Shimmick Corp

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations $2.9m ($2.3m) ($124.7m) ($25.4m) ($20.1m)
Net loss $2.9m ($2.3m) ($124.7m) ($25.4m)
Net Income (Loss) Attributable to Parent $3.8m
($2.5m) -167.71%
($124.7m) -4799.76%
($25.6m) +79.49%
Net Income (Loss) Attributable to Noncontrolling Interest ($853k) $260k $0 $159k
Depreciation, Depletion and Amortization $16.0m $17.1m $15.1m $13.0m $13.0m $12.4m
Amortization of Intangible Assets $2.6m $2.6m $3.0m $3.0m
Depreciation $13.0m $14.3m $12.3m $10.1m $13.0m $14.6m
Amortization Cash Flow $2.6m $2.6m
Amortization Of Intangibles $2.6m $2.6m $2.6m
Depreciation Amortization Depletion $16.0m $17.1m $15.1m $13.0m $12.4m
Deferred Income Tax Expense (Benefit) ($24.1m) $0 $0 $0 $0
Deferred Tax ($24.1m) $0
Share-based Payment Arrangement, Noncash Expense $2.3m $2.1m $6.1m $5.2m $4.2m
Share-based Payment Arrangement, Expense $2.0m $2.0m $6.0m $5.0m $4.2m
Stock-based compensation $2.3m $2.1m $6.1m $6.1m $5.2m $4.2m
Impairment of Intangible Assets, Finite-lived $0 $0 $0 $0
ERP pre-implementation asset impairment $10.4m $0
Asset Impairment Charge $0 $10.4m $0 $0
Income (Loss) from Equity Method Investments $52.5m $10.4m ($4.7m) $1.5m
Other Nonoperating Income (Expense) ($8.7m) ($2.7m) ($959k) $636k
Earnings (Loss)es From Equity Investments $7.2m $4.3m $5.4m $4.9m $3.5m
Changes in operating assets and liabilities:
Change In Working Capital ($40.9m) ($77.4m) $83.2m ($66.3m) ($39.4m)
Increase (Decrease) in Accounts Receivable ($41.6m) ($2.3m) ($11.2m) ($12.8m) $1.9m
Accounts receivable, net $41.6m $2.3m $11.2m $12.8m $1.9m
Change In Receivables $1.9m ($6.8m) $115.3m ($27.3m) $1.9m
Changes In Account Receivables $41.6m $2.3m $11.2m $12.8m $1.9m
Increase (Decrease) in Accounts Payable $10.4m $13.7m ($35.1m) $23.1m $13.0m
Accounts payable $10.4m $13.7m ($35.1m) $23.1m $13.0m
Change In Payables And Accrued Expense $46.1m ($22.1m) ($25.2m) $18.7m $13.0m
Accrued expenses $31.5m ($26.9m) $9.9m ($4.4m) $8.0m
Change In Accrued Expense $35.6m ($35.8m) $9.9m ($4.4m) $8.0m
Other assets and liabilities $5.3m ($645k) $4.3m ($8.9m)
Change In Other Current Assets $826k $590k
Change In Other Current Liabilities ($4.7m) $1.1m
Net Cash Provided by (Used in) Operating Activities ($3.1m)
($88.1m) -2756.68%
($21.3m) +75.87%
($65.1m) -206.29%
($65.1m) 0.00%
($34.5m) +47.07%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $10.4m $7.0m $10.5m $6.4m ($6.4m) ($6.4m)
Return on investments in unconsolidated joint ventures $59.7m $14.7m $694k $6.4m
Return of investments in unconsolidated joint ventures $627k $16.3m $204k $2.8m
Net Other Investing Changes $1.7m $36.0m $31.8m $4.9m $4.9m
Net Cash Provided by (Used in) Investing Activities $4.2m $22.1m $15.0m $1.1m $1.1m $963k
Cash flows from financing activities:
Borrowings on credit and loan agreements $9.5m $129.5m
Issuance Of Debt $0 $0 $9.5m $129.5m $117.0m
Long Term Debt Issuance $0 $0 $9.5m $129.5m $117.0m
Net Issuance Payments Of Debt ($303k) $28.8m ($20.4m) $54.2m $34.5m
Net Long Term Debt Issuance ($303k) $28.8m ($20.4m) $54.2m $34.5m
Long Term Debt Payments ($303k) ($1.1m) ($29.9m) ($75.3m) ($82.4m)
Repayment Of Debt ($303k) ($1.1m) ($29.9m) ($75.3m) ($82.4m)
Issuance Of Capital Stock $0 $25.0m $0 $0
Common Stock Issuance $0 $25.0m $0 $0
Proceeds from (Payments for) Other Financing Activities $0 ($842k) ($1.5m) ($4.1m)
Net Other Financing Charges ($628k) ($6.0m) ($1.5m) ($4.1m) ($3.5m)
Net Cash Provided by (Used in) Financing Activities ($931k)
$47.9m +5242.32%
($21.9m) -145.74%
$50.1m +328.59%
$50.1m 0.00%
$31.0m -38.01%
Net (decrease) increase in cash, cash equivalents and restricted cash $182k ($18.2m) ($28.1m) ($13.9m)
Beginning Cash Position $81.9m $82.1m $63.9m $35.8m $19.1m
Cash, cash equivalents and restricted cash, beginning of period $82.1m $63.9m $35.8m $21.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $82.1m $63.9m $35.8m $21.9m $16.6m
Restricted cash $4.3m $971k $2.1m $1.9m
Total cash, cash equivalents and restricted cash $82.1m $63.9m $35.8m $21.9m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Gain (Loss) on Disposition of Assets $0 $31.8m $20.7m $75k
Gain (Loss) on Disposition of Business $0 $31.8m $20.7m $75k
Income Tax Expense (Benefit) $1.3m $0 ($963k) $0
Additional Financial Items
Operating Expenses $63.1m $64.1m $79.7m $54.6m
Equity in (earnings) loss of unconsolidated joint ventures ($52.5m) ($10.4m) $4.7m ($1.5m)
Gain on sale of assets $0 ($31.8m) ($20.7m) ($75k)
Other, net $9.5m ($47k) ($1.5m) ($4.1m)
Contract assets ($46.7m) ($9.3m) $104.1m ($40.2m)
Contract liabilities ($94.2m) ($47.9m) ($13.3m) ($48.8m)
Proceeds from sale of assets $1.7m $36.0m $31.8m $4.9m
Unconsolidated joint venture equity contributions ($19.7m) ($23.2m) ($6.5m) ($189k)
Repayments on credit and loan agreements $0 ($75.3m)
Net repayments of Revolving Credit Facility ($29.9m) $0
Cash Flow From Continuing Financing Activities ($931k) $47.9m ($21.9m) $50.1m $31.0m
Cash Flow From Continuing Investing Activities $4.2m $22.1m $15.0m $1.1m $963k
Change In Account Payable $10.4m $13.7m ($35.1m) $23.1m $13.0m
Change In Other Working Capital ($88.9m) ($48.6m) ($6.9m) ($57.7m) ($62.3m)
Change In Payable $10.4m $13.7m ($35.1m) $23.1m $13.0m
Change In Prepaid Assets $3.4m $3.6m
Changes In Cash $182k ($18.2m) ($28.1m) ($13.9m) ($2.5m)
End Cash Position $82.1m $63.9m $35.8m $21.9m $16.6m
Financing Cash Flow ($931k)
$47.9m +5242.32%
($21.9m) -145.74%
$50.1m +328.59%
$31.0m
Free Cash Flow ($13.5m) ($95.1m) ($31.7m) ($71.5m) ($40.9m)
Gain Loss On Sale Of Business $26.1m $59.7m $14.7m $694k $1.5m
Investing Cash Flow $4.2m $22.1m $15.0m $1.1m $963k
Net Business Purchase And Sale $12.9m ($6.9m) ($6.3m) $2.6m $2.6m
Net PPE Purchase And Sale ($10.4m) ($7.0m) ($10.5m) ($6.4m) ($6.4m)
Operating Gains Losses $7.2m ($27.5m) ($11.4m) $8.4m $7.1m
Other Non Cash Items ($244.7m) $9.5m ($47k) $3.9m
Purchase Of Business ($19.7m) ($23.2m) ($6.5m) ($189k) ($189k)
Purchase Of PPE ($10.4m) ($7.0m) ($10.5m) ($6.4m) ($6.4m)
Sale Of Business $32.6m $16.3m $204k $2.8m $2.8m
Sale Of PPE $1.7m $1.7m
Proceeds from Noncontrolling Interests $0 $301k
Cash and cash equivalents $77.8m $62.9m $33.7m $20.0m $19.1m
Change In Cash Supplemental As Reported $182k ($18.2m) ($28.1m) ($13.9m)
Interest Paid Supplemental Data $72k $164k