← Five Point Holdings, LLC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $24.2m |
($67.9m)
-380.81%
|
$22.3m
+132.77%
|
$1.1m
-95.09%
|
$13.3m
+1116.64%
|
($34.8m)
-361.26%
|
$113.7m
+427.01%
|
$177.6m
+56.21%
|
$183.5m
+3.32%
|
$139.3m
-24.08%
|
|
| Depreciation and amortization | $1.5m | $13.3m | $20.6m | $14.1m | $26.0m | $16.9m | $19.9m | $19.4m | $8.8m | $9.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | $16.9m | $19.9m | $19.4m | $8.8m | $9.1m | |
| Deferred income taxes | $0 | $9.2m | $2.4m | $950k | $420k | ($1.5m) | ($4.4m) | $24.4m | $21.4m | $17.6m | |
| Deferred Tax | — | — | — | — | — | ($1.5m) | ($4.4m) | $24.4m | $21.4m | $17.6m | |
| Share-based compensation | $18.4m | $11.5m | $13.6m | $11.6m | $7.9m | $6.2m | $3.7m | $4.3m | $7.6m | $8.5m | |
| Reacquisition of share-based compensation awards for tax-withholding purposes | ($6.5m) | ($5.1m) | ($4.1m) | ($5.5m) | ($2.0m) | ($2.7m) | ($202k) | ($823k) | ($2.4m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | ($21.2m) | $1.6m | ($3.4m) | ($248k) | $13.2m | |
| Change In Working Capital | — | — | — | — | — | ($154.1m) | $19.6m | ($106.3m) | ($117.7m) | ($124.1m) | |
| Inventories | ($64.5m) | ($278.0m) | ($192.0m) | ($99.2m) | ($104.1m) | ($140.4m) | $27.5m | ($80.7m) | ($141.8m) | ($121.2m) | |
| Change In Inventory | — | — | — | — | — | ($140.4m) | $27.5m | ($80.7m) | ($141.8m) | ($121.2m) | |
| Accounts payable and other liabilities | $59.8m | ($5.7m) | ($4.2m) | ($32.3m) | ($18.3m) | ($22.5m) | ($11.7m) | $20.7m | ($6.8m) | ($4.6m) | |
| Other assets | ($923k) | ($1.1m) | ($3.9m) | ($69k) | ($1.3m) | $2.7m | $3.8m | ($11.5m) | $378k | — | |
| Change In Other Current Assets | — | — | — | — | — | $5.1m | $14.5m | ($31.5m) | $23.2m | $6.3m | |
| Change In Other Current Liabilities | — | — | — | — | — | $3.7m | ($10.7m) | ($14.8m) | $7.7m | ($4.6m) | |
| Net cash provided by operating activities | ($58.1m) |
($343.3m)
-490.43%
|
($232.0m)
+32.41%
|
($78.5m)
+66.17%
|
($81.4m)
-3.72%
|
($188.3m)
-131.27%
|
$154.1m
+181.85%
|
$116.0m
-24.74%
|
$105.2m
-9.27%
|
$65.5m
-37.77%
|
|
| Purchase of properties and equipment | ($242k) | ($3.1m) | ($1.7m) | ($2.1m) | ($154k) | ($75k) | ($23k) | ($808k) | ($217k) | — | |
| Payments to Acquire Property, Plant, and Equipment | — | $3.1m | $1.7m | $2.1m | $154k | $75k | $23k | $808k | $217k | — | |
| Net cash (used in) provided by investing activities | ($56.8m) | $579k | $311k | $52.9m | $75.3m | $64.0m | $77.1m | $70.1m | ($6.6m) | — | |
| Loss on debt extinguishment | — | — | — | — | — | — | $0 | $0 | $1.8m | — | |
| Issuance Of Debt | — | — | — | — | — | $15.0m | $0 | $0 | $450.0m | $450.0m | |
| Long Term Debt Issuance | — | — | — | — | — | $15.0m | $0 | $0 | $450.0m | $450.0m | |
| Long Term Debt Payments | — | — | — | — | — | ($15.0m) | $0 | ($100.0m) | ($530.1m) | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | $0 | $0 | ($100.0m) | ($80.1m) | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | — | $0 | $0 | ($100.0m) | ($80.1m) | $0 | |
| Repayment Of Debt | — | — | — | — | — | ($15.0m) | $0 | ($100.0m) | ($530.1m) | $0 | |
| Dividends Received CFI | — | — | — | — | $1.0m | $0 | $0 | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | ($9.7m) | ($9.2m) | ($9.0m) | ($23.9m) | ($73.8m) | |
| Net cash used in financing activities | $900.2m |
($10.1m)
-101.13%
|
$83.2m
+921.30%
|
($23.5m)
-128.29%
|
($26.6m)
-12.90%
|
($9.7m)
+63.44%
|
($9.2m)
+5.28%
|
($109.0m)
-1084.01%
|
($104.0m)
+4.56%
|
($157.0m)
-50.92%
|
|
| NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH | $785.3m | ($352.8m) | ($148.5m) | ($49.1m) | ($32.7m) | ($134.0m) | $222.0m | $77.1m | ($5.3m) | ||
| CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH—Beginning of period | $849.9m | $497.1m | $348.6m | $299.5m | $266.8m | $132.8m | $354.8m | $431.9m | $426.5m | — | |
| Beginning Cash Position | — | — | — | — | — | $266.8m | $132.8m | $354.8m | $431.9m | $457.6m | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Equity in earnings from unconsolidated entities | ($5.8m) | $2.2m | ($2.3m) | ($42.4m) | ($6.2m) | ($21.5m) | ($76.6m) | ($132.6m) | ($203.6m) | — | |
| Return on investment | $0 | $6.5m | $2.0m | $79.0m | $0 | $352k | $78.2m | $129.2m | $203.3m | — | |
| Related party assets | $49.3m | ($17.8m) | ($19.4m) | ($10.0m) | ($383k) | $2.4m | $10.8m | ($20.0m) | $22.8m | — | |
| Related party liabilities | ($34.5m) | $1.4m | ($4.3m) | ($1.3m) | $2.2m | $3.7m | ($10.7m) | ($14.8m) | $7.7m | — | |
| Return of investment | — | $6.5m | $2.0m | $57.5m | $78.2m | $64.3m | $77.1m | $70.9m | $55.5m | — | |
| Contributions to unconsolidated entities | ($106.5m) | ($8.4m) | $0 | ($4.2m) | ($3.8m) | ($205k) | $0 | $0 | ($6.5m) | — | |
| Acquisition of Hearthstone Venture, net of cash acquired | — | — | — | — | — | — | $0 | $0 | ($55.3m) | — | |
| Proceeds from senior notes offering | $500.0m | $0 | $125.0m | $0 | $0 | — | $0 | $0 | $450.0m | — | |
| Repayments of notes payable | $0 | ($5.0m) | ($65.1m) | $0 | $0 | $0 | $0 | ($100.0m) | ($530.1m) | — | |
| Payment of financing costs | ($10.6m) | $0 | ($2.8m) | $0 | ($686k) | $0 | ($687k) | ($474k) | ($8.5m) | — | |
| Related party reimbursement obligation | $0 | $0 | ($290k) | ($13.5m) | ($19.4m) | ($6.5m) | ($4.3m) | $0 | $0 | — | |
| Tax distributions to noncontrolling interests | — | $0 | $0 | ($4.6m) | ($4.4m) | ($435k) | ($4.0m) | ($7.7m) | ($12.6m) | — | |
| Distributions to redeemable noncontrolling interests | — | — | — | — | — | — | $0 | $0 | ($399k) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | ($9.7m) | ($9.2m) | ($109.0m) | ($104.0m) | ($157.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | $64.0m | $77.1m | $70.1m | ($6.6m) | ($16.8m) | |
| Change In Account Payable | — | — | — | — | — | ($22.5m) | ($11.7m) | $20.7m | ($6.8m) | ($4.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | ($134.0m) | $222.0m | $77.1m | ($5.3m) | — | |
| Change In Payable | — | — | — | — | — | ($22.5m) | ($11.7m) | $20.7m | ($6.8m) | ($4.6m) | |
| Changes In Cash | — | — | — | — | — | ($134.0m) | $222.0m | $77.1m | ($5.3m) | ($108.3m) | |
| End Cash Position | — | — | — | — | — | $132.8m | $354.8m | $431.9m | $426.5m | $349.4m | |
| Financing Cash Flow | — | — | — | — | — | ($9.7m) |
($9.2m)
+5.28%
|
($109.0m)
-1084.01%
|
($104.0m)
+4.56%
|
($157.0m)
-50.92%
|
|
| Free Cash Flow | — | — | — | — | — | ($188.3m) | $154.1m | $116.0m | $105.2m | $65.5m | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | $0 | $0 | $3.5m | $6.6m | $2.7m | |
| Interest Paid CFF | — | — | — | — | $0 | — | — | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | $64.0m | $77.1m | $70.1m | ($6.6m) | ($16.8m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $64.1m | $77.1m | $70.9m | ($6.3m) | ($16.5m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | ($75k) | ($23k) | ($808k) | ($217k) | ($295k) | |
| Operating Gains Losses | — | — | — | — | — | ($21.2m) | $1.6m | ($3.4m) | $1.6m | $15.0m | |
| Purchase Of Business | — | — | — | — | — | ($205k) | $0 | $0 | ($61.8m) | ($65.9m) | |
| Purchase Of Investment Properties | — | — | — | — | — | ($75k) | ($23k) | ($808k) | ($217k) | ($295k) | |
| Sale Of Business | — | — | — | — | — | $64.3m | $77.1m | $70.9m | $55.5m | $49.4m | |
| Stock Based Compensation | — | — | — | — | — | $6.2m | $3.7m | $4.3m | $7.6m | $8.5m |