← Alarm.com Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $10.2m | $29.3m | $21.5m | $53.5m | — | — | — | — | — | — | |
| Net Income (Loss) Available to Common Stockholders, Basic | $10.1m | $29.2m | $21.5m | — | $77.9m | $52.3m | $56.3m | $81.0m | $124.1m | $132.6m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | $53.3m | $76.7m | $51.2m | $55.6m | $80.3m | $122.5m | $131.6m | |
| Depreciation and amortization | $6.5m | $17.7m | $21.7m | $22.1m | $27.5m | $29.7m | $30.9m | $31.4m | $29.1m | $30.8m | |
| Amortization of Debt Issuance Costs | $103k | $97k | $108k | $108k | $108k | $15.8m | $3.1m | $3.1m | $4.8m | $6.0m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | — | — | — | $3.1m | $4.8m | $6.0m | |
| Amortization of Intangible Assets | $1.8m | $12.3m | $15.2m | $14.2m | $16.6m | $17.1m | $18.4m | $19.3m | $18.6m | $19.4m | |
| Capitalized Computer Software, Amortization | $400k | $400k | $800k | $1.9m | $2.4m | $2.0m | $600k | $0 | $0 | — | |
| Depreciation | $4.7m | $5.4m | $5.7m | $5.9m | $8.3m | $10.4m | $11.6m | $11.2m | $10.3m | $11.2m | |
| Deferred Income Tax Expense (Benefit) | ($4.8m) | $2.5m | ($11.5m) | $2.6m | ($3.3m) | ($10.1m) | ($55.0m) | ($47.7m) | ($34.5m) | $30.0m | |
| Share-based Payment Arrangement, Noncash Expense | $4.0m | $7.4m | $13.4m | $20.6m | $29.2m | $38.7m | $52.7m | $47.3m | $41.2m | $33.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $4.5m | $0 | $2.6m | $3.4m | $0 | |
| Share-based Payment Arrangement, Expense | $4.0m | $7.4m | $13.4m | $20.6m | $29.2m | $38.7m | $52.7m | $47.3m | $41.2m | $33.2m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | $86k | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($185k) | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | ($828k) | ($1.4m) | $0 | $0 | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($81k) | ($120k) | $0 | $0 | — | — | — | — | — | $2.6m | |
| Income Tax Expense (Benefit) | $4.2m | $3.0m | ($9.8m) | $5.6m | $3.5m | ($5.1m) | $962k | $17.5m | $19.3m | $37.6m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $11.4m | $17.3m | |
| Other Nonoperating Income (Expense) | $513k | $1.1m | $2.4m | $6.5m | $25.6m | ($134k) | ($59k) | $4.6m | ($2.7m) | $4.6m | |
| Changes in operating assets and liabilities: | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $11.2m | $1.9m | $9.3m | $22.3m | $10.1m | $23.9m | $24.3m | $10.5m | ($271k) | $15.7m | |
| Increase (Decrease) in Inventories | $4.1m | $3.3m | $8.8m | $6.5m | $10.6m | $31.4m | $40.3m | ($21.0m) | ($8.6m) | $5.6m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $648k | $453k | $149k | $1.2m | $2.2m | ($775k) | $1.2m | $1.5m | $950k | $2.2m | |
| Proceeds from Stock Options Exercised | — | $2.6m | $5.2m | $2.5m | $10.2m | $4.2m | $2.5m | $2.0m | $8.3m | $2.7m | |
| Purchases of property and equipment, accrued but unpaid | $9.1m | $10.5m | $11.0m | $19.3m | $16.1m | $11.1m | $28.6m | $7.5m | $10.1m | $16.3m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | — | — | ($100k) | $4.7m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | $140k | $0 | $127k | $7.7m | |
| General and Administrative Expense | $57.9m | $55.4m | $95.8m | $70.0m | $78.6m | $87.4m | $106.7m | $112.9m | $108.9m | $110.4m | |
| Goodwill | $24.7m | $63.6m | $63.6m | $105.0m | $112.8m | $112.9m | $148.2m | $154.5m | $154.2m | $225.0m | |
| Inventory Write-down | — | — | — | — | $1.5m | $448k | $0 | $1.4m | $0 | — | |
| Operating Expenses | $147.7m | $189.4m | $262.6m | $268.4m | $334.3m | $381.5m | $448.9m | $489.7m | $505.1m | $535.3m | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | ($359k) | ($9k) | ($78k) | $3k | $4.0m | $748k | |
| Net Cash Provided by (Used in) Operating Activities | $17.5m | $57.2m | $60.7m | $47.1m | $102.1m | $103.2m | $56.9m | $136.0m | $206.4m | $153.3m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $9.1m | $10.5m | $11.0m | $19.3m | $16.1m | $11.1m | $28.6m | $7.5m | $10.1m | $16.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $154.3m | $0 | $58.8m | $26.3m | $0 | $31.7m | $9.7m | $0 | $112.9m | |
| Payments to Acquire Investments | — | — | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($11.4m) | ($168.8m) | ($13.4m) | ($73.4m) | ($20.3m) | ($20.4m) | ($68.3m) | ($26.0m) | ($24.7m) | ($358.5m) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | $0 | — | — | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $11k | $9k | $1k | $0 | $5.1m | $0 | $78.8m | $27.3m | $75.0m | $41.6m | |
| Payments of Ordinary Dividends, Common Stock | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $6.2m | $67.3m | $2.4m | ($130k) | $52.0m | $374.4m | ($76.3m) | ($31.9m) | $346.4m | ($55.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | $66k | ($109k) | ($167k) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($26.4m) | $133.8m | $457.2m | ($87.7m) | $78.2m | $528.1m | ($260.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $119.6m | $253.5m | $710.6m | $622.9m | $701.1m | $1.2b | $968.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $2.7m | $2.7m | $2.4m | $114k | $0 | $192k | $5.7m | $11.2m | |
| Income Taxes Paid, Net | $6.0m | $1.8m | ($2.1m) | $2.3m | $7.4m | $4.1m | $7.5m | $64.6m | $68.2m | $45.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.