← BRC Group Holdings, 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 | $21.5m | $11.6m | $15.5m | $81.6m | $204.0m | $445.1m | ($159.8m) | ($99.9m) | ($764.3m) | $307.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $32.7m | $11.9m | $16.4m | $81.3m | $204.0m | $450.8m | ($167.8m) | ($108.0m) | ($772.3m) | $299.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $32.7m | $11.9m | $16.4m | $81.9m | $204.0m | $450.8m | ($156.6m) | ($105.6m) | ($774.9m) | $310.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | ($900.9m) | $239.4m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $125.9m | $70.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $11.2m | $379k | $891k | $337k | ($1.1m) | $5.7m | $3.2m | ($5.7m) | ($10.7m) | $2.9m | |
| Depreciation, Depletion and Amortization | $4.3m | $11.1m | $13.8m | $19.0m | $19.4m | $25.9m | $40.0m | $49.6m | $45.4m | $35.2m | |
| Amortization | $3.3m | $7.4m | $9.1m | $13.8m | $15.7m | $22.0m | $34.3m | $40.1m | $35.1m | $27.2m | |
| Amortization of Debt Issuance Costs | — | ($4.3m) | ($7.3m) | ($3.4m) | ($3.4m) | $305k | $586k | ($28.0m) | ($3.5m) | ($13.3m) | |
| Depreciation | $1.1m | $3.7m | $4.7m | $5.2m | $3.6m | $3.9m | $5.7m | $9.5m | $10.2m | $7.0m | |
| Deferred Income Tax Expense (Benefit) | $3.5m | $4.7m | $2.0m | $10.9m | $61.6m | $61.8m | ($80.4m) | ($40.9m) | $25.9m | $11.5m | |
| Share-based Payment Arrangement, Noncash Expense | $2.8m | $10.3m | $13.0m | $15.9m | $18.6m | $36.0m | $61.1m | $45.1m | $19.1m | $14.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.2m | $3.5m | — | — | — | $9.6m | $10.3m | $7.6m | $3.2m | $0 | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $70.3m | $105.4m | $1.5m | |
| Goodwill, Impairment Loss | — | — | — | — | $12.5m | — | $0 | $53.1m | $84.3m | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | $1.1m | — | — | — | $4.2m | — | $16.0m | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | $0 | — | — | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | $4.9m | ($9.0m) | $163k | $1.0m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $1.6m | $6.5m | $10.2m | ($4.7m) | $120k | $21.3m | |
| Income (Loss) from Equity Method Investments | — | ($437k) | $8.0m | ($1.4m) | ($623k) | $2.8m | $3.6m | ($181k) | $31k | $35.0m | |
| Income Tax Expense (Benefit) | $14.3m | $8.5m | $4.9m | $34.6m | $75.4m | $164.0m | ($63.9m) | ($36.7m) | $22.1m | ($9.9m) | |
| Operating Lease, Expense | — | — | — | $12.6m | $13.4m | $15.2m | $17.5m | — | — | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | $437k | ($2.6m) | ($21.4m) | $623k | ($2.8m) | ($3.6m) | $181k | ($31k) | ($35.0m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | $33.9m | ($24.5m) | $715k | ($6.6m) | ($26.4m) | ($2.2m) | ($6.8m) | |
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | $8.3m | $0 | $0 | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | $0 | $0 | $217.5m | $66.8m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | — | — | ($49.0m) | $36.1m | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | ($238k) | ($639k) | $1.3m | $2.2m | $2.8m | $2.8m | $294k | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($973k) | $769k | $916k | $78k | $460k | ($127k) | ($754k) | $310k | $247k | $473k | |
| Gain (Loss) on Investments | — | — | — | — | — | — | ($201.1m) | ($162.6m) | ($263.7m) | $62.7m | |
| Gain (Loss) on Sale of Derivatives | $117k | $31k | $91k | — | — | — | — | — | ($163k) | — | |
| Goodwill | $48.9m | $98.8m | $223.4m | $223.7m | $227.0m | $250.6m | $512.6m | $472.3m | $423.1m | $392.7m | |
| Investment Income, Interest | $318k | $420k | $1.3m | — | $564k | — | $2.7m | $3.9m | $3.6m | $3.7m | |
| Operating Expenses | $141.6m | $293.3m | $377.6m | $485.5m | $558.0m | $1.0b | — | — | — | — | |
| Payments for Repurchase of Warrants | — | — | — | $2.8m | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | — | — | — | — | — | $13.7m | $21.1m | $6.1m | — | — | |
| Restructuring Costs | $694k | — | — | — | — | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $423.0m | — | $68.7m | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $80.3m | ($81.8m) | ($104.8m) | ($30.4m) | $57.7m | $50.9m | $6.7m | $24.5m | $263.6m | ($59.7m) | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $729k | $825k | $5.4m | $3.5m | $2.0m | $676k | $3.9m | $7.7m | $8.0m | $11.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $33.4m | $2.1m | $53.9m | $2.2m | — | — | — | $26.2m | $19.1m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($36.9m) | ($33.6m) | ($151.4m) | ($295.4m) | ($128.4m) | ($956.5m) | ($32.3m) | $301.2m | $440.5m | $311.5m | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | $22.8m | — | — | $63k | $0 | $64.7m | $0 | $115.0m | $0 | $0 | |
| Payments for Repurchase of Common Stock | — | — | $18.7m | $4.3m | $48.2m | $2.7m | $6.5m | $69.5m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $5.3m | $16.8m | $22.7m | $41.1m | $38.8m | $347.1m | $119.5m | $141.1m | $33.7m | $0 | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $604k | $13.7m | $0 | $0 | $3.9m | $0 | |
| Payments of Dividends | $5.3m | $16.8m | $22.7m | $41.1m | $38.8m | $347.1m | $119.5m | $141.1m | $33.7m | $0 | |
| Dividends Payable, Current | — | — | — | — | — | $28.5m | $33.9m | $18.9m | $2.5m | $611k | |
| Net Cash Provided by (Used in) Financing Activities | $40.4m | $134.1m | $284.9m | $250.2m | $69.5m | $1.1b | $17.6m | ($365.9m) | ($671.9m) | ($279.4m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($860k) | $73k | $1.3m | ($382k) | ($933k) | $3.2m | ($9.3m) | $202k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $86.6m | $34.5m | $28.6m | ($75.6m) | $98k | $175.0m | ($8.9m) | ($37.1m) | $22.8m | ($27.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $86.6m | $34.5m | $180.3m | $104.7m | $104.8m | $279.9m | $270.9m | $233.8m | $256.7m | $229.3m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $376k | $18.8m | $50.1m | $75.6m | $98.6m | $138.4m | $193.4m | $315.3m | $239.7m | $97.0m | |
| Income Taxes Paid, Net | $685k | $15.0m | ($6.5m) | ($8.6m) | $2.4m | $88.2m | $49.4m | $20.1m | $7.1m | $5.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.