Concrete Pumping Holdings, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net income $28.4m ($9.9m) ($61.0m) ($15.1m) ($28.7m) $31.8m $16.2m $6.4m
Depreciation $17.7m $20.3m $28.3m $28.8m $34.9m $39.8m $42.0m $41.7m
Amortization of deferred financing costs $1.7m $3.7m $4.1m $2.3m $1.9m $1.9m $1.8m $1.7m
Amortization of intangible assets $7.9m $32.4m $33.4m $27.1m $22.5m $18.9m $15.1m $11.8m
Deferred income taxes ($11.1m) ($2.4m) ($1.0m) $2.5m $5.2m $6.1m $5.3m $2.5m
Non-cash operating lease expense $39.6m $22.8m $79.0m $0 $3.9m $5.5m $5.1m $5.3m
Loss on extinguishment of debt $0 $15.5m $0 $0 $1.4m
Net gain on the sale of property, plant and equipment ($2.6m) ($611k) ($1.5m) ($1.2m) ($2.8m) ($2.2m) ($2.3m) ($1.0m)
Foreign currency adjustments $0 $2.1m ($566k) ($1.2m) $0
Stock-based compensation expense $281k $3.6m $11.5m $6.6m $5.0m $3.8m $2.4m $2.0m
Change in fair value of warrant liabilities $261k $9.9m ($9.9m) ($6.9m) ($130k) $0
Other operating activities $18k ($78k) ($272k)
Receivables ($7.5m) ($5.9m) $1.6m ($4.2m) ($15.3m) $328k $7.2m $3.5m
Inventory ($707k) ($466k) $624k ($200k) ($870k) ($1.1m) $600k ($1.2m)
Other operating assets $1.3m $632k ($3.4m)
Accounts payable ($1.8m) ($7.3m) ($796k) $4.0m ($3.0m) ($464k) ($1.7m) ($1.5m)
Other operating liabilities ($1.3m) ($4.0m) ($4.6m)
Proceeds on revolving loan $237.2m $222.2m $285.9m $280.0m $377.4m $318.0m $313.2m $256.2m
Payments on revolving loan ($239.6m) ($198.9m) ($307.5m) ($280.9m) ($326.9m) ($351.2m) ($332.1m) ($256.3m)
Purchase of treasury stock ($231.4m) ($131k) ($330k) ($4.1m) ($10.5m) ($10.2m) ($14.2m)
Beginning of period $6.9m $4k $7.5m $9.3m $7.5m $15.9m $43.0m $44.4m
Net cash provided by operating activities $39.6m $22.8m $79.0m $75.8m $76.7m $96.9m $86.9m $64.3m
Purchases of property, plant and equipment ($31.7m) ($35.7m) ($39.3m) ($62.8m) ($101.9m) ($54.5m) ($43.8m) ($46.8m)
Proceeds from sale of property, plant and equipment $3.2m $3.1m $3.5m $7.0m $10.0m $11.1m $11.7m $9.5m
Net cash used in investing activities ($49.5m) ($375.1m) ($35.9m) ($56.6m) ($124.1m) ($44.2m) ($32.1m) ($37.3m)
Proceeds on long term debt $15.0m $417.0m $0 $375.0m $0 $0 $425.0m
Payment of debt issuance costs ($24.9m) $0 ($8.5m) ($290k) ($550k) ($953k) ($8.2m)
Payments on long term debt ($14.9m) ($20.9m) ($381.2m) $0 $0 ($375.0m)
Dividends paid $0 ($53.1m)
Other financing activities ($14k) ($63k) $1.3m ($274k)
Net cash used in financing activities $13.0m $361.6m ($43.9m) ($16.0m) $46.0m ($44.3m) ($28.8m) ($25.8m)
Effect of foreign currency exchange rate changes on cash $74k ($754k) ($368k) ($42k) $1.2m $90k
Net increase in cash and cash equivalents $1.7m $7.5m ($737k) $2.6m ($1.8m) $8.4m $27.2m $1.4m