← UFP TECHNOLOGIES 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 | $8.0m |
$9.2m
+15.56%
|
$14.3m
+55.39%
|
$19.8m
+38.01%
|
$13.4m
-32.31%
|
$15.9m
+18.83%
|
$41.8m
+163.06%
|
$44.9m
+7.50%
|
$59.0m
+31.29%
|
$68.3m
+15.82%
|
— | |
| Depreciation, Depletion and Amortization | $5.6m | $5.6m | $7.8m | $8.2m | $8.3m | $8.4m | $11.9m | $11.4m | $14.7m | $19.1m | $19.7m | |
| Amortization of Intangible Assets | $318k | $318k | $1.2m | $1.3m | $1.3m | $1.3m | $4.4m | $4.4m | $6.7m | $9.8m | — | |
| Deferred Income Tax Expense (Benefit) | $576k | ($1.0m) | $1.9m | $792k | $136k | ($1.8m) | ($4.5m) | $823k | $1.3m | $5.1m | $7.9m | |
| Share-based Payment Arrangement, Noncash Expense | $1.1m | $1.1m | $1.2m | $1.6m | $1.8m | $2.4m | $3.2m | $4.6m | $6.8m | $8.9m | $10.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $219k | $296k | $144k | $512k | $748k | $923k | $1.7m | $2.6m | $5.0m | $4.1m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | — | $8.9m | $10.3m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | $89k | $119k | — | |
| Nonoperating Income (Expense) | $80k | $166k | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $64k | ($388k) | ($366k) | $26k | $81k | ($117k) | $189k | ($21k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | $327k | ($2.2m) | $7.8m | $16.9m | $9.1m | ($1.2m) | ($5.3m) | ($27.0m) | |
| Increase (Decrease) in Inventories | ($51k) | ($1.3m) | $2.3m | ($1.3m) | $366k | $4.5m | $19.6m | $16.6m | $4.7m | ($3.9m) | ($13.4m) | |
| Increase (Decrease) in Accounts Payable | ($596k) | $93k | $1.1m | ($2.5m) | ($681k) | $102k | $9.1m | $1.6m | ($1.1m) | ($1.1m) | $9.9m | |
| Net Cash Provided by (Used in) Operating Activities | $9.4m |
$17.5m
+85.98%
|
$21.3m
+22.04%
|
$31.2m
+46.48%
|
$25.0m
-19.83%
|
$14.3m
-42.91%
|
$17.7m
+24.14%
|
$41.3m
+132.95%
|
$66.6m
+61.11%
|
$91.9m
+38.01%
|
$71.6m
-22.12%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $7.3m | $10.4m | $5.4m | $5.8m | $4.4m | $5.4m | $13.8m | $10.5m | $9.7m | $38k | ($10.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($2k) | ($7k) | $47k | $0 | ($459k) | $14k | ($6.1m) | $145k | $106k | ($38k) | $6k | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($2k) | ($7k) | $47k | $0 | ($459k) | $14k | $6.1m | ($145k) | ($106k) | ($38k) | $6k | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $77.0m | $0 | $0 | $96.2m | $20.7m | $0 | $197.5m | $14.7m | ($11.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($7.3m) | ($10.4m) | ($82.3m) | ($5.8m) | ($4.3m) | ($101.5m) | $1.3m | ($10.5m) | ($210.2m) | ($27.6m) | ($21.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $1.0m | $856k | $2.9m | $17.1m | $0 | $0 | $4.0m | $4.0m | $35.1m | $12.5m | ($151.6m) | |
| Proceeds from Issuance of Long-term Debt | — | — | $20.0m | $0 | $0 | $40.0m | $0 | $0 | $125.0m | $0 | $105.3m | |
| Net Cash Provided by (Used in) Financing Activities | ($559k) |
($475k)
+15.03%
|
$26.3m
+5630.32%
|
($24.9m)
-194.98%
|
($285k)
+98.86%
|
$74.0m
+26082.11%
|
($25.9m)
-134.97%
|
($30.0m)
-15.95%
|
$152.4m
+607.57%
|
($58.2m)
-138.16%
|
($55.4m)
+4.82%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $20.5m | ($13.1m) | ($6.7m) | $812k | $8.2m | $6.9m | $9.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | $1.3m | $705k | $474k | $162k | $390k | $680k | $233k | $194k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $47k | $1.3m | $664k | $71k | $53k | $2.7m | $3.5m | $7.9m | $9.9m | — | |
| Income Taxes Paid, Net | $3.6m | $3.9m | $3.5m | $1.3m | $2.5m | $5.9m | $13.2m | $10.6m | $12.8m | $3.6m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | $15.7m | $0 | $0 | — | — | |
| Gain (Loss) Related to Litigation Settlement | $2.1m | $121k | $104k | — | — | — | — | — | — | — | — | |
| Goodwill | $7.3m | $7.3m | $51.8m | $51.8m | $51.8m | $107.9m | $113.0m | $113.3m | $189.7m | $197.4m | — | |
| Income Tax Expense (Benefit) | $4.3m | $2.6m | $4.1m | $3.9m | $2.9m | $5.3m | $10.9m | $9.0m | $14.0m | $14.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $9.8m | — | |
| Investment Income, Interest | $149k | $216k | $47k | $0 | $0 | $49k | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | $1.3m | $1.4m | $2.6m | $2.9m | $3.7m | $5.0m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | — | $342k | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $190.5m | $198.4m | $179.4m | $206.3m | $353.8m | $400.1m | $504.4m | — | — |