← NIP Group Inc.
| Annual Trend | 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 From Continuing Operations | ($6.3m) | ($13.3m) | ($12.7m) | ($238.1m) | ($238.1m) | |
| Profit or Loss | ($6.3m) | ($13.3m) | ($12.7m) | ($238.1m) | — | |
| Net Income (Loss) Attributable to Parent | ($6.2m) |
($13.3m)
-113.30%
|
($12.7m)
+4.29%
|
($237.5m)
-1771.42%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($6.2m) |
($57.2m)
-819.81%
|
($48.6m)
+14.96%
|
($237.5m)
-388.43%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $180 | $4k | — | — | |
| Depreciation and amortization | $5.5m | $6.1m | $5.0m | $12.0m | $12.0m | |
| Amortization of Intangible Assets | — | $4.8m | $4.7m | — | — | |
| Depreciation | $5.5m | $592k | $354k | $12.0m | $12.0m | |
| Depreciation Expense | $5.3m | $6.1m | $5.0m | $10.8m | $12.0m | |
| Depreciation Amortization Depletion | $5.5m | $6.5m | $5.7m | $12.0m | $12.0m | |
| Deferred Income Tax Expense (Benefit) | ($503k) | ($1.4m) | ($2.5m) | ($14.8m) | ($14.8m) | |
| Deferred Tax | ($503k) | ($1.4m) | ($2.5m) | ($14.8m) | ($14.8m) | |
| Share-based Payment Arrangement, Noncash Expense | — | $6.1m | — | — | $36.7m | |
| Share-based Payment Arrangement, Expense | — | $6.1m | — | — | $36.7m | |
| Stock-Based Compensation Expense | $166k | $6.1m | — | $36.7m | $36.7m | |
| Impairment of Intangible Assets, Finite-lived | — | $0 | $0 | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | $0 | $0 | — | — | |
| Asset Impairment Charge | — | $0 | $0 | $186.9m | $186.9m | |
| Income (Loss) from Equity Method Investments | — | ($86k) | ($56k) | — | — | |
| Other Nonoperating Income (Expense) | — | $717k | $2.4m | — | — | |
| Share of loss in equity method investment | — | $86k | $56k | $326k | — | |
| Earnings (Loss)es From Equity Investments | $0 | $86k | $56k | $326k | $326k | |
| Nonoperating Income (Expense) | — | $193k | $1.8m | — | — | |
| Changes in operating assets and liabilities: | ||||||
| Change In Working Capital | ($8.5m) | ($3.5m) | ($6.0m) | ($2.4m) | ($2.4m) | |
| Increase (Decrease) in Accounts Receivable | — | $3.3m | $10.8m | — | ($7.5m) | |
| Accounts receivable | ($7.0m) | ($3.3m) | ($10.8m) | ($7.9m) | ($7.5m) | |
| Change In Receivables | ($6.5m) | ($3.4m) | ($10.9m) | ($7.5m) | ($7.5m) | |
| Changes In Account Receivables | ($7.0m) | ($3.3m) | ($10.8m) | ($7.9m) | ($7.5m) | |
| Increase (Decrease) in Accounts Payable | $4.1m | $2.9m | $6.0m | $7.4m | $7.4m | |
| Change In Payables And Accrued Expense | $2.7m | $1.8m | $5.4m | $9.0m | $7.4m | |
| Deferred revenue | ($3.0m) | ($310k) | ($168k) | $513k | — | |
| Accrued expenses and other liabilities | $362k | $16k | ($673k) | $1.7m | — | |
| Change In Accrued Expense | $362k | $16k | ($673k) | $1.7m | $1.7m | |
| Other Operating Expense | — | $109k | — | $1.6m | — | |
| Prepaid expenses and other current assets | ($728k) | ($1.1m) | $743k | ($1.1m) | — | |
| Change In Other Current Assets | ($1.2m) | $0 | ($411k) | $417k | $417k | |
| Change In Other Current Liabilities | ($84k) | ($555k) | ($672k) | ($1.0m) | ($1.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $2.0m |
($5.2m)
-355.16%
|
($16.5m)
-220.97%
|
$3.1m
+118.80%
|
($15.7m)
-604.32%
|
|
| Cash flows from investing activities: | ||||||
| Payments to Acquire Property, Plant, and Equipment | ($1.1m) | $96k | $714k | ($235k) | ($1.2m) | |
| Change in fair value of short-term investments | — | — | $4k | ($213k) | — | |
| Payments to Acquire Investments | — | — | $3.0m | — | $0 | |
| Net Other Investing Changes | $464k | ($152k) | ($2.8m) | ($2.4m) | ($2.4m) | |
| Net Cash from Investing Activities | $464k | $49k | $5k | $33k | — | |
| Net Cash Provided by (Used in) Investing Activities | — | $2.2m | ($5.0m) | ($918k) | ($918k) | |
| Cash flows from financing activities: | ||||||
| Repayments of borrowings | ($2.6m) | ($6.4m) | ($7.2m) | ($13.5m) | — | |
| Proceeds from Debt Issuance | $7.5m | $283k | $11.7m | $21.2m | — | |
| Issuance Of Debt | $14.2m | $9.8m | $14.5m | $23.3m | $23.3m | |
| Long Term Debt Issuance | $14.2m | $9.8m | $14.5m | $23.3m | $23.3m | |
| Net Issuance Payments Of Debt | ($89k) | ($218k) | $7.3m | $9.9m | $9.9m | |
| Net Long Term Debt Issuance | ($89k) | ($218k) | $7.3m | $9.9m | $9.9m | |
| Long Term Debt Payments | ($14.3m) | ($10.0m) | ($7.2m) | ($13.5m) | ($13.5m) | |
| Repayment Of Debt | ($14.3m) | ($10.0m) | ($7.2m) | ($13.5m) | ($13.5m) | |
| Issuance Of Capital Stock | $12.0m | $3.0m | $20.3m | $0 | $0 | |
| Proceeds from Issuance of Common Stock | — | — | $20.3m | — | $0 | |
| Common Stock Issuance | $0 | $3.0m | $20.3m | $0 | $0 | |
| Net Other Financing Charges | ($2.1m) | ($1.4m) | ($4.1m) | $3.8m | $3.8m | |
| Net Cash Provided by (Used in) Financing Activities | $9.8m |
$1.4m
-86.05%
|
$23.5m
+1619.23%
|
$13.6m
-41.98%
|
$13.6m
0.00%
|
|
| Net (decrease) increase in cash and cash equivalents | ($1.8m) | ($2.0m) | $2.0m | ($2.4m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($2.0m) | $2.0m | — | $7.1m | |
| Beginning Cash Position | $11.4m | $9.6m | $7.6m | $9.6m | $9.6m | |
| Cash and cash equivalents, beginning of the year | $9.6m | $7.6m | $9.6m | $7.1m | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($374k) | $9k | — | $571k | |
| Effect of exchange rate changes | ($262k) | ($374k) | $9k | $571k | $571k | |
| Additional Supplementary Disclosures | ||||||
| Additional Supplementary Disclosures | ||||||
| Gain (Loss) on Disposition of Intangible Assets | — | ($130k) | ($117k) | — | — | |
| Income Tax Expense (Benefit) | — | ($1.2m) | ($2.4m) | — | — | |
| Interest Expense Nonoperating | — | $523k | $537k | — | — | |
| Income Tax Expense | ($1k) | ($32k) | ($162k) | ($77k) | — | |
| Additional Financial Items | ||||||
| General and Administrative Expense | — | $15.3m | $11.8m | — | — | |
| Goodwill | — | $141.4m | $131.9m | — | $186.9m | |
| Operating Expenses | — | $21.9m | $19.9m | — | — | |
| Loss on disposal of intangible assets | — | $130k | $117k | $190k | — | |
| Waiver of payable related to league tournaments rights | $916k | — | $857k | $914k | — | |
| Advance to suppliers | $344k | $15k | $77k | ($2.6m) | — | |
| Amount due from related parties | $544k | ($81k) | ($111k) | $404k | — | |
| Other non-current assets | ($1.2m) | — | ($411k) | $417k | — | |
| Purchase of intangible assets | ($5.8m) | ($3.5m) | ($1.3m) | ($999k) | — | |
| Proceeds from Sale of PP&E | $36k | — | $233k | $61k | — | |
| Disposal of intangible asset | — | $4.2m | $1.4m | $1.0m | — | |
| Loan to related parties | ($149) | ($202k) | ($64k) | ($33k) | — | |
| Contribution from non-controlling shareholders | — | — | $284k | $2.6m | — | |
| Repayment of loans from related parties | ($11.7m) | ($3.6m) | — | — | — | |
| Loan from third parties | — | — | $2.8m | $2.1m | — | |
| Acquisition of non-controlling interests | ($594k) | ($565k) | — | ($261k) | — | |
| Payment of deferred offering cost | ($54k) | ($852k) | ($4.2m) | — | — | |
| Accretion on Preferred Shares to redemption value | ($25.3m) | ($43.9m) | ($35.9m) | — | — | |
| Net settlement of revenue from tournament participation of esports and payable related to league tournaments rights | — | $1.3m | $1.1m | — | — | |
| Cash Flow From Continuing Financing Activities | $9.8m | $1.4m | $23.5m | $13.6m | $13.6m | |
| Cash Flow From Continuing Investing Activities | ($1.7m) | $2.2m | ($5.0m) | ($918k) | ($918k) | |
| Change In Account Payable | $4.1m | $2.9m | $6.0m | $7.4m | $7.4m | |
| Change In Other Working Capital | ($3.0m) | ($310k) | ($168k) | $513k | $513k | |
| Change In Payable | $2.3m | $1.8m | $6.1m | $7.2m | $7.4m | |
| Change In Prepaid Assets | ($385k) | ($1.1m) | $820k | ($3.7m) | ($3.7m) | |
| Changes In Cash | ($1.6m) | ($1.6m) | $2.0m | ($3.0m) | ($3.0m) | |
| End Cash Position | $9.6m | $7.6m | $9.6m | $7.1m | $7.1m | |
| Financing Cash Flow | $9.8m |
$1.4m
-86.05%
|
$23.5m
+1619.23%
|
$13.6m
-41.98%
|
$13.6m
0.00%
|
|
| Free Cash Flow | ($16.2m) | ($8.7m) | ($18.6m) | ($16.9m) | ($16.9m) | |
| Gain Loss On Sale Of Business | — | $0 | $0 | $1.9m | $1.9m | |
| Gain Loss On Sale Of PPE | $0 | $130k | $117k | $190k | $190k | |
| Investing Cash Flow | ($1.7m) | $2.2m | ($5.0m) | ($918k) | ($918k) | |
| Net Business Purchase And Sale | $0 | $1.7m | $1.3m | ($363k) | ($363k) | |
| Net Intangibles Purchase And Sale | ($1.5m) | $711k | $92k | $19k | $19k | |
| Net PPE Purchase And Sale | ($729k) | ($96k) | ($481k) | ($174k) | ($174k) | |
| Net Preferred Stock Issuance | $12.0m | $0 | $0 | $0 | $0 | |
| Operating Gains Losses | — | $216k | $174k | $5.4m | $5.4m | |
| Other Non Cash Items | — | — | ($1.3m) | ($2.7m) | — | |
| Provisionand Write Offof Assets | $0 | $109k | $0 | $1.6m | $1.6m | |
| Purchase Of Business | $0 | $0 | ($128k) | ($363k) | ($363k) | |
| Purchase Of Intangibles | ($5.8m) | ($3.5m) | ($1.3m) | ($999k) | ($999k) | |
| Purchase Of PPE | ($765k) | ($96k) | ($714k) | ($235k) | ($1.2m) | |
| Sale Of Business | $0 | $1.7m | $1.4m | $0 | $0 | |
| Sale Of Intangibles | $4.3m | $4.2m | $1.4m | $1.0m | $1.0m | |
| Sale Of PPE | $36k | $0 | $233k | $61k | $61k | |
| Stock Based Compensation | $166k | $6.1m | $0 | $36.7m | $36.7m | |
| Unrealized Gain Loss On Investment Securities | $0 | $0 | $4k | ($213k) | ($213k) | |
| Net Investment Purchase And Sale | $0 | $0 | ($3.0m) | $2.0m | $2.0m | |
| Purchase Of Investment | $0 | $0 | ($3.0m) | $0 | $0 | |
| Sale Of Investment | — | $0 | $0 | $2.0m | $2.0m | |
| Supplemental disclosure of cash flow information: | ||||||
| Change In Cash Supplemental As Reported | ($1.8m) | ($2.0m) | $2.0m | ($2.4m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($686k) | $373k | $553k | ($793k) | — | |
| Income Taxes Paid, Net | $1k | ($32k) | ($162k) | $77k | — |