← Champion Homes, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $5k | $15.8m | ($58.2m) | $58.2m | $84.9m | $248.0m | $401.8m | $146.7m | $201.6m | $214.2m | |
| Depreciation and amortization | $7.2m | $8.3m | $16.1m | $18.5m | $17.7m | $20.9m | $26.7m | $34.9m | $41.9m | $47.8m | |
| Amortization of deferred financing fees | $103k | — | $542k | $510k | $506k | $690k | $357k | $348k | $414k | $521k | |
| Deferred taxes | ($26.7m) | $12.9m | $3.0m | $11.8m | $3.6m | $3.0m | $1.1m | ($6.4m) | ($10.6m) | $13.9m | |
| (Gain) loss on disposal of property, plant, and equipment | ($1.3m) | ($122k) | ($37k) | $239k | ($61k) | $612k | ($129k) | $205k | $35k | ($2.6m) | |
| Dividends from equity method investment | — | — | — | — | — | — | $0 | $0 | $1.2m | $956k | |
| Cash paid for equity method investment | — | — | — | — | $0 | $0 | ($2.5m) | ($4.1m) | $0 | ($895k) | |
| Equity-based compensation | $161k | $642k | $102.0m | $8.3m | $6.0m | $9.8m | $14.2m | $19.6m | $18.3m | $20.9m | |
| Foreign currency transaction (gain) loss | $3.7m | ($547k) | $123k | $235k | ($519k) | ($83k) | $828k | $297k | $1.3m | ($488k) | |
| Equity in net (income) loss of affiliates | — | — | — | — | — | $0 | $0 | $7.0m | $2.0m | ($382k) | |
| Change in fair value of contingent consideration | — | — | — | — | — | — | $0 | $0 | $8.6m | $4.5m | |
| Accounts receivable | $2.4m | ($13.9m) | ($2.2m) | $11.9m | ($9.3m) | ($32.9m) | $23.1m | $18.9m | ($19.5m) | ($4.2m) | |
| Floor plan receivables | ($3.1m) | $3.4m | $157k | ($17k) | — | $0 | $0 | ($15.4m) | ($22.6m) | ($9.0m) | |
| Inventories | ($852k) | ($24.8m) | ($6.0m) | ($4.5m) | ($31.0m) | ($75.0m) | $49.2m | $22.4m | ($42.0m) | $20.1m | |
| Other assets | ($232k) | ($7.1m) | ($2.1m) | ($10.6m) | $967k | ($28.2m) | ($11.9m) | ($14.6m) | $15.6m | $5.8m | |
| Accounts payable | $7.8m | $7.7m | ($3.1m) | ($4.6m) | $16.4m | $34.8m | ($49.1m) | ($8.0m) | $14.4m | $4.3m | |
| Accrued expenses and other current liabilities | $18.0m | $28.1m | $15.1m | ($14.8m) | $64.7m | $42.8m | ($39.9m) | $16.7m | $30.1m | ($12.5m) | |
| Cash paid for acquisitions, net of cash acquired | ($14.7m) | — | $9.7m | — | ($52.5m) | ($207k) | ($6.8m) | ($283.2m) | $0 | ($27.3m) | |
| Cash paid for investment in ECN common stock | — | — | — | — | — | $0 | $0 | ($78.9m) | $0 | $0 | |
| Cash paid for investment in ECN preferred stock | — | — | — | — | — | $0 | $0 | ($64.5m) | $0 | $0 | |
| Investment in floor plan loans | — | — | — | — | — | $0 | $0 | ($18.5m) | $0 | $0 | |
| Proceeds from floor plan loans | — | — | — | — | — | $0 | $0 | $15.7m | $2.7m | $0 | |
| Changes in floor plan financing, net | $4.1m | $12.0m | $3.5m | $592k | ($8.2m) | $9.7m | ($35.5m) | $15.4m | $14.8m | ($11.6m) | |
| Payments for deferred financing fees | — | ($369k) | ($2.2m) | — | $0 | ($1.1m) | $0 | $0 | $0 | ($1.0m) | |
| Stock option exercises | — | — | $1.6m | $112k | $55k | $1.4m | $2.5m | $1.5m | $473k | $4.1m | |
| Tax payments for equity-based compensation | — | — | ($5.2m) | ($2.1m) | ($1.7m) | ($3.0m) | ($4.0m) | ($5.9m) | ($8.3m) | ($5.3m) | |
| Net cash provided by operating activities | $2.9m | $31.6m | $65.2m | $76.7m | $153.9m | $224.5m | $416.2m | $222.7m | $240.9m | $303.9m | |
| Additions to property, plant, and equipment | ($1.4m) | ($9.4m) | ($12.1m) | ($15.4m) | ($8.0m) | ($32.0m) | ($52.2m) | ($52.9m) | ($50.5m) | ($34.1m) | |
| Proceeds from disposal of property, plant, and equipment | $2.2m | $551k | $56k | $196k | $1.9m | $219k | $375k | $649k | $1.6m | $5.2m | |
| Net cash (used in) investing activities | $857k | ($8.6m) | ($2.0m) | ($14.1m) | ($56.8m) | ($32.0m) | ($61.2m) | ($485.7m) | ($46.2m) | ($57.2m) | |
| Payments on long term debt | — | — | — | — | — | $0 | $0 | ($77k) | $0 | ($1.1m) | |
| Payments for repurchase of common stock | — | — | — | — | — | — | $0 | $0 | ($80.0m) | ($200.0m) | |
| Distributions to noncontrolling interest | — | — | — | — | — | — | — | $0 | $0 | ($7.3m) | |
| Net cash (used in) provided by financing activities | $3.7m | $10.3m | ($72.5m) | $21.6m | ($47.8m) | ($19.9m) | ($37.0m) | $10.9m | ($73.0m) | ($222.2m) | |
| Effect of exchange rate changes on cash and cash equivalents | ($586k) | $586k | ($662k) | ($1.4m) | $3.9m | $256k | ($6.0m) | ($280k) | ($6.4m) | $3.5m | |
| Net increase (decrease) in cash and cash equivalents | $17.8m | $33.9m | ($10.0m) | $82.8m | $53.1m | $172.8m | $312.0m | ($252.4m) | $115.3m | $27.9m | |
| Cash and cash equivalents at beginning of period | $102.7m | $136.6m | $126.6m | $209.5m | $262.6m | $435.4m | $747.5m | $495.1m | $610.3m | $638.3m | |
| Cash paid for interest | $3.4m | $5.0m | $5.0m | $4.0m | $3.6m | $2.7m | $2.9m | $3.9m | $8.4m | $8.9m | |
| Cash paid for income taxes | $3.3m | $13.0m | $13.5m | $22.3m | $17.5m | $73.8m | $143.6m | $59.1m | $59.2m | $38.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.