← InMode Ltd.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $8.8m |
$22.4m
+153.60%
|
$61.2m
+173.45%
|
$75.0m
+22.67%
|
$165.1m
+120.03%
|
$161.5m
-2.15%
|
$197.9m
+22.54%
|
$181.3m
-8.41%
|
$93.8m
-48.24%
|
$77.5m
-17.39%
|
|
| Depreciation | $204k | $184k | $302k | $416k | $517k | $680k | $623k | $728k | $695k | $695k | |
| Deferred income tax assets, net | ($580k) | ($592k) | ($594k) | $1.7m | ($770k) | $84k | ($184k) | ($55.2m) | $2.9m | $2.1m | |
| Deferred Tax | — | — | — | — | — | $84k | ($184k) | ($55.2m) | $2.9m | $2.1m | |
| Share-based compensation expenses | $2.4m | $1.9m | $1.6m | $12.8m | $12.0m | $24.5m | $23.6m | $16.6m | $11.1m | $11.6m | |
| Change In Working Capital | — | — | — | — | — | ($4.5m) | ($41.4m) | ($7.1m) | ($24.3m) | ($13.5m) | |
| Decrease (increase) in accounts receivable (including non-current) | ($2.7m) | ($571k) | $449k | ($4.4m) | ($10.5m) | ($10.4m) | ($16.1m) | $5.9m | ($7.5m) | — | |
| Increase in other receivables | ($1.0m) | ($1.2m) | ($1.3m) | ($2.6m) | ($6.4m) | ($1.8m) | ($2.2m) | ($5.7m) | ($3.7m) | — | |
| Change In Receivables | — | — | — | — | — | ($12.2m) | ($18.3m) | $251k | ($11.1m) | ($22.1m) | |
| Changes In Account Receivables | — | — | — | — | — | ($10.4m) | ($16.1m) | $5.9m | ($7.5m) | ($22.1m) | |
| Increase in inventories | ($2.3m) | ($1.9m) | ($2.4m) | ($5.6m) | ($6.0m) | ($18.9m) | ($5.2m) | ($14.5m) | ($14.5m) | — | |
| Change In Inventory | — | — | — | — | — | ($18.9m) | ($5.2m) | ($14.5m) | ($14.5m) | ($3.6m) | |
| Increase (decrease) in accounts payable | $1.5m | $541k | $92k | $2.7m | $2.4m | $7.5m | ($2.3m) | ($184k) | $4.1m | $1.3m | |
| Increase (decrease) in other liabilities (including non-current) | $4.0m | $2.6m | $4.1m | $4.8m | $14.1m | $17.9m | ($12.6m) | $1.9m | $2.2m | — | |
| Change In Other Current Liabilities | — | — | — | — | — | $17.9m | ($12.6m) | $1.9m | $2.2m | $9.3m | |
| Net cash provided by operating activities | $14.6m |
$36.9m
+152.49%
|
$62.2m
+68.64%
|
$79.2m
+27.36%
|
$174.9m
+120.74%
|
$181.6m
+3.83%
|
$176.8m
-2.62%
|
$132.7m
-24.97%
|
$85.3m
-35.73%
|
$83.6m
-1.97%
|
|
| Capital Expenditure | — | — | — | — | — | ($1.6m) | ($705k) | ($669k) | ($972k) | ($1.1m) | |
| Loss on marketable securities, net | ($1k) | ($21k) | $3k | $5k | $175k | $71k | $0 | $167k | $15k | — | |
| Other investments | — | — | ($600k) | — | $0 | $0 | ($100k) | $0 | $0 | — | |
| Purchase of marketable securities | ($5.7m) | ($38.3m) | ($165.4m) | ($169.7m) | ($273.8m) | ($168.7m) | ($245.3m) | ($336.2m) | ($20.9m) | — | |
| Proceeds from sale of marketable securities | $202k | $19.0m | $72.6m | $147.7m | $118.6m | $2.3m | $5.0m | $90.8m | $17.2m | — | |
| Proceeds from maturity of marketable securities | — | — | — | $37.2m | $24.9m | $79.1m | $253.2m | $357.8m | $190.2m | — | |
| Net cash provided by (used in) investing activities | ($5.7m) | ($29.7m) | ($112.5m) | ($43.3m) | ($160.1m) | ($109.5m) | ($136.1m) | $162.2m | $186.0m | $185.7m | |
| Common Stock Payments | — | — | — | — | — | ($42.6m) | $0 | ($285.4m) | ($127.4m) | ($87.8m) | |
| Net Common Stock Issuance | — | — | — | — | — | ($42.6m) | $0 | ($285.4m) | ($127.4m) | ($87.8m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($42.6m) | $0 | ($285.4m) | ($127.4m) | ($87.8m) | |
| Net cash provided by (used in) financing activities | $1.8m |
$186k
-89.58%
|
$70.2m
+37627.42%
|
($12.4m)
-117.73%
|
($15.0m)
-20.74%
|
($41.1m)
-173.50%
|
$5.5m
+113.40%
|
($282.8m)
-5237.55%
|
($126.1m)
+55.42%
|
($88.5m)
+29.77%
|
|
| CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR | $6.7m | $17.6m | $24.7m | $44.7m | $68.9m | $97.5m | $144.4m | $155.3m | $302.5m | ||
| Beginning Cash Position | — | — | — | — | — | $68.1m | $97.5m | $144.4m | $155.3m | $216.2m | |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | $733k | ($559k) | ($1.6m) | $605k | ($1.2m) | $2.0m | ($788k) | ||||
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Change in allowance for credit losses of trade receivable | $186k | ($33k) | $78k | $442k | $516k | $449k | $1.0m | $572k | $454k | — | |
| Finance expenses (income), net | — | — | — | — | — | ($1.2m) | ($4.7m) | ($4.4m) | $498k | — | |
| Increase (decrease) in contract liabilities (including non-current) | $4.1m | $5.3m | $9.7m | ($5.5m) | $2.7m | $1.2m | ($3.1m) | $5.4m | ($5.0m) | — | |
| Investment in short-term deposits | — | ($10.0m) | ($47.8m) | ($55.7m) | ($73.1m) | ($93.7m) | ($233.2m) | ($168.2m) | ($292.6m) | — | |
| Proceeds from short-term deposits | — | — | $29.5m | $34.8m | $69.2m | $73.1m | $85.1m | $218.7m | $293.1m | — | |
| Purchase of fixed assets | ($189k) | ($381k) | ($693k) | ($463k) | ($939k) | ($1.6m) | ($705k) | ($669k) | ($972k) | — | |
| Repurchase of ordinary shares | — | — | — | ($17.2m) | ($35.4m) | ($42.6m) | $0 | ($285.4m) | ($127.4m) | — | |
| Exercise of options | $56k | $186k | $389k | $12k | $20.3m | $1.6m | $20k | $49k | $122k | — | |
| NET INCREASE IN CASH AND CASH EQUIVALENTS | $10.9m | $7.1m | $20.0m | $24.2m | ($802k) | $29.4m | $46.9m | $10.9m | $147.2m | ||
| Income taxes paid | $737k | $1.8m | $1.4m | $217k | $1.7m | $25.8m | $31.6m | $17.7m | $14.9m | — | |
| Interest received | $605k | $662k | $1.5m | $2.8m | $3.4m | $4.9m | $14.2m | $27.7m | $21.0m | — | |
| Recognition of operating lease right-of-use assets and liabilities | — | — | $417k | $566k | $4.3m | $2.3m | $5.2m | $1.3m | $3.1m | — | |
| Acquisition of non-controlling interest in exchange of ordinary shares | — | — | — | $0 | $12.8m | $0 | $0 | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | ($41.1m) | $5.5m | ($282.8m) | ($126.1m) | ($88.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($109.5m) | ($136.1m) | $162.2m | $186.0m | $185.7m | |
| Change In Account Payable | — | — | — | — | — | $7.5m | ($2.3m) | ($184k) | $4.1m | $1.3m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | $29.4m | $46.9m | $10.9m | $147.2m | — | |
| Change In Other Working Capital | — | — | — | — | — | $1.2m | ($3.1m) | $5.4m | ($5.0m) | $1.6m | |
| Change In Payable | — | — | — | — | — | $7.5m | ($2.3m) | ($184k) | $4.1m | $1.3m | |
| Changes In Cash | — | — | — | — | — | $31.0m | $46.3m | $12.1m | $145.2m | $180.7m | |
| End Cash Position | — | — | — | — | — | $97.5m | $144.4m | $155.3m | $302.5m | $397.0m | |
| Financing Cash Flow | — | — | — | — | — | ($41.1m) |
$5.5m
+113.40%
|
($282.8m)
-5237.55%
|
($126.1m)
+55.42%
|
($88.5m)
+29.77%
|
|
| Free Cash Flow | — | — | — | — | — | $180.0m | $176.1m | $132.0m | $84.3m | $82.5m | |
| Gain Loss On Investment Securities | — | — | — | — | $175k | $71k | — | $167k | $15k | $29k | |
| Investing Cash Flow | — | — | — | — | — | ($109.5m) | ($136.1m) | $162.2m | $186.0m | $185.7m | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($107.9m) | ($135.4m) | $162.9m | $187.0m | $186.7m | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($1.6m) | ($705k) | ($669k) | ($972k) | ($1.1m) | |
| Operating Gains Losses | — | — | — | — | $175k | $71k | — | $167k | $15k | $29k | |
| Other Non Cash Items | — | — | — | — | — | ($1.2m) | ($4.7m) | ($4.4m) | $498k | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $1.6m | $5.5m | $2.6m | $1.4m | $1.0m | |
| Provisionand Write Offof Assets | — | — | — | — | — | $449k | $1.0m | $572k | $454k | $1.6m | |
| Purchase Of Investment | — | — | — | — | — | ($262.4m) | ($478.7m) | ($504.4m) | ($313.5m) | ($447.3m) | |
| Purchase Of PPE | — | — | $693k | $463k | $939k | ($1.6m) | ($705k) | ($669k) | ($972k) | ($1.1m) | |
| Sale Of Investment | — | — | — | — | — | $154.5m | $343.3m | $667.3m | $500.5m | $634.0m | |
| Stock Based Compensation | — | — | — | — | — | $24.5m | $23.6m | $16.6m | $11.1m | $11.6m |