← COMTECH TELECOMMUNICATIONS CORP /DE/
| 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 | ($7.7m) |
$15.8m
+304.54%
|
$29.8m
+88.09%
|
$25.0m
-15.88%
|
$7.0m
-71.97%
|
($73.5m)
-1146.72%
|
($33.1m)
+55.02%
|
($26.9m)
+18.62%
|
($100.0m)
-271.71%
|
($155.3m)
-55.33%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | ($43.3m) |
($33.9m)
+21.64%
|
($135.4m)
-299.46%
|
($204.3m)
-50.81%
|
— | |
| Depreciation and amortization | — | — | — | — | $10.6m | $9.4m | $10.3m | $11.9m | $12.2m | $11.8m | $32.2m | |
| Amortization of Debt Issuance Costs | $795k | $2.0m | $2.2m | $1.1m | $737k | $736k | $811k | $1.9m | $4.0m | $5.0m | — | |
| Amortization of Intangible Assets | $13.4m | $22.8m | $21.1m | $18.3m | $21.6m | $21.0m | $21.4m | $21.4m | $21.2m | $21.7m | — | |
| Depreciation | $9.8m | $14.4m | $13.7m | $11.9m | $10.4m | $9.3m | $10.3m | $11.9m | $12.2m | $11.8m | $12.5m | |
| Deferred Income Tax Expense (Benefit) | ($3.2m) | $9.1m | ($6.4m) | $4.3m | $860k | ($3.3m) | ($5.9m) | ($6.1m) | ($3.0m) | ($1.7m) | ($507k) | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $1.1m | $5.0m | $5.3m | $2.8m | $6.1m | $2.9m | $3.8m | $1.2m | — | |
| Share-based Payment Arrangement, Expense | $4.1m | $8.5m | $8.6m | $11.4m | $9.3m | $10.0m | $7.8m | $10.1m | $6.1m | $3.1m | $3.3m | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $9.9m | $9.9m | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | $1.2m | $1.2m | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | $139k | $703k | ($1.2m) | ($678k) | ($155k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($5.8m) | ($25.5m) | $24.6m | ($6.3m) | ($20.9m) | $31.2m | ($33.6m) | $39.7m | $38.3m | ($33.1m) | $24.7m | |
| Increase (Decrease) in Inventories | ($8.3m) | ($7.8m) | $20.1m | $3.8m | $9.1m | $2.3m | $20.4m | $14.9m | $7.8m | ($7.7m) | $12.3m | |
| Inventory Write-down | $2.8m | $2.9m | $5.6m | $6.0m | $1.6m | $4.4m | $4.4m | $4.9m | $2.8m | $16.2m | — | |
| Increase (Decrease) in Accounts Payable | ($1.3m) | ($4.5m) | $13.7m | ($21.3m) | ($2.2m) | $11.0m | $6.8m | $20.4m | ($18.9m) | ($15.2m) | ($4.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $15.0m |
$66.7m
+345.26%
|
$50.3m
-24.47%
|
$68.0m
+35.13%
|
$52.8m
-22.44%
|
($40.6m)
-177.02%
|
$2.0m
+104.91%
|
($4.4m)
-321.98%
|
($54.5m)
-1129.30%
|
($8.3m)
+84.78%
|
$30.5m
+467.84%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.7m | $8.2m | $8.6m | $8.8m | $7.2m | $16.0m | $19.6m | $18.3m | $13.1m | $8.6m | ($15.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $21k | $126k | ($79k) | ($144k) | $0 | ($215k) | $310k | ($48k) | ($889k) | ($310k) | ($32.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $280.5m | $0 | $0 | $25.9m | — | — | — | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($286.2m) | ($8.2m) | ($8.6m) | ($44.7m) | ($20.2m) | ($15.5m) | ($19.6m) | ($18.3m) | $20.1m | ($8.6m) | ($15.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | $1.9m | $48.8m | $56.7m | ($37.4m) | |
| Payments for Repurchase of Common Stock | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $19.4m | $18.9m | $9.5m | $9.8m | $10.0m | $10.3m | $11.0m | $8.7m | $268k | $158k | ($33k) | |
| Dividends Payable, Current | $7.0m | $2.3m | $2.4m | $2.4m | $2.5m | $2.6m | $2.7m | $0 | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $187.1m |
($83.5m)
-144.61%
|
($40.1m)
+52.00%
|
($21.3m)
+46.90%
|
($30.3m)
-42.34%
|
$39.1m
+229.15%
|
$8.4m
-78.48%
|
$20.1m
+138.28%
|
$47.8m
+138.52%
|
$24.4m
-48.89%
|
($15.3m)
-162.57%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($84.1m) | ($25.0m) | $1.6m | $2.1m | $2.3m | ($17.0m) | ($9.2m) | ($2.7m) | $13.5m | $7.6m | $28.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $47.9m | $30.9m | $21.7m | $19.0m | $32.4m | $40.0m | $28.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $7.7m | $5.5m | $6.0m | $4.1m | $11.9m | $18.1m | $27.7m | — | |
| Income Taxes Paid, Net | $3.7m | ($758k) | $1.1m | $2.0m | $2.9m | ($1.4m) | $2.9m | $361k | $4.9m | $1.9m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | ($1.2m) | $0 | — | |
| Goodwill | $287.6m | $290.6m | $290.6m | $310.5m | $330.5m | $347.7m | $347.7m | $347.7m | $284.2m | $204.6m | $0 | |
| Income Tax Expense (Benefit) | ($454k) | $9.7m | ($5.1m) | $3.9m | $2.3m | ($1.5m) | ($4.0m) | ($3.9m) | ($295k) | ($80k) | — | |
| Investment Income, Interest | $134k | $68k | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | $171.8m | $181.1m | $188.9m | $206.0m | $211.7m | $282.3m | $213.6m | $199.1m | $237.1m | $267.0m | — | |
| Proceeds from Stock Options Exercised | $0 | $0 | $326k | $216k | $468k | $0 | $0 | — | — | — | — |