← Orthofix Medical 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 | $3.1m |
$6.2m
+103.63%
|
$13.8m
+121.93%
|
($28.5m)
-306.08%
|
$2.5m
+108.84%
|
($38.4m)
-1624.79%
|
($19.7m)
+48.54%
|
($151.4m)
-666.60%
|
($126.0m)
+16.78%
|
($92.2m)
+26.83%
|
— | |
| Depreciation, Depletion and Amortization | $20.8m | $20.1m | $18.7m | $24.7m | $30.5m | $29.6m | $29.0m | $53.1m | $60.1m | $77.3m | $58.5m | |
| Depreciation | $19.0m | $18.3m | $15.9m | $17.7m | $19.3m | $20.2m | $19.6m | $34.2m | $41.1m | $47.3m | $58.5m | |
| Amortization of Intangible Assets | $1.8m | $1.8m | $2.7m | $7.0m | $11.2m | $9.4m | $9.4m | $18.9m | $19.0m | $30.0m | — | |
| Capitalized Computer Software, Amortization | $6.4m | — | — | — | — | — | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | $10.5m | $21.3m | ($2.7m) | $1.4m | $10.8m | $24.5m | $314k | $579k | $1.9m | $223k | $643k | |
| Share-based Payment Arrangement, Noncash Expense | $16.0m | $12.6m | $18.9m | $21.5m | $16.2m | $15.4m | $18.4m | $35.7m | $32.5m | $28.7m | $28.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.4m | $3.8m | $3.4m | $5.2m | $2.5m | $2.6m | $1.7m | $4.4m | $5.3m | $432k | — | |
| Share-based Payment Arrangement, Expense | $16.0m | $12.6m | $18.9m | $21.5m | $16.2m | $15.4m | $18.4m | $35.7m | $32.5m | $28.7m | $28.7m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | ($4.7m) | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $11.8m | — | — | — | — | $0 | |
| Other Nonoperating Income (Expense) | ($2.8m) | ($4.0m) | ($6.4m) | ($8.1m) | $8.4m | ($3.3m) | ($3.1m) | ($938k) | ($9.6m) | $8.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($392k) | $6.6m | $3.7m | $11.0m | ($13.3m) | $7.0m | $6.7m | $10.4m | $9.5m | $1.6m | ($10.8m) | |
| Increase (Decrease) in Inventories | $5.3m | $15.6m | ($9.7m) | $5.7m | $873k | ($619k) | $18.1m | $58.1m | $5.5m | $10.7m | ($25.8m) | |
| Inventory Write-down | $400k | — | — | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | ($1.8m) | $2.3m | ($170k) | $2.1m | $2.5m | $4.3m | $2.3m | $8.6m | ($5.6m) | $2.6m | $12.2m | |
| Net Cash Provided by (Used in) Operating Activities | $44.7m |
$53.3m
+19.31%
|
$49.9m
-6.42%
|
$32.0m
-35.83%
|
$74.3m
+131.86%
|
$18.5m
-75.13%
|
($11.5m)
-162.45%
|
($45.8m)
-296.54%
|
$25.8m
+156.37%
|
$33.3m
+29.30%
|
$16.3m
-51.22%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $16.4m | $14.7m | $13.6m | $19.0m | $15.5m | $17.8m | $21.4m | $60.3m | $34.9m | $34.6m | ($44.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | — | — | ($2.0m) | ($1.1m) | $963k | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $1.8m | $5.1m | ($48k) | — | |
| Payments to Acquire Investments | — | — | $500k | — | — | — | — | — | — | — | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $44.3m | — | — | — | — | — | — | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | ($474k) | — | — | — | — | — | $500k | $100k | ($28k) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($21.9m) | ($16.5m) | ($61.0m) | ($22.9m) | ($52.3m) | ($23.0m) | ($24.5m) | ($33.1m) | ($27.6m) | ($34.6m) | ($43.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Common Stock | $19.7m | $7.8m | $7.1m | $11.6m | $7.6m | $8.8m | $4.3m | $5.1m | $6.3m | $5.9m | $5.5m | |
| Net Cash Provided by (Used in) Financing Activities | ($46.1m) |
$3.5m
+107.67%
|
$3.0m
-15.40%
|
($10.7m)
-457.10%
|
$3.2m
+130.36%
|
($3.6m)
-211.59%
|
($78k)
+97.85%
|
$65.3m
+83846.15%
|
$50.7m
-22.37%
|
($786k)
-101.55%
|
$63.6m
+8197.46%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($739k) | $1.2m | ($9.0m) | ($1.8m) | $26.4m | ($9.0m) | ($37.1m) | ($12.9m) | $48.0m | ($623k) | $104.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $672k | $811k | $800k | $800k | $1.9m | $1.5m | $1.4m | $5.8m | $16.9m | $17.3m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $1.6m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | ($441k) | ($1.1m) | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | ($1.6m) | $4.4m | ($2.9m) | — | |
| Gain (Loss) Related to Litigation Settlement | ($14.4m) | — | — | — | — | — | — | ($14.5m) | ($15.8m) | ($33.8m) | — | |
| General and Administrative Expense | $74.4m | $74.4m | $84.5m | $85.6m | $67.9m | $69.4m | $80.0m | $144.7m | — | — | — | |
| Goodwill | $53.6m | $53.6m | $72.4m | $71.2m | $84.0m | $71.3m | $71.3m | $194.9m | $194.9m | $194.9m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $3.5m | $7.3m | $13.8m | ($28.5m) | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $15.5m | $29.1m | $9.1m | $1.4m | ($2.9m) | $24.9m | $2.0m | $2.7m | $2.1m | $1.4m | — | |
| Operating Expenses | $300.9m | $300.0m | $326.3m | $378.1m | — | — | — | — | — | — | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | — | $2.0m | $2.3m | — | |
| Restructuring Costs | $3.0m | — | — | — | — | — | — | — | — | — | — |