← Hillman Solutions Corp.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $0 | ($154k) | ($38.3m) | ($16.4m) | ($9.6m) | $17.3m | $40.3m | |
| Depreciation and amortization | $124.6m | $126.9m | $120.7m | $120.0m | $121.6m | $130.0m | $141.1m | |
| Deferred financing and original issue discount amortization | $3.7m | $3.7m | $4.3m | $3.6m | $5.3m | $5.1m | $5.0m | |
| Deferred income taxes | ($23.6m) | ($9.5m) | ($21.8m) | ($873k) | ($8.7m) | ($5.0m) | $4.7m | |
| Impairment charges | $7.9m | $210k | $0 | $0 | $24.6m | $0 | $0 | |
| Loss (gain) on dispositions of property and equipment | ($573k) | $161k | $221k | ($26k) | ($34k) | $56k | $73k | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | $0 | $0 | ($3.0m) | ($906k) | |
| Loss on debt restructuring | $0 | $0 | ($8.4m) | $0 | $0 | ($1.6m) | ($906k) | |
| Stock-based compensation expense | $3.0m | $5.1m | $15.3m | $13.5m | $12.0m | $13.5m | $14.2m | |
| Customer bankruptcy reserve | — | — | — | $0 | $0 | $8.6m | $0 | |
| Change in fair value of contingent consideration | $0 | ($3.5m) | ($1.8m) | ($1.1m) | ($4.9m) | $228k | ($240k) | |
| Accounts receivable | $22.9m | ($32.4m) | $15.1m | $19.9m | ($15.9m) | ($4.5m) | ($4.1m) | |
| Inventories | ($3.2m) | ($67.1m) | ($137.8m) | $38.8m | $103.7m | $8.7m | ($79.4m) | |
| Other assets | $2.9m | ($10.7m) | $3.1m | $566k | $3.1m | ($6.0m) | ($15.0m) | |
| Accounts payable | ($12.0m) | $76.0m | ($20.3m) | ($53.8m) | $8.0m | ($7.8m) | $1.7m | |
| Other accrued liabilities | $9.7m | $27.1m | ($24.1m) | ($5.2m) | ($1.1m) | $9.1m | ($3.9m) | |
| Increase (Decrease) in Accrued Salaries | — | — | — | $7.6m | $6.8m | $12.7m | $711k | |
| Repayments of senior term loans | ($10.6m) | ($10.6m) | ($1.1b) | $0 | $0 | ($106.4m) | ($8.5m) | |
| Borrowings of revolving credit loans | $43.5m | $99.0m | $322.0m | $244.0m | $178.0m | $177.0m | $131.0m | |
| Repayments of revolving credit loans | ($38.7m) | ($140.0m) | ($301.0m) | ($265.0m) | ($250.0m) | ($115.0m) | ($157.0m) | |
| Financing fees | ($1.4m) | $0 | ($21.0m) | $0 | $0 | ($33k) | $0 | |
| Principal payments under finance lease obligations | ($683k) | ($836k) | ($938k) | ($1.5m) | ($2.4m) | ($3.7m) | ($5.7m) | |
| Proceeds from exercise of stock options | $100k | $7.3m | $2.7m | $2.6m | $2.2m | $9.7m | $1.2m | |
| Payments of contingent consideration | — | — | $0 | $0 | ($1.2m) | ($260k) | ($265k) | |
| Net cash provided by operating activities | $0 | ($211k) | ($110.3m) | $119.0m | $238.0m | $183.3m | $105.2m | |
| Capital expenditures | ($57.8m) | ($45.3m) | ($51.6m) | ($69.6m) | ($65.8m) | ($85.2m) | ($70.1m) | |
| Acquisitions of businesses, net of cash acquired | ($6.1m) | ($800k) | ($38.9m) | ($2.5m) | ($1.7m) | ($57.9m) | $0 | |
| Other investing activities | — | $0 | $0 | ($733k) | ($383k) | ($278k) | ($251k) | |
| Net cash used for investing activities | $0 | ($500.0m) | ($90.5m) | ($72.8m) | ($67.9m) | ($143.4m) | ($70.4m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | $0 | $0 | ($12.4m) | |
| Other financing activities | — | $0 | $0 | $1.8m | $9k | ($567k) | ($544k) | |
| Net cash used for financing activities | $0 | $501.2m | $193.3m | ($28.7m) | ($162.0m) | ($39.3m) | ($52.2m) | |
| Effect of exchange rate changes on cash | ($79k) | $645k | $464k | ($991k) | ($735k) | $5.3m | $152k | |
| Net (decrease) increase in cash and cash equivalents | $0 | $1.0m | ($6.9m) | $16.5m | $7.5m | $6.0m | ($17.2m) | |
| Cash and cash equivalents at beginning of period | $0 | $0 | $14.6m | $31.1m | $38.6m | $44.5m | $27.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.