← KVH INDUSTRIES INC \DE\
| 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 | ($7.5m) |
($11.0m)
-46.79%
|
($8.2m)
+25.39%
|
$33.3m
+503.97%
|
($21.9m)
-165.98%
|
($9.8m)
+55.50%
|
$24.1m
+346.86%
|
($15.4m)
-163.99%
|
($11.0m)
+28.36%
|
($7.4m)
+33.17%
|
— | |
| Depreciation, Depletion and Amortization | $12.6m | $11.0m | $12.9m | $11.5m | $11.7m | $14.6m | $14.0m | $13.4m | $13.3m | $10.7m | $14.6m | |
| Amortization | $5.0m | $4.3m | $4.0m | $980k | $1.0m | $1.0m | $499k | $234k | $407k | $519k | $620k | |
| Depreciation | $7.6m | $6.7m | $8.8m | $8.8m | $10.7m | $13.6m | $12.9m | $13.2m | $12.9m | $10.2m | $9.6m | |
| Deferred Income Tax Expense (Benefit) | $2.4m | ($756k) | ($781k) | ($4.9m) | ($387k) | ($179k) | ($345k) | ($42k) | $117k | ($454k) | ($217k) | |
| Share-based Payment Arrangement, Noncash Expense | $3.7m | $3.5m | $3.3m | $4.2m | $3.5m | $4.1m | $3.4m | $2.1m | $2.0m | $1.6m | $3.8m | |
| Share-based Payment Arrangement, Expense | $3.7m | $3.5m | $3.3m | $4.2m | $3.5m | $4.1m | $3.4m | $2.1m | $2.0m | $1.6m | $3.8m | |
| Goodwill, Impairment Loss | — | — | — | — | $8.7m | $0 | — | $5.3m | $0 | — | $0 | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $10.5m | $0 | $0 | $6.0m | $1.1m | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $0 | $1.8m | $0 | $0 | $657k | $1.1m | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | $274k | $0 | — | — | |
| Other Nonoperating Income (Expense) | $275k | ($366k) | $655k | $101k | $193k | $7.2m | $772k | ($1.4m) | ($1.8m) | $1.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($10.7m) | ($2.7m) | $2.2m | $4.3m | $1.1m | $506k | ($506k) | ($1.7m) | ($3.8m) | $4.3m | ($1.8m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $872k | $674k | $657k | ($131k) | $333k | $530k | $221k | $64k | $217k | ($45k) | ($1.8m) | |
| Increase (Decrease) in Inventories | ($806k) | $2.0m | $174k | $553k | $1.2m | ($33k) | $8.5m | ($3.7m) | $3.9m | ($8.7m) | ($9.6m) | |
| Inventory Write-down | — | — | — | $2.3m | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | ($790k) | $6.7m | $2.0m | ($1.9m) | ($3.3m) | ($251k) | $11.4m | ($15.6m) | ($446k) | $176k | $2.8m | |
| Increase (Decrease) in Other Operating Assets | $2.4m | $712k | $2.1m | $1.0m | $484k | ($509k) | ($1.7m) | ($1.4m) | ($333k) | ($1.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $18.7m |
$11.5m
-38.35%
|
$5.2m
-55.03%
|
($14.2m)
-373.24%
|
($3.1m)
+78.26%
|
$2.9m
+194.48%
|
$8.9m
+205.74%
|
$2.5m
-71.55%
|
($13.2m)
-620.55%
|
$17.1m
+229.90%
|
($472k)
-102.76%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | ($713k) | ($494k) | ($471k) | ($2.5m) | ($1.2m) | — | ($32.3m) | |
| Payments to Acquire Property, Plant, and Equipment | $5.6m | $12.8m | $15.9m | $12.5m | $14.1m | $18.7m | $14.4m | $10.6m | $7.4m | $7.4m | ($14.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | — | — | — | — | ($3.8m) | |
| Net Cash Provided by (Used in) Investing Activities | ($8.7m) | $4.5m | ($7.6m) | $46.0m | ($9.3m) | ($6.7m) | $375k | ($14.7m) | $52.4m | $3.9m | $4.8m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $7.0m | $0 | — | — | — | — | |
| Repayments of Long-term Debt | $1.4m | $1.6m | $182k | $2.6m | — | — | — | — | — | — | ($264k) | |
| Payments for Repurchase of Common Stock | — | — | — | — | $390k | $0 | — | $239k | $0 | $1.7m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($4.4m) |
($9.7m)
-122.89%
|
($13.3m)
-36.10%
|
($30.8m)
-131.84%
|
$7.1m
+123.18%
|
$2.6m
-62.90%
|
$708k
-73.23%
|
$2.3m
+230.93%
|
$110k
-95.31%
|
($1.7m)
-1639.09%
|
$625k
+136.92%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.9m) | $1.9m | ($16.5m) | $315k | ($5.8m) | ($1.2m) | $9.7m | ($9.8m) | $39.3m | $19.3m | $14.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $18.1m | $18.4m | $12.6m | $11.4m | $21.1m | $11.3m | $50.6m | $69.9m | $14.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.9m) | $1.9m | ($817k) | ($812k) | ($542k) | ($48k) | ($297k) | $79k | ($51k) | $35k | ($411k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $1.7m | $929k | $0 | — | — | — | — | — | — | |
| Income Taxes Paid, Net | $3.6m | $972k | $2.6m | $424k | $1.1m | $419k | $312k | $22k | $173k | $197k | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($53k) | $554k | ($497k) | ($181k) | ($48k) | ($3k) | $517k | ($33k) | ($493k) | $8k | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($881k) | $86k | $377k | ($71k) | ($151k) | $112k | $399k | $179k | ($188k) | $101k | — | |
| Gain (Loss) on Disposition of Assets | ($907k) | ($27k) | ($17k) | ($189k) | $713k | $494k | $471k | $2.5m | $1.2m | ($1.4m) | — | |
| Gain (Loss) on Disposition of Business | — | — | — | $53.7m | $0 | — | — | — | — | — | — | |
| General and Administrative Expense | $28.2m | $28.9m | $28.0m | $25.5m | $24.4m | $28.8m | $24.7m | $18.9m | $16.5m | $15.3m | — | |
| Goodwill | $31.3m | $33.9m | $32.2m | $15.4m | $6.6m | $6.6m | $5.3m | $0 | — | $732k | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | ($16.0m) | ($21.9m) | — | ($3.9m) | ($15.4m) | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | $49.3m | $0 | — | $28.0m | $0 | — | — | — | |
| Income Tax Expense (Benefit) | $5.5m | $1.1m | $565k | ($4.0m) | $174k | ($108k) | $546k | $318k | $421k | ($131k) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $2k | $0 | — | |
| Investment Income, Interest | $513k | $659k | $635k | $2.0m | $996k | $886k | $1.5m | $3.6m | $3.0m | $2.6m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $243k | $537k | $553k | $341k | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $170.8m | $157.9m | $158.7m | $171.8m | $138.9m | $132.4m | $113.8m | $111.0m | — | |
| Unrealized Gain (Loss) on Derivatives | $80k | $89k | $58k | $71k | $151k | ($112k) | ($399k) | ($179k) | $188k | ($101k) | — |