← Lifeway Foods, 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 | $3.5m |
($346k)
-109.95%
|
($3.1m)
-791.91%
|
$453k
+114.68%
|
$3.2m
+613.47%
|
$3.3m
+2.44%
|
$924k
-72.09%
|
$11.4m
+1130.19%
|
$9.0m
-20.60%
|
$13.9m
+53.56%
|
— | |
| Depreciation, Depletion and Amortization | $3.0m | $3.1m | $3.5m | $3.3m | $3.2m | $2.9m | $3.0m | $3.2m | $3.4m | $4.0m | $4.1m | |
| Amortization of Intangible Assets | $697k | $672k | $631k | $192k | $152k | $122k | $540k | $540k | $540k | $540k | — | |
| Deferred Income Tax Expense (Benefit) | $531k | $292k | $461k | ($533k) | ($841k) | $257k | ($172k) | ($28k) | $61k | ($270k) | ($270k) | |
| Share-based Payment Arrangement, Noncash Expense | $326k | $596k | $802k | $838k | $393k | $1.1m | $1.1m | $1.5m | $2.4m | $1.9m | $2.2m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | — | $1.9m | $2.2m | |
| Goodwill and Intangible Asset Impairment | — | — | — | $0 | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $1.2m | $0 | — | — | — | $0 | $0 | $0 | $0 | |
| Nonoperating Income (Expense) | — | — | ($201k) | $3.2m | ($95k) | ($264k) | ($508k) | ($346k) | $117k | $3.5m | — | |
| Other Nonoperating Income (Expense) | ($448k) | ($278k) | $16k | $84k | $47k | ($62k) | $0 | $4k | $230k | $279k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($292k) | ($780k) | ($2.4m) | $423k | $1.3m | $1.9m | $1.5m | $2.5m | $1.6m | $1.2m | ($6.4m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $0 | $480k | $21k | $7k | ($6k) | $2k | $0 | $2k | $0 | — | ($6.4m) | |
| Increase (Decrease) in Inventories | $579k | $29k | ($1.3m) | $523k | $538k | $1.4m | $1.3m | ($527k) | ($426k) | $3.2m | ($2.2m) | |
| Inventory Write-down | $200k | $374k | $558k | ($52k) | $0 | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | ($2.7m) | $1.1m | ($2.3m) | $710k | $311k | $1.0m | $1.9m | $1.9m | $156k | $238k | $2.2m | |
| Net Cash Provided by (Used in) Operating Activities | $5.1m |
$3.8m
-25.39%
|
$2.4m
-36.53%
|
$3.8m
+57.67%
|
$6.4m
+67.54%
|
$5.6m
-12.86%
|
$4.0m
-28.34%
|
$16.9m
+324.91%
|
$13.0m
-23.49%
|
$10.9m
-15.54%
|
$15.5m
+41.36%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($284k) | ($38k) | $54k | $189k | ($28k) | ($88k) | ($241k) | $34k | ($8k) | $115k | ($3.5m) | |
| Payments to Acquire Property, Plant, and Equipment | $3.2m | $5.3m | $2.8m | $1.2m | $1.9m | $1.9m | $3.4m | $4.4m | $6.7m | $27.4m | ($36.2m) | |
| Gain (Loss) on Investments | — | — | — | $1.7m | $0 | $1.7m | $1.7m | — | — | $3.4m | ($3.4m) | |
| Gain (Loss) on Sale of Investments | ($15k) | $0 | ($54k) | ($189k) | $28k | $88k | $241k | ($34k) | $8k | ($115k) | — | |
| Payments to Acquire Investments | $559k | $25k | $500k | $15k | $0 | — | — | $100k | $0 | — | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $5.2m | $580k | $0 | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($360k) | ($5.3m) | ($2.7m) | $838k | ($1.9m) | ($7.1m) | ($4.0m) | ($4.4m) | ($6.7m) | ($22.0m) | ($36.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $738k | $1.5m | $1.4m | $538k | $405k | $1.6m | $4.0m | $0 | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($1.6m) |
($2.3m)
-47.40%
|
($1.7m)
+27.90%
|
($3.8m)
-127.25%
|
($405k)
+89.37%
|
$2.9m
+812.35%
|
($4.7m)
-264.54%
|
($3.8m)
+20.43%
|
($2.8m)
+27.19%
|
($65k)
+97.64%
|
$6.7m
+10401.54%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $9.2m | $4.4m | $13.2m | $16.7m | $5.6m | $5.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $241k | $261k | $259k | $99k | $102k | $247k | $415k | $98k | $58k | — | |
| Income Taxes Paid, Net | $1.4m | $2.4m | $723k | ($1.9m) | ($426k) | $2.3m | $1.1m | $4.8m | $6.0m | $5.6m | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $13.8m | $14.0m | $13.6m | $12.8m | $11.7m | $11.6m | $12.6m | $13.1m | $19.4m | $21.6m | — | |
| Goodwill | $10.4m | $10.4m | $9.1m | $9.1m | $9.1m | — | $11.7m | $11.7m | $11.7m | $11.7m | $0 | |
| Income Tax Expense (Benefit) | $2.2m | ($458k) | ($225k) | $782k | $1.6m | $2.3m | $917k | $5.3m | $4.9m | $5.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $105k | $77k | — | |
| Operating Expenses | $28.9m | $31.2m | $29.0m | $24.1m | $22.0m | $22.8m | $24.4m | $25.4m | $34.7m | $42.0m | — | |
| Operating Lease, Expense | — | — | — | $688k | $440k | $304k | $229k | $138k | $148k | $209k | — | |
| Payments of Financing Costs | — | — | $69k | $0 | — | $32k | $0 | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | $1.4m | $4k | $2k | $0 | — | — | — | — |