← Turning Point Brands, 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 | $26.9m |
$20.2m
-24.91%
|
$25.3m
+25.14%
|
$13.8m
-45.53%
|
$33.0m
+139.88%
|
$52.1m
+57.56%
|
$11.6m
-77.64%
|
$38.5m
+230.40%
|
$39.8m
+3.50%
|
$58.2m
+46.11%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $19.7m | $25.3m | $13.8m | — | $51.3m | $11.2m | $37.8m | $40.5m | $68.2m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($556k) | $0 | $0 | — | ($797k) | ($484k) | ($681k) | $701k | $10.0m | — | |
| Depreciation, Depletion and Amortization | $1.3m | $2.3m | $3.1m | $4.1m | $5.0m | $5.0m | $5.3m | $6.4m | — | — | $8.3m | |
| Amortization of Debt Issuance Costs | $1.4m | $1.0m | $951k | — | — | $2.5m | $2.6m | $2.4m | $2.4m | $1.7m | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | $4.4m | $9.0m | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $58k | $702k | $1.0m | $1.5m | $1.8m | $1.9m | $1.9m | $3.1m | $1.2m | $1.2m | — | |
| Depreciation | $1.2m | $1.6m | $2.1m | $2.6m | $3.2m | $3.1m | $3.4m | — | — | — | $7.1m | |
| Deferred Income Tax Expense (Benefit) | ($12.7m) | $5.2m | $2.6m | ($4.2m) | $2.8m | ($1.5m) | ($6.5m) | $7.0m | $519k | $8.9m | $5.8m | |
| Share-based Payment Arrangement, Noncash Expense | $100k | $720k | $1.4m | $3.6m | $2.6m | $7.6m | $5.3m | $6.6m | $7.2m | $7.0m | $9.3m | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | $0 | $0 | $0 | $0 | $27.6m | $0 | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $25.6m | $0 | — | — | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | $2.0m | $0 | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | $301k | $149k | $0 | $0 | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $2.3m | ($75k) | ($1.2m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($2.1m) | $1.1m | ($824k) | $3.5m | $2.1m | ($3.3m) | $2.1m | $1.6m | ($185k) | $16.1m | $7.1m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $430k | $0 | $0 | — | — | — | — | — | $23k | $140k | $7.1m | |
| Increase (Decrease) in Inventories | $12.5m | ($495k) | $20.6m | ($21.0m) | $7.7m | $9k | $32.7m | ($21.0m) | $4.8m | $11.6m | ($28.7m) | |
| Increase (Decrease) in Accounts Payable | $3.6m | ($5.7m) | $2.5m | $6.6m | ($5.1m) | ($2.4m) | $1.2m | ($14k) | $3.7m | $8.6m | $8.0m | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | $4.3m | $1.7m | $0 | — | |
| Net Cash Provided by (Used in) Operating Activities | $9.1m |
$29.7m
+225.26%
|
$13.1m
-55.91%
|
$37.8m
+188.73%
|
$43.7m
+15.57%
|
$68.2m
+56.18%
|
$30.3m
-55.62%
|
$66.9m
+120.93%
|
$67.1m
+0.27%
|
$57.4m
-14.45%
|
$32.2m
-43.86%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.2m | $2.0m | $2.3m | $4.8m | $6.1m | $6.2m | $7.7m | $5.7m | $4.6m | $13.5m | ($12.6m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $0 | ($150k) | $0 | ($7k) | ($123k) | $54k | $9k | ($90k) | ($75k) | ($106k) | ($3.9m) | |
| Gain (Loss) on Investments | — | $438k | — | — | — | — | $13.6m | $12.2m | ($2.7m) | $484k | $757k | |
| Gain (Loss) on Sale of Investments | — | — | — | $2.0m | $0 | ($7.1m) | ($13.6m) | ($12.2m) | $14k | $0 | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | — | $10.9m | $13.8m | ($27.9m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $23.6m | ($268k) | $19.2m | $7.7m | $39.4m | $16.4m | $0 | $0 | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($26.8m) | ($1.9m) | ($24.7m) | $15.9m | ($64.8m) | ($58.8m) | ($18.8m) | ($5.9m) | ($10.5m) | ($31.7m) | ($34.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($2.8m) | ($6.1m) | ($2.4m) | ($1.3m) | $0 | $2.2m | $885k | $1.7m | $0 | ($1.2m) | — | |
| Proceeds from Issuance of Long-term Debt | $0 | — | — | — | — | — | — | — | — | — | $0 | |
| Payments for Repurchase of Common Stock | $0 | — | — | — | $10.2m | $38.7m | $29.2m | $0 | $5.1m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | — | $768k | $2.3m | $3.5m | $3.8m | $4.1m | $4.2m | $4.5m | $4.9m | $5.5m | ($6.1m) | |
| Proceeds from Issuance of Common Stock | $55.7m | $0 | $0 | — | — | — | — | — | — | $97.5m | $157.0m | |
| Payments of Dividends | — | $768k | $2.3m | $3.5m | $3.8m | $4.1m | $4.2m | $4.5m | $4.9m | $5.5m | ($6.1m) | |
| Dividends Payable, Current | — | — | $915k | $962k | $1.1m | $1.3m | $1.4m | $1.5m | — | — | — | |
| Dividends Payable | — | — | — | — | — | — | — | — | $1.6m | $1.4m | — | |
| Net Cash Provided by (Used in) Financing Activities | $15.7m |
($28.0m)
-278.06%
|
$9.9m
+135.44%
|
$68.0m
+584.45%
|
($29.3m)
-143.17%
|
$57.1m
+294.50%
|
($43.3m)
-175.88%
|
($49.5m)
-14.32%
|
($128.3m)
-159.13%
|
$148.3m
+215.58%
|
$160.7m
+8.39%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($31.0m) | $558k | ($1.6m) | $121.7m | ($50.5m) | $66.4m | ($31.8m) | $11.5m | ($71.7m) | $174.0m | $270.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $5.7m | $127.3m | $76.8m | $143.5m | $111.3m | $122.8m | — | — | $270.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $169k | $1.4m | $833k | $738k | $862k | $2.1m | $504k | $450k | $2.8m | $7.6m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $34.6m | $15.8m | $14.2m | $11.8m | $11.5m | $12.5m | $18.7m | $18.0m | $17.5m | $20.5m | — | |
| Income Taxes Paid, Net | $623k | $1.8m | $3.2m | $11.3m | $3.4m | $16.1m | $13.4m | $12.4m | $21.0m | $10.4m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $134.4m | $134.6m | $145.9m | $154.3m | $159.6m | $162.3m | $136.3m | $136.2m | $135.9m | $136.1m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $19.9m | $285k | $48.0m | $68.2m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $19.9m | $285k | ($7.5m) | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $19.9m | $285k | ($7.5m) | $0 | — | |
| Income Tax Expense (Benefit) | ($12.0m) | $7.3m | $6.3m | $2.0m | $10.0m | $14.0m | $4.8m | $23.9m | $16.9m | $15.0m | — | |
| Insured Event, Gain (Loss) | — | — | — | — | — | — | — | $15.2m | — | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $18.5m | $25.4m | — | |
| Investment Income, Interest | $768k | $438k | $424k | $2.6m | $198k | — | — | — | $4.5m | $7.9m | — | |
| Payments for Repurchase of Warrants | $5.5m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Payments of Financing Costs | $450k | $4.8m | $3.3m | $7.1m | $194k | $6.9m | $0 | $2.4m | $133k | $7.3m | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | — | $1.2m | $0 | $0 | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | — | $11.0m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | $255k | $54k | $0 | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $332.7m | $362.0m | $405.1m | $445.5m | $415.0m | $405.4m | $360.7m | $463.1m | — | |
| Stock or Unit Option Plan Expense | $117k | $400k | $700k | $1.7m | $1.2m | $2.3m | $1.1m | $700k | — | — | — |