← EXTREME NETWORKS INC
| 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), Including Portion Attributable to Noncontrolling Interest | ($31.9m) | ($8.5m) | ($46.8m) | ($25.9m) | ($126.8m) | $1.9m | $44.3m | $78.1m | ($86.0m) | ($7.5m) | — | |
| Amortization | $32.4m | $15.7m | $25.6m | $26.0m | $35.2m | $32.4m | $19.9m | $15.0m | $5.3m | $4.5m | $3.4m | |
| Amortization of Intangible Assets | $17.0m | $8.7m | $8.7m | $6.3m | $8.4m | $6.1m | $3.2m | $2.0m | $2.0m | $2.0m | — | |
| Depreciation | $10.8m | $10.6m | $23.5m | $26.9m | $28.6m | $23.0m | $20.2m | $19.9m | $24.1m | $14.7m | $15.8m | |
| Deferred Income Tax Expense (Benefit) | $1.7m | $2.0m | ($4.7m) | ($5.8m) | $1.8m | $1.8m | $682k | $407k | $80k | ($820k) | ($2.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $14.8m | $12.6m | $27.6m | $32.9m | $37.8m | $39.1m | $43.4m | $63.5m | $76.8m | $82.3m | $88.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | $8.0m | $9.2m | $24.5m | $21.9m | $47.9m | $21.2m | — | |
| Goodwill and Intangible Asset Impairment | — | $0 | $0 | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Restructuring Costs and Asset Impairment Charges | $4.5m | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $987k | ($47k) | $2.6m | ($783k) | $737k | ($1.7m) | $383k | $23k | $133k | ($1.1m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($10.2m) | $25.1m | $69.5m | ($36.3m) | ($62.2m) | $34.2m | $26.2m | ($1.6m) | ($92.3m) | $37.3m | ($38.5m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $1.1m | $335k | $1.7m | $1.4m | $1.3m | $409k | $29k | $459k | $210k | $157k | ($38.5m) | |
| Increase (Decrease) in Inventories | ($17.0m) | ($8.6m) | ($17.3m) | ($278k) | ($20.0m) | ($22.7m) | $16.7m | $41.8m | $116.4m | ($27.2m) | $24.3m | |
| Inventory Write-down | — | — | — | — | — | — | — | — | $71.1m | $2.6m | — | |
| Increase (Decrease) in Accounts Payable | ($9.6m) | $2.1m | $18.8m | ($9.8m) | ($26.1m) | $10.8m | $23.8m | $14.7m | ($48.0m) | $12.7m | $24.6m | |
| Purchases of property and equipment, accrued but unpaid | $5.3m | $10.4m | $40.4m | $22.7m | $15.3m | $17.2m | $15.4m | $13.8m | $18.1m | $24.7m | ($27.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $30.4m |
$59.3m
+95.23%
|
$19.0m
-67.88%
|
$104.9m
+451.09%
|
$35.9m
-65.81%
|
$144.5m
+302.78%
|
$128.2m
-11.32%
|
$249.2m
+94.43%
|
$55.5m
-77.74%
|
$152.0m
+174.00%
|
$123.2m
-18.98%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.3m | $10.4m | $40.4m | $22.7m | $15.3m | $17.2m | $15.4m | $13.8m | $18.1m | $24.7m | ($27.9m) | |
| Cash, Cash Equivalents, and Short-term Investments | $94.1m | — | $122.6m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | ($508k) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($5.3m) | ($71.8m) | ($132.5m) | ($21.8m) | ($189.5m) | ($17.2m) | ($85.0m) | ($13.8m) | ($18.1m) | ($24.7m) | ($27.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($1.2m) | — | — | — | — | — | — | — | — | |
| Repayments of Long-term Debt | $26.4m | $10.0m | $193.7m | $19.9m | — | — | — | — | — | — | ($70.0m) | |
| Payments for Repurchase of Common Stock | — | — | — | $15.0m | $30.0m | — | $45.0m | $99.9m | $49.9m | $38.0m | — | |
| Proceeds from Issuance of Common Stock | $4.6m | $11.8m | $3.3m | $11.5m | $8.8m | $4.5m | $6.5m | $5.1m | $30.1m | $3.9m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($6.7m) |
$48.7m
+822.89%
|
$104.7m
+115.05%
|
($34.4m)
-132.88%
|
$178.5m
+618.24%
|
($74.8m)
-141.90%
|
($94.7m)
-26.59%
|
($194.8m)
-105.76%
|
($115.0m)
+40.97%
|
($52.6m)
+54.26%
|
($114.5m)
-117.74%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $17.9m | $36.3m | ($9.3m) | $48.5m | $24.3m | $53.0m | ($52.4m) | $40.3m | ($78.1m) | $75.0m | $211.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $2.6m | $3.0m | $8.3m | $8.5m | $20.4m | $18.7m | $9.3m | $13.1m | $14.7m | $14.7m | — | |
| Income Taxes Paid, Net | $2.4m | $2.5m | $4.1m | $6.0m | $5.3m | $4.5m | $7.8m | $12.0m | $15.6m | $4.1m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), Realized | $1.3m | ($700k) | — | — | — | ($2.2m) | $1.7m | $800k | $600k | ($1.8m) | — | |
| General and Administrative Expense | $37.7m | $37.9m | $51.0m | $55.6m | $61.0m | $66.2m | $68.7m | $89.9m | $99.9m | $139.6m | — | |
| Goodwill | $70.9m | $80.2m | $139.1m | $138.6m | $331.2m | $331.2m | $400.1m | $394.8m | $393.7m | $399.6m | — | |
| Income Tax Expense (Benefit) | $4.3m | $4.3m | $145k | ($21k) | $6.4m | $8.2m | $7.9m | $16.0m | $8.5m | $11.7m | — | |
| Operating Expenses | $296.3m | $325.2m | $572.7m | $566.0m | $616.7m | $550.7m | $565.8m | $646.4m | $696.0m | $692.2m | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | — | $695k | — | |
| Provision for Loan, Lease, and Other Losses | $834k | $323k | $1.7m | $1.4m | $1.3m | $409k | $39k | $464k | $210k | $157k | — | |
| Realized Investment Gains (Losses) | — | — | $4.0m | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | ($1.8m) | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.