← INNODATA 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) Attributable to Parent | ($5.5m) |
($5.1m)
+8.49%
|
$4k
+100.08%
|
($1.6m)
-40150.00%
|
$617k
+138.51%
|
($1.7m)
-371.15%
|
($11.9m)
-613.39%
|
($908k)
+92.39%
|
$28.7m
+3256.39%
|
$32.2m
+12.29%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($5.9m) | ($5.4m) | $11k | ($1.6m) | $644k | ($1.8m) | ($12.0m) | ($889k) | $28.7m | $32.2m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($387k) | ($304k) | $7k | ($17k) | $27k | ($132k) | ($70k) | $19k | $15k | — | — | |
| Depreciation, Depletion and Amortization | $3.2m | $3.7m | $3.4m | $2.9m | $2.3m | $2.9m | $3.9m | $4.7m | $5.8m | $6.9m | $8.2m | |
| Amortization | ($10k) | ($101k) | $187k | ($116k) | ($109k) | $8k | $517k | — | — | — | — | |
| Amortization of Intangible Assets | $725k | $980k | $996k | $964k | $907k | $2.0m | $2.7m | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | ($176k) | ($490k) | $175k | ($313k) | ($618k) | $88k | $217k | ($276k) | ($5.6m) | $4.1m | $1.6m | |
| Share-based Payment Arrangement, Noncash Expense | $1.2m | $695k | $796k | $836k | $913k | $1.8m | $3.3m | $4.0m | $4.0m | $11.1m | $18.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | $97k | $3.3m | — | |
| Goodwill, Impairment Loss | — | — | $675k | $0 | — | — | $2k | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($17k) | $40k | $533k | ($1.2m) | $481k | $1.9m | ($1.3m) | $5.1m | $14.7m | $18.4m | ($13.9m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $136k | ($139k) | $0 | — | — | — | — | $426k | $804k | $108k | ($13.9m) | |
| Purchases of property and equipment, accrued but unpaid | $2.7m | $3.4m | $2.0m | $1.8m | $1.4m | $4.4m | $6.5m | $5.6m | $7.7m | $11.1m | ($12.4m) | |
| Net Cash Provided by (Used in) Operating Activities | ($2.7m) |
$738k
+126.98%
|
$3.6m
+388.35%
|
$4.9m
+34.66%
|
$5.7m
+16.63%
|
$5.2m
-8.99%
|
($1.2m)
-123.61%
|
$5.9m
+585.44%
|
$35.0m
+493.17%
|
$46.8m
+33.52%
|
$196.2m
+319.67%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.7m | $3.4m | $2.0m | $1.8m | $1.4m | $4.4m | $6.5m | $5.6m | $7.7m | $11.1m | ($12.4m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | ($48k) | — | — | — | — | — | $1.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $4.2m | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($7.0m) | ($3.4m) | ($2.0m) | ($1.8m) | ($1.4m) | ($4.4m) | ($7.0m) | ($5.1m) | ($7.7m) | ($11.1m) | ($22.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $703k | $1.1m | $2.0m | $1.0m | $864k | $691k | $639k | $452k | $513k | $420k | ($513k) | |
| Payments for Repurchase of Common Stock | $134k | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($837k) |
($284k)
+66.07%
|
($2.0m)
-613.73%
|
($2.9m)
-41.59%
|
$2.3m
+180.56%
|
$773k
-66.57%
|
($307k)
-139.72%
|
$2.9m
+1035.50%
|
$6.1m
+110.93%
|
($426k)
-107.03%
|
$8.2m
+2022.07%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($196k) | $191k | ($82k) | $5k | $6.7m | $1.3m | ($9.1m) | $4.0m | $33.1m | $35.3m | $241.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $10.9m | $17.6m | $18.9m | $9.8m | $13.8m | $46.9m | $82.2m | $241.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($196k) | $191k | ($82k) | ($209k) | $102k | ($227k) | ($554k) | $310k | ($255k) | $111k | ($1.5m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $0 | — | — | $11k | $2.6m | $2.2m | $332k | $3.3m | $6.7m | $3.3m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $130k | $141k | $28k | $19k | $400k | $287k | $229k | — | |
| Income Taxes Paid, Net | $1.3m | $1.1m | $680k | $962k | $348k | $1.5m | $1.1m | $753k | $2.4m | $6.0m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | $0 | $0 | $0 | — | $0 | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $486k | $466k | ($201k) | $158k | $108k | ($533k) | $1.3m | ($400k) | $200k | $100k | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | ($125k) | — | — | — | — | |
| Goodwill | $2.7m | $2.8m | $2.0m | $2.1m | $2.1m | $2.1m | $2.0m | $2.1m | $2.0m | $2.1m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | ($1.7m) | ($10.5m) | — | — | — | — | |
| Income Tax Expense (Benefit) | $1.1m | $285k | $1.8m | $1.1m | $401k | $842k | $1.5m | $1.0m | ($4.2m) | $9.2m | — | |
| Operating Lease, Expense | — | — | — | $2.1m | $2.3m | $1.8m | $1.8m | $1.6m | $1.4m | $1.6m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($63k) | $86k | $353k | — | — | — | — | — | — | — | — | |
| Pension Cost (Reversal of Cost) | $223k | $202k | $709k | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | $480k | $426k | $804k | $108k | — | |
| Stock or Unit Option Plan Expense | $330k | $260k | $264k | $113k | $158k | $178k | $214k | $294k | $281k | $1.7m | — |