← NOVA LTD.

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 $9.6m $46.5m $54.4m $35.2m $47.9m $93.1m $140.2m $136.3m $183.8m $259.2m
Depreciation, Depletion and Amortization $4.0m $3.6m $5.1m $5.4m $5.9m $6.5m $8.6m $10.3m $11.7m $13.5m
Amortization of Debt Issuance Costs and Discounts — — — $0 $868k $4.2m $1.3m $1.3m $1.3m $2.0m
Amortization of Intangible Assets $2.5m $2.6m $2.6m $2.6m $2.5m $2.5m $6.0m $5.9m $5.6m $8.9m
Deferred Income Tax Expense (Benefit) $633k ($31k) ($1.9m) ($681k) $1.0m ($3.2m) ($14.1m) ($6.5m) ($10.0m) ($12.3m)
Share-based Payment Arrangement, Noncash Expense $2.7m $2.8m $4.3m $5.1m $6.9m $10.5m $16.6m $18.3m $25.2m $26.3m
Share-based Payment Arrangement, Expense $2.7m $2.8m $4.3m $5.1m $6.9m $10.5m $16.6m $18.3m $25.2m $26.3m
Income Tax Expense (Benefit) $1.7m $13.6m $9.1m $4.3m $8.6m $16.2m $18.2m $18.4m $32.5m $44.1m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $23.6m ($1.7m) $12.5m ($1.9m) $11.7m $5.1m $31.6m $1.2m $29.1m $7.0m
Increase (Decrease) in Inventories $1.7m $6.9m $8.1m $7.5m $16.3m $18.5m $29.3m $26.0m $23.9m $19.0m
Foreign Currency Transaction Gain (Loss), Realized — — — ($1.4m) ($2.2m) ($948k) $3.5m $1.3m ($4.2m) $7.4m
General and Administrative Expense $6.8m $8.1m $8.7m $10.1m $12.5m $17.3m $23.9m $20.4m $24.2m $26.1m
Goodwill $20.1m $20.1m $20.1m $20.1m $20.1m $20.1m $49.0m $50.1m $48.3m $90.8m
Inventory Write-down $4.0m $3.4m $3.4m $4.4m $5.7m $5.1m $6.4m $8.7m $7.8m $8.6m
Investment Income, Interest $1.2m $2.3m $3.0m $3.1m — — — — — —
Marketable Securities, Unrealized Gain (Loss) — — — — — ($1.0m) ($6.0m) $5.2m $1.2m $3.4m
Operating Expenses $65.1m $73.4m $84.8m $85.4m $97.4m $125.0m $167.0m $160.9m $199.5m $251.7m
Proceeds from Stock Options Exercised $2.2m $2.6m $361k $492k $367k $11k $90k $122k $160k $0
Derivative, Gain (Loss) on Derivative, Net $50k $701k ($189k) $33k $796k $453k $1.8m $1.6m ($173k) ($3.0m)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $50k $701k ($189k) $33k $796k — — — — —
Net Cash Provided by (Used in) Operating Activities ($4.2m) $61.8m $36.1m $41.2m $60.3m $132.3m $119.5m $123.5m $235.3m $245.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.1m $6.3m $3.7m $21.3m $6.4m $4.8m $21.3m $17.2m $17.2m $27.7m
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — $78.5m $0 $0 $56.4m
Net Cash Provided by (Used in) Investing Activities ($4.4m) ($57.1m) ($35.2m) ($25.7m) ($42.5m) ($238.5m) ($100.3m) ($125.3m) ($136.4m) ($837.2m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale — — — — — — — — $243.4m $304.9m
Payments for Repurchase of Common Stock $937k — $4.8m $7.2m $12.5m $0 $21.4m $112k $30.0m $35.0m
Net Cash Provided by (Used in) Financing Activities $1.2m $2.6m ($4.4m) ($6.7m) $181.4m $11k ($29.8m) $10k ($48.3m) $642.2m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $200.6m ($105.6m) ($15.0m) ($4.1m) $50.2m $57.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $24.9m $31.7m $232.3m $126.7m $111.7m $107.6m $157.8m $214.8m
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net $1.9m $8.2m $13.0m $8.3m $4.0m $13.3m $23.0m $26.8m $29.9m $41.5m

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