← Redwire Corp
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($14.4m) |
($61.5m)
-328.11%
|
($130.6m)
-112.26%
|
($27.3m)
+79.13%
|
($114.3m)
-319.27%
|
($226.6m)
-98.19%
|
— | |
| Depreciation and amortization expense | $3.1m | $10.6m | $11.3m | $10.7m | $11.7m | $32.6m | $47.2m | |
| Amortization of debt issuance costs and discount | $30k | $304k | $490k | $608k | $857k | $2.3m | — | |
| Deferred provision (benefit) for income taxes | ($3.7m) | ($11.4m) | ($8.2m) | ($925k) | ($1.8m) | ($24.9m) | — | |
| Shares repurchased for settlement of employee tax withholdings on share-based awards | — | $0 | ($381k) | ($570k) | ($2.6m) | ($3.8m) | — | |
| Impairment expense | — | $0 | $96.6m | $0 | $0 | $34.7m | — | |
| Income from equity method investments | — | $0 | ($58k) | ($245k) | $0 | $0 | — | |
| (Increase) decrease in accounts receivable | ($1.6m) | ($6.8m) | ($6.6m) | ($5.6m) | $14.7m | ($2.3m) | ($11.1m) | |
| Purchase accounting fair value adjustment related to inventory | — | — | — | $0 | $0 | $13.6m | — | |
| (Increase) decrease in inventory | ($67k) | ($195k) | ($978k) | ($44k) | ($734k) | ($6.7m) | ($38.3m) | |
| Increase (decrease) in accounts payable and accrued expenses | $2.6m | $10.4m | ($1k) | ($3.3m) | $4.4m | ($11.7m) | $13.3m | |
| Increase (decrease) in deferred revenue | $3.6m | ($4.5m) | $8.3m | $22.7m | $3.2m | ($34.0m) | — | |
| Other | $0 | ($6k) | $208k | ($238k) | $2.0m | ($1.5m) | — | |
| (Increase) decrease in prepaid expenses and other assets | ($568k) | ($527k) | $266k | ($928k) | ($1.9m) | ($4.4m) | — | |
| Increase (decrease) in other liabilities | ($5.7m) | $564k | $1.8m | ($960k) | $9.7m | $6.3m | — | |
| Net cash provided by (used in) operating activities | ($97k) |
($37.4m)
-38346.81%
|
($31.7m)
+15.26%
|
$1.2m
+103.89%
|
($17.3m)
-1509.26%
|
($177.3m)
-922.20%
|
($76.2m)
+57.04%
|
|
| Purchases of property, plant and equipment | ($917k) | ($2.1m) | ($3.6m) | ($5.6m) | ($6.4m) | ($13.5m) | — | |
| Net cash provided by (used in) investing activities | ($166.2m) | ($38.5m) | ($37.4m) | ($8.3m) | ($7.2m) | ($175.1m) | ($29.8m) | |
| Loss on extinguishment of debt | — | — | — | $0 | $0 | $996k | — | |
| Proceeds received from debt | $81.3m | $53.0m | $22.7m | $36.7m | $46.0m | $191.1m | — | |
| Repayments of debt | ($4.7m) | ($52.8m) | ($23.7m) | ($26.7m) | ($8.9m) | ($234.2m) | ($238.4m) | |
| Payment of debt issuance fees | $0 | ($62k) | ($1.3m) | ($163k) | ($780k) | ($105k) | — | |
| Proceeds from issuance of common stock | — | $0 | $3.0m | $1.2m | $2.7m | $518.4m | $755.9m | |
| Net cash provided by (used in) financing activities | $167.6m |
$74.2m
-55.73%
|
$76.6m
+3.17%
|
$9.1m
-88.17%
|
$43.7m
+382.52%
|
$397.5m
+809.27%
|
$585.5m
+47.29%
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash | $22.1m | ($1.6m) | $7.8m | $2.0m | $18.8m | $46.1m | — | |
| Cash, cash equivalents and restricted cash at beginning of period | $22.1m | $20.5m | $28.3m | $30.3m | $49.1m | $95.2m | — | |
| Effect of foreign currency rate changes on cash, cash equivalents and restricted cash | $343k | $136k | $272k | ($2k) | ($376k) | $1.0m | — | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Equity-based compensation expense | $0 | $27.1m | $10.8m | $8.7m | $11.3m | $59.0m | — | |
| (Gain) loss on sale of joint ventures | — | — | — | $0 | ($1.3m) | $0 | — | |
| (Gain) loss on change in fair value of committed equity facility | — | $0 | $631k | $255k | $0 | $0 | — | |
| (Gain) loss on change in fair value of warrants | $0 | ($2.6m) | ($17.8m) | $2.0m | $52.0m | ($16.1m) | — | |
| Non-cash lease expense | — | — | $264k | $327k | $227k | $488k | — | |
| Non-cash interest expense | — | $0 | $690k | $525k | $0 | $0 | — | |
| (Increase) decrease in contract assets | $11k | ($5.0m) | $813k | ($5.4m) | ($7.1m) | $863k | — | |
| Increase (decrease) in operating lease liabilities | — | — | $0 | ($325k) | ($342k) | ($232k) | — | |
| Increase (decrease) in notes payable to sellers | $0 | ($608k) | $0 | ($557k) | $0 | $0 | — | |
| Acquisition of businesses, net of cash acquired | ($79.5m) | ($40.6m) | ($33.2m) | $0 | ($881k) | ($151.8m) | — | |
| Net proceeds from sale of joint ventures | — | — | — | $0 | $4.6m | $0 | — | |
| Purchase of intangible assets | $0 | ($763k) | ($526k) | ($2.7m) | ($4.5m) | ($9.8m) | — | |
| Repayment of finance leases | — | $0 | ($55k) | ($395k) | ($479k) | ($534k) | — | |
| Proceeds from (repayment of) third-party advances | — | — | — | $0 | $7.8m | ($7.8m) | — | |
| Payment of equity issuance costs | — | — | — | ($571k) | $0 | ($1.7m) | — | |
| Payments of issuance costs related to convertible preferred stock | ($607k) | $0 | ($4.8m) | ($52k) | $0 | $0 | — | |
| Payment of contingent earnout | $0 | ($600k) | $0 | ($443k) | $0 | $0 | — | |
| Repurchase of convertible preferred stock | — | — | — | $0 | $0 | ($63.9m) | — |