← Tecnoglass 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 | $23.2m |
$5.4m
-76.49%
|
$9.0m
+65.74%
|
$24.5m
+171.68%
|
$24.2m
-1.32%
|
$68.4m
+182.64%
|
$155.7m
+127.60%
|
$182.9m
+17.43%
|
$161.3m
-11.80%
|
$159.6m
-1.08%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | $68.2m | — | — | — | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $5.7m | $8.5m | $24.3m | $24.2m | $68.4m | $156.4m | $183.5m | $161.3m | $159.6m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $276k | ($545k) | ($266k) | ($25k) | $277k | $669k | $628k | — | — | — | |
| Depreciation and amortization | $15.5m | $21.0m | $23.2m | $22.7m | $20.6m | $20.9m | $19.7m | $21.9m | $26.5m | $36.8m | $41.7m | |
| Amortization of Deferred Charges | — | $1.2m | $1.5m | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $825k | $3.5m | $4.3m | $2.7m | $2.2m | $2.3m | $1.4m | $1.2m | $1.4m | $2.7m | — | |
| Depreciation | $14.5m | $17.5m | $18.8m | $18.4m | $17.1m | $17.3m | $16.5m | $18.5m | $22.2m | $30.7m | $41.7m | |
| Deferred Income Tax Expense (Benefit) | — | ($6.1m) | ($3.3m) | $2.7m | ($6.6m) | $4.4m | $5.5m | $8.3m | ($1.9m) | $7.6m | $10.6m | |
| Share-based Payment Arrangement, Noncash Expense | — | $284k | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | $596k | $1.4m | $4.2m | $6.7m | $5.0m | $5.4m | $2.5m | — | |
| Nonoperating Income (Expense) | $4.2m | $3.2m | $2.9m | $1.6m | $12k | $600k | $4.2m | $5.1m | $5.9m | $3.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $26.0m | ($2.5m) | $23.7m | $19.6m | ($4.6m) | $38.5m | $54.2m | $780k | $44.4m | $25.3m | ($37.3m) | |
| Increase (Decrease) in Inventories | $4.3m | $16.4m | $28.1m | ($8.4m) | $2.1m | $16.7m | $63.9m | $522k | $2.9m | $45.1m | ($56.9m) | |
| Inventory Write-down | ($84k) | — | — | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | $1.6m | $13.1m | $34.6m | — | — | — | — | — | — | — | $17.7m | |
| Other Operating Income (Expense), Net | — | — | $47.2m | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $2.3m |
$1.8m
-19.65%
|
($5.0m)
-377.19%
|
$26.7m
+631.48%
|
$71.4m
+167.15%
|
$117.3m
+64.14%
|
$141.9m
+21.04%
|
$138.8m
-2.18%
|
$170.5m
+22.84%
|
$135.8m
-20.39%
|
$82.1m
-39.52%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $22.9m | $7.0m | $13.1m | $25.0m | $18.3m | $51.5m | $71.3m | $78.0m | $79.6m | $101.3m | ($91.0m) | |
| Payments to Acquire Investments | $27.0m | $600k | $1.2m | $1.7m | $218k | $63k | $1.3m | $339k | $429k | $677k | ($1.2m) | |
| Unrealized Gain (Loss) on Investments | $33k | — | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | $6.8m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($24.7m) | ($14.9m) | ($18.7m) | ($59.2m) | ($18.1m) | ($50.8m) | ($72.6m) | ($76.0m) | ($77.3m) | ($87.6m) | ($89.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | ($3.1m) | — | — | — | ($10.7m) | — | — | — | ($1.4m) | — | |
| Dividends paid | $741k | $2.5m | $2.7m | $5.2m | $3.8m | $5.2m | $12.9m | $16.4m | $19.7m | $28.1m | ($27.4m) | |
| Dividends Payable, Current | $3.5m | $585k | $736k | $67k | $1.4m | $3.1m | $3.6m | $4.3m | $7.1m | $6.7m | — | |
| Net Cash Provided by (Used in) Financing Activities | $31.5m |
$14.8m
-53.20%
|
$17.0m
+15.34%
|
$47.3m
+177.64%
|
($33.5m)
-170.94%
|
($43.8m)
-30.57%
|
($44.8m)
-2.31%
|
($42.8m)
+4.54%
|
($84.5m)
-97.69%
|
($85.5m)
-1.16%
|
($52.4m)
+38.79%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $14.8m | $19.0m | $17.3m | $18.7m | $25.8m | $5.4m | ($34.0m) | $77.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $15.8m | $18.2m | $19.7m | $19.2m | $15.5m | $6.4m | $11.6m | $10.0m | $6.6m | — | |
| Income Taxes Paid, Net | $25.8m | $17.8m | $8.4m | $12.3m | $10.9m | $15.3m | $27.2m | $107.2m | $86.6m | $76.1m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | $21k | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.4m) | ($3.0m) | ($14.5m) | ($973k) | ($8.6m) | ($4.3m) | $2.0m | $686k | ($5.7m) | $3.8m | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | — | — | ($7.9m) | ($14.2m) | ($15.4m) | $25.9m | ($12.0m) | $22.5m | — | |
| Gain (Loss) on Disposition of Assets | $477k | ($17k) | ($33k) | — | — | — | — | — | — | $4.1m | — | |
| General and Administrative Expense | $27.8m | $31.0m | $33.6m | $35.1m | $34.2m | $35.8m | $54.1m | $63.1m | $71.7m | $90.9m | — | |
| Goodwill | $1.3m | $23.1m | $23.6m | $23.6m | $23.6m | $23.6m | $23.6m | $23.6m | $23.6m | $30.1m | — | |
| Income Tax Expense (Benefit) | $16.1m | $5.8m | $6.0m | $12.9m | $13.0m | $28.5m | $74.8m | $77.9m | $63.8m | $75.7m | — | |
| Operating Expenses | $64.8m | $64.8m | $73.0m | $77.0m | $73.1m | $85.6m | $123.1m | $131.2m | $153.0m | $196.3m | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | — | $1.0m | — | |
| Proceeds from Stock Options Exercised | $404k | — | — | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | $776k | — | — | $509k | $159k | ($159k) | $9.2m | — | — | — | — |