← Alto Ingredients, 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 | $1.4m | ($35.0m) | ($60.3m) | ($88.9m) | ($15.1m) | $46.1m | ($41.6m) | ($28.0m) | ($59.0m) | $13.3m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $148k | ($36.2m) | ($61.5m) | ($90.2m) | ($16.4m) | $44.2m | ($42.9m) | ($29.3m) | ($60.3m) | $12.1m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.5m | ($38.1m) | ($67.9m) | ($101.3m) | ($17.3m) | $46.1m | ($41.6m) | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | ($600k) | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($7.7m) | ($12.3m) | ($2.2m) | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $35.4m | $38.7m | $40.8m | $47.9m | $30.3m | $23.3m | $25.1m | $23.1m | $24.4m | $25.2m | |
| Amortization of Deferred Charges | — | — | — | — | $1.4m | — | — | $1.0m | — | — | |
| Amortization of Debt Issuance Costs | $137k | $503k | $900k | $511k | $1.4m | $778k | $177k | ($714k) | — | — | |
| Amortization of Debt Issuance Costs and Discounts | $137k | $503k | $900k | $511k | ($230k) | ($230k) | $126k | $801k | $804k | $801k | |
| Amortization of Intangible Assets | $0 | — | — | — | — | — | — | $588k | $588k | $410k | |
| Depreciation | $35.4m | $38.7m | $40.8m | $40.9m | $30.3m | $23.3m | $25.1m | $22.5m | $23.8m | $24.6m | |
| Deferred Income Tax Expense (Benefit) | ($1.1m) | $169k | $27k | $2k | ($17k) | — | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $2.6m | $3.8m | $3.4m | $2.8m | $2.7m | $2.9m | $3.3m | $3.9m | $4.4m | $3.0m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $2.7m | $2.9m | — | $3.9m | $4.4m | $3.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $6.0m | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $0 | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | $4.6m | ($2.2m) | ($293k) | $830k | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | ($4.6m) | ($2.2m) | $293k | ($830k) | — | |
| Gain (Loss) on Extinguishment of Debt | $0 | — | — | ($6.5m) | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | — | — | — | $1.6m | $4.6m | $2.2m | $293k | ($830k) | — | |
| Income Tax Expense (Benefit) | ($981k) | ($321k) | ($562k) | ($20k) | ($17k) | $1.5m | $1.9m | $97k | $173k | ($621k) | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $10.8m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | $862k | $553k | — | $1.9m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $25.2m | ($17.6m) | ($12.7m) | $6.7m | ($30.6m) | $43.6m | ($24.0m) | ($9.5m) | ($562k) | ($3.3m) | |
| Increase (Decrease) in Inventories | ($750k) | ($5.1m) | ($4.1m) | $2.8m | ($19.1m) | — | $15.5m | ($11.8m) | ($4.5m) | $12.6m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | $3.6m | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $1.1m | $3.6m | — | — | — | — | — | — | — | — | |
| Goodwill | — | — | — | — | — | — | $6.0m | — | — | — | |
| Inventory Write-down | $0 | $2.7m | ($350k) | — | ($257k) | — | $4.6m | $2.2m | $2.0m | $1.0m | |
| Proceeds from Contributed Capital | $16.5m | — | — | — | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.5b | $1.4b | $897.0m | $1.2b | $100.0m | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | $555k | $14.8m | $21.6m | $19.3m | — | $11.0m | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | ($8.0m) | $11.0m | $8.1m | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $1.4m | — | ($3.5m) | ($4.6m) | $2.1m | $32.6m | — | — | — | — | |
| Other Operating Income (Expense), Net | ($1k) | ($345k) | $171k | $104k | $750k | $1.2m | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $40.4m | $36.5m | $1.6m | ($23.4m) | $71.8m | $26.8m | $6.0m | $22.0m | ($3.5m) | $13.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $19.2m | $20.9m | $15.2m | $3.3m | $6.6m | $16.4m | $37.7m | $29.5m | $11.1m | $4.6m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $29.6m | — | — | — | — | $14.7m | — | — | $7.3m | |
| Net Cash Provided by (Used in) Investing Activities | ($14.6m) | ($50.4m) | ($15.2m) | ($3.3m) | $23.3m | $27.1m | ($37.7m) | ($33.0m) | ($13.5m) | ($7.4m) | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | — | $5.0m | |
| Proceeds from Issuance of Common Stock | — | — | $2.1m | $3.7m | $75.8m | $462k | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $1.3m | $3.7m | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | $30.0m | — | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | $2.1m | $5.6m | ($415k) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($9.9m) | ($839k) | ($9.3m) | $19.0m | ($66.4m) | ($40.0m) | $19.0m | $7.0m | $7.7m | ($16.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $28.7m | $13.9m | ($12.6m) | ($4.0m) | ($9.3m) | ($10.5m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $62.1m | $49.5m | $45.5m | $36.2m | $25.7m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $11.2m | $11.1m | $15.1m | $18.8m | $17.5m | $3.5m | $2.2m | $7.9m | $8.3m | $9.0m | |
| Income Taxes Paid, Net | $4.8m | $5.6m | $743k | — | $641k | ($448k) | $2.3m | $324k | $627k | $15k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.