← GILAT SATELLITE NETWORKS LTD
| 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 | ($5.3m) |
$6.8m
+227.36%
|
$18.4m
+170.68%
|
$36.5m
+98.48%
|
$34.9m
-4.45%
|
($3.0m)
-108.69%
|
($5.9m)
-95.45%
|
$23.5m
+496.49%
|
$24.8m
+5.72%
|
$20.7m
-16.60%
|
— | |
| Depreciation, Depletion and Amortization | $13.1m | $13.1m | $13.1m | $11.0m | $10.3m | $11.0m | $11.6m | $13.4m | $13.6m | $23.7m | $24.1m | |
| Amortization of Intangible Assets | $5.8m | $5.7m | $3.3m | $911k | $441k | $442k | $331k | $712k | $3.1m | $13.2m | — | |
| Depreciation | $7.3m | $7.5m | $9.9m | $10.1m | $9.8m | $10.5m | $11.3m | $12.7m | $10.2m | $10.5m | $10.5m | |
| Deferred Income Tax Expense (Benefit) | $4k | $189k | ($3.7m) | ($14.9m) | ($15k) | $2.4m | $1.9m | $2.3m | $2.0m | ($3.0m) | ($1.8m) | |
| Share-based Payment Arrangement, Noncash Expense | $908k | $856k | $1.0m | $2.1m | $1.3m | $1.3m | $2.2m | $3.4m | $6.7m | $8.4m | $16.7m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $1.3m | $1.3m | $2.2m | $3.4m | $6.7m | $8.4m | $16.7m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $37.6m | $19.6m | ($2.1m) | $1.3m | ($19.3m) | $11.2m | $11.2m | ($13.4m) | $5.4m | $42.4m | ($78.8m) | |
| Increase (Decrease) in Inventories | ($2.2m) | $10.8m | ($5.7m) | $8.1m | $5.0m | ($2.4m) | $5.4m | $2.4m | $1.9m | ($1.5m) | ($18.8m) | |
| Inventory Write-down | $4.8m | $3.3m | $6.4m | $2.6m | $2.9m | $3.4m | $2.8m | $3.7m | $2.6m | $3.1m | — | |
| Increase (Decrease) in Accounts Payable | $12.5m | $4.1m | ($8.9m) | ($3.9m) | ($157k) | ($711k) | ($259k) | ($7.6m) | $3.2m | ($2.2m) | $26.4m | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | $8.8m | $6.8m | $3.2m | — | |
| Net Cash Provided by (Used in) Operating Activities | $10.8m |
$20.8m
+92.99%
|
$32.0m
+53.93%
|
$34.8m
+8.64%
|
$43.2m
+24.09%
|
$18.9m
-56.20%
|
$10.8m
-42.79%
|
$31.9m
+195.39%
|
$31.7m
-0.86%
|
$20.7m
-34.72%
|
$8.1m
-61.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.3m | $3.7m | $10.8m | $8.0m | $4.7m | $8.9m | $12.8m | $10.7m | $6.6m | $11.5m | ($11.4m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $88k | — | ($275k) | ($461k) | ($181k) | ($651k) | ($771k) | $0 | $0 | — | ($86k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $4.1m | $0 | $104.9m | ($10.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($13.6m) | ($4.0m) | ($10.8m) | ($8.0m) | ($4.7m) | ($11.1m) | ($8.2m) | ($12.7m) | ($6.6m) | ($136.4m) | ($35.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $4.4m | $4.7m | $4.5m | $4.4m | $4.1m | $4.0m | $0 | $0 | — | $60.0m | ($59.2m) | |
| Proceeds from Issuance of Common Stock | $35.1m | — | — | — | — | — | — | — | — | $164.1m | $164.1m | |
| Dividends paid | — | — | — | $24.9m | $20.0m | $35.0m | $0 | $0 | — | — | — | |
| Dividends Payable, Current | — | — | — | — | $35.0m | $0 | — | — | — | — | — | |
| Other Interest and Dividend Income | $81k | $355k | $29k | $18k | $272k | $611k | $18k | $46k | $117k | $63k | — | |
| Net Cash Provided by (Used in) Financing Activities | $23.9m |
($4.0m)
-116.77%
|
($2.3m)
+42.15%
|
($28.9m)
-1146.70%
|
($24.1m)
+16.73%
|
($39.0m)
-61.87%
|
$0
+100.00%
|
($1.6m) |
($8.1m)
-409.87%
|
$163.2m
+2113.03%
|
$105.0m
-35.65%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($3.4m) | ($4.0m) | ($4.9m) | $1.5m | $14.0m | ($31.5m) | $2.7m | $17.6m | $15.5m | $48.7m | $142.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($3.4m) | ($4.0m) | $104.2m | $102.0m | $116.0m | $84.5m | $87.1m | $104.8m | $120.2m | $169.0m | $142.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($3.4m) | ($4.0m) | ($4.9m) | $1.5m | $8.9m | ($303k) | $32k | ($63k) | ($1.5m) | $1.2m | $2.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $906k | $303k | $509k | $293k | $98k | $0 | $564k | $544k | $4.6m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $1.6m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | ($2.1m) | $0 | $0 | — | |
| Gain (Loss) on Sale of Derivatives | ($670k) | — | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $26.5m | $19.9m | $17.0m | $18.6m | $14.1m | $15.6m | $18.9m | $19.2m | $26.9m | $31.3m | — | |
| Goodwill | $43.5m | $43.5m | $43.5m | $43.5m | $43.5m | $43.5m | $43.5m | $54.7m | $52.5m | $169.5m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($5.3m) | $6.8m | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $1.3m | ($247k) | ($1.4m) | ($13.6m) | $793k | $3.5m | $13.1m | $4.7m | $4.4m | ($1.8m) | — | |
| Noncash Merger Related Costs | — | — | — | $118k | — | — | — | — | — | — | — | |
| Operating Expenses | $74.7m | $71.6m | $72.8m | $70.3m | $3.6m | $69.1m | $77.0m | $76.9m | $85.6m | $109.9m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($396k) | ($1.4m) | $1.5m | ($653k) | ($169k) | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | — | $375k | — | — | — | $0 | $0 | $166k | — | |
| Sales-type Lease, Selling Profit (Loss) | — | — | — | — | — | $2.6m | — | — | — | — | — |