← HURCO COMPANIES 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 $13.3m $15.1m $21.5m $17.5m ($6.2m) $6.8m $8.2m $4.4m ($16.6m) ($15.1m)
Net Income (Loss) Available to Common Stockholders, Basic $13.2m $15.0m $21.4m $17.3m ($6.2m) $6.7m $8.1m $4.3m ($16.6m) ($15.1m)
Depreciation and amortization $3.9m $3.6m $3.7m $3.7m $4.5m $4.2m $3.9m $4.1m $3.5m $2.7m
Amortization of Intangible Assets $137k $136k $107k $117k $358k $273k $272k $271k $237k $100k
Capitalized Computer Software, Amortization $1.2m $1.0m $1.1m $1.0m $1.5m $1.4m $1.3m $1.6m $1.6m $1.1m
Depreciation $2.5m $2.5m $2.5m $2.6m $2.7m $2.5m $2.3m $2.3m $1.7m $1.5m
Deferred Income Tax Expense (Benefit) ($225k) $1.1m ($530k) $260k ($547k) ($112k) ($631k) $21k ($4.3m) ($4.0m)
Share-based Payment Arrangement, Noncash Expense $1.6m $1.7m $2.5m $2.7m $2.1m $2.8m $2.7m $2.7m $1.6m $1.7m
Payment, Tax Withholding, Share-based Payment Arrangement — $295k $502k $499k $498k $197k $207k $313k $315k $352k
Share-based Payment Arrangement, Expense $1.6m — — — — — — — — —
Goodwill, Impairment Loss — — — — $4.9m — — — — —
Income (Loss) from Equity Method Investments $466k $505k $639k $583k $69k $203k $733k $494k $292k $80k
Income Tax Expense (Benefit) $5.6m $5.6m $11.0m $5.8m ($4.6m) $3.4m $3.7m $2.4m $6.8m $2.9m
Interest Expense Nonoperating — — — — — — — — $578k $89k
Other Nonoperating Income (Expense) ($1.3m) ($780k) ($2.4m) ($555k) ($1.2m) ($513k) ($1.8m) ($504k) ($2.0m) ($2.5m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $13.9m ($1.6m) $20.4m $10.5m ($3.5m) ($2.2m) $24.4m $648k ($8.4m) ($16.4m)
Increase (Decrease) in Accounts Payable ($6.0m) $8.5m $10.8m ($23.8m) ($2.6m) $20.6m ($2.3m) ($11.8m) ($5.3m) $313k
Foreign Currency Transaction Gain (Loss), before Tax ($1.9m) $851k ($755k) ($730k) ($257k) ($31k) ($1.4m) $2.6m $426k ($711k)
Gain (Loss) on Investments — — — — — — — — — $0
Goodwill $2.3m $2.4m $2.4m $5.8m $0 — — $0 — —
Proceeds from Stock Options Exercised $0 $534k $847k — $67k $350k $117k $270k — —
Unrealized Gain (Loss) on Derivatives ($393k) $411k ($456k) $388k ($622k) $316k ($727k) $754k $96k ($1.9m)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $1.6m $1.4m ($1.4m) $235k — — — — — —
Net Cash Provided by (Used in) Operating Activities ($6.9m) $30.4m $21.0m ($6.4m) $10.9m $32.2m ($4.0m) ($12.8m) ($2.5m) $17.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $2.0m $2.2m $3.5m $3.2m $683k $1.3m $1.1m $1.3m $1.2m $910k
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $1.2m $4.4m — — — — — —
Payments for (Proceeds from) Other Investing Activities $0 ($417k) ($233k) ($243k) ($371k) $979k — ($273k) ($119k) ($118k)
Net Cash Provided by (Used in) Investing Activities ($3.9m) ($4.0m) ($6.6m) ($8.9m) ($1.2m) ($3.3m) ($2.1m) ($1.9m) ($2.7m) ($1.2m)
Cash flows from financing activities:
Dividends paid $2.3m $2.6m $2.9m $3.2m $3.4m $3.7m $3.9m $4.1m $2.1m —
Net Cash Provided by (Used in) Financing Activities ($2.3m) ($2.4m) ($2.6m) ($5.2m) ($10.9m) ($3.5m) ($6.9m) ($8.8m) ($3.9m) ($2.4m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($934k) $1.1m ($990k) ($20.2m) $916k $26.2m ($20.1m) ($22.1m) ($8.5m) $15.4m
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net $4.3m $4.9m $6.2m $11.0m $487k $1.6m ($1.6m) $4.3m $3.0m $1.8m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.