← GoPro, 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 | ($419.0m) | ($182.9m) | ($109.0m) | ($14.6m) | ($66.8m) | $371.2m | $28.8m | ($53.2m) | ($432.3m) | ($93.5m) | |
| Depreciation, Depletion and Amortization | $41.6m | $41.5m | $35.1m | $26.3m | $19.1m | $11.0m | $8.6m | $6.2m | $6.5m | $7.1m | |
| Amortization | — | — | — | — | $4.2m | $2.8m | $2.1m | $2.0m | $5.1m | $7.0m | |
| Amortization of Intangible Assets | $9.1m | $9.0m | $11.4m | $7.8m | $4.6m | $1.1m | $100k | $0 | $1.6m | $1.9m | |
| Depreciation | $32.4m | $32.4m | $23.6m | $18.5m | $14.5m | $9.8m | $8.5m | $6.2m | $4.9m | $5.2m | |
| Deferred Income Tax Expense (Benefit) | $38.6m | ($2.5m) | ($389k) | ($33k) | ($50k) | ($273.5m) | $2.7m | ($17.9m) | $296.8m | $277k | |
| Share-based Payment Arrangement, Noncash Expense | $69.5m | $51.3m | $40.9m | $37.2m | $30.0m | $38.6m | $39.0m | $41.5m | $29.1m | $19.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $12.1m | $6.7m | $6.6m | $6.2m | $17.4m | $13.4m | $8.0m | $3.1m | $1.9m | |
| Share-based Payment Arrangement, Expense | ($69.5m) | $54.0m | $41.9m | $37.2m | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $18.6m | |
| Impairment of Intangible Assets, Finite-lived | $6.3m | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $12.5m | $0 | $0 | — | $3.3m | $0 | |
| Restructuring Costs and Asset Impairment Charges | $17.6m | $7.3m | $6.3m | $199k | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | $5.0m | $0 | $0 | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $5.4m | $0 | $0 | $3.1m | $0 | $0 | |
| Income Tax Expense (Benefit) | $43.8m | $6.5m | $1.4m | ($4.4m) | $4.8m | ($281.1m) | $5.6m | ($14.6m) | $299.2m | $2.0m | |
| Other Nonoperating Income (Expense) | ($2.2m) | ($12.9m) | ($13.7m) | ($16.7m) | ($25.1m) | ($23.1m) | ($4.5m) | $7.7m | $1.9m | $345k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $18.8m | ($52.3m) | $16.5m | $71.3m | ($93.1m) | $8.1m | ($37.8m) | $14.5m | ($5.3m) | $7.3m | |
| Increase (Decrease) in Inventories | ($21.0m) | ($16.6m) | ($34.1m) | $27.8m | ($46.3m) | ($11.5m) | $40.7m | ($20.9m) | $14.4m | ($42.3m) | |
| General and Administrative Expense | $107.4m | $82.1m | $66.0m | $65.8m | $68.4m | $65.7m | $61.0m | $63.8m | $59.8m | $56.4m | |
| Goodwill | $146.5m | $146.5m | $146.5m | $146.5m | $146.5m | $146.5m | $146.5m | $146.5m | $152.4m | $133.8m | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | — | ($8.1m) | |
| Operating Expenses | $834.9m | $548.0m | $455.4m | $415.1m | $351.3m | $363.9m | $367.9m | $399.0m | $406.3m | $302.5m | |
| Restructuring Costs | — | — | — | — | $5.2m | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | ($107.8m) | ($36.9m) | ($42.4m) | ($24.4m) | $93.8m | $229.2m | $5.7m | ($32.9m) | ($125.1m) | ($20.7m) | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $43.6m | $24.1m | $11.0m | $8.3m | $4.9m | $5.5m | $3.4m | $1.5m | $4.0m | $3.4m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | $12.3m | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | $438k | $0 | $0 | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | $19.3m | ($43.1m) | ($6.2m) | $22.8m | $9.5m | ($143.7m) | ($8.4m) | $121.9m | $7.7m | ($3.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $119.9m | $21.7m | $57.5m | $56.9m | $14.8m | $8.3m | $160.6m | $149.2m | $24.0m | $0 | |
| Proceeds from Issuance of Common Stock | $2.8m | $9.8m | $5.2m | $5.6m | $5.4m | $7.5m | $4.8m | $3.9m | $2.1m | $2.7m | |
| Payments for Repurchase of Common Stock | $0 | $78.0m | — | — | — | — | $39.6m | $40.0m | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $2.0m | $88.6m | ($1.5m) | ($1.0m) | $72.0m | ($9.9m) | ($173.3m) | ($90.4m) | ($929k) | ($30.1m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $2.1m | ($2.1m) | ($1.4m) | $316k | ($1.5m) | $1.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $177.4m | $73.4m | ($177.4m) | ($1.0m) | ($119.9m) | ($53.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $327.7m | $401.1m | $223.7m | $222.7m | — | — | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | — | — | — | $49.7m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | — | — | — | $4.3m | |
| Income Taxes Paid, Net | $9.7m | $8.4m | ($32.1m) | $176k | $2.2m | $810k | $2.1m | ($537k) | $1.1m | $846k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.