← FUELCELL ENERGY 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 | ($51.0m) |
($53.9m)
-5.78%
|
($47.3m)
+12.19%
|
($77.6m)
-63.87%
|
($89.1m)
-14.88%
|
($101.1m)
-13.41%
|
($142.7m)
-41.23%
|
($107.6m)
+24.63%
|
($126.0m)
-17.14%
|
($187.9m)
-49.12%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($54.2m) |
($57.1m)
-5.44%
|
($62.2m)
-8.87%
|
($100.2m)
-61.25%
|
($92.4m)
+7.79%
|
($104.3m)
-12.78%
|
($145.9m)
-39.97%
|
($110.8m)
+24.09%
|
($129.2m)
-16.65%
|
($191.1m)
-47.90%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($51.2m) | ($53.9m) | ($47.3m) | ($77.6m) | ($89.1m) | ($101.0m) | ($147.2m) | ($108.1m) | ($156.8m) | ($191.4m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($251k) | $0 | $0 | — | — | — | ($4.5m) | ($488k) | ($30.8m) | ($3.5m) | — | |
| Depreciation, Depletion and Amortization | $4.9m | $4.4m | $4.6m | $4.9m | $19.4m | $19.9m | $21.3m | $25.4m | $36.2m | $40.4m | $40.9m | |
| Amortization of Intangible Assets | — | — | — | — | — | $1.3m | $1.3m | $1.3m | $1.3m | $1.3m | — | |
| Depreciation | $4.9m | $4.4m | $4.6m | $4.9m | $5.1m | $4.9m | $5.8m | $5.1m | $8.0m | $8.0m | $40.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $21.3m | $25.4m | $36.2m | $40.4m | $40.9m | |
| Deferred Income Tax Expense (Benefit) | — | — | ($3.0m) | $0 | $0 | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $3.4m | $4.6m | $3.2m | $2.8m | $1.9m | $4.3m | $6.8m | $12.0m | $11.8m | $11.1m | $9.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $339k | $1.9m | $885k | $1.1m | $553k | — | |
| Share-based Payment Arrangement, Expense | $3.4m | $4.5m | $3.2m | $2.7m | $1.8m | $4.2m | $6.6m | $11.6m | $11.5m | $10.9m | $9.1m | |
| Goodwill and Intangible Asset Impairment | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $4.1m | $108.3m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $9.3m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $1.8m | $2.4m | $1.3m | $65.8m | $108.3m | |
| Other Nonoperating Income (Expense) | $622k | $247k | $3.3m | $93k | $684k | ($694k) | $3.7m | $4.7m | ($2.3m) | $3.2m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($1.5m) | ($53.0m) | ($57.8m) | ($49.8m) | ($43.9m) | |
| Increase (Decrease) in Accounts Receivable | ($30.2m) | $51.3m | ($48.7m) | ($4.8m) | $6.3m | $5.2m | ($9.2m) | ($1.1m) | $7.9m | ($7.8m) | ($72.4m) | |
| Change In Receivables | — | — | — | — | — | — | $9.0m | ($20.8m) | ($31.0m) | ($58.4m) | ($72.4m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $9.2m | $1.1m | ($7.9m) | $7.8m | ($72.4m) | |
| Increase (Decrease) in Inventories | $8.1m | $8.0m | ($31.7m) | $6.4m | $2.1m | $18.8m | $28.1m | ($4.7m) | $29.2m | ($15.9m) | $25.0m | |
| Inventory Write-down | — | — | — | — | — | — | — | — | — | $9.0m | — | |
| Change In Inventory | — | — | — | — | — | — | ($28.1m) | $4.7m | ($29.2m) | $15.9m | $25.0m | |
| Increase (Decrease) in Accounts Payable | ($3.0m) | $25.0m | ($19.8m) | ($173k) | ($7.1m) | $2.0m | $6.3m | $3.0m | ($999k) | ($2.8m) | ($4.5m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $30.9m | ($1.5m) | $3.7m | ($2.9m) | ($4.5m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $24.6m | ($4.5m) | $4.7m | ($118k) | ($1.3m) | |
| Change In Other Current Assets | — | — | — | — | — | — | ($2.1m) | ($13.1m) | ($5.4m) | ($5.9m) | $1.7m | |
| Net Cash Provided by (Used in) Operating Activities | ($46.6m) |
($71.8m)
-54.19%
|
$16.3m
+122.72%
|
($30.6m)
-287.31%
|
($36.8m)
-20.31%
|
($70.4m)
-91.51%
|
($112.2m)
-59.24%
|
($140.2m)
-25.04%
|
($152.9m)
-9.02%
|
($125.3m)
+18.06%
|
($110.9m)
+11.46%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | $7.7m | $12.4m | $10.0m | $2.2m | $382k | $6.4m | ($46.7m) | ($92.4m) | ($59.6m) | ($22.5m) | ($18.6m) | |
| Net Cash Provided by (Used in) Investing Activities | ($41.5m) | ($31.4m) | ($51.3m) | ($69.3m) | ($32.5m) | ($73.2m) | ($46.7m) | ($192.4m) | ($60.0m) | $88.9m | $42.3m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $30.5m | $8.6m | $16.6m | $48.4m | $30.1m | $98.6m | $9.5m | $47.8m | $11.7m | $14.4m | ($17.7m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | $0 | $0 | $1.8m | ($11.2m) | — | $15.3m | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $100.5m | $23.1m | $0 | $25.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $100.5m | $23.1m | $0 | $25.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($9.5m) | ($47.8m) | ($11.7m) | ($14.4m) | ($17.7m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($9.5m) | $52.7m | $11.4m | ($14.4m) | $7.3m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($9.5m) | $52.7m | $11.4m | ($14.4m) | $7.3m | |
| Repayment Of Debt | — | — | — | — | — | — | ($9.5m) | ($47.8m) | ($11.7m) | ($14.4m) | ($17.7m) | |
| Proceeds from Issuance of Common Stock | $70.9m | — | — | — | — | — | $183.6m | $97.4m | $92.6m | $185.7m | $327.4m | |
| Common Stock Issuance | — | — | — | — | — | — | $183.6m | $97.4m | $92.6m | $185.7m | $327.4m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $183.6m | $97.4m | $92.6m | $185.7m | $327.4m | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($21.5m) | $0 | $0 | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($3.2m) | ($3.2m) | ($3.2m) | ($3.2m) | ($3.2m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($3.2m) | ($3.2m) | ($3.2m) | ($3.2m) | ($3.2m) | |
| Net Other Financing Charges | — | — | — | — | — | — | $9.7m | $4.1m | $21.3m | $1.2m | ($1.1m) | |
| Net Cash Provided by (Used in) Financing Activities | $120.7m |
$72.3m
-40.09%
|
$27.7m
-61.66%
|
$59.7m
+115.23%
|
$221.7m
+271.58%
|
$411.9m
+85.82%
|
$180.6m
-56.16%
|
$151.1m
-16.34%
|
$122.2m
-19.14%
|
$169.3m
+38.57%
|
$330.5m
+95.25%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $32.6m | ($30.9m) | ($7.2m) | ($40.5m) | $152.3m | $268.2m | $20.8m | ($181.5m) | ($90.7m) | $132.9m | $440.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $460.2m | $481.0m | $299.6m | $208.9m | $179.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $32.6m | $87.4m | $80.2m | $39.8m | $192.1m | $460.2m | $481.0m | $299.6m | $208.9m | $341.8m | $440.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $32.6m | ($30.9m) | ($7.2m) | ($40.5m) | $152.3m | $268.2m | ($933k) | $80k | $111k | $77k | ($92k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($933k) | $80k | $111k | $77k | ($92k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $4.5m | $4.1m | $8.4m | $5.8m | $1.6m | $3.1m | $6.8m | $7.3m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), Realized | $324k | ($581k) | $223k | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | $300k | ($700k) | $300k | $29k | $314k | ($478k) | ($583k) | $57k | $9.9m | ($4.0m) | — | |
| Goodwill | $4.1m | $4.1m | $4.1m | $4.1m | $4.1m | $4.1m | $4.1m | $4.1m | $4.1m | — | $108.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | ($147.2m) | ($108.1m) | ($156.8m) | ($191.4m) | — | |
| Income Tax Expense (Benefit) | $519k | $44k | ($3.0m) | $109k | $46k | $2k | $819k | $581k | $25k | $137k | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | $15.8m | $13.7m | $8.3m | — | |
| Operating Expenses | $46.0m | $47.7m | $47.7m | $45.7m | $31.4m | $49.3m | $114.1m | $125.5m | $122.6m | $165.9m | — | |
| Operating Lease, Expense | — | — | — | — | $1.5m | $1.5m | $1.5m | $1.5m | $1.4m | $1.4m | — | |
| Payments of Financing Costs | — | $206k | $352k | $3.3m | $2.7m | $363k | — | $3.5m | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | $11.9m | $9.1m | $25.1m | $4.0m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $2.6m | $5.3m | — | |
| Unrealized Gain (Loss) on Derivatives | — | $0 | $0 | ($624k) | ($314k) | $478k | $779k | ($7.4m) | ($9.9m) | $4.0m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $180.6m | $151.1m | $122.2m | $169.3m | $330.5m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($46.7m) | ($192.4m) | ($60.0m) | $88.9m | $42.3m | |
| Change In Account Payable | — | — | — | — | — | — | $6.3m | $3.0m | ($999k) | ($2.8m) | ($4.5m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $20.8m | ($181.5m) | ($90.7m) | $132.9m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($11.3m) | ($22.3m) | $4.1m | $1.5m | $7.6m | |
| Change In Payable | — | — | — | — | — | — | $6.3m | $3.0m | ($999k) | ($2.8m) | ($4.5m) | |
| Changes In Cash | — | — | — | — | — | — | $21.8m | ($181.5m) | ($90.8m) | $132.8m | $261.8m | |
| End Cash Position | — | — | — | — | — | — | $481.0m | $299.6m | $208.9m | $341.8m | $440.9m | |
| Financing Cash Flow | — | — | — | — | — | — | $180.6m |
$151.1m
-16.34%
|
$122.2m
-19.14%
|
$169.3m
+38.57%
|
$330.5m
+95.25%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($158.8m) | ($232.6m) | ($212.5m) | ($147.8m) | ($129.6m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($779k) | ($7.4m) | $9.9m | ($4.0m) | ($3.3m) | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $2k | $6k | $16k | $154k | $154k | |
| Investing Cash Flow | — | — | — | — | — | — | ($46.7m) | ($192.4m) | ($60.0m) | $88.9m | $42.3m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $583k | ($57k) | $0 | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | ($100.0m) | ($496k) | $111.4m | $60.9m | |
| Net Preferred Stock Issuance | — | — | — | — | — | ($21.5m) | $0 | $0 | — | — | — | |
| Operating Gains Losses | — | — | — | — | — | — | ($196k) | ($22.8m) | $9.9m | ($4.0m) | ($3.3m) | |
| Other Non Cash Items | — | — | — | — | — | — | $6.9m | $3.9m | $2.6m | $2.6m | — | |
| Preferred Stock Payments | — | — | — | — | — | ($21.5m) | $0 | $0 | — | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $47k | $56k | $120k | $51k | $51k | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | ($299.1m) | ($835.7m) | ($661.0m) | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $199.1m | $835.2m | $772.4m | $60.9m | |
| Stock Based Compensation | — | — | — | — | — | — | $6.8m | $12.0m | $11.8m | $11.1m | $9.1m |