← Smart Logistics Global Ltd
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (Loss) | $10.4m |
$17.4m
+66.59%
|
$12.4m
-28.86%
|
$23.6m
+91.11%
|
$45.5m
+92.52%
|
$9.4m
-79.40%
|
$8.7m
-7.68%
|
($18.2m)
-310.26%
|
— | |
| Depreciation and amortization of property, equipment and software | $4.5m | $5.2m | $6.3m | $6.5m | $7.3m | $2.3m | $1.7m | $1.5m | $2.2m | |
| Amortization of land use right | — | — | — | — | — | $191k | $191k | $191k | — | |
| Amortization of right-of-use assets | — | — | — | — | — | $646k | $658k | $464k | — | |
| Amortization of intangible assets | $9.9m | $10.0m | $10.3m | $10.1m | $11.4m | $15.3m | $10.5m | $10.6m | — | |
| Amortization of debt issuance costs | $243k | $226k | $305k | $522k | $500k | $510k | $484k | $400k | — | |
| Amortization Cash Flow | — | — | — | — | $191k | $191k | $191k | $191k | — | |
| Amortization Of Intangibles | — | — | — | — | $191k | $191k | $191k | $191k | $191k | |
| Depreciation | — | — | — | — | $4.3m | $2.9m | $2.4m | $2.0m | $2.0m | |
| Depreciation Amortization Depletion | — | — | — | — | $4.5m | $3.1m | $2.6m | $2.2m | $2.2m | |
| Deferred income tax | ($2.2m) | ($674k) | ($411k) | ($3.4m) | ($2.6m) | $548k | ($58k) | ($4.5m) | ($4.5m) | |
| Deferred Tax | — | — | — | — | $820k | $548k | ($58k) | ($4.5m) | ($4.5m) | |
| Share-based compensation | $1.5m | $1.6m | $1.7m | $1.1m | $1.8m | $2.5m | $2.6m | $27.0m | $27.0m | |
| Change In Working Capital | — | — | — | — | ($14.3m) | $25.6m | $1.4m | ($47.2m) | ($47.2m) | |
| Accounts receivable | ($21.8m) | $11.6m | $20.6m | ($43.9m) | ($63.9m) | $2.9m | ($1.4m) | $8.7m | $24.2m | |
| Change In Receivables | — | — | — | — | ($13.7m) | $787k | ($271k) | $24.2m | $24.2m | |
| Changes In Account Receivables | — | — | — | — | ($5.9m) | $2.9m | ($1.4m) | $8.7m | $24.2m | |
| Inventories | — | — | — | — | — | ($81k) | ($150k) | $227k | $227k | |
| Change In Inventory | — | — | — | — | $225k | ($81k) | ($150k) | $227k | $227k | |
| Accounts payable | $3.5m | ($12.1m) | ($9.6m) | $39.8m | $26.4m | $26.8m | ($2.2m) | ($8.1m) | ($8.1m) | |
| Offset balance of loan receivable and accounts payable with the same third-party suppliers | — | — | — | — | — | $16.6m | — | — | — | |
| Change In Payables And Accrued Expense | — | — | — | — | $324k | $23.6m | $2.0m | ($6.7m) | ($8.1m) | |
| Accrued expenses and other current liabilities | — | ($7.4m) | ($8.0m) | $504k | $1.3m | ($67k) | $1.6m | $679k | — | |
| accrued expenses | $561k | ($6.1m) | — | — | — | — | — | — | $679k | |
| Change In Accrued Expense | — | — | — | — | $356k | ($67k) | $1.6m | $679k | $679k | |
| Prepayment and other current assets | $533k | ($1.8m) | ($3.0m) | $115k | ($1.3m) | $2.7m | ($489k) | ($69.2m) | — | |
| Other | — | — | $499k | ($251k) | $1.5m | $589k | ($305k) | $1.7m | — | |
| other liabilities | $337k | ($62k) | — | — | — | — | — | — | — | |
| Change In Other Current Assets | — | — | — | — | ($69k) | ($815k) | $791k | $5.0m | $5.0m | |
| Change In Other Current Liabilities | — | — | — | — | ($280k) | ($240k) | ($665k) | ($771k) | ($771k) | |
| Net cash provided by (used in) operating activities | $4.8m |
$39.8m
+736.23%
|
$29.9m
-24.95%
|
$14.1m
-52.81%
|
$24.9m
+76.43%
|
$38.6m
+54.97%
|
$12.5m
-67.45%
|
($40.7m)
-424.01%
|
($40.7m)
0.00%
|
|
| (Gain) Loss on disposal of property, plant and equipment | — | ($11k) | $182k | $358k | $186k | $103k | ($280) | $6k | — | |
| Purchase of property, equipment and software | $5.7m | ($6.4m) | ($5.2m) | ($11.4m) | ($7.5m) | ($13.5m) | ($243k) | ($298k) | — | |
| Proceed from disposal of property, plant and equipment | — | $474k | $182k | $358k | $186k | $103k | $33k | $163k | — | |
| Gain on disposal of property, technology, and equipment | $5k | ($11k) | ($103k) | $358k | $186k | $103k | $33k | $6k | — | |
| Purchases of technology and equipment | ($5.7m) | ($6.4m) | $5.2m | $11.4m | $7.5m | $13.5m | $243k | $298k | — | |
| Proceeds from sale of technology and equipment | $134k | $474k | — | — | — | — | — | — | — | |
| Acquisitions, net of cash acquired | ($741k) | $0 | ($9.2m) | $0 | ($38.4m) | ($3.2m) | ($6.8m) | ($28.5m) | — | |
| Net Other Investing Changes | — | — | — | ($47.5m) | ($72.9m) | ($43.3m) | $35.1m | — | $35.1m | |
| Net cash (used in) provided by investing activities | ($6.8m) | ($6.2m) | ($14.1m) | ($11.1m) | ($45.7m) | ($56.8m) | $34.9m | ($298k) | — | |
| Gain on forgiveness of debt | — | — | $0 | ($6.0m) | $0 | — | — | — | — | |
| Payments of debt issuance costs | ($89k) | $0 | ($1.9m) | $0 | $0 | ($904k) | ($119k) | $0 | — | |
| Issuance Of Debt | — | — | — | — | $31.0m | $28.8m | $31.0m | $34.9m | $34.9m | |
| Long Term Debt Payments | — | — | — | — | $0 | ($4.9m) | $0 | $0 | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | $5.0m | $10.1m | $8.0m | $3.9m | $3.9m | |
| Net Long Term Debt Issuance | — | — | — | — | $0 | ($4.9m) | $0 | $0 | $0 | |
| Net Short Term Debt Issuance | — | — | — | — | $5.0m | $15.0m | $8.0m | $3.9m | $3.9m | |
| Repayment Of Debt | — | — | — | — | ($26.0m) | ($18.7m) | ($23.0m) | ($31.0m) | $0 | |
| Short Term Debt Issuance | — | — | — | — | $31.0m | $28.8m | $31.0m | $34.9m | $34.9m | |
| Short Term Debt Payments | — | — | — | — | ($26.0m) | ($13.8m) | ($23.0m) | ($31.0m) | ($31.0m) | |
| Proceeds from sale of common stock | — | — | — | — | $244k | $0 | — | — | — | |
| Repurchases of common stock | $0 | $0 | ($2.5m) | ($1.9m) | ($11.3m) | ($11.1m) | ($4.1m) | ($798k) | — | |
| Common Stock Issuance | — | — | — | — | — | $0 | $0 | $34.9m | $34.9m | |
| Issuance Of Capital Stock | — | — | — | — | — | $0 | $0 | $34.9m | $34.9m | |
| Dividend paid | — | — | — | — | — | $0 | ($45.0m) | $0 | — | |
| Payments of preferred stock dividends | ($2.0m) | ($1.3m) | $0 | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | $0 | ($45.0m) | $0 | $0 | |
| Net Other Financing Charges | — | — | — | — | $49.2m | $12.9m | ($10.2m) | ($5.4m) | ($5.4m) | |
| Net cash provided by (used in) financing activities | $1.4m |
($35.1m)
-2696.82%
|
$12.3m
+135.03%
|
($23.7m)
-293.25%
|
$28.9m
+221.83%
|
$23.0m
-20.53%
|
($47.1m)
-304.90%
|
$33.5m
+171.02%
|
$33.5m
0.00%
|
|
| Net increase (decrease) in cash | $1.2m | ($1.6m) | $29.4m | ($21.1m) | $10.7m | $4.3m | ($3.2m) | ($7.4m) | — | |
| Cash, beginning of year | — | $7.0m | $5.4m | $35.4m | $14.3m | $13.7m | $10.5m | $3.1m | — | |
| Beginning Cash Position | — | — | — | — | $9.7m | $9.4m | $13.7m | $10.5m | $10.5m | |
| Restricted cash | — | — | — | $648k | $625k | $606k | $0 | — | — | |
| Effect of exchange rate changes | — | — | — | — | $542k | ($426k) | ($3.5m) | $120k | $120k | |
| Effect of exchange rate changes on cash and cash equivalents | $1.8m | ($101k) | $1.4m | ($367k) | $2.6m | $1.0m | ($100k) | $65k | $120k | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Foreign exchange (gain) loss | — | — | — | — | — | ($42k) | ($16k) | $6k | — | |
| Interest receivable | — | — | — | — | — | ($5.2m) | ($2.9m) | — | — | |
| Other non-current assets | — | — | — | — | — | ($815k) | $791k | $5.0m | — | |
| Contract assets | $0 | $16.2m | $1.4m | ($28.7m) | ($5.2m) | $3.1m | $4.0m | $15.5m | — | |
| Advances from customers | — | — | — | — | — | ($369k) | $122k | $18k | — | |
| Lease liabilities | — | — | — | ($7.5m) | ($8.7m) | ($610k) | ($625k) | ($471k) | — | |
| Other non-current liabilities | — | — | — | — | — | $370k | ($40k) | ($300k) | — | |
| Income tax payable | — | — | — | — | ($43k) | ($3.1m) | $2.6m | $724k | — | |
| Loans provided to third-party suppliers | — | — | — | — | — | ($27.0m) | ($25.0m) | — | — | |
| Repayment from loan provided to third-party suppliers | — | — | — | — | — | $103.7m | $60.1m | — | — | |
| Loan provided to the controlling shareholder | — | — | — | — | — | ($134.2m) | — | — | — | |
| Repayment from loan provided to the controlling shareholder | — | — | — | — | — | $14.2m | — | — | — | |
| Proceeds from initial public offering | — | — | — | — | — | — | — | $34.9m | — | |
| Loan received from the bank | — | — | — | — | — | $28.8m | $31.0m | $34.9m | — | |
| Repayment of bank loan | — | — | — | — | — | ($13.8m) | ($23.0m) | ($31.0m) | — | |
| Amount received from controlling shareholder | — | — | — | — | — | $19.4m | $12.0m | $8.4m | — | |
| Amount repaid to the controlling shareholder | — | — | — | — | — | ($1.3m) | ($17.6m) | ($4.9m) | — | |
| Repayment of long-term loan to a third-party customer | — | — | — | — | — | ($4.9m) | — | — | — | |
| Payment of deferred issuance cost | — | — | — | — | — | ($5.2m) | ($4.6m) | ($8.9m) | — | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | — | — | — | — | — | $247k | — | $209k | — | |
| Settlement of the balance due from and due to the controlling shareholder | — | — | — | — | — | — | $123.3m | — | — | |
| Income tax paid | $4.1m | $4.4m | $3.9m | $6.5m | $16.5m | $8.5m | $4.8m | $6.5m | $6.5m | |
| Interest paid | $2.9m | $2.8m | $2.6m | $2.0m | $2.6m | $1.1m | $1.2m | $1.2m | $1.2m | |
| Change in fair value of contingent consideration | ($1.2m) | ($1.2m) | $1.8m | $4.3m | $767k | ($646k) | ($450k) | ($2.5m) | — | |
| Change in fair value of interest rate swap contracts | — | — | — | — | — | ($383k) | $1.2m | $1.0m | — | |
| Income tax receivable | ($1.7m) | $1.6m | ($266k) | $3.6m | ($885k) | ($3.7m) | ($3.5m) | $359k | — | |
| Operating lease right-of-use assets | — | — | — | $7.6m | $8.8m | $10.9m | $11.3m | $11.3m | — | |
| Operating partner commissions payable | $3.5m | ($472k) | ($3.8m) | $5.9m | $3.7m | ($371k) | ($5.2m) | ($2.8m) | — | |
| Payment of contingent consideration | ($2.9m) | ($626k) | ($280k) | $0 | ($1.4m) | ($2.5m) | ($3.5m) | $0 | — | |
| Proceeds from revolving credit facility | — | $859.2m | $586.3m | $6.4m | $116.1m | $67.5m | $0 | $45.2m | — | |
| Repayments of revolving credit facility | — | ($866.9m) | ($570.1m) | ($21.4m) | ($68.6m) | ($130.0m) | $0 | ($25.2m) | — | |
| Repayments of notes payable and finance lease liabilities | ($3.4m) | ($3.7m) | ($4.3m) | ($4.7m) | ($5.1m) | ($5.0m) | ($4.8m) | ($917k) | — | |
| Distributions to non-controlling interest | ($156k) | ($930k) | ($1.3m) | ($1.0m) | ($1.1m) | ($600k) | ($591k) | ($225k) | — | |
| Proceeds from exercise of stock options | — | $0 | $625k | $1.4m | $407k | $343k | $7k | $1.2m | — | |
| Payments of employee tax withholdings related to restricted stock units and stock options | ($390k) | ($277k) | ($510k) | ($503k) | ($531k) | ($476k) | ($371k) | ($565k) | — | |
| Income taxes paid | $4.1m | $4.4m | $3.9m | $6.5m | $16.5m | $13.6m | $7.0m | $6.6m | — | |
| Cash and cash equivalents | $5.8m | $7.0m | — | $13.7m | $24.4m | $32.5m | $24.9m | — | $10.5m | |
| Payments of contingent consideration | ($413k) | ($164k) | ($47k) | ($2.0m) | ($1.1m) | — | — | — | — | |
| Proceeds from notes payable | $0 | $0 | $5.9m | $0 | — | — | — | — | — | |
| Transition, lease termination, and other costs | — | ($11k) | $500k | — | — | — | — | — | — | |
| Change in allowance for doubtful accounts | $104k | $184k | $102k | — | — | — | — | — | — | |
| Payments to acquire intangible assets | ($425k) | ($262k) | $0 | — | — | — | — | — | — | |
| Payment for preferred stock redemption | $0 | ($21.0m) | $0 | — | — | — | — | — | — | |
| transition and lease termination costs | $176k | ($11k) | $500k | — | — | — | — | — | — | |
| deferred rent liability | $138k | ($119k) | — | — | — | — | — | — | — | |
| transition and lease termination liability | ($917k) | ($1.1m) | — | — | — | — | — | — | — | |
| Proceeds from (repayments to) credit facility, net | $7.9m | ($7.8m) | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | $54.2m | $23.0m | ($47.1m) | $33.5m | $33.5m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | ($81.7m) | ($56.8m) | $34.9m | ($298k) | ($298k) | |
| Change In Account Payable | — | — | — | — | $10k | $26.8m | ($2.2m) | ($8.1m) | ($8.1m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | ($314k) | $4.3m | ($3.2m) | ($7.4m) | — | |
| Change In Other Working Capital | — | — | — | — | $277k | ($369k) | $122k | $18k | $18k | |
| Change In Payable | — | — | — | — | ($32k) | $23.7m | $411k | ($7.3m) | ($8.1m) | |
| Change In Prepaid Assets | — | — | — | — | ($1.1m) | $2.7m | ($489k) | ($69.2m) | ($69.2m) | |
| Change In Tax Payable | — | — | — | — | ($43k) | ($3.1m) | $2.6m | $724k | $724k | |
| Changes In Cash | — | — | — | — | ($856k) | $4.7m | $297k | ($7.5m) | ($7.5m) | |
| End Cash Position | — | — | — | — | $9.4m | $13.7m | $10.5m | $3.1m | $3.1m | |
| Financing Cash Flow | — | — | — | — | $54.2m |
$23.0m
-57.55%
|
($47.1m)
-304.90%
|
$33.5m
+171.02%
|
$33.5m
0.00%
|
|
| Free Cash Flow | — | — | — | — | $17.8m | $25.0m | $12.3m | ($41.0m) | ($41.0m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | $0 | ($280) | $6k | $6k | |
| Investing Cash Flow | — | — | — | — | ($81.7m) | ($56.8m) | $34.9m | ($298k) | ($298k) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | ($261k) | ($42k) | ($16k) | $6k | $6k | |
| Net PPE Purchase And Sale | — | — | — | — | ($8.8m) | ($13.5m) | ($210k) | ($298k) | ($298k) | |
| Operating Gains Losses | — | — | — | — | ($261k) | ($42k) | ($17k) | $12k | $12k | |
| Other Non Cash Items | — | — | — | ($700k) | ($2.6m) | — | — | — | — | |
| Purchase Of PPE | — | — | — | — | ($8.8m) | ($13.5m) | ($243k) | ($298k) | ($298k) | |
| Sale Of PPE | — | — | — | — | — | $0 | $33k | $0 | $0 | |
| Stock Based Compensation | — | — | — | — | — | $0 | $0 | $27.0m | $27.0m |