← TRANSCAT INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $4.5m |
$5.9m
+30.96%
|
$7.1m
+20.65%
|
$8.1m
+12.90%
|
$7.8m
-3.42%
|
$11.4m
+46.07%
|
$10.7m
-6.08%
|
$13.6m
+27.69%
|
$14.5m
+6.36%
|
$5.4m
-62.96%
|
$3.4m
-35.90%
|
|
| Depreciation and Amortization | $6.2m | $6.0m | $6.4m | $6.7m | $7.6m | $9.6m | $11.0m | $13.5m | $18.6m | $26.2m | $27.5m | |
| Amortization of Deferred Financing Costs | — | — | — | — | — | — | — | $0 | $0 | $104k | — | |
| Deferred Income Taxes | $63k | $765k | $741k | $575k | $176k | $559k | ($186k) | ($1.6m) | ($5k) | $827k | $805k | |
| Stock-Based Compensation Expense | $453k | $1.4m | $1.3m | $884k | $1.5m | $2.3m | $3.4m | $4.5m | $3.2m | $7.5m | $8.4m | |
| Provision for Accounts Receivable and Inventory Reserves | — | — | — | — | $636k | $34k | $74k | $406k | $336k | $471k | — | |
| Accounts Receivable and Other Receivables | ($4.7m) | ($3.0m) | ($2.4m) | ($3.3m) | ($1.8m) | ($3.4m) | ($5.2m) | ($1.3m) | ($1.3m) | ($6.6m) | ($6.6m) | |
| Inventory | ($3.4m) | ($1.7m) | ($1.1m) | $875k | $2.7m | ($122k) | ($3.4m) | $2.3m | $4.4m | $839k | $2.0m | |
| Balance Sheet Reclassification of Inventory to Property and Equipment | ($4k) | $133k | $8k | $460k | $136k | $109k | $10k | $230k | $443k | $741k | — | |
| Balance Sheet Reclassification of Property and Equipment, net to Inventory | ($4k) | $133k | $8k | $460k | $136k | $1.0m | $752k | $1.1m | $1.5m | $877k | — | |
| Accounts Payable | $3.1m | $1.9m | $963k | ($2.8m) | $329k | $1.9m | $1.6m | ($5.0m) | $4.9m | $965k | $6.1m | |
| Accrued Compensation and Other Current Liabilities | — | — | — | $307k | $4.9m | ($1.1m) | ($2.2m) | $3.4m | ($914k) | $924k | — | |
| Prepaid Expenses and Other Current Assets | ($224k) | ($259k) | ($39k) | ($467k) | ($725k) | ($3.0m) | $1.1m | ($299k) | ($992k) | ($2.2m) | — | |
| Net Cash Provided by Operating Activities | $7.5m |
$9.9m
+30.89%
|
$12.6m
+27.21%
|
$11.6m
-7.96%
|
$23.6m
+104.47%
|
$17.6m
-25.47%
|
$17.0m
-3.79%
|
$32.6m
+92.41%
|
$39.0m
+19.53%
|
$34.9m
-10.61%
|
$40.0m
+14.91%
|
|
| Net (Gain) Loss on Disposal of Property and Equipment | ($4k) | $133k | $8k | $460k | $136k | $88k | $88k | $53k | ($31k) | $232k | — | |
| Purchase of Property and Equipment | ($5.2m) | ($5.9m) | ($7.0m) | ($6.6m) | ($6.6m) | ($10.2m) | ($9.4m) | ($13.3m) | ($13.2m) | ($15.3m) | ($14.7m) | |
| Sales/(Purchases) of Marketable Securities | — | — | — | — | — | — | — | ($15.5m) | $15.5m | $0 | — | |
| Business Acquisitions, net of cash acquired | ($7.0m) | — | ($3.6m) | ($13.0m) | ($3.6m) | ($29.8m) | ($9.1m) | ($12.9m) | ($87.4m) | ($82.5m) | — | |
| Common stock issued for acquisitions | — | — | — | — | $0 | $2.4m | $145k | $34.8m | $45.4m | $0 | — | |
| Net Cash Used in Investing Activities | ($12.2m) | ($5.9m) | ($10.9m) | ($20.2m) | ($10.2m) | ($39.9m) | ($18.5m) | ($41.7m) | ($84.0m) | ($97.8m) | ($110.0m) | |
| Issuance of Common Stock, net of direct costs | — | — | — | — | — | $1.5m | $658k | $77.3m | $1.9m | $842k | $1.7m | |
| Repurchase of Common Stock | ($98k) | ($360k) | ($145k) | ($2.8m) | ($3.0m) | ($6.7m) | ($447k) | ($4.9m) | ($3.6m) | ($469k) | — | |
| Net Cash Provided by Financing Activities | $4.8m |
($4.0m)
-183.47%
|
($1.7m)
+57.09%
|
$8.2m
+582.85%
|
($12.7m)
-253.45%
|
$23.7m
+287.23%
|
$876k
-96.30%
|
$27.4m
+3027.74%
|
$26.9m
-1.96%
|
$66.5m
+147.57%
|
$74.3m
+11.69%
|
|
| Net (Decrease) Increase in Cash and Cash Equivalents | — | — | $211k | ($289k) | $61k | $836k | $135k | $18.1m | ($18.1m) | $3.4m | — | |
| Cash and Cash Equivalents at Beginning of Fiscal Year | — | — | — | — | $560k | $1.4m | $1.5m | $19.6m | $1.5m | $4.9m | — | |
| Effect of Exchange Rate Changes on Cash | — | — | — | — | ($772k) | ($625k) | $821k | ($228k) | $24k | ($103k) | $542k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Noncash Lease Expense | — | — | — | — | — | — | — | $765k | $3.4m | $6.0m | — | |
| Gain on Sale of Assets | — | — | — | — | — | — | — | $0 | ($855k) | $0 | — | |
| Lease Liabilities | — | — | — | — | — | — | — | ($470k) | ($3.2m) | ($5.8m) | — | |
| Income Taxes Payable | $815k | ($789k) | $47k | ($100k) | $332k | ($653k) | $0 | $2.9m | ($2.9m) | $0 | — | |
| Proceeds from Sale of Assets | — | — | — | — | — | — | — | $0 | $1.1m | $0 | — | |
| Proceeds From Revolving Credit Facility, net of lender fees | ($452k) | ($9.9m) | ($2.3m) | $11.2m | ($8.8m) | $31.0m | $2.8m | ($42.7m) | $30.9m | $156.7m | — | |
| Repayment of Revolving Credit Facility | — | — | — | — | — | — | — | ($100.8m) | ($37.7m) | ($88.1m) | — | |
| Repayments of Term Loan | ($1.3m) | ($1.7m) | ($2.1m) | ($1.9m) | ($2.0m) | ($2.1m) | ($2.1m) | ($2.2m) | ($2.3m) | ($1.8m) | — | |
| Payments of Deferred Financing Costs | — | — | — | — | — | — | — | $0 | $0 | ($365k) | — | |
| Principal Payments on Finance Leases | — | — | — | — | — | — | — | $0 | $0 | ($280k) | — | |
| Interest, net | — | — | — | — | — | — | — | $1.2m | ($151k) | $4.2m | — | |
| Income Taxes, net | $1.8m | $2.1m | $1.3m | $1.4m | $1.8m | $3.9m | $1.1m | $3.1m | $7.8m | $2.2m | — |