← Innoviva, 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) Available to Common Stockholders, Basic | $59.5m |
$134.1m
+125.31%
|
$395.1m
+194.50%
|
$157.3m
-60.19%
|
$224.4m
+42.67%
|
$265.9m
+18.47%
|
$213.9m
-19.53%
|
$179.7m
-15.99%
|
$23.4m
-86.98%
|
$271.2m
+1059.22%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $134.3m | $406.3m | $191.0m | $293.8m | $368.8m | $220.3m | $179.7m | $23.4m | $271.2m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $129k | $11.3m | $33.7m | $69.4m | $103.0m | $6.3m | $0 | $0 | — | — | |
| Depreciation, Depletion and Amortization | $14.0m | $14.0m | $13.9m | $13.9m | $13.8m | $13.8m | — | — | — | — | $26.4m | |
| Depreciation | $100k | $200k | — | — | — | — | — | — | — | — | $26.4m | |
| Amortization of Debt Issuance Costs and Discounts | $2.8m | $5.1m | $7.7m | $7.8m | $8.4m | $9.1m | $2.1m | $2.1m | $2.1m | $1.9m | — | |
| Amortization of Intangible Assets | — | — | — | — | $0 | $0 | $5.6m | $21.8m | $25.9m | $26.3m | — | |
| Deferred Income Tax Expense (Benefit) | — | — | ($196.1m) | $41.9m | $60.4m | $76.4m | $25.0m | $4.4m | ($12.6m) | $43.8m | $49.7m | |
| Share-based Payment Arrangement, Noncash Expense | $8.3m | $9.8m | $3.2m | $2.1m | $1.7m | $2.0m | $7.3m | $5.8m | $6.4m | $9.5m | $12.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.1m | $2.1m | $3.1m | $89k | $92k | $60k | $82k | $77k | $142k | $143k | — | |
| Share-based Payment Arrangement, Expense | $8.3m | $9.8m | $3.2m | $2.1m | $1.7m | $2.0m | $7.3m | $5.8m | $6.4m | $9.5m | $12.2m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | ($49.5m) | ($84.4m) | ($161.7m) | $77.4m | ($64.3m) | $141.4m | — | |
| Other Nonoperating Income (Expense) | $2.4m | ($7.0m) | ($5.7m) | ($345k) | ($348k) | ($3.6m) | ($3.4m) | ($5.0m) | ($3.0m) | ($2.9m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $0 | — | — | — | — | — | $3.5m | $5.1m | $5.9m | $14.6m | ($22.4m) | |
| Increase (Decrease) in Inventories | $0 | — | — | — | — | — | ($280k) | $12.0m | $6.8m | $12.9m | $1.9m | |
| Increase (Decrease) in Accounts Payable | ($690k) | $473k | ($590k) | ($1k) | $56k | ($39k) | $92k | $3.8m | ($4.6m) | $2.8m | ($1.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $61.0m |
$141.7m
+132.44%
|
$223.5m
+57.69%
|
$257.5m
+15.18%
|
$313.1m
+21.62%
|
$363.8m
+16.19%
|
$201.7m
-44.55%
|
$141.1m
-30.07%
|
$188.7m
+33.76%
|
$196.9m
+4.37%
|
$191.5m
-2.76%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $278k | $0 | $0 | $12k | $13k | $0 | $67k | $411k | $270k | $1.1m | ($10.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | $0 | $0 | ($104k) | $0 | $0 | $0 | $0 | $101k | $12k | $9.4m | |
| Gain (Loss) on Investments | — | — | — | — | $50.3m | $91.0m | — | — | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | $44.4m | $75.4m | $213.9m | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | $50.3m | $89.3m | — | — | — | — | ($246.3m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | ($191.0m) | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($4.6m) | ($23.2m) | $3.5m | ($18.0m) | ($314.9m) | $43.7m | ($56.6m) | ($66.8m) | ($63.8m) | $40.5m | $23.8m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($2.3m) | ($7.3m) | ($5.7m) | ($216k) | $0 | $0 | ($20.7m) | $0 | $0 | — | — | |
| Payments for Repurchase of Common Stock | $78.1m | $97.5m | $0 | $0 | $0 | $394.1m | $8.5m | $75.7m | $14.8m | $4.5m | — | |
| Payments of Ordinary Dividends, Common Stock | $960k | $281k | $80k | $11k | $0 | $0 | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $385k | $435k | $1.1m | $627k | $436k | $1.2m | $370k | $170k | $1.5m | $2.6m | $3.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($97.6m) |
($163.2m)
-67.26%
|
($238.0m)
-45.82%
|
($23.8m)
+90.01%
|
($29.8m)
-25.27%
|
($452.5m)
-1419.21%
|
($55.6m)
+87.72%
|
($171.8m)
-209.24%
|
($13.5m)
+92.17%
|
$8.6m
+163.56%
|
($42.4m)
-596.20%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($41.2m) | ($44.7m) | ($10.9m) | $215.7m | ($31.6m) | ($45.0m) | $89.5m | ($97.5m) | $111.5m | $246.0m | $570.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $62.4m | $278.1m | $246.5m | $201.5m | $291.0m | $193.5m | $305.0m | $550.9m | $570.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $48.8m | $40.4m | $17.9m | $11.0m | $9.9m | $9.9m | $11.7m | $11.4m | $10.4m | $10.4m | — | |
| Income Taxes Paid, Net | — | — | — | — | $0 | $0 | $53.9m | $0 | $11.8m | $19.1m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | $266.7m | $0 | $0 | — | — | |
| General and Administrative Expense | $23.2m | $32.3m | $20.1m | $14.7m | $13.9m | $16.2m | — | — | — | — | — | |
| Goodwill | — | — | — | — | — | — | $26.7m | $17.9m | $17.9m | $17.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | — | $4k | ($196.1m) | $41.9m | $60.4m | $76.4m | $66.7m | $14.4m | $14.0m | $55.7m | — | |
| Operating Expenses | $24.6m | $33.6m | $22.8m | $14.7m | $15.7m | $16.8m | — | — | — | $143.9m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $1.6m | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | $23k | — | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | ($6.0m) | ($10.6m) | — | — | — | — | — | — | — |