← FLOTEK INDUSTRIES INC/CN/
| 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 | ($49.1m) |
($27.4m)
+44.24%
|
($70.3m)
-156.76%
|
($32.3m)
+54.11%
|
($136.4m)
-322.72%
|
($30.5m)
+77.63%
|
($42.3m)
-38.59%
|
$24.7m
+158.42%
|
$10.5m
-57.52%
|
$30.5m
+190.80%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | ($70.7m) | ($32.3m) | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($358k) | $0 | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $10.4m | $12.2m | $9.2m | $8.5m | $3.4m | $1.0m | $734k | $734k | $891k | $1.8m | $2.5m | |
| Amortization of Debt Issuance Costs | $424k | $472k | $400k | $1.4m | $0 | — | $1.0m | $83k | $0 | $345k | — | |
| Amortization of Intangible Assets | $2.8m | $2.7m | $1.4m | $2.0m | $900k | $0 | — | — | — | — | — | |
| Depreciation | $7.6m | $9.5m | $7.8m | $6.5m | $2.5m | $1.0m | $734k | $734k | $891k | $1.8m | $2.5m | |
| Other Depreciation and Amortization | $8.5m | $12.2m | $9.2m | $8.5m | — | — | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | $1.4m | $9.0m | ($6.6m) | $25.3m | ($187k) | ($56k) | ($125k) | $104k | $249k | ($11.2m) | ($6.5m) | |
| Share-based Payment Arrangement, Noncash Expense | $12.1m | $11.2m | $7.0m | $4.2m | $3.0m | $3.8m | $3.3m | ($254k) | $1.4m | $2.3m | $3.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $390k | $224k | $268k | $162k | $1.6m | — | |
| Share-based Payment Arrangement, Expense | $12.1m | $11.2m | $7.1m | $7.1m | $3.2m | $3.8m | — | — | — | — | $3.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $37.2m | $0 | $11.7m | $8.1m | $0 | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $32.4m | $0 | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $32.4m | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $7.4m | $0 | — | — | — | — | — | |
| Nonoperating Income (Expense) | $10.4m | ($1.4m) | ($10.8m) | ($311k) | $1.0m | $890k | ($6.9m) | $1.6m | ($1.0m) | ($3.6m) | — | |
| Other Nonoperating Income (Expense) | ($303k) | $812k | ($5.0m) | $1.7m | $503k | $87k | $145k | ($26k) | $46k | $348k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $11.5m | ($1.5m) | $2.6m | ($21.0m) | ($3.6m) | $1.4m | $7.3m | ($5.3m) | $3.9m | $2.3m | ($75.3m) | |
| Increase (Decrease) in Inventories | $6.5m | $17.3m | ($2.6m) | $65k | ($4.0m) | ($1.8m) | $7.9m | ($1.9m) | $1.1m | ($3.1m) | ($15.0m) | |
| Inventory Write-down | — | — | — | — | $12.3m | $623k | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | $12.7m | ($8.7m) | $4.6m | $1.1m | ($12.3m) | $1.8m | $25.8m | ($1.7m) | $6.4m | $10.2m | $38.2m | |
| Net Cash Provided by (Used in) Operating Activities | $2.1m |
($684k)
-133.30%
|
$1.3m
+289.47%
|
($322k)
-124.85%
|
($47.8m)
-14756.52%
|
($25.8m)
+45.98%
|
($44.6m)
-72.72%
|
($11.3m)
+74.69%
|
$3.4m
+129.75%
|
$7.2m
+114.34%
|
($2.2m)
-130.51%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $14.0m | $9.0m | $3.6m | $2.4m | $1.4m | $39k | $421k | $1.1m | $1.9m | $2.0m | ($1.9m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $18k | ($292k) | $443k | ($1.4m) | $30.2m | ($94k) | ($2.9m) | ($38k) | ($124k) | ($7k) | ($97k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $18k | ($292k) | $443k | ($1.4m) | $94k | $94k | $2.9m | $38k | $124k | $7k | ($97k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $7.9m | $0 | $0 | — | $26.3m | $0 | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($22.3m) | $708k | ($1.3m) | $337k | $0 | $112k | $5.3m | ($1.0m) | ($1.8m) | ($2.0m) | ($1.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $881k | $0 | $4.5m | $0 | — | — | |
| Payments for Repurchase of Common Stock | $0 | $5.2m | $0 | $0 | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $30.9m | $654k | $341k | $35k | $462k | $80k | $133k | $77k | $114k | $155k | $114k | |
| Net Cash Provided by (Used in) Financing Activities | $22.9m |
($27.3m)
-219.40%
|
$21.5m
+178.72%
|
($50.0m)
-332.75%
|
$3.7m
+107.45%
|
($372k)
-109.98%
|
$38.3m
+10386.83%
|
$5.9m
-84.51%
|
($3.1m)
-152.56%
|
($3.7m)
-20.12%
|
$3.4m
+191.64%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($3k) | $151k | ($88k) | $98.2m | ($61.9m) | ($26.0m) | ($934k) | ($6.4m) | ($1.4m) | $1.3m | $4.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($239k) | ($1.5m) | $101.2m | $39.3m | $13.3m | $12.4m | $6.0m | $4.5m | $5.8m | $4.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($3k) | $151k | ($88k) | $5k | ($102k) | $100k | $100k | ($54k) | $124k | ($155k) | $57k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $2.5m | $599k | $25k | $26k | $45k | $434k | $846k | $3.6m | — | |
| Income Taxes Paid, Net | $333k | ($10.2m) | ($139k) | ($699k) | ($6.2m) | — | — | — | $50k | $135k | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | — | — | ($360k) | $0 | — | — | — | — | — | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $576k | — | $584k | $0 | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $12.7m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | — | — | — | $561k | $94k | — | — | — | — | — | |
| Goodwill | $56.7m | $56.7m | $0 | — | $8.1m | $0 | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $1.9m | ($13.1m) | ($73.1m) | ($76.7m) | ($136.4m) | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | ($73.4m) | ($76.7m) | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $2.7m | $44.5m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($51.0m) | ($14.3m) | $2.7m | $44.5m | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $1.2m | $8.8m | ($7.2m) | ($201k) | ($6.2m) | ($40k) | ($22k) | $149k | $649k | ($10.9m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.1m | $3.9m | — | |
| Operating Expenses | $98.0m | — | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $2.9m | $1.6m | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | ($358k) | $0 | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $134k | $21k | $0 | $0 | — | — | — | — | — | $576k | — |