
| Loss on extinguishment of debt | $2.7m | $0 | $0 | $0 | $0 | $460k | $176k | $0 | $13k | $674k | — | |
| Proceeds from Issuance of Long-term Debt | $172.7m | $0 | $0 | $0 | $0 | $25.6m | $0 | $115.0m | $256.7m | $600.0m | $650.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $204.5m | $256.7m | $650.0m | $650.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $204.5m | $256.7m | $650.0m | $650.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($30.0m) | $196.6m | ($6.2m) | $585.0m | $577.5m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($30.0m) | $196.6m | ($6.2m) | $585.0m | $577.5m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | $89.5m | — | — | ($89.5m) | |
| Short Term Debt Issuance | — | — | — | — | — | $26.5m | $0 | $89.5m | — | — | $0 | |
| Proceeds from long-term debt | $172.7m | $0 | $0 | $0 | $0 | $25.6m | $0 | $115.0m | $256.7m | $600.0m | — | |
| Debt issuance costs paid | ($704k) | ($519k) | $0 | $0 | ($334k) | ($1.1m) | $0 | ($665k) | ($2.1m) | ($6.9m) | — | |
| Repayments of Long-term Debt | $151.5m | $8.2m | $8.2m | $9.5m | $11.8m | $54.5m | $30.0m | $7.9m | $173.4m | $15.0m | ($72.5m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($30.0m) | ($7.9m) | ($262.9m) | ($65.0m) | ($72.5m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($30.0m) | ($7.9m) | ($262.9m) | ($65.0m) | ($72.5m) | |
| Short Term Debt Payments | — | — | — | — | — | ($26.5m) | $0 | $0 | — | — | ($89.5m) | |
| Repayment of long-term debt | ($151.5m) | ($8.2m) | ($8.2m) | ($9.5m) | ($11.8m) | ($54.5m) | ($30.0m) | ($7.9m) | ($173.4m) | ($15.0m) | — | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $8.1m | $5.6m | $953k | $5.8m | $7.7m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($67.1m) | ($50.0m) | ($100.0m) | |
| Proceeds from Issuance of Common Stock | $64.1m | $2.0m | $3.2m | $1.5m | $1.5m | $1.7m | $8.1m | $5.6m | $953k | $5.8m | $7.7m | |
| Common Stock Issuance | — | — | — | — | — | — | $8.1m | $5.6m | $953k | $5.8m | $7.7m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $8.1m | $5.6m | ($66.1m) | ($44.2m) | ($92.3m) | |
| Cash received from issuance of common stock | $64.1m | $2.0m | $3.2m | $1.5m | $1.5m | $1.7m | $8.1m | $5.6m | $953k | $5.8m | — | |
| Issuance of common stock as consideration for acquisition | — | — | — | — | — | $0 | $0 | $57.8m | $0 | $300.3m | $7.7m | |
| Payments for Repurchase of Common Stock | — | $0 | $0 | $7.9m | $0 | $0 | $0 | $0 | $67.1m | $50.0m | — | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($67.1m) | ($50.0m) | ($100.0m) | |
| Repurchase of common stock | — | $0 | $0 | ($7.9m) | $0 | $0 | $0 | $0 | ($67.1m) | ($50.0m) | — | |
| Proceeds from (Payments for) Other Financing Activities | ($657k) | ($404k) | ($490k) | ($771k) | ($813k) | ($779k) | ($788k) | ($576k) | ($57k) | $0 | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($788k) | ($1.2m) | ($2.1m) | ($6.9m) | ($6.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $8.3m |
($7.2m)
-186.58%
|
($5.6m)
+22.67%
|
($16.7m)
-199.69%
|
($11.4m)
+31.63%
|
($29.1m)
-155.35%
|
($22.7m)
+21.90%
|
$200.9m
+983.86%
|
($74.4m)
-137.05%
|
$533.9m
+817.16%
|
$478.3m
-10.41%
|
|
| Net increase (decrease) in cash and cash equivalents | $1.3m | ($5.2m) | $41.1m | ($7.7m) | $11.6m | ($14.4m) | $77.4m | ($12.6m) | $40.5m | $141.0m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($7.7m) | $11.6m | ($14.4m) | $77.4m | ($12.6m) | $40.5m | $141.0m | $345.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $43.4m | $120.8m | $108.2m | $148.7m | $170.0m | |
| Cash and cash equivalents - beginning of period | $14.0m | $15.3m | $10.1m | $46.2m | $57.8m | $43.4m | $120.8m | $108.2m | $148.7m | $289.7m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $46.2m | $57.8m | $43.4m | $120.8m | $108.2m | $148.7m | $289.7m | $345.9m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | $0 | $0 | ($34k) | $215k | ($189k) | ($1.7m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Income Tax Expense (Benefit) | $4.5m | ($11.0m) | $2.4m | $6.2m | ($2.5m) | $3.7m | $2.5m | $13.3m | $33.4m | $14.1m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $157.3m | $157.3m | $157.3m | $171.3m | $171.6m | $171.6m | $171.6m | $340.6m | $340.6m | $853.5m | $0 | |
| Operating Cash Flow | $2.1m |
$12.4m
+483.87%
|
$55.6m
+349.04%
|
$44.3m
-20.27%
|
$29.5m
-33.48%
|
$19.5m
-33.80%
|
$101.9m
+422.13%
|
$71.2m
-30.16%
|
$133.8m
+88.10%
|
$212.5m
+58.78%
|
$296.9m
+39.73%
|
|
| Cash Flow From Continuing Operating Activities | $2.1m | $12.4m | $55.6m | $44.3m | $29.5m | $19.5m | $101.9m | $71.2m | $133.8m | $212.5m | $296.9m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($22.7m) | $200.9m | ($74.4m) | $533.9m | $478.3m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.7m) | ($284.7m) | ($19.1m) | ($605.2m) | ($599.4m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($24.6m) | ($55.2m) | ($75.9m) | ($67.4m) | ($42.9m) | |
| Changes In Cash | — | — | — | — | — | — | $77.4m | ($12.6m) | $40.3m | $141.2m | $175.9m | |
| End Cash Position | — | — | — | — | — | — | $120.8m | $108.2m | $148.7m | $289.7m | $345.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($22.7m) |
$200.9m
+983.86%
|
($74.4m)
-137.05%
|
$533.9m
+817.16%
|
$478.3m
-10.41%
|
|
| Free Cash Flow | — | — | — | — | — | — | $100.2m | $62.5m | $115.3m | $190.1m | $280.2m | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.7m) | ($284.7m) | ($19.1m) | ($605.2m) | ($599.4m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | ($275.0m) | $0 | ($581.7m) | ($581.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($1.7m) | ($8.7m) | ($18.5m) | ($22.4m) | ($16.8m) | |
| Operating Gains Losses | — | — | — | — | — | $460k | $176k | — | $13k | $58.3m | $58.3m | |
| Other Non Cash Items | — | — | — | — | — | — | $5.1m | ($3.1m) | $10.4m | ($32.5m) | — | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($275.0m) | $0 | ($581.7m) | ($581.7m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($1.7m) | ($8.7m) | ($18.5m) | ($22.4m) | ($16.8m) | |
| Stock Based Compensation | — | — | — | — | — | — | $29.1m | $40.6m | $71.8m | $86.9m | $96.7m | |
| Non-cash lease expense | — | — | — | — | — | — | $4.6m | $5.7m | $9.7m | $10.9m | — | |
| Acquisition-related seller expenses | — | — | — | — | — | $0 | $0 | ($10.5m) | $0 | ($47.1m) | — | |
| Change in fair value of contingent consideration | — | — | — | — | — | — | — | $0 | $0 | $57.6m | — | |
| Other, net | ($657k) | ($404k) | ($490k) | ($771k) | ($813k) | ($779k) | ($788k) | ($576k) | ($57k) | $0 | — | |
| Acquisition, net of cash acquired | — | $0 | $0 | ($25.9m) | $0 | $0 | $0 | ($275.0m) | $0 | ($581.7m) | — | |
| Investment contributions | — | — | — | — | — | $0 | $0 | ($1.0m) | ($577k) | ($1.1m) | — | |
| Proceeds from revolving line of credit | $5.5m | $25.9m | $2.0m | $0 | $20.0m | $26.5m | $0 | $89.5m | $0 | $50.0m | — | |
| Repayment of revolving line of credit | ($13.2m) | ($25.9m) | ($2.0m) | $0 | ($20.0m) | ($26.5m) | $0 | $0 | ($89.5m) | ($50.0m) | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | $0 | — | — | — | — | — | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | ($1.0m) | ($577k) | ($1.1m) | ($1.1m) | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | ($1.0m) | ($577k) | ($1.1m) | ($1.1m) | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $77.4m | ($12.6m) | $40.5m | $141.0m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $12.2m | $8.2m | $7.1m | $6.3m | $3.0m | $1.8m | $3.5m | $11.3m | $15.7m | $37.4m | — | |
| Income Taxes Paid, Net | $8.5m | $5.7m | $4.1m | $5.6m | $2.3m | $7.6m | $13.4m | $12.4m | $25.3m | $21.4m | — |