← AstroNova, Inc.

	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Net Income (Loss)	$4.2m	$3.3m	$5.7m	$1.8m	$1.3m	$6.4m	$2.7m	$4.7m	($14.5m)	($2.4m)
Depreciation and Amortization	$2.4m	$4.0m	$6.2m	$6.3m	$6.0m	$4.0m	$3.9m	$4.3m	$4.8m	$4.8m
Grant Income Charged to Depreciation	—	—	—	—	—	—	$0	$0	$159k	$330k
Amortization of Debt Issuance Costs	—	$34k	$51k	$49k	$75k	$44k	$25k	$23k	$30k	$43k
Deferred Income Tax Provision (Benefit)	$174k	$744k	($1.6m)	($1.6m)	($1.0m)	$210k	($1.3m)	($78k)	$9k	($1.3m)
Goodwill Impairment	—	—	—	—	—	—	$0	$0	$13.4m	$297k
Share-Based Compensation	$1.0m	$1.6m	$1.9m	$1.8m	$1.8m	$1.5m	$1.3m	$1.3m	$1.4m	$2.3m
Gain on Extinguishment of Debt	—	—	—	—	—	($4.5m)	$0	$0	—	—
Operating Lease Obtained in Exchange for Operating Lease Liabilities	—	—	—	—	—	—	$0	$0	$1.6m	$1.1m
Restructuring Cost	—	—	—	—	—	—	$0	$2.0m	$0	—
Loss on Disposal of Fixed Assets	—	—	—	—	—	—	—	—	—	$115k
Accounts Receivable	($416k)	($4.7m)	($1.5m)	$3.6m	$2.7m	$77k	($1.2m)	($1.5m)	$2.9m	$2.8m
Inventories	($4.7m)	($5.5m)	($2.9m)	($3.9m)	$4.2m	($4.9m)	($11.6m)	$2.9m	$1.6m	$5.9m
Income Taxes Payable	$2.2m	($801k)	($151k)	($1.8m)	$1.5m	($2.0m)	$1.7m	($343k)	($904k)	$663k
Accounts Payable and Accrued Expenses	$1.4m	$5.2m	($4.0m)	($2.7m)	($57k)	$4.1m	($3.2m)	($46k)	($2.4m)	($1.1m)
Deferred Revenue	—	—	—	—	—	—	$0	$0	($1.5m)	($420k)
Other	$982k	($92k)	($318k)	($156k)	($970k)	($1.1m)	$1.7m	($973k)	($94k)	($286k)
Proceeds from Sale of Equipment	$474k	—	—	—	—	—	—	—	—	$113k
Cash Paid for Acquisitions, net of cash acquired	—	—	—	—	—	—	($17.0m)	$0	($19.1m)	—
Net Cash Proceeds from Employee Stock Option Plans	$79k	$539k	$1.1m	$313k	$9k	$60k	$85k	$105k	$13k	—
Net Cash Proceeds from Share Purchases under Employee Stock Purchase Plan	—	—	$82k	$128k	$95k	$96k	$70k	$107k	$146k	$51k
Net (Repayments)/Borrowings under Revolving Credit Facility	—	—	$1.5m	$5.0m	($6.5m)	—	$15.9m	($7.0m)	$11.5m	($5.2m)
Payment of Minimum Guarantee Royalty Obligation	—	—	($1.6m)	($1.9m)	($2.0m)	($2.0m)	($2.0m)	($1.7m)	($1.9m)	($1.2m)
Interest	—	$246k	$636k	$531k	$677k	$342k	$791k	$2.3m	$2.7m	$3.0m
Income Taxes, net of refunds	($84k)	$1.9m	$3.5m	$2.9m	$446k	$2.4m	$311k	$1.7m	$2.2m	$634k
Financed Equipment Purchase	$1.2m	$2.2m	$2.6m	$2.9m	$2.6m	$1.8m	$0	$822k	$0	$332k
Net Cash Provided by Operating Activities	$7.0m	$3.7m	$3.4m	$3.2m	$15.5m	$1.4m	($2.9m)	$12.4m	$4.8m	$11.7m
Additions to Property, Plant and Equipment	($1.2m)	($2.2m)	($2.6m)	($2.9m)	($2.6m)	($1.8m)	($229k)	($875k)	($1.2m)	($332k)
Net Cash Used by Investing Activities	$3.1m	($20.8m)	($1.5m)	($2.9m)	($2.6m)	($1.8m)	($17.3m)	($875k)	($20.3m)	($219k)
Proceeds from Long-Term Debt Borrowings	—	$24.2m	—	—	$15.2m	$10.0m	$6.0m	$0	$15.1m	$19.7m
Payments of Debt Issuance Costs	—	($234k)	—	—	($100k)	—	($39k)	$0	($35k)	($66k)
Principal Payments on Long-Term Debt	—	($828k)	($4.8m)	($5.2m)	($4.0m)	($750k)	($1.0m)	($2.1m)	($9.0m)	($26.0m)
Net Cash Provided (Used) by Financing Activities	($2.0m)	$9.1m	($4.1m)	($3.7m)	($5.1m)	($5.6m)	$18.8m	($11.0m)	$15.4m	($12.9m)
Effect of Foreign Exchange Rate Changes on Cash and Cash Equivalents	($16k)	$79k	($371k)	$139k	($627k)	($205k)	$114k	$73k	$571k	$360k
Net (Decrease) Increase in Cash and Cash Equivalents	$8.1m	($7.9m)	($2.6m)	($3.3m)	$7.2m	($6.2m)	($1.3m)	$581k	$523k	($978k)
Net Cash Used for Payment of Taxes Related to Vested Restricted Stock	—	—	($233k)	($469k)	($111k)	($386k)	($261k)	($358k)	($450k)	($184k)
Cash and Cash Equivalents, beginning of year	$10.0m	$18.1m	$7.5m	$4.2m	$11.4m	$5.3m	$3.9m	$4.5m	$5.0m	$4.1m