Credo Technology Group Holding Ltd

Annual Trend FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($22.2m) ($16.5m) ($28.4m) $52.2m $472.3m
Net Income (Loss) Available to Common Stockholders, Basic ($22.2m) ($16.5m) ($28.4m) $52.2m $472.3m
Depreciation, Depletion and Amortization $4.8m $9.5m $13.8m $21.9m $34.6m
Amortization of Intangible Assets $0 $0 $400k
Deferred Income Tax Expense (Benefit) ($1.5m) ($2.1m) $4.1m $423k ($3.1m)
Share-based Payment Arrangement, Noncash Expense $9.2m $23.5m $39.0m $77.4m $182.6m
Payment, Tax Withholding, Share-based Payment Arrangement $2.2m $9.3m $19.2m
Share-based Payment Arrangement, Expense $9.2m $23.5m $39.0m $77.4m $182.6m
Income Tax Expense (Benefit) ($37k) ($1.4m) $5.6m $2.7m $3.2m
Other Nonoperating Income (Expense) ($245k) $3.3m $14.3m $17.7m $30.4m
Changes in operating assets and liabilities:
Non-cash transactions:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $15.9m $20.0m $10.1m $102.5m $70.8m
Increase (Decrease) in Inventories $21.7m $24.4m ($15.8m) $70.5m $174.0m
Increase (Decrease) in Accounts Payable $4.7m ($3.8m) $8.8m $41.9m $48.8m
Goodwill $92.8m
Inventory Write-down $1.4m $5.7m $4.4m $8.0m $15.1m
Operating Expenses $86.0m $127.4m $156.5m $245.8m $463.3m
Proceeds from Stock Options Exercised $2.7m $5.5m $7.1m $7.8m
Net Cash Provided by (Used in) Operating Activities ($30.8m) ($24.6m) $32.7m $65.1m $464.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $17.6m $21.7m $15.7m $36.1m $57.3m
Property, plant and equipment acquisitions funded by liabilities $17.6m $21.7m $15.7m $36.1m $57.3m
Payments to Acquire Businesses, Net of Cash Acquired $112.9m
Net Cash Provided by (Used in) Investing Activities ($17.6m) ($130.9m) ($249.5m) $112.0m ($253.5m)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $0 $0
Net Cash Provided by (Used in) Financing Activities $204.2m $4.9m $175.3m ($7.7m) $717.6m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($204k) ($68k) ($169k) $41k $231k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $155.6m ($150.7m) ($41.6m) $169.4m $928.6m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $259.3m $108.6m $66.9m $236.3m $1.2b
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net ($427k) ($1.2m) ($1.1m) $1.4m $2.5m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.