← V2X, 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 | $23.7m |
$59.5m
+151.52%
|
$35.3m
-40.68%
|
$34.7m
-1.64%
|
$37.0m
+6.44%
|
$45.7m
+23.75%
|
($14.3m)
-131.34%
|
($22.6m)
-57.52%
|
$34.7m
+253.65%
|
$77.9m
+124.55%
|
— | |
| Amortization of Debt Issuance Costs | $1.2m | $1.5m | $426k | $404k | $386k | $912k | $7.8m | $9.1m | $7.4m | $6.2m | — | |
| Amortization of Intangible Assets | $0 | $0 | $2.0m | $3.1m | $4.0m | $10.0m | $48.6m | $90.4m | $90.8m | $90.6m | — | |
| Depreciation | $1.9m | $1.7m | $1.8m | $3.4m | $4.1m | $6.5m | $13.5m | $22.4m | $20.7m | $17.0m | $16.9m | |
| Amortization Cash Flow | — | — | — | — | — | — | $49.2m | $90.9m | $94.1m | $95.5m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $49.2m | $90.9m | $94.1m | $95.5m | $96.3m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $62.6m | $113.3m | $114.9m | $112.5m | $113.2m | |
| Deferred Income Tax Expense (Benefit) | ($2.3m) | ($35.8m) | $483k | ($6.8m) | ($10.6m) | ($5.8m) | $2.2m | ($7.0m) | $8.2m | $9.3m | $18.8m | |
| Deferred Income Tax | — | — | — | — | — | — | ($15.6m) | ($7.5m) | $7.7m | $9.3m | $18.8m | |
| Deferred Tax | — | — | — | — | — | — | ($15.6m) | ($7.5m) | $7.7m | $9.3m | $18.8m | |
| Share-based Payment Arrangement, Noncash Expense | $4.6m | $4.5m | $4.1m | $8.3m | $9.4m | $8.3m | $32.7m | $32.8m | $16.0m | $11.9m | $14.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $987k | $1.3m | $880k | $1.1m | $2.0m | $2.3m | $2.0m | $18.0m | $8.1m | $3.1m | — | |
| Share-based Payment Arrangement, Expense | $4.6m | $4.5m | $4.1m | $8.3m | $9.4m | $8.3m | $32.7m | $32.8m | $16.0m | $11.9m | $14.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $0 | $2.2m | $0 | $0 | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | $1.9m | $2.8m | $4.0m | $9.9m | $8.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $22.2m | $40.3m | $70.1m | ($35.4m) | ($102.2m) | |
| Change In Receivables | — | — | — | — | — | — | ($52.3m) | $19.1m | $25.2m | ($23.5m) | ($92.5m) | |
| Increase (Decrease) in Inventories | — | — | — | — | — | — | — | $311k | $4.0m | — | ($4.0m) | |
| Change In Inventory | — | — | — | — | — | ($5.2m) | ($3.6m) | ($311k) | ($4.0m) | — | ($4.0m) | |
| Increase (Decrease) in Accounts Payable | ($3.8m) | ($4.3m) | $30.0m | ($11.7m) | ($2.7m) | $57.0m | $71.8m | $43.2m | $75.3m | $5.5m | $111.7m | |
| Change In Other Current Assets | — | — | — | — | — | — | $14.4m | $11.3m | ($42.3m) | $9.3m | ($11.7m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($51.0m) | ($23.3m) | $2.8m | ($35.8m) | ($94.0m) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | ($4.2m) | ($10.5m) | ($10.9m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $36.6m |
$35.4m
-3.30%
|
$40.1m
+13.12%
|
$27.6m
-31.20%
|
$64.1m
+132.54%
|
$61.3m
-4.28%
|
$93.5m
+52.42%
|
$188.0m
+101.05%
|
$254.2m
+35.26%
|
$182.0m
-28.42%
|
$140.6m
-22.76%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($405k) | $0 | ($348k) | ($62k) | $14k | ($65k) | ($59k) | ($683k) | ($1.4m) | $3.0m | ($1.6m) | |
| Capital Expenditure | — | — | — | — | — | — | ($12.4m) | ($25.0m) | ($11.8m) | ($11.9m) | ($10.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | $36.9m | $45.1m | $133.6m | ($262k) | ($193.7m) | $0 | $16.9m | $27.5m | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $9k | $16k | $76k | $9.8m | $155k | |
| Net Cash Provided by (Used in) Investing Activities | ($52k) | ($2.3m) | ($46.8m) | ($55.8m) | ($138.0m) | ($12.6m) | $176.0m | ($22.6m) | ($28.6m) | ($29.6m) | ($27.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $29.0m | $86.0m | $4.0m | $4.5m | $6.5m | $8.6m | $108.4m | $432.6m | $15.3m | $15.0m | ($392.1m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $0 | $0 | ($22.3m) | ($2.0m) | ($2.5m) | — | |
| Proceeds from Issuance of Long-term Debt | $0 | $80.0m | $0 | $0 | — | $0 | $0 | $250.0m | $0 | $0 | $343.5m | |
| Issuance Of Debt | — | — | — | — | — | — | $392.0m | $1.2b | $1.3b | $662.5m | $343.5m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $392.0m | $1.2b | $1.3b | $662.5m | $343.5m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($581.3m) | ($1.4b) | ($1.3b) | ($677.5m) | ($392.1m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($189.3m) | ($182.6m) | ($15.3m) | ($15.0m) | ($48.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($189.3m) | ($182.6m) | ($15.3m) | ($15.0m) | ($48.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($581.3m) | ($1.4b) | ($1.3b) | ($677.5m) | ($392.1m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $30.0m | — | |
| Common Stock Payments | — | — | — | — | — | — | — | $0 | $0 | ($30.0m) | ($30.0m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | — | $0 | $0 | ($30.0m) | ($30.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | — | $0 | $0 | ($30.0m) | ($30.0m) | |
| Dividends Received CFI | — | — | — | — | — | — | $0 | $1.0m | $0 | $0 | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | ($4.3m) | ($28.5m) | ($9.3m) | ($7.0m) | ($6.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($28.1m) |
($7.1m)
+74.59%
|
($3.3m)
+53.93%
|
($1.9m)
+42.28%
|
$105.8m
+5678.80%
|
($75.6m)
-171.46%
|
($193.2m)
-155.65%
|
($211.0m)
-9.20%
|
($24.5m)
+88.39%
|
($51.5m)
-110.13%
|
($84.6m)
-64.41%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($848k) | $3.9m | ($1.2m) | ($30.8m) | $33.4m | ($30.2m) | $77.6m | ($43.4m) | $195.7m | $100.7m | $218.5m | |
| Beginning Cash Position | — | — | — | — | — | — | $38.5m | $116.1m | $72.7m | $268.3m | $190.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $29.8m | ($11.3m) | $35.3m | $68.7m | $38.5m | $116.1m | $72.7m | $268.3m | $369.0m | $218.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($848k) | $3.9m | ($1.2m) | ($663k) | $1.6m | ($3.3m) | $1.3m | $2.3m | ($5.4m) | ($255k) | ($4.2m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $1.3m | $2.3m | ($5.4m) | ($255k) | ($4.2m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $5.3m | $5.9m | $5.0m | $6.2m | $3.7m | $5.8m | $54.3m | $117.5m | $107.6m | $78.3m | — | |
| Income Taxes Paid, Net | $26.1m | $4.8m | $11.6m | $4.5m | $14.5m | $9.7m | $13.4m | $8.4m | $8.8m | $9.6m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), Realized | ($200k) | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | $0 | $0 | $2.1m | $450k | $0 | $0 | — | |
| Goodwill | $216.9m | $216.9m | $233.6m | $262.0m | $339.7m | $321.7m | $1.7b | $1.7b | $1.7b | $1.7b | $0 | |
| Income Tax Expense (Benefit) | $13.5m | ($22.9m) | $8.0m | $10.4m | $1.7m | $8.3m | $8.2m | ($1.9m) | $4.2m | $23.0m | — | |
| Proceeds from Contributions from Affiliates | $0 | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $2.1m | $2.0m | $1.6m | $3.7m | $59k | $379k | $408k | $34k | $154k | $557k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($193.2m) | ($211.0m) | ($24.5m) | ($51.5m) | ($84.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $176.0m | ($22.6m) | ($28.6m) | ($29.6m) | ($27.9m) | |
| Change In Account Payable | — | — | — | — | — | — | $71.8m | $43.2m | $75.3m | $5.5m | $111.7m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $77.6m | ($43.4m) | $195.7m | $100.7m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $42.9m | ($9.9m) | $9.1m | $9.1m | ($15.8m) | |
| Change In Payable | — | — | — | — | — | — | $71.8m | $43.2m | $75.3m | $5.5m | $111.7m | |
| Change In Prepaid Assets | — | — | — | — | — | ($5.2m) | ($4.0m) | — | — | — | — | |
| Changes In Cash | — | — | — | — | — | — | $76.2m | ($45.7m) | $201.1m | $100.9m | $28.1m | |
| End Cash Position | — | — | — | — | — | — | $116.1m | $72.7m | $268.3m | $369.0m | $218.5m | |
| Financing Cash Flow | — | — | — | — | — | — | ($193.2m) |
($211.0m)
-9.20%
|
($24.5m)
+88.39%
|
($51.5m)
-110.13%
|
($84.6m)
-64.41%
|
|
| Free Cash Flow | — | — | — | — | — | — | $81.1m | $162.9m | $242.4m | $170.1m | $130.4m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($2.1m) | ($450k) | ($2.2m) | $0 | $0 | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $59k | $683k | $1.4m | ($3.0m) | ($3.3m) | |
| Investing Cash Flow | — | — | — | — | — | — | $176.0m | ($22.6m) | ($28.6m) | ($29.6m) | ($27.9m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $188.4m | $1.3m | ($16.9m) | ($27.5m) | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($12.4m) | ($25.0m) | ($11.8m) | ($11.9m) | ($10.1m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($2.0m) | $22.5m | $1.3m | ($497k) | ($1.6m) | |
| Other Non Cash Items | — | — | — | — | — | — | $7.8m | $9.1m | $7.4m | $6.2m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $408k | $34k | $154k | $557k | $622k | |
| Purchase Of Business | — | — | — | — | — | — | ($5.3m) | $0 | ($16.9m) | ($27.5m) | $0 | |
| Purchase Of PPE | $741k | $2.3m | $10.0m | $16.2m | $4.5m | $9.8m | ($12.4m) | ($25.0m) | ($11.8m) | ($11.9m) | ($10.1m) | |
| Sale Of Business | — | — | — | — | — | — | $193.7m | $1.3m | $0 | $0 | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $32.7m | $32.8m | $16.0m | $11.9m | $14.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.