← Xunlei Ltd
| 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 From Continuing Operations | — | — | — | — | — | — | $21.3m | $14.3m | $663k | $1.0b | |
| Net Income (Loss) Attributable to Parent | ($24.1m) | ($37.8m) | ($39.3m) | ($53.2m) | ($13.8m) | $1.2m | $21.5m | $14.2m | $1.2m | $1.0b | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($24.1m) | ($37.8m) | — | — | — | $1.2m | $21.5m | $14.2m | $1.2m | $1.0b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($24.2m) | ($37.8m) | ($39.5m) | ($53.4m) | ($14.1m) | $1.1m | $21.3m | $14.3m | $663k | $1.0b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($24.0m) | ($44.2m) | ($40.8m) | ($53.4m) | ($14.1m) | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($24.0m) | ($44.2m) | ($40.8m) | ($53.4m) | ($14.1m) | $1.1m | $21.3m | $14.3m | $663k | $1.0b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($207k) | $6.4m | $1.3m | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($72k) | $13k | ($212k) | ($246k) | ($300k) | ($83k) | ($116k) | $41k | ($552k) | ($655k) | |
| Amortization of Intangible Assets | $2.2m | $2.1m | $1.2m | $1.2m | $1.2m | $1.1m | $1.1m | $1.1m | $1.8m | $3.5m | |
| Depreciation | $6.2m | $7.9m | $5.6m | $5.8m | $9.3m | $6.3m | $2.7m | $4.4m | $4.7m | $5.0m | |
| Amortization Cash Flow | — | — | — | — | — | — | $1.1m | $1.1m | $1.8m | $3.5m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $1.1m | $1.1m | $1.8m | $3.5m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $3.8m | $6.1m | $6.9m | $9.5m | |
| Deferred Income Tax Expense (Benefit) | ($1.3m) | ($2.2m) | $382k | $4.4m | $966k | ($178k) | ($382k) | ($428k) | ($10.1m) | ($2.9m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($382k) | ($428k) | ($10.1m) | ($2.9m) | |
| Deferred Tax | — | — | — | — | — | — | ($382k) | ($428k) | ($10.1m) | ($2.9m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.3m | $8.3m | $5.3m | $5.4m | $2.3m | $6.2m | $8.2m | $9.7m | $2.5m | $3.8m | |
| Share-based Payment Arrangement, Expense | $9.3m | $8.3m | $5.3m | $5.4m | $2.3m | $6.2m | $8.2m | $9.7m | $2.5m | $3.8m | |
| Equity Method Investment, Other than Temporary Impairment | $1.7m | $596k | $7.8m | $19.8m | $794k | — | $590k | — | $1.4m | $996k | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | ($13.6m) | ($6.3m) | $2.1m | ($5.1m) | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20.7m | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $2.5m | |
| Impairment of Intangible Assets, Finite-lived | — | $4.8m | — | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $605k | $1.1m | $22.2m | $4.0m | |
| Gain (Loss) on Disposition of Assets | ($85k) | ($85k) | ($37k) | ($144k) | $55k | ($31k) | ($2k) | ($1k) | $82k | ($74k) | |
| Income (Loss) from Equity Method Investments | ($195k) | ($1.9m) | ($307k) | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($1.3m) | ($2.3m) | ($89k) | $4.7m | $1.1m | ($125k) | $4.1m | $4.1m | ($3.0m) | ($1.3m) | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $1.7m | |
| Operating Lease, Expense | — | — | — | $6.1m | $3.8m | $1.9m | $262k | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | $2.5m | $4.1m | |
| Other Nonoperating Income (Expense) | $6.5m | $7.9m | $2.8m | $5.9m | $4.7m | $4.7m | $13.5m | $16.9m | $9.2m | $1.0b | |
| Changes in operating assets and liabilities: | |||||||||||
| Noncash investing and financing activities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $5.2m | $20.0m | ($13.3m) | $8.7m | ($5.0m) | $2.2m | $6.0m | $2.0m | $2.0m | $27.4m | |
| Increase (Decrease) in Inventories | ($59k) | $2.9m | $10.2m | ($3.4m) | ($643k) | $36k | ($851k) | $1.8m | ($925k) | ($387k) | |
| Increase (Decrease) in Accounts Payable | $15.9m | $9.0m | ($27.7m) | $2.1m | ($4.9m) | $5.2m | $1.1m | ($598k) | ($1.5m) | $15.6m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | $27k | $7.7m | $19k | — | $1.2m | — | — | — | — | |
| Proceeds from Stock Options Exercised | $58k | $11k | — | — | — | — | — | — | — | — | |
| Purchases of property and equipment, accrued but unpaid | $13.8m | $5.3m | $1.4m | $3.1m | $134k | $5.8m | $15.0m | $4.0m | $8.0m | $5.3m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $2.9m | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($354k) | ($57k) | $1.2m | ($402k) | ($2.9m) | ($1.2m) | $4.5m | $1.7m | $216k | ($1.2m) | |
| Gain (Loss) on Investments | $689k | $491k | — | $10.9m | $794k | — | $437k | — | $131k | — | |
| General and Administrative Expense | $26.2m | $36.5m | $40.8m | $38.9m | $33.9m | $36.9m | $39.7m | $46.9m | $45.8m | $44.9m | |
| Goodwill | $20.5m | $21.8m | $20.7m | $20.4m | $22.6m | $23.1m | $21.2m | $20.8m | — | $39.2m | |
| Inventory Write-down | — | — | ($193k) | ($3.7m) | $3.3m | $429k | $15.0m | $0 | $25k | $470k | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | — | $3.3m | |
| Operating Expenses | $109.3m | $136.9m | $159.3m | $137.2m | $112.5m | $124.5m | $131.4m | $164.7m | $183.3m | $210.9m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | $239.6m | $342.6m | $364.9m | $324.4m | $462.4m | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $1.0b | |
| Beginning Cash Position | — | — | — | — | — | — | $127.4m | $184.8m | $170.8m | $177.5m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $6.6m | ($13.5m) | ($925k) | $45.5m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $11.8m | ($23.9m) | ($21.9m) | ($99.1m) | |
| Change In Account Payable | — | — | — | — | — | — | $1.1m | ($598k) | ($1.5m) | $15.6m | |
| Change In Accrued Expense | — | — | — | — | — | — | $8.6m | $3.1m | $5.4m | $22.8m | |
| Change In Income Tax Payable | — | — | — | — | — | — | $3.4m | $904k | $3.1m | ($5.7m) | |
| Change In Inventory | — | — | — | — | — | — | $851k | ($1.8m) | $925k | $387k | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $322k | $618k | ($25k) | $167k | |
| Change In Other Working Capital | — | — | — | — | — | — | $6.8m | ($3.6m) | $4.3m | $3.1m | |
| Change In Payable | — | — | — | — | — | — | $4.5m | $306k | $1.6m | $9.9m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $13.1m | $3.4m | $7.0m | $32.7m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $4.1m | ($408k) | $290k | ($3.9m) | |
| Change In Receivables | — | — | — | — | — | — | ($6.0m) | ($2.0m) | ($2.0m) | ($27.4m) | |
| Change In Tax Payable | — | — | — | — | — | — | $3.4m | $904k | $3.1m | ($5.7m) | |
| Change In Working Capital | — | — | — | — | — | — | $19.3m | ($3.8m) | $10.5m | $5.0m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($6.0m) | ($2.0m) | ($2.0m) | ($27.4m) | |
| Changes In Cash | — | — | — | — | — | — | $69.5m | ($11.7m) | $8.1m | ($21.1m) | |
| End Cash Position | — | — | — | — | — | — | $184.8m | $170.8m | $177.5m | $157.8m | |
| Financing Cash Flow | — | — | — | — | — | — | $6.6m | ($13.5m) | ($925k) | $45.5m | |
| Free Cash Flow | — | — | — | — | — | — | $36.1m | $21.2m | $22.6m | $26.7m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($367k) | ($24k) | ($861k) | ($1.1m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $2k | $1k | ($82k) | $74k | |
| Investing Cash Flow | — | — | — | — | — | — | $11.8m | ($23.9m) | ($21.9m) | ($99.1m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($2.1m) | ($55.1m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($8k) | ($499k) | ($322k) | ($447k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($15.0m) | ($4.0m) | ($7.9m) | ($5.2m) | |
| Operating Gains Losses | — | — | — | — | — | — | $2k | ($23k) | ($943k) | ($1.1m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($69k) | $60k | $93k | $63k | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | ($844k) | $100k | $288k | ($262k) | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | ($2.1m) | ($55.1m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($8k) | ($499k) | ($322k) | ($447k) | |
| Purchase Of PPE | $13.8m | $5.3m | $1.4m | $3.1m | $134k | $5.8m | ($15.0m) | ($4.0m) | ($8.0m) | ($5.3m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($6.7m) | ($4.7m) | ($7.7m) | ($951k) | |
| Sale Of PPE | — | — | — | — | — | — | $6k | $15k | $114k | $155k | |
| Stock Based Compensation | — | — | — | — | — | — | $8.2m | $9.7m | $2.5m | $3.8m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | ($804k) | ($1.4m) | ($1.1m) | ($1.0b) | |
| Net Cash Provided by (Used in) Operating Activities | $17.0m | ($14.2m) | ($35.6m) | ($45.6m) | ($13.9m) | $19.5m | $51.1m | $25.7m | $31.0m | $32.5m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $13.8m | $5.3m | $1.4m | $3.1m | $134k | $5.8m | $15.0m | $4.0m | $8.0m | $5.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | $2.1m | $52.1m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $26.7m | ($18.8m) | ($10.0m) | ($38.8m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($518.4m) | ($379.6m) | ($482.6m) | ($605.1m) | |
| Gain (Loss) on Sale of Investments | — | — | — | $579k | $214k | $42k | — | $24k | $861k | — | |
| Sale Of Investment | — | — | — | — | — | — | $545.1m | $360.8m | $472.5m | $566.3m | |
| Net Other Investing Changes | — | — | — | — | — | — | $67k | ($599k) | ($1.5m) | $396k | |
| Net Cash Provided by (Used in) Investing Activities | — | $35.2m | ($69.4m) | $79.3m | ($20.8m) | ($32.6m) | $11.8m | ($23.9m) | ($21.9m) | ($99.1m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $16.7m | $4.3m | $33.4m | $62.5m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $16.7m | $4.3m | $33.4m | $62.5m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $13.3m | ($8.8m) | $6.8m | $46.4m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $13.3m | ($8.8m) | $6.8m | $46.4m | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($223k) | ($3.3m) | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($3.3m) | ($13.1m) | ($26.6m) | ($16.1m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($3.3m) | ($13.1m) | ($26.6m) | ($16.1m) | |
| Short Term Debt Payments | — | — | — | — | — | ($2.4m) | ($3.3m) | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($6.7m) | ($4.7m) | ($7.7m) | ($951k) | |
| Payments for Repurchase of Common Stock | ($712k) | — | — | — | — | — | — | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($6.7m) | ($4.7m) | ($7.7m) | ($951k) | |
| Proceeds from Noncontrolling Interests | — | — | $197k | — | — | — | $76k | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | — | $2.6m | $929k | $12.2m | $2.7m | ($223k) | $6.6m | ($13.5m) | ($925k) | $45.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($3.3m) | $5.3m | $2.0m | ($12.1m) | ($2.3m) | ($1.4m) | $1.4m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($12.1m) | ($2.3m) | ($1.4m) | $1.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $165.4m | $138.8m | $127.4m | $184.8m | $170.8m | $177.5m | $157.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $69.5m | ($11.7m) | $8.1m | ($21.1m) | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $1.2m | $2.5m | $4.2m | $4.2m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | $0 | $1.4m | $578k | $1.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.