← Seanergy Maritime Holdings Corp.
| 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 | ($24.6m) |
($3.2m)
+86.86%
|
($21.1m)
-550.94%
|
($11.7m)
+44.45%
|
($18.4m)
-56.92%
|
$41.3m
+325.26%
|
$17.2m
-58.31%
|
$2.3m
-86.76%
|
$43.5m
+1805.00%
|
$21.2m
-51.14%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($24.6m) |
($3.2m)
+86.86%
|
($21.1m)
-550.94%
|
($11.7m)
+44.45%
|
($18.4m)
-56.92%
|
$41.3m
+325.26%
|
$16.9m
-59.11%
|
$2.2m
-86.92%
|
$41.9m
+1797.01%
|
$20.8m
-50.34%
|
— | |
| Amortization of Deferred Charges | $556k | $870k | $634k | $844k | $2.3m | $2.8m | $4.9m | $4.2m | $4.2m | $5.4m | — | |
| Amortization of Debt Issuance Costs | $265k | $531k | — | $1.1m | $1.1m | $3.7m | $2.9m | $2.2m | $1.7m | $1.9m | — | |
| Depreciation | $8.5m | $10.5m | $10.9m | $11.0m | $12.7m | $17.2m | $23.4m | $24.7m | $25.5m | $30.8m | $23.4m | |
| Share-based Payment Arrangement, Noncash Expense | $624k | $730k | $1.3m | $1.3m | $869k | $5.1m | $7.2m | $9.1m | $5.0m | $4.1m | $4.1m | |
| Nonoperating Income (Expense) | ($9.9m) | ($6.0m) | ($25.3m) | ($23.7m) | ($18.1m) | ($24.6m) | ($12.5m) | ($19.1m) | ($19.1m) | ($22.1m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($16.8m) | ($3.6m) | ($5.3m) | ($10.1m) | ($10.1m) | |
| Increase (Decrease) in Accounts Receivable | $1.5m | $843k | $511k | ($845k) | ($962k) | ($801k) | $839k | $176k | ($492k) | $467k | ($467k) | |
| Change In Receivables | — | — | — | — | — | — | ($839k) | ($176k) | $492k | ($467k) | ($467k) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($839k) | ($176k) | $492k | ($467k) | ($467k) | |
| Increase (Decrease) in Inventories | $1.1m | $748k | $492k | ($1.4m) | $788k | ($3.2m) | $840k | ($219k) | $135k | ($28k) | $28k | |
| Change In Inventory | — | — | — | — | — | — | ($840k) | $219k | ($135k) | $28k | $28k | |
| Increase (Decrease) in Accounts Payable | $371k | $2.3m | $5.5m | $1.7m | ($12.4m) | $348k | ($589k) | ($2.2m) | $1.5m | $5.3m | $5.3m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $1.6m | ($3.4m) | $3.9m | $7.3m | $5.3m | |
| Change In Accrued Expense | — | — | — | — | — | — | $2.2m | ($1.2m) | $2.4m | $1.9m | $1.9m | |
| Change In Other Current Assets | — | — | — | — | — | — | ($639k) | ($582k) | ($1.5m) | ($370k) | ($370k) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $0 | $0 | $0 | ($1.1m) | ($1.1m) | |
| Net Cash Provided by (Used in) Operating Activities | ($15.3m) |
$2.8m
+118.14%
|
$5.7m
+105.72%
|
$13.1m
+129.04%
|
($9.7m)
-174.27%
|
$80.8m
+929.58%
|
$37.3m
-53.83%
|
$31.3m
-15.99%
|
$75.3m
+140.33%
|
$52.6m
-30.12%
|
$52.6m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | $20.2m | $197.2m | $70.3m | $314k | $70.7m | $35.6m | ($72.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $0 | — | — | — | — | $697k | $0 | $8.1m | $0 | $2.3m | ($691k) | |
| Net Other Investing Changes | — | — | — | — | — | — | $12.7m | ($5.7m) | ($5.0m) | ($8.5m) | ($919k) | |
| Net Cash Provided by (Used in) Investing Activities | ($40.8m) | ($33.0m) | ($8.8m) | ($12.3m) | ($21.9m) | ($184.6m) | ($56.3m) | $17.7m | ($79.4m) | ($23.3m) | ($22.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | — | $0 | $0 | ($6.9m) | ($1.3m) | ($540k) | ($653k) | ($1.7m) | — | |
| Proceeds from Issuance of Long-term Debt | $32.0m | $34.5m | $67.1m | $6.4m | $22.5m | $180.3m | $124.8m | $53.8m | $120.8m | $155.8m | $179.7m | |
| Issuance Of Debt | — | — | — | — | — | — | $124.8m | $53.8m | $120.8m | $155.8m | $179.7m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $124.8m | $53.8m | $120.8m | $155.8m | $179.7m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($99.7m) | ($100.5m) | ($94.8m) | ($147.1m) | ($193.1m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $25.1m | ($46.8m) | $26.0m | $8.8m | ($13.4m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $25.1m | ($46.8m) | $26.0m | $8.8m | ($13.4m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($99.7m) | ($100.5m) | ($94.8m) | ($147.1m) | ($193.1m) | |
| Payments for Repurchase of Common Stock | — | — | — | $0 | $0 | $1.7m | $0 | $1.7m | $4.8m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | $0 | $0 | $1.7m | $17.9m | $6.0m | $10.8m | $9.5m | ($9.2m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($17.9m) | ($6.0m) | ($10.8m) | ($9.5m) | ($9.2m) | |
| Common Stock Issuance | — | — | — | — | — | — | $70k | $8k | $5.8m | $845k | $845k | |
| Common Stock Payments | — | — | — | — | — | — | $0 | ($1.7m) | ($4.8m) | $0 | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $70k | $8k | $5.8m | $845k | $845k | |
| Net Common Stock Issuance | — | — | — | — | — | — | $70k | ($1.7m) | $973k | $845k | $845k | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | ($1.7m) | ($4.8m) | $0 | $0 | |
| Dividends Payable | — | — | — | — | — | — | $4.5m | $491k | $5.3m | $2.7m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($17.9m) | ($6.0m) | ($10.8m) | ($9.5m) | ($9.2m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | $503k | $805k | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($1.4m) | ($1.3m) | ($2.1m) | ($1.6m) | ($2.3m) | |
| Net Cash Provided by (Used in) Financing Activities | $65.7m |
$25.3m
-61.41%
|
($491k)
-101.94%
|
$6.4m
+1393.48%
|
$39.1m
+515.59%
|
$127.4m
+225.95%
|
$5.8m
-95.43%
|
($56.6m)
-1071.47%
|
$14.1m
+124.87%
|
($1.5m)
-110.82%
|
($24.1m)
-1479.59%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $12.6m | ($4.9m) | ($3.6m) | $7.1m | $7.5m | $23.6m | ($13.1m) | ($7.5m) | $10.0m | $27.7m | $62.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $45.6m | $32.5m | $24.9m | $34.9m | $34.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $12.6m | $11.0m | $7.4m | $14.6m | $22.1m | $45.6m | $32.5m | $24.9m | $34.9m | $62.7m | $62.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $8.0m | $14.7m | $18.5m | $14.1m | $10.3m | $11.2m | $11.7m | $18.4m | $20.1m | $19.6m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | $2.8m | $0 | $0 | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($45k) | ($77k) | ($104k) | ($52k) | ($15k) | ($81k) | ($10k) | ($276k) | $58k | ($132k) | — | |
| General and Administrative Expense | $4.1m | $5.1m | $6.5m | $6.0m | $6.6m | $13.7m | $17.4m | $22.1m | $24.0m | $20.5m | — | |
| Income Tax Expense (Benefit) | $34k | $0 | $16k | $54k | $0 | $0 | ($28k) | $0 | $0 | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $20.6m | $21.7m | — | |
| Operating Costs and Expenses | $14.3m | $19.6m | $20.7m | $19.0m | $22.3m | $36.3m | $43.5m | $42.3m | $47.0m | $53.8m | — | |
| Operating Lease, Expense | — | — | — | — | $180k | $179k | $161k | $166k | $165k | $172k | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | $122.6m | $107.0m | $164.9m | $155.5m | — | |
| Payments for Repurchase of Warrants | — | — | — | $0 | $0 | $1.0m | $0 | $808k | $0 | $0 | — | |
| Payments of Financing Costs | $584k | $561k | $1.2m | $698k | $3.6m | $2.7m | $1.4m | $1.3m | $2.6m | $2.4m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $5.8m | ($56.6m) | $14.1m | ($1.5m) | ($24.1m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($56.3m) | $17.7m | ($79.4m) | ($23.3m) | ($22.9m) | |
| Change In Account Payable | — | — | — | — | — | — | ($589k) | ($2.2m) | $1.5m | $5.3m | $5.3m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($13.1m) | ($7.5m) | $10.0m | $27.7m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($16.1m) | $433k | ($5.7m) | ($15.5m) | ($15.5m) | |
| Change In Payable | — | — | — | — | — | — | ($589k) | ($2.2m) | $1.5m | $5.3m | $5.3m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $22k | ($141k) | ($2.3m) | $85k | $85k | |
| Changes In Cash | — | — | — | — | — | — | ($13.1m) | ($7.5m) | $10.0m | $27.7m | $27.7m | |
| End Cash Position | — | — | — | — | — | — | $32.5m | $24.9m | $34.9m | $62.7m | $62.7m | |
| Financing Cash Flow | — | — | — | — | — | — | $5.8m |
($56.6m)
-1071.47%
|
$14.1m
+124.87%
|
($1.5m)
-110.82%
|
($24.1m)
-1479.59%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($33.2m) | $30.8m | $927k | $17.0m | $8.8m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $0 | ($8.1m) | $0 | ($2.3m) | ($2.3m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($56.3m) | $17.7m | ($79.4m) | ($23.3m) | ($22.9m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | — | $0 | $0 | ($830k) | ($830k) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $100k | $1.5m | $0 | $0 | — | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($70.5m) | $23.4m | ($74.4m) | ($14.0m) | ($21.1m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | $250k | $0 | $0 | — | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | $1.3m | ($7.6m) | $653k | ($691k) | ($691k) | |
| Other Non Cash Items | — | — | — | — | — | — | $4.9m | $6.4m | $5.9m | $7.3m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $0 | ($808k) | $0 | $0 | $0 | |
| Purchase Of Business | — | — | — | — | — | — | — | $0 | $0 | ($830k) | ($830k) | |
| Purchase Of Investment | — | — | — | — | — | $0 | ($10.0m) | $0 | $0 | — | $0 | |
| Purchase Of PPE | $40.8m | $33.0m | $30.9m | $12.3m | $20.2m | $197.2m | ($70.5m) | ($490k) | ($74.4m) | ($35.6m) | ($72.2m) | |
| Sale Of Investment | — | — | — | — | — | $100k | $11.5m | $0 | $0 | — | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $0 | $23.9m | $0 | $21.6m | $51.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $7.2m | $9.1m | $5.0m | $4.1m | $4.1m |