← Cannae Holdings, Inc.
| 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 | ($12.4m) |
$108.8m
+977.42%
|
$27.6m
-74.63%
|
$77.3m
+180.07%
|
$1.8b
+2210.74%
|
($287.0m)
-116.07%
|
($428.1m)
-49.16%
|
($313.4m)
+26.79%
|
($304.6m)
+2.81%
|
($513.2m)
-68.48%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($11.9m) | $92.5m | ($10.6m) | $46.8m | $1.8b | ($286.4m) | ($429.6m) | ($324.1m) | ($310.1m) | ($524.9m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $500k | ($16.3m) | ($38.2m) | ($30.5m) | ($26.4m) | $600k | ($1.5m) | ($10.7m) | ($5.5m) | ($11.7m) | — | |
| Depreciation, Depletion and Amortization | $62.9m | $58.1m | $61.3m | $54.5m | $30.7m | $26.4m | $22.8m | $19.0m | $13.3m | $11.9m | $26.3m | |
| Amortization of Intangible Assets | $3.4m | $7.4m | $22.8m | $4.9m | $4.0m | $4.1m | $3.5m | $2.7m | $2.1m | $2.0m | — | |
| Depreciation | $41.4m | $41.9m | $38.5m | $35.8m | $26.7m | $22.5m | $19.3m | $16.3m | $11.2m | $9.9m | $24.3m | |
| Deferred Income Tax Expense (Benefit) | ($16.6m) | $11.6m | ($11.3m) | ($40.5m) | $365.1m | ($175.5m) | ($155.6m) | ($58.8m) | $7.9m | $66.4m | — | |
| Share-based Payment Arrangement, Noncash Expense | $1.2m | $500k | $21.8m | $4.6m | $4.2m | $2.4m | $1.5m | $3.5m | $19.0m | $18.7m | $17.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $200k | $800k | $800k | $200k | $0 | $200k | $3.6m | $1.6m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $9.0m | — | — | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $9.3m | $4.9m | $182.7m | $354.1m | $2.4b | ($309.2m) | ($183.9m) | ($130.9m) | ($154.9m) | ($81.7m) | — | |
| Goodwill, Impairment Loss | $0 | $0 | $26.7m | $10.4m | $7.8m | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $2.9m | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | $24.6m | $300k | $8.8m | — | |
| Income (Loss) from Equity Method Investments | ($29.5m) | $3.4m | ($16.1m) | ($115.1m) | $59.1m | $72.6m | ($183.9m) | ($194.0m) | ($46.6m) | ($223.5m) | — | |
| Nonoperating Income (Expense) | $7.4m | $3.2m | $168.4m | $355.5m | $2.4b | ($299.5m) | ($191.0m) | ($88.2m) | ($160.2m) | ($70.9m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $4.2m | $1.2m | $7.3m | ($18.2m) | $1.6m | — | — | — | — | — | — | |
| Accrued capital expenditures | $49.6m | $39.0m | $15.6m | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Other Operating Assets | — | — | — | — | — | — | — | $9.5m | ($3.1m) | $600k | — | |
| Net Cash Provided by (Used in) Operating Activities | $60.3m |
($90.7m)
-250.41%
|
($22.9m)
+74.75%
|
($84.2m)
-267.69%
|
($113.9m)
-35.27%
|
($176.1m)
-54.61%
|
($205.1m)
-16.47%
|
($87.8m)
+57.19%
|
($90.1m)
-2.62%
|
($18.1m)
+79.91%
|
($48.4m)
-167.40%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $49.6m | $39.0m | $15.6m | $28.3m | $22.3m | $13.7m | $14.3m | $10.0m | $7.0m | $10.4m | ($10.3m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $75.8m | $222.7m | $0 | $0 | — | — | — | — | — | — | ($122.9m) | |
| Payments for (Proceeds from) Other Investing Activities | $700k | ($1.4m) | ($100k) | ($3.0m) | ($100k) | ($2.6m) | $0 | $0 | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($168.2m) | $91.7m | $186.7m | ($24.2m) | ($74.2m) | ($272.4m) | $521.2m | $53.1m | $298.3m | $518.1m | $523.3m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $44.7m | $35.8m | $124.1m | $290.8m | $108.8m | $236.4m | $225.2m | $58.4m | $28.9m | $142.7m | — | |
| Proceeds from Issuance of Long-term Debt | $76.7m | $84.4m | $33.9m | $367.3m | $45.2m | $206.6m | $308.6m | $65.7m | $103.7m | $44.9m | $0 | |
| Payments for Repurchase of Common Stock | — | — | — | $4.9m | $14.4m | $160.2m | $229.5m | $113.2m | $231.4m | $319.7m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | — | — | — | — | $22.4m | $30.5m | ($29.8m) | |
| Payments of Dividends | — | — | — | — | — | — | — | — | $22.4m | $30.5m | ($29.8m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | — | $100k | — | |
| Net Cash Provided by (Used in) Financing Activities | ($20.8m) |
$98.2m
+572.12%
|
($86.4m)
-187.98%
|
$319.1m
+469.33%
|
$379.1m
+18.80%
|
($190.4m)
-150.22%
|
($154.2m)
+19.01%
|
($106.8m)
+30.74%
|
($182.9m)
-71.25%
|
($449.5m)
-145.76%
|
($465.4m)
-3.54%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($128.7m) | $99.2m | $77.4m | $210.7m | $191.0m | ($638.9m) | $161.9m | ($141.5m) | $25.3m | $50.5m | $135.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $247.7m | $106.2m | $131.5m | $182.0m | $135.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($700k) | ($400k) | $3.3m | $15.6m | $5.5m | $7.0m | $9.6m | $13.6m | $6.3m | $6.0m | — | |
| Income Taxes Paid, Net | $4.0m | $117.7m | $200k | $48.6m | $107.6m | $128.9m | $100.0m | $4.6m | $900k | ($28.4m) | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | $2.0b | ($52.8m) | ($340.2m) | $22.2m | $23.1m | ($29.6m) | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $1.6b | ($20.5m) | ($208.0m) | $16.3m | $23.3m | $5.1m | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | $410.2m | $32.3m | ($132.2m) | $5.9m | ($200k) | ($34.7m) | — | |
| Gain (Loss) on Disposition of Business | $0 | $276.0m | $0 | ($6.4m) | $0 | — | — | — | — | — | — | |
| Gain (Loss) on Termination of Lease | ($6.9m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $103.1m | $202.7m | $164.8m | $66.1m | $53.4m | $53.4m | $53.4m | $53.4m | $53.4m | $53.4m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($14.3m) | ($38.7m) | $27.6m | $127.6m | $1.8b | ($287.0m) | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($13.9m) | ($55.2m) | ($10.6m) | $98.6m | $1.8b | ($286.4m) | ($429.6m) | ($324.1m) | — | ($427.0m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $2.0m | $147.7m | $0 | ($51.8m) | $0 | $0 | — | $18.3m | $22.3m | ($97.9m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $1.9m | $147.5m | $0 | ($50.3m) | $0 | $0 | — | $18.3m | $22.3m | $97.9m | — | |
| Income Tax Expense (Benefit) | ($10.4m) | ($16.6m) | $13.1m | $24.2m | $481.2m | ($74.0m) | ($89.9m) | ($77.0m) | ($400k) | $13.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $11.6m | $11.9m | — | |
| Operating Expenses | $1.2b | $1.2b | $1.4b | — | — | — | — | — | — | — | — | |
| Proceeds from Contributions from Parent | $0 | $100.0m | $0 | $0 | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | $4.1m | $0 | $3.7m | $0 | $0 | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.