← CPI Card Group 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), Including Portion Attributable to Noncontrolling Interest | $5.4m | ($22.0m) | ($37.5m) | ($4.5m) | $16.1m | $15.9m | $36.5m | $24.0m | $19.5m | $14.9m | — | |
| Depreciation, Depletion and Amortization | $16.9m | $18.0m | $18.4m | $17.0m | $16.8m | $15.1m | $14.9m | $15.9m | $16.4m | $22.5m | $25.4m | |
| Amortization of Debt Issuance Costs and Discounts | $1.9m | $1.9m | $1.9m | $2.0m | $3.5m | $2.4m | $1.9m | $1.9m | $1.5m | $1.3m | — | |
| Amortization of Intangible Assets | $4.6m | $4.9m | $4.7m | $4.6m | $4.6m | $4.4m | $3.9m | $3.9m | $3.6m | $4.3m | — | |
| Depreciation | $12.3m | $13.1m | $13.7m | $12.4m | $12.2m | $10.7m | $11.0m | $12.1m | $12.8m | $18.1m | $21.1m | |
| Deferred Income Tax Expense (Benefit) | ($1.8m) | ($9.1m) | ($6.9m) | $1.1m | $1.0m | ($2.2m) | $1.6m | $331k | ($3.8m) | $4.5m | $6.7m | |
| Share-based Payment Arrangement, Noncash Expense | $3.6m | $2.0m | $961k | $250k | $136k | $1.2m | $3.5m | $7.5m | $8.5m | $7.0m | $6.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $341k | — | — | — | — | — | — | $3.8m | $2.0m | — | |
| Goodwill, Impairment Loss | $0 | $19.1m | $6.4m | — | — | — | — | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | — | — | — | — | — | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $2.7m | — | — | $0 | $0 | $0 | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | — | ($134k) | — | |
| Other Nonoperating Income (Expense) | $20k | $11k | $16k | ($4k) | ($102k) | $14k | $107k | ($215k) | ($691k) | ($348k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($19.8m) | $5.5m | $5.5m | $688k | $11.7m | $6.4m | $19.7m | ($6.8m) | $11.8m | $686k | ($1.1m) | |
| Increase (Decrease) in Inventories | ($5.8m) | ($3.6m) | $2.0m | $10.4m | $6.1m | $33.4m | $10.7m | $1.6m | $2.0m | ($3.6m) | $21.1m | |
| Increase (Decrease) in Accounts Payable | ($6.4m) | $5.3m | $2.4m | $1.1m | $1.7m | $6.6m | ($453k) | ($11.3m) | $2.8m | $7.5m | $5.5m | |
| Net Cash Provided by (Used in) Operating Activities | $60.0m |
$2.4m
-95.95%
|
($3.5m)
-246.27%
|
($124k)
+96.51%
|
($61k)
+50.81%
|
$20.2m
+33262.30%
|
$31.3m
+54.91%
|
$34.0m
+8.63%
|
$43.3m
+27.24%
|
$59.5m
+37.38%
|
$91.7m
+54.13%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $14.3m | $8.8m | $5.6m | $4.2m | $7.1m | $10.1m | $17.9m | $6.4m | $9.3m | $18.2m | ($15.2m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | $44.2m | ($10.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($14.3m) | ($8.8m) | — | ($2.6m) | ($7.1m) | ($9.9m) | ($17.8m) | ($6.2m) | ($9.2m) | ($65.1m) | ($25.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | — | $62.0m | ($91.4m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($5.0m) | ($474k) | ($243k) | ($3.0m) | ($287k) | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | — | — | — | $67.0m | $32.0m | |
| Payments for Repurchase of Common Stock | $6.0m | — | — | — | — | — | — | $250k | $8.7m | — | — | |
| Payments of Ordinary Dividends, Common Stock | $7.5m | $7.5m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($21.9m) |
($7.9m)
+64.04%
|
($519k)
+93.41%
|
($1.9m)
-271.10%
|
$24.0m
+1344.91%
|
($47.2m)
-296.99%
|
($23.2m)
+50.96%
|
($26.4m)
-14.16%
|
($13.0m)
+50.99%
|
($6.2m)
+52.02%
|
($61.7m)
-892.76%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $23.3m | ($13.8m) | ($2.9m) | ($1.6m) | $38.9m | ($36.9m) | ($9.6m) | $1.4m | $21.1m | ($11.8m) | $21.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $20.3m | $18.7m | $57.6m | $20.7m | $11.0m | $12.4m | $33.5m | $21.7m | $21.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($61k) | $50k | $23k | $1k | — | — | — | — | $0 | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $15.1m | $18.5m | $20.7m | $23.0m | $22.8m | $22.3m | $27.7m | $25.7m | $26.3m | $32.4m | — | |
| Income Taxes Paid, Net | ($468k) | $30k | ($657k) | $780k | $1.0m | ($9.8m) | ($451k) | ($86k) | ($475k) | $6.4m | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | ($22.7m) | ($124k) | ($61k) | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($417k) | $560k | ($311k) | ($1.3m) | ($7k) | — | — | — | — | — | — | |
| Gain (Loss) on Termination of Lease | — | — | ($476k) | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $6.0m | — | — | — | — | — | — | — | |
| Goodwill | $72.0m | $53.6m | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | $47.1m | $48.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $5.4m | ($22.0m) | ($14.8m) | ($4.3m) | $16.2m | $15.9m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $3.1m | ($16.4m) | ($4.3m) | $3.7m | ($3.3m) | $7.9m | $12.6m | $10.5m | $5.5m | $6.7m | — | |
| Operating Expenses | $72.9m | $93.1m | $74.0m | $65.8m | $71.9m | $82.0m | $96.6m | $93.9m | $108.4m | $115.3m | — | |
| Operating Lease, Expense | — | — | — | $2.6m | — | — | — | — | — | — | — |