← Distribution Solutions Group, 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 | ($1.6m) | $29.7m | $6.2m | $7.2m | $15.1m | $9.4m | $7.4m | ($9.0m) | ($7.3m) | $8.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($1.6m) | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $8.1m | $6.8m | $6.9m | $5.9m | $6.7m | $8.3m | $45.2m | $63.6m | $74.4m | $80.9m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | $1.3m | $1.9m | $2.4m | $2.9m | $3.2m | |
| Amortization of Intangible Assets | — | $400k | $900k | $1.3m | $1.7m | $2.5m | $29.1m | $40.3m | $47.5m | $46.5m | |
| Capitalized Computer Software, Amortization | — | — | — | — | $600k | $800k | — | — | $3.3m | $4.2m | |
| Depreciation | $4.7m | $4.7m | $4.8m | $3.9m | $4.4m | $5.0m | $45.2m | $63.6m | $74.4m | $80.9m | |
| Deferred Income Tax Expense (Benefit) | $31k | ($21.2m) | $227k | $2.0m | ($184k) | ($2.4m) | ($2.4m) | ($8.0m) | ($6.6m) | ($4.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $2.5m | $3.1m | $7.5m | $4.1m | $1.5m | $4.8m | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $100k | $200k | $100k | $100k | — | $0 | $2.4m | $7.9m | $5.2m | $6.7m | |
| Goodwill, Impairment Loss | — | — | — | — | $1.9m | $0 | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($12k) | $5.4m | $0 | — | — | — | $0 | $294k | ($61k) | ($708k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $12k | ($5.4m) | $0 | — | — | — | $0 | ($294k) | $61k | $708k | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | ($3.4m) | $0 | $0 | — | |
| Income Tax Expense (Benefit) | $98k | ($19.6m) | $649k | $2.5m | $5.7m | $2.5m | $5.5m | $7.0m | $6.8m | $11.1m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $55.1m | $55.4m | |
| Operating Lease, Lease Income | — | — | — | — | — | $3.5m | — | — | — | — | |
| Other Nonoperating Income (Expense) | $422k | $780k | ($1.3m) | $1.2m | $889k | $801k | ($670k) | ($3.0m) | ($358k) | ($2.5m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $3.3m | $5.3m | $193k | $1.4m | ($1.8m) | $3.0m | $21.8m | ($18.0m) | $1.4m | $21.4m | |
| Increase (Decrease) in Inventories | ($2.2m) | $1.7m | $2.9m | $2.3m | ($2.1m) | $14.3m | $42.4m | $1.2m | $9.2m | $7.2m | |
| Environmental Remediation Expense | $0 | $0 | $500k | — | — | — | — | — | — | — | |
| General and Administrative Expense | $76.6m | $80.5m | $92.7m | $102.9m | $89.2m | $110.6m | — | — | — | — | |
| Goodwill | $5.5m | $19.6m | $20.1m | $20.9m | $35.2m | $35.3m | $348.0m | $399.9m | $462.8m | $467.9m | |
| Inventory Write-down | — | — | — | — | — | $2.5m | $3.7m | — | — | — | |
| Operating Expenses | $169.5m | $173.1m | $180.3m | $188.3m | $166.0m | $207.2m | — | — | — | — | |
| Payments of Financing Costs | — | — | — | $573k | $0 | — | $12.0m | $3.4m | $2.1m | $4.6m | |
| Proceeds from Contributed Capital | — | — | — | — | — | — | $0 | — | — | — | |
| Proceeds from Stock Options Exercised | $0 | $20k | $14k | $33k | $15k | $0 | — | — | $1.1m | $877k | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $370.8m | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | ($483k) | $758k | ($988k) | ($1.0m) | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $8.5m | $7.1m | $20.3m | $9.2m | $32.5m | $5.4m | ($11.0m) | $102.3m | $56.5m | $83.8m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.1m | $1.3m | $2.5m | $2.0m | $1.7m | $8.2m | $8.3m | $15.3m | $13.7m | $21.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $115.3m | $259.8m | $199.4m | $2.2m | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | — | $560k | |
| Net Cash Provided by (Used in) Investing Activities | ($9.1m) | ($27.4m) | ($7.8m) | ($2.0m) | ($4.0m) | ($41.2m) | ($126.7m) | ($278.5m) | ($229.7m) | ($29.5m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | — | — | — | $0 | |
| Payments for Repurchase of Common Stock | $176k | $20k | $523k | $4.5m | $3.3m | $1.0m | $1.9m | $3.6m | $2.6m | $23.8m | |
| Net Cash Provided by (Used in) Financing Activities | ($84k) | $13.5m | ($4.5m) | ($13.9m) | ($5.8m) | $10.7m | $148.5m | $250.4m | $159.3m | ($64.3m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $336k | $320k | $72k | ($675k) | $717k | ($4.0m) | $3.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $336k | $23.1m | ($25.0m) | $10.1m | $74.9m | ($17.9m) | ($6.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $12.7m | $6.3m | $29.4m | $4.4m | $24.7m | $99.6m | $81.7m | $75.3m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $1.0m | $590k | $398k | $968k | $22.2m | $38.0m | $52.9m | $51.9m | |
| Income Taxes Paid, Net | — | — | $1.3m | $947k | $5.4m | $4.4m | $13.8m | $12.4m | $15.3m | $18.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.