← Smart Logistics Global Ltd

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net income (Loss) $10.4m $17.4m $12.4m $23.6m $45.5m $9.4m $8.7m ($18.2m)
Net Income From Continuing Operations — — — — $35.9m $9.4m $8.7m ($18.2m)
Depreciation and amortization of property, equipment and software $4.5m $5.2m $6.3m $6.5m $7.3m $2.3m $1.7m $1.5m
Amortization of land use right — — — — — $191k $191k $191k
Amortization of right-of-use assets — — — — — $646k $658k $464k
Amortization of intangible assets $9.9m $10.0m $10.3m $10.1m $11.4m $15.3m $10.5m $10.6m
Amortization of debt issuance costs $243k $226k $305k $522k $500k $510k $484k $400k
Amortization Cash Flow — — — — $191k $191k $191k $191k
Amortization Of Intangibles — — — — $191k $191k $191k $191k
Depreciation — — — — $4.3m $2.9m $2.4m $2.0m
Depreciation Amortization Depletion — — — — $4.5m $3.1m $2.6m $2.2m
Deferred income tax ($2.2m) ($674k) ($411k) ($3.4m) ($2.6m) $548k ($58k) ($4.5m)
Deferred Tax — — — — $820k $548k ($58k) ($4.5m)
Share-based compensation $1.5m $1.6m $1.7m $1.1m $1.8m $2.5m $2.6m $27.0m
(Gain) Loss on disposal of property, plant and equipment — ($11k) $182k $358k $186k $103k ($280) $6k
Operating lease right-of-use assets obtained in exchange for operating lease liabilities — — — — — $247k — $209k
Operating lease right-of-use assets — — — $7.6m $8.8m $10.9m $11.3m $11.3m
Gain on disposal of property, technology, and equipment $5k ($11k) ($103k) $358k $186k $103k $33k $6k
Foreign exchange (gain) loss — — — — — ($42k) ($16k) $6k
Inventories — — — — — ($81k) ($150k) $227k
Accounts receivable ($21.8m) $11.6m $20.6m ($43.9m) ($63.9m) $2.9m ($1.4m) $8.7m
Prepayment and other current assets $533k ($1.8m) ($3.0m) $115k ($1.3m) $2.7m ($489k) ($69.2m)
Interest receivable — — — — — ($5.2m) ($2.9m) —
Other non-current assets — — — — — ($815k) $791k $5.0m
Contract assets $0 $16.2m $1.4m ($28.7m) ($5.2m) $3.1m $4.0m $15.5m
Advances from customers — — — — — ($369k) $122k $18k
Accounts payable $3.5m ($12.1m) ($9.6m) $39.8m $26.4m $26.8m ($2.2m) ($8.1m)
Accrued expenses and other current liabilities — ($7.4m) ($8.0m) $504k $1.3m ($67k) $1.6m $679k
Lease liabilities — — — ($7.5m) ($8.7m) ($610k) ($625k) ($471k)
Other non-current liabilities — — — — — $370k ($40k) ($300k)
Income tax payable — — — — — ($3.1m) $2.6m $724k
Purchase of property, equipment and software $5.7m ($6.4m) ($5.2m) ($11.4m) ($7.5m) ($13.5m) ($243k) ($298k)
Loans provided to third-party suppliers — — — — — ($27.0m) ($25.0m) —
Repayment from loan provided to third-party suppliers — — — — — $103.7m $60.1m —
Loan provided to the controlling shareholder — — — — — ($134.2m) — —
Repayment from loan provided to the controlling shareholder — — — — — $14.2m — —
Proceeds from initial public offering — — — — — — — $34.9m
Loan received from the bank — — — — — $28.8m $31.0m $34.9m
Repayment of bank loan — — — — — ($13.8m) ($23.0m) ($31.0m)
Amount received from controlling shareholder — — — — — $19.4m $12.0m $8.4m
Amount repaid to the controlling shareholder — — — — — ($1.3m) ($17.6m) ($4.9m)
Repayment of long-term loan to a third-party customer — — — — — ($4.9m) — —
Payment of deferred issuance cost — — — — — ($5.2m) ($4.6m) ($8.9m)
Cash, beginning of year — $7.0m $5.4m $35.4m $14.3m $13.7m $10.5m $3.1m
Settlement of the balance due from and due to the controlling shareholder — — — — — — $123.3m —
Offset balance of loan receivable and accounts payable with the same third-party suppliers — — — — — $16.6m — —
Change in fair value of contingent consideration ($1.2m) ($1.2m) $1.8m $4.3m $767k ($646k) ($450k) ($2.5m)
Change in fair value of interest rate swap contracts — — — — — ($383k) $1.2m $1.0m
Gain on forgiveness of debt — — $0 ($6.0m) $0 — — —
Other — — $499k ($251k) $1.5m $589k ($305k) $1.7m
Income tax receivable ($1.7m) $1.6m ($266k) — — — ($3.5m) $359k
Operating partner commissions payable $3.5m ($472k) ($3.8m) $5.9m $3.7m ($371k) ($5.2m) ($2.8m)
Payment of contingent consideration ($2.9m) ($626k) ($280k) $0 ($1.4m) ($2.5m) ($3.5m) $0
Acquisitions, net of cash acquired ($741k) $0 ($9.2m) $0 ($38.4m) ($3.2m) ($6.8m) ($28.5m)
Proceeds from revolving credit facility — $859.2m $586.3m $6.4m $116.1m $67.5m $0 $45.2m
Repayments of revolving credit facility — ($866.9m) ($570.1m) ($21.4m) ($68.6m) ($130.0m) $0 ($25.2m)
Repayments of notes payable and finance lease liabilities — ($3.7m) ($4.3m) ($4.7m) ($5.1m) ($5.0m) ($4.8m) ($917k)
Distributions to non-controlling interest ($156k) ($930k) ($1.3m) ($1.0m) ($1.1m) ($600k) ($591k) ($225k)
Proceeds from exercise of stock options — $0 $625k $1.4m $407k $343k $7k $1.2m
Payments of employee tax withholdings related to restricted stock units and stock options ($390k) ($277k) ($510k) ($503k) ($531k) ($476k) ($371k) ($565k)
Income taxes — — — — ($885k) ($3.7m) ($3.5m) —
Income tax receivable/payable — — ($266k) $3.6m ($885k) — — —
Payments of contingent consideration ($413k) ($164k) ($47k) ($2.0m) ($1.1m) — — —
Proceeds from notes payable $0 $0 $5.9m $0 — — — —
Transition, lease termination, and other costs — ($11k) $500k — — — — —
Change in allowance for doubtful accounts $104k $184k $102k — — — — —
Payments to acquire intangible assets ($425k) ($262k) $0 — — — — —
Payment for preferred stock redemption $0 ($21.0m) $0 — — — — —
transition and lease termination costs $176k ($11k) $500k — — — — —
accrued expenses $561k ($6.1m) — — — — — —
other liabilities $337k ($62k) — — — — — —
deferred rent liability $138k ($119k) — — — — — —
transition and lease termination liability ($917k) ($1.1m) — — — — — —
Purchases of technology and equipment ($5.7m) ($6.4m) $5.2m $11.4m $7.5m $13.5m $243k $298k
Proceeds from sale of technology and equipment $134k $474k — — — — — —
Proceeds from (repayments to) credit facility, net $7.9m ($7.8m) — — — — — —
Repayments of notes payable ($3.4m) ($3.7m) — — — — — —
Beginning Cash Position — — — — $9.7m $9.4m $13.7m $10.5m
Cash Flow From Continuing Financing Activities — — — — $54.2m $23.0m ($47.1m) $33.5m
Cash Flow From Continuing Investing Activities — — — — ($81.7m) ($56.8m) $34.9m ($298k)
Change In Account Payable — — — — $10k $26.8m ($2.2m) ($8.1m)
Change In Accrued Expense — — — — $356k ($67k) $1.6m $679k
Change In Income Tax Payable — — — — ($43k) ($3.1m) $2.6m $724k
Change In Inventory — — — — $225k ($81k) ($150k) $227k
Change In Other Current Assets — — — — ($69k) ($815k) $791k $5.0m
Change In Other Current Liabilities — — — — ($280k) ($240k) ($665k) ($771k)
Change In Other Working Capital — — — — $277k ($369k) $122k $18k
Change In Payable — — — — ($32k) $23.7m $411k ($7.3m)
Change In Payables And Accrued Expense — — — — $324k $23.6m $2.0m ($6.7m)
Change In Prepaid Assets — — — — ($1.1m) $2.7m ($489k) ($69.2m)
Change In Receivables — — — — ($13.7m) $787k ($271k) $24.2m
Change In Tax Payable — — — — ($43k) ($3.1m) $2.6m $724k
Change In Working Capital — — — — ($14.3m) $25.6m $1.4m ($47.2m)
Changes In Account Receivables — — — — ($5.9m) $2.9m ($1.4m) $8.7m
Changes In Cash — — — — ($856k) $4.7m $297k ($7.5m)
End Cash Position — — — — $9.4m $13.7m $10.5m $3.1m
Financing Cash Flow — — — — $54.2m $23.0m ($47.1m) $33.5m
Free Cash Flow — — — — $17.8m $25.0m $12.3m ($41.0m)
Gain Loss On Sale Of PPE — — — — — $0 ($280) $6k
Investing Cash Flow — — — — ($81.7m) ($56.8m) $34.9m ($298k)
Issuance Of Capital Stock — — — — — $0 $0 $34.9m
Net Foreign Currency Exchange Gain Loss — — — — ($261k) ($42k) ($16k) $6k
Net PPE Purchase And Sale — — — — ($8.8m) ($13.5m) ($210k) ($298k)
Operating Gains Losses — — — — ($261k) ($42k) ($17k) $12k
Other Non Cash Items — — — ($700k) ($2.6m) — — —
Purchase Of PPE — — — — ($8.8m) ($13.5m) ($243k) ($298k)
Sale Of PPE — — — — — $0 $33k $0
Stock Based Compensation — — — — — $0 $0 $27.0m
Net cash provided by (used in) operating activities $4.8m $39.8m $29.9m $14.1m $24.9m $38.6m $12.5m ($40.7m)
Proceed from disposal of property, plant and equipment — $474k $182k $358k $186k $103k $33k $163k
Net Other Investing Changes — — — ($47.5m) ($72.9m) ($43.3m) $35.1m —
Net cash (used in) provided by investing activities ($6.8m) ($6.2m) ($14.1m) ($11.1m) ($45.7m) ($56.8m) $34.9m ($298k)
Payments of debt issuance costs ($89k) $0 ($1.9m) $0 $0 ($904k) ($119k) $0
Issuance Of Debt — — — — $31.0m $28.8m $31.0m $34.9m
Net Issuance Payments Of Debt — — — — $5.0m $10.1m $8.0m $3.9m
Net Long Term Debt Issuance — — — — $0 ($4.9m) $0 $0
Net Short Term Debt Issuance — — — — $5.0m $15.0m $8.0m $3.9m
Short Term Debt Issuance — — — — $31.0m $28.8m $31.0m $34.9m
Long Term Debt Payments — — — — $0 ($4.9m) $0 $0
Repayment Of Debt — — — — ($26.0m) ($18.7m) ($23.0m) ($31.0m)
Short Term Debt Payments — — — — ($26.0m) ($13.8m) ($23.0m) ($31.0m)
Proceeds from sale of common stock — — — — $244k $0 — —
Common Stock Issuance — — — — — $0 $0 $34.9m
Net Common Stock Issuance — — — — — $0 $0 $34.9m
Repurchases of common stock $0 $0 ($2.5m) ($1.9m) ($11.3m) ($11.1m) ($4.1m) ($798k)
Dividend paid — — — — — — ($45.0m) —
Payments of preferred stock dividends ($2.0m) ($1.3m) $0 — — — — —
Cash Dividends Paid — — — — — $0 ($45.0m) $0
Common Stock Dividend Paid — — — — — $0 ($45.0m) $0
Net Other Financing Charges — — — — $49.2m $12.9m ($10.2m) ($5.4m)
Net cash provided by (used in) financing activities $1.4m ($35.1m) $12.3m ($23.7m) $28.9m $23.0m ($47.1m) $33.5m
Effect of exchange rate changes — — — — $542k ($426k) ($3.5m) $120k
Effect of exchange rate changes on cash and cash equivalents $1.8m ($101k) $1.4m ($367k) $2.6m $1.0m ($100k) $65k
Net increase (decrease) in cash — ($1.6m) $29.4m ($21.1m) $10.7m $4.3m ($3.2m) ($7.4m)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS $1.2m ($1.6m)
Restricted cash — — — — $625k $606k $0 —
Cash and cash equivalents $5.8m $7.0m — $13.7m $24.4m $32.5m $24.9m —
Long-term restricted cash — — — $648k $625k — — —
Change In Cash Supplemental As Reported — — — — ($314k) $4.3m ($3.2m) ($7.4m)
Interest paid $2.9m $2.8m $2.6m $2.0m $2.6m $1.1m $1.2m $1.2m
Income tax paid $4.1m $4.4m $3.9m $6.5m $16.5m $8.5m $4.8m $6.5m
Income taxes paid $4.1m $4.4m $3.9m $6.5m $16.5m $13.6m $7.0m $6.6m

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