← Westrock Coffee Co
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net loss | ($128.9m) | ($21.3m) | ($55.5m) | ($34.6m) | ($80.3m) | ($90.4m) | — | |
| Depreciation and amortization | $23.8m | $25.5m | $24.2m | $26.6m | $34.7m | $55.8m | $62.7m | |
| Amortization of deferred financing fees included in interest expense | $1.3m | $1.8m | $1.7m | $3.5m | $3.2m | $4.6m | — | |
| Deferred income tax expense (benefit) | ($18.3m) | ($3.4m) | ($2.0m) | ($6.5m) | $3.3m | ($3.1m) | ($3.2m) | |
| Impairment charges | $82.1m | — | — | — | $5.7m | — | — | |
| Proceeds from sale of equity method investments and non-marketable securities | — | — | — | — | — | $500k | — | |
| Acquisition of equity method investments and non-marketable securities, inclusive of cash contributed | — | — | — | ($1.4m) | — | ($3.0m) | — | |
| Accounts receivable | $965k | ($20.1m) | ($16.8m) | $1.7m | ($2.8m) | ($7.0m) | ($10.4m) | |
| Proceeds from deferred purchase price of sold trade receivables | — | — | — | — | — | $8.8m | — | |
| Net change in unremitted cash collections from servicing factored receivables | — | — | — | — | — | $13.8m | — | |
| Amounts obtained as beneficial interest in sold trade receivables | — | — | — | — | — | $10.6m | — | |
| Inventories | $16.9m | ($16.5m) | ($46.8m) | $915k | ($6.6m) | ($46.9m) | $31.0m | |
| Accounts payable | ($32.1m) | $18.7m | $27.6m | ($59.3m) | $5.7m | $34.5m | $2.0m | |
| Accrued liabilities and other | $19.4m | $3.2m | $2.7m | ($5.8m) | $3.0m | $23.4m | $18.4m | |
| Other | — | — | $1.2m | $2.5m | $1.3m | ($3.3m) | — | |
| Prepaid expense and other assets | ($351k) | ($401k) | ($15.5m) | ($1.9m) | $2.0m | $3.3m | — | |
| Net cash used in operating activities | ($13.4m) |
$2.9m
+121.39%
|
($56.6m)
-2068.30%
|
($64.1m)
-13.13%
|
($13.2m)
+79.33%
|
($19.0m)
-43.58%
|
$25.0m
+231.26%
|
|
| (Gain) loss on disposal of property, plant and equipment | $7.8m | $243k | $935k | $1.2m | ($1.7m) | $1.3m | — | |
| Additions to property, plant and equipment | ($19.5m) | ($25.1m) | ($63.3m) | ($164.6m) | ($159.6m) | ($88.8m) | — | |
| Proceeds from sale of property, plant and equipment | $987k | $2.8m | $4.1m | $206k | $13.9m | $462k | $507k | |
| Property, plant and equipment acquired but not yet paid | $2.0m | $184k | $8.8m | $23.1m | $32.6m | $12.9m | — | |
| Net cash used in investing activities | ($411.8m) | ($22.6m) | ($74.2m) | ($168.4m) | ($145.9m) | ($82.2m) | ($23.5m) | |
| Payments on debt | ($122.0m) | ($111.3m) | ($438.6m) | ($199.2m) | ($181.2m) | ($126.5m) | — | |
| Proceeds from debt | $353.0m | $119.7m | $328.5m | $258.5m | $278.1m | $185.9m | — | |
| Payment of debt issuance costs | ($8.2m) | ($1.4m) | ($6.0m) | ($3.2m) | ($3.3m) | ($4.0m) | — | |
| Proceeds from issuance of common stock | — | — | $255.7m | $118.8m | $635k | $12.1m | $0 | |
| Payment for taxes for net share settlement of equity awards | — | ($162k) | ($477k) | ($3.0m) | ($2.1m) | ($2.1m) | — | |
| Net cash provided by financing activities | $442.6m |
$23.8m
-94.61%
|
$134.7m
+464.94%
|
$244.2m
+81.33%
|
$156.6m
-35.86%
|
$136.7m
-12.72%
|
($5.4m)
-103.95%
|
|
| Net increase (decrease) in cash and cash equivalents and restricted cash | $17.3m | $4.2m | $3.5m | $11.4m | ($2.3m) | $35.5m | — | |
| Cash and cash equivalents and restricted cash at beginning of period | $1.4m | $18.7m | $22.9m | $26.4m | $37.8m | $71.0m | — | |
| Effect of exchange rate changes on cash | ($38k) | $149k | ($344k) | ($360k) | $260k | ($49k) | ($1k) | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Equity-based compensation | $1.6m | $1.2m | $2.6m | $8.7m | $11.6m | $14.6m | — | |
| Provision for credit losses | $4.5m | $439k | $1.8m | $979k | $2.3m | $1.9m | — | |
| Write-off of unamortized deferred financing fees | — | — | $4.3m | — | — | $137k | — | |
| Gain on de-consolidation of Rwanda Trading Company | — | — | — | — | — | ($2.3m) | — | |
| Mark-to-market adjustments | ($217k) | ($3.6m) | $3.5m | ($104k) | ($4.6m) | $629k | — | |
| Change in fair value of warrant liabilities | — | — | $29.7m | ($10.2m) | ($7.0m) | $0 | — | |
| Foreign currency transactions | $498k | $492k | $667k | $1.9m | $598k | ($141k) | — | |
| Derivative assets and liabilities | $1.5m | $14.9m | ($22.9m) | $6.4m | $16.4m | ($6.0m) | — | |
| Additions to intangible assets | — | ($321k) | ($167k) | ($173k) | ($173k) | ($174k) | — | |
| Acquisition of business, net of cash acquired | ($393.3m) | — | ($14.9m) | ($2.4m) | — | — | — | |
| Payments on supply chain financing program | — | — | — | ($32.1m) | ($163.9m) | ($181.5m) | — | |
| Proceeds from supply chain financing program | — | — | — | $110.2m | $164.6m | $199.3m | — | |
| Proceeds from convertible notes payable | — | — | — | — | $22.0m | $18.5m | — | |
| Proceeds from convertible notes payable - related party | — | — | $11.7m | — | $50.0m | $11.5m | — | |
| Payment of convertible notes payable issuance costs | — | — | — | — | ($511k) | ($1.2m) | — | |
| Net proceeds from (repayments of) repurchase agreements | — | — | $14.6m | ($6.3m) | ($7.7m) | $11.2m | — | |
| Proceeds from exercise of stock options | — | ($162k) | $375k | $848k | $12k | — | — | |
| Proceeds from exercise of Public Warrants | — | — | — | $2.6m | — | — | — | |
| Payment of equity issuance costs | — | — | ($24.0m) | ($1.0m) | ($10k) | ($181k) | — | |
| Payment for purchase of non-controlling interest | — | — | — | ($2.0m) | — | — | — | |
| Cash paid for interest | $20.8m | $28.5m | $30.4m | $29.4m | $37.6m | $49.4m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.