← Hims & Hers Health, Inc.
| Annual Trend | 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 From Continuing Operations | — | — | — | ($65.7m) | ($23.5m) | $126.0m | $128.4m | |
| Net Income (Loss) Attributable to Parent | ($72.1m) | ($3.0m) | ($107.7m) | ($65.7m) | ($23.5m) | $126.0m | $128.4m | |
| Depreciation, Depletion and Amortization | $260k | $1.1m | $4.1m | $7.5m | $9.5m | $17.1m | $54.5m | |
| Amortization of Debt Issuance Costs | — | — | $144k | $0 | $0 | $0 | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | $0 | $0 | $4.5m | |
| Amortization of Intangible Assets | — | — | $2.1m | $4.1m | $3.5m | $3.8m | $23.7m | |
| Amortization Of Securities | — | — | — | $146k | ($5.7m) | ($4.4m) | ($2.0m) | |
| Depreciation Amortization Depletion | — | — | — | $7.5m | $9.5m | $17.1m | $54.5m | |
| Deferred Income Tax Expense (Benefit) | — | — | ($3.4m) | ($594k) | ($13k) | ($61.6m) | ($13.0m) | |
| Deferred Income Tax | — | — | — | ($594k) | ($13k) | ($61.6m) | ($13.0m) | |
| Deferred Tax | — | — | — | ($594k) | ($13k) | ($61.6m) | ($13.0m) | |
| Share-based Payment Arrangement, Noncash Expense | — | — | $67.2m | $42.8m | $66.1m | $92.3m | $135.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $6.0m | $3.9m | $14.1m | $52.5m | $116.7m | |
| Share-based Payment Arrangement, Expense | — | — | $67.2m | $42.8m | $66.1m | $92.3m | $135.2m | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $700k | $0 | $0 | $0 | |
| Asset Impairment Charge | — | — | — | $1.1m | $429k | $114k | $531k | |
| Income Tax Expense (Benefit) | — | — | ($3.1m) | ($31k) | $2.0m | ($54.3m) | ($4.4m) | |
| Other Nonoperating Income (Expense) | — | — | $445k | $2.9m | $9.0m | $9.8m | $23.1m | |
| Changes in operating assets and liabilities: | ||||||||
| Additional Financial Items | ||||||||
| Increase (Decrease) in Inventories | — | — | $9.6m | $8.0m | $902k | $41.6m | $13.7m | |
| Increase (Decrease) in Accounts Payable | — | ($7k) | $9.9m | $12.7m | $7.3m | $43.7m | $30.3m | |
| Proceeds from Stock Options Exercised | — | — | — | $2.2m | $2.3m | $26.7m | $11.0m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | $4.4m | |
| General and Administrative Expense | — | $4.8m | — | $98.2m | $129.9m | $167.8m | $272.7m | |
| Goodwill | — | — | $110.9m | $110.9m | $110.9m | $112.7m | $278.3m | |
| Investment Income, Interest | — | $3.0m | — | — | — | — | — | |
| Noncash Merger Related Costs | — | — | $1.2m | $837k | $2.7m | $0 | $5.9m | |
| Nonoperating Income (Expense) | — | $1.7m | $4.2m | $3.0m | $7.9m | $9.8m | $18.3m | |
| Operating Expenses | — | — | $319.5m | $477.4m | $744.4m | $1.1b | $1.6b | |
| Beginning Cash Position | — | — | — | $72.6m | $47.6m | $97.5m | $221.4m | |
| Cash Flow From Continuing Financing Activities | — | — | — | ($33.1m) | ($11.5m) | ($107.8m) | $729.6m | |
| Cash Flow From Continuing Investing Activities | — | — | — | $34.7m | ($12.1m) | ($19.0m) | ($1.0b) | |
| Change In Account Payable | — | — | — | $12.7m | $7.3m | $43.7m | $30.3m | |
| Change In Accrued Expense | — | — | — | $909k | $16.5m | $23.8m | ($43.1m) | |
| Change In Inventory | — | — | — | ($8.0m) | ($902k) | ($41.6m) | ($13.7m) | |
| Change In Other Current Assets | — | — | — | $17k | ($58k) | ($56k) | ($518k) | |
| Change In Other Current Liabilities | — | — | — | ($1.6m) | ($1.9m) | ($2.4m) | ($1.9m) | |
| Change In Other Working Capital | — | — | — | ($1.7m) | $6.3m | $67.6m | $51.6m | |
| Change In Payable | — | — | — | $2.5m | $7.3m | $40.9m | $30.3m | |
| Change In Payables And Accrued Expense | — | — | — | $3.4m | $23.8m | $64.7m | ($12.8m) | |
| Change In Prepaid Assets | — | — | — | ($6.3m) | ($6.4m) | ($9.5m) | ($51.9m) | |
| Change In Working Capital | — | — | — | ($14.2m) | $20.8m | $78.6m | ($29.2m) | |
| Changes In Cash | — | — | — | ($25.0m) | $49.9m | $124.2m | $4.7m | |
| End Cash Position | — | — | — | $47.6m | $97.5m | $221.4m | $228.6m | |
| Financing Cash Flow | — | — | — | ($33.1m) | ($11.5m) | ($107.8m) | $729.6m | |
| Free Cash Flow | — | — | — | ($33.8m) | $47.0m | $198.3m | $57.4m | |
| Investing Cash Flow | — | — | — | $34.7m | ($12.1m) | ($19.0m) | ($1.0b) | |
| Issuance Of Capital Stock | — | — | $272.7m | $0 | $0 | — | — | |
| Net Business Purchase And Sale | — | — | — | ($459k) | $0 | ($15.4m) | ($145.2m) | |
| Net Intangibles Purchase And Sale | — | — | — | ($4.5m) | ($9.3m) | ($11.1m) | ($16.5m) | |
| Net PPE Purchase And Sale | — | — | — | ($2.7m) | ($17.2m) | ($41.7m) | ($226.0m) | |
| Net Preferred Stock Issuance | — | — | $0 | $0 | — | — | — | |
| Other Non Cash Items | — | — | — | $2.4m | $5.9m | $2.9m | $30.0m | |
| Preferred Stock Issuance | — | — | $0 | $0 | — | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | $3.4m | $4.6m | $30.9m | $17.5m | |
| Purchase Of Business | — | — | — | ($459k) | $0 | ($15.4m) | ($145.2m) | |
| Purchase Of Intangibles | — | — | — | ($4.5m) | ($9.3m) | ($11.1m) | ($16.5m) | |
| Purchase Of PPE | — | — | — | ($2.7m) | ($17.2m) | ($41.7m) | ($226.0m) | |
| Repurchase Of Capital Stock | — | — | — | $0 | ($2.0m) | ($83.0m) | ($90.0m) | |
| Stock Based Compensation | — | — | — | $42.8m | $66.1m | $92.3m | $135.2m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | $0 | $0 | ($4.4m) | |
| Net Cash Provided by (Used in) Operating Activities | ($74.9m) | ($777k) | ($34.4m) | ($26.5m) | $73.5m | $251.1m | $300.0m | |
| Cash flows from investing activities: | ||||||||
| Capital Expenditure | — | — | — | ($7.2m) | ($26.5m) | ($52.8m) | ($242.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | $46.5m | $0 | $0 | $15.4m | $145.2m | |
| Net Investment Purchase And Sale | — | — | — | $42.4m | $14.4m | $49.1m | ($637.1m) | |
| Purchase Of Investment | — | — | — | ($187.7m) | ($157.2m) | ($160.6m) | ($745.8m) | |
| Sale Of Investment | — | — | — | $230.1m | $171.6m | $209.7m | $108.7m | |
| Net Cash Provided by (Used in) Investing Activities | ($39.3m) | $325k | ($156.3m) | $34.7m | ($12.1m) | ($19.0m) | ($1.0b) | |
| Cash flows from financing activities: | ||||||||
| Proceeds from Issuance of Long-term Debt | — | — | $0 | — | $0 | $0 | $970.0m | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | $158.4m | $194.3m | $170.1m | $208.9m | $108.7m | |
| Issuance Of Debt | — | — | — | $0 | $0 | $0 | $970.0m | |
| Long Term Debt Issuance | — | — | — | $0 | $0 | $0 | $970.0m | |
| Net Issuance Payments Of Debt | — | — | — | $0 | $0 | $0 | $970.0m | |
| Net Long Term Debt Issuance | — | — | — | $0 | $0 | $0 | $970.0m | |
| Repayments of Long-term Debt | — | — | $0 | $0 | — | — | — | |
| Long Term Debt Payments | — | — | $0 | $0 | — | — | — | |
| Repayment Of Debt | — | — | $0 | $0 | — | — | — | |
| Common Stock Issuance | — | — | $272.7m | $0 | $0 | — | — | |
| Net Common Stock Issuance | — | — | — | $0 | ($2.0m) | ($83.0m) | ($90.0m) | |
| Payments for Repurchase of Common Stock | — | — | $22.0m | $0 | $2.0m | $83.0m | $90.0m | |
| Common Stock Payments | — | — | — | $0 | ($2.0m) | ($83.0m) | ($90.0m) | |
| Net Other Financing Charges | — | — | — | ($36.6m) | ($14.1m) | ($55.7m) | ($167.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $95.3m | $47.7m | $235.0m | ($33.1m) | ($11.5m) | ($107.8m) | $729.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($5k) | ($9k) | ($73k) | ($53k) | ($11k) | ($270k) | $2.5m | |
| Effect Of Exchange Rate Changes | — | — | — | ($53k) | ($11k) | ($270k) | $2.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($18.9m) | $5.6m | $44.3m | ($25.0m) | $49.9m | $123.9m | $7.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($18.9m) | $5.6m | $72.6m | $47.6m | $97.5m | $221.4m | $228.6m | |
| Supplemental disclosure of cash flow information: | ||||||||
| Change In Cash Supplemental As Reported | — | — | — | ($25.0m) | $49.9m | $123.9m | $7.2m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $0 | $0 | — | — | — | |
| Income Taxes Paid, Net | $139k | $221k | $338k | $636k | $1.1m | $7.9m | $23.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.