← Magnera Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $21.6m | $7.9m | ($177.6m) | ($21.5m) | $21.3m | $6.9m | ($194.2m) | ($79.1m) | ($154.0m) | ($159.0m) | |
| Depreciation | $65.8m | $76.0m | $47.5m | $50.8m | $56.6m | $61.4m | $66.7m | $118.0m | $127.0m | $156.0m | |
| Amortization of intangibles | — | — | — | — | — | — | — | $51.0m | $48.0m | $50.0m | |
| Deferred income tax | ($22.1m) | $19.0m | ($7.7m) | ($23.0m) | ($2.1m) | ($13.6m) | ($24.0m) | ($12.2m) | ($9.0m) | ($27.0m) | |
| Goodwill and other impairment | — | — | — | $0 | $900k | $0 | $190.6m | $0 | $172.0m | $0 | |
| Share-based compensation expense | $5.9m | $6.2m | $6.3m | $3.6m | $5.7m | $5.1m | $831k | $2.8m | $7.0m | $19.0m | |
| Non-cash interest expense | $1.2m | $1.2m | $1.2m | $1.7m | $590k | $865k | $1.9m | $5.3m | $5.0m | $17.0m | |
| Other non-cash operating activities, net | $116.1m | $104.3m | ($6.0m) | $102.8m | $109.0m | $71.0m | ($40.8m) | ($10.0m) | ($3.0m) | $55.0m | |
| Accounts receivable | $8.4m | ($10.2m) | ($621k) | ($5.5m) | $9.6m | ($14.8m) | ($35.3m) | $21.6m | ($27.0m) | $0 | |
| Inventories | ($10.8m) | $9.2m | ($32.1m) | ($17.4m) | $6.9m | ($40.0m) | ($44.4m) | $9.6m | ($16.0m) | $31.0m | |
| Prepaid expenses and other assets | ($2.4m) | ($6.3m) | ($3.4m) | ($2.8m) | $1.7m | $5.8m | ($3.2m) | $165k | $2.0m | ($22.0m) | |
| Accounts payable and other liabilities | — | — | — | — | — | — | — | ($55.0m) | $40.0m | ($17.0m) | |
| Cash acquired from GLT acquisition | — | — | — | — | — | — | — | $0 | $0 | $37.0m | |
| Settlement of net investment hedges | — | — | — | — | — | — | — | $0 | $0 | $22.0m | |
| Proceeds from sale of assets | — | — | — | — | — | — | — | $0 | $4.0m | $0 | |
| Proceeds from long-term borrowings | — | — | — | — | — | — | — | $0 | $0 | $1.6b | |
| Repayments on long-term borrowings | ($8.2m) | ($9.8m) | ($11.1m) | ($16.7m) | ($23.2m) | ($26.1m) | ($35.3m) | ($228.4m) | ($2.0m) | ($484.0m) | |
| Transfers from (to) Berry, net | — | — | — | — | — | — | — | ($206.0m) | ($107.0m) | $34.0m | |
| Cash distribution to Berry | — | — | — | — | — | — | — | $0 | $0 | ($1.1b) | |
| Debt fees and other, net | — | — | — | — | — | — | — | $0 | $0 | ($16.0m) | |
| Effect of currency translation on cash | — | — | — | ($269k) | $5.2m | ($5.4m) | ($2.3m) | $1.0m | $1.0m | $1.0m | |
| Net cash from operating activities | $31.1m | $53.2m | ($6.0m) | $102.8m | $109.0m | $71.0m | ($40.8m) | $257.0m | $192.0m | $103.0m | |
| Additions to property, plant and equipment | ($160.2m) | ($132.3m) | ($42.1m) | ($27.8m) | ($28.1m) | ($30.0m) | ($37.7m) | ($33.8m) | ($72.0m) | ($67.0m) | |
| Other investing activities and other | ($800k) | ($243k) | ($68k) | ($163k) | ($50k) | ($440k) | $30k | $844k | $29.0m | $0 | |
| Net cash used in investing activities | ($61.9m) | ($80.8m) | ($217.6m) | ($27.1m) | ($26.8m) | ($489.8m) | ($33.1m) | ($37.1m) | ($39.0m) | ($8.0m) | |
| Net cash used in financing activities | ($6.6m) | $76.7m | ($91.4m) | ($72.8m) | ($100.3m) | $462.4m | $46.9m | ($949k) | ($109.0m) | ($21.0m) | |
| Net change in cash and cash equivalents | — | $56.4m | ($320.6m) | $2.7m | ($12.9m) | $38.1m | ($29.3m) | ($62.6m) | $45.0m | $75.0m | |
| Cash and cash equivalents at beginning of period | — | — | — | — | — | — | — | $185.0m | $230.0m | $305.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.