← Titan Machinery Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | ($13.9m) |
($6.9m)
+50.43%
|
$12.0m
+273.42%
|
$13.7m
+14.62%
|
$19.0m
+38.59%
|
$65.1m
+241.92%
|
$100.6m
+54.56%
|
$110.9m
+10.29%
|
($36.9m)
-133.28%
|
($54.2m)
-46.77%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($14.5m) | ($7.0m) | $12.2m | $14.0m | $19.4m | $66.0m | $101.9m | $112.4m | ($36.9m) | ($54.2m) | — | |
| Depreciation, Depletion and Amortization | $26.9m | $25.1m | $23.6m | $28.1m | $23.7m | $22.1m | $25.2m | $31.5m | $38.6m | $37.6m | $37.7m | |
| Amortization of Intangible Assets | $100k | $100k | $100k | $100k | $100k | $100k | $200k | $700k | $1.9m | $1.8m | — | |
| Capitalized Computer Software, Amortization | — | — | — | $4.7m | — | — | — | — | — | — | — | |
| Depreciation | $26.7m | $25.0m | $23.6m | $26.5m | $21.9m | $22.1m | $25.2m | $31.5m | $38.6m | $37.6m | $37.7m | |
| Depreciation, Nonproduction | — | — | — | — | — | $12.2m | $15.9m | $21.3m | $25.3m | $24.7m | $37.7m | |
| Deferred Income Tax Expense (Benefit) | ($2.8m) | ($8.9m) | $2.5m | ($1.7m) | ($3.5m) | $4.3m | $7.6m | $2.9m | ($15.8m) | $2.6m | $8.0m | |
| Share-based Payment Arrangement, Noncash Expense | $2.1m | $3.4m | $2.5m | $2.7m | $2.5m | $2.6m | $3.2m | $3.1m | $4.3m | $5.6m | $5.3m | |
| Goodwill and Intangible Asset Impairment | $4.4m | $673k | $2.2m | $3.8m | $3.2m | $1.5m | $0 | $0 | $1.8m | $2.3m | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | $1.5m | $0 | $0 | — | $531k | $0 | $2.5m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $2.2m | $3.8m | $858k | $1.1m | $0 | $0 | $1.8m | $2.3m | — | |
| Other Nonoperating Income (Expense) | $1.5m | $1.6m | $2.5m | $3.1m | $527k | $2.4m | $3.9m | $3.3m | ($4.2m) | $4.4m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | $564k | $315k | $1.5m | $718k | $776k | $600k | $23.3m | |
| Increase (Decrease) in Inventories | ($211.8m) | ($20.3m) | ($5.0m) | $99.5m | ($199.2m) | ($5.8m) | $180.9m | $476.4m | ($166.2m) | ($235.7m) | $204.6m | |
| Accrued capital expenditures | $9.3m | $13.5m | $6.3m | $10.7m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $141.0m |
$95.8m
-32.05%
|
$46.6m
-51.36%
|
$955k
-97.95%
|
$173.0m
+18014.76%
|
$158.9m
-8.14%
|
$10.8m
-93.19%
|
($32.3m)
-398.45%
|
$70.3m
+317.75%
|
$137.5m
+95.55%
|
$108.2m
-21.31%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $9.3m | $13.5m | $6.3m | $10.7m | $13.0m | $23.0m | $27.2m | $51.5m | $51.8m | $22.4m | ($16.9m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($7.5m) | $0 | $5.3m | $2.5m | $6.7m | ($4.5m) | $502k | $1.3m | ($6.8m) | ($3.4m) | ($3.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $3.7m | $15.3m | $13.9m | $6.8m | $33.6m | $100.5m | $107.5m | $260k | $19.8m | ($27.9m) | |
| Payments for (Proceeds from) Other Investing Activities | $519k | ($148k) | $131k | ($19k) | $10k | ($26k) | $139k | $597k | ($199k) | ($837k) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($25.8m) | ($36.5m) | ($20.3m) | ($55.2m) | ($134.1m) | ($163.4m) | ($47.7m) | ($22.7m) | ($16.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | $0 | $0 | $3.6m | $0 | — | |
| Repayments of Long-term Debt | $17.2m | $36.8m | $16.1m | $4.5m | — | — | — | — | — | — | ($18.3m) | |
| Proceeds from Issuance of Long-term Debt | $14.0m | $33.0m | $3.3m | $23.4m | $5.3m | $10.3m | $8.4m | $19.6m | $37.3m | $25.3m | $24.0m | |
| Proceeds from (Payments for) Other Financing Activities | ($33k) | $65k | ($656k) | ($509k) | ($909k) | ($1.0m) | ($1.2m) | ($1.1m) | ($853k) | ($760k) | — | |
| Net Cash Provided by (Used in) Financing Activities | — | — | ($16.7m) |
$22.9m
+236.72%
|
($117.9m)
-615.72%
|
($35.3m)
+70.04%
|
$22.0m
+162.15%
|
$188.6m
+758.77%
|
($23.6m)
-112.52%
|
($123.7m)
-423.75%
|
($84.5m)
+31.71%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $3.3m | ($13.0m) | $35.3m | $67.2m | ($102.2m) | ($5.8m) | ($2.2m) | ($7.7m) | $28.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $79.0m | $146.1m | $43.9m | $38.1m | $35.9m | $28.2m | $28.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $3.3m | ($13.0m) | $509k | ($1.2m) | ($946k) | $1.2m | ($1.1m) | $1.2m | $796k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $20.8m | $13.6m | $11.1m | $9.7m | $7.4m | $5.4m | $6.5m | $19.4m | $48.3m | $42.9m | — | |
| Income Taxes Paid, Net | ($13.1m) | ($5.6m) | $3.7m | $3.7m | $2.8m | $22.9m | $26.6m | $39.8m | $6.6m | ($1.8m) | — | |
| Additional Financial Items | ||||||||||||
| Financing Interest Expense | — | — | — | — | — | $1.2m | $1.9m | $13.8m | $34.7m | $24.1m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($282k) | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($700k) | ($1.2m) | $900k | ($400k) | $2.8m | $100k | $1.2m | ($1.0m) | $4.0m | ($3.0m) | — | |
| Goodwill | — | — | $1.2m | $2.3m | $1.4m | $9.0m | $30.6m | $64.1m | $61.2m | $65.6m | $2.5m | |
| Income Tax Expense (Benefit) | ($8.2m) | ($7.4m) | $4.0m | $699k | $11.4m | $20.9m | $33.4m | $38.6m | ($13.1m) | $8.8m | — | |
| Insured Event, Gain (Loss) | $2.0m | $2.0m | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | $211.4m | $203.2m | $201.5m | $225.7m | $220.8m | $241.0m | $301.5m | $362.5m | $389.8m | $385.2m | — | |
| Operating Lease, Expense | — | — | — | $12.2m | $11.5m | $9.9m | — | — | $8.1m | $5.1m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | — | $1.7m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | — | — | — | $2.4b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.