Sovos Brands . Quarterly Cash Flow Statements Chart
Quarterly
|
Annual
Sovos Brands . Quarterly Cash Flow Statements Table
Quarterly
|
Annual
| Unit: USD | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-09-24 | 2022-06-25 | 2022-03-26 | 2021-12-25 |
|---|---|---|---|---|---|---|---|---|---|
| operating activities | |||||||||
| net income | 15,513,000 | 1,426,000 | 5,389,000 | 7,846,000 | -28,687,000 | 1,464,000 | -30,285,000 | 4,057,000 | -3,840,000 |
| adjustments to reconcile net income to net cash from operating activities: | |||||||||
| depreciation and amortization | 8,468,000 | 8,450,000 | 8,564,000 | 8,469,000 | 9,684,000 | 9,804,000 | 9,825,000 | 9,555,000 | 9,510,000 |
| equity-based compensation expense | 6,165,000 | 6,367,000 | 6,419,000 | 5,508,000 | 5,198,000 | 4,606,000 | 4,547,000 | 4,087,000 | 7,739,000 |
| (gain) loss on foreign currency contracts | |||||||||
| non-cash interest expense | |||||||||
| deferred income taxes | 404,000 | -2,366,000 | -2,067,000 | 758,000 | -2,147,000 | -973,000 | -11,007,000 | 306,000 | -4,273,000 |
| amortization of debt issuance costs | 317,000 | 316,000 | 317,000 | 316,000 | 382,000 | 316,000 | 317,000 | 316,000 | 317,000 |
| non-cash operating lease expense | 861,000 | 625,000 | 617,000 | 608,000 | 600,000 | 602,000 | 613,000 | 603,000 | 595,000 |
| benefit from excess and obsolete inventory | |||||||||
| loss on disposal of property and equipment | 63,000 | ||||||||
| impairment of goodwill | |||||||||
| loss on extinguishment of debt | |||||||||
| loss on asset sale | |||||||||
| forgiveness of capital advance | |||||||||
| other | 0 | -6,000 | 468,000 | ||||||
| changes in operating assets and liabilities: | |||||||||
| accounts receivable | -693,000 | -29,071,000 | 25,556,000 | -5,752,000 | -3,798,000 | -10,063,000 | 8,894,000 | -12,065,000 | 9,544,000 |
| inventories | -15,533,000 | 26,144,000 | -21,874,000 | 5,039,000 | -14,068,000 | -9,589,000 | -26,509,000 | 1,275,000 | 8,193,000 |
| prepaid expenses and other current assets | -2,301,000 | 1,635,000 | 2,937,000 | -4,209,000 | 388,000 | -1,862,000 | 3,120,000 | -1,043,000 | -2,979,000 |
| other long-term assets | 41,000 | 87,000 | -10,000 | -45,000 | 16,000 | 402,000 | -20,000 | -10,000 | -431,000 |
| accounts payable | 10,206,000 | 7,343,000 | -8,504,000 | 6,437,000 | -3,122,000 | 2,269,000 | 7,509,000 | 4,896,000 | 3,660,000 |
| accrued expenses | 12,536,000 | 13,868,000 | -759,000 | -7,897,000 | 6,734,000 | 9,368,000 | -3,326,000 | -538,000 | -9,044,000 |
| other long-term liabilities | -244,000 | 41,000 | 34,000 | 34,000 | 24,000 | 18,000 | 10,000 | 10,000 | -991,000 |
| operating lease liabilities | |||||||||
| net cash from operating activities | 34,304,000 | 36,437,000 | 17,406,000 | 17,177,000 | 18,625,000 | 10,496,000 | 5,075,000 | 11,199,000 | 28,638,000 |
| capex | -4,784,000 | -3,506,000 | -1,398,000 | -2,173,000 | -1,694,000 | -995,000 | -2,917,000 | -6,713,000 | -9,075,000 |
| free cash flows | 29,520,000 | 32,931,000 | 16,008,000 | 15,004,000 | 16,931,000 | 9,501,000 | 2,158,000 | 4,486,000 | 19,563,000 |
| investing activities | |||||||||
| proceeds from sale of business | |||||||||
| purchases of property and equipment | -4,784,000 | -3,506,000 | -1,398,000 | -2,173,000 | -1,878,000 | -1,209,000 | -2,550,000 | -7,180,000 | -9,071,000 |
| net cash from investing activities | 38,122,000 | -1,209,000 | -2,550,000 | -7,180,000 | -9,071,000 | ||||
| financing activities | |||||||||
| payments of debt issuance costs | 0 | ||||||||
| proceeds from long-term debt | 0 | ||||||||
| repayments of long-term debt | -299,200,000 | ||||||||
| repayments of capital lease obligations | -56,000 | -32,000 | -21,000 | -20,000 | -19,000 | -12,000 | -23,000 | -24,000 | -17,000 |
| net proceeds from issuance of common stock | |||||||||
| proceeds from stockholder's note receivable | 0 | ||||||||
| contingent earn out consideration paid | |||||||||
| dividends paid | |||||||||
| net cash (used in) financing activities | -56,000 | -32,000 | -21,000 | -20,000 | |||||
| cash and cash equivalents | |||||||||
| net increase in cash and cash equivalents | 29,464,000 | 32,899,000 | 15,987,000 | 14,984,000 | 56,728,000 | 9,275,000 | 2,502,000 | 3,995,000 | 23,039,000 |
| cash and cash equivalents at beginning of period | 0 | 0 | 0 | 138,654,000 | 0 | 0 | 0 | 66,154,000 | 0 |
| cash and cash equivalents at end of period | 29,464,000 | 32,899,000 | 15,987,000 | 153,638,000 | 56,728,000 | 9,275,000 | 2,502,000 | 70,149,000 | 23,039,000 |
| | 13,000 | 13,000 | 13,000 | ||||||
| supplemental disclosures of cash flow information | |||||||||
| cash paid (received) during period for: | |||||||||
| cash paid for interest | 5,397,000 | 7,959,000 | 5,413,000 | 5,937,000 | 9,932,000 | ||||
| cash proceeds from interest | |||||||||
| cash paid for taxes | 2,108,000 | 0 | 3,633,000 | 37,000 | 286,000 | ||||
| proceeds from income tax refunds | -4,000 | 0 | -1,000 | -10,000 | 0 | ||||
| non-cash investing and financing transactions | |||||||||
| lease liabilities arising from operating lease right-of-use assets recognized at asu no. 2016-02 transition | 0 | ||||||||
| lease liabilities arising from operating lease right-of-use assets recognized after asu no. 2016-02 transition | |||||||||
| lease liabilities arising from finance lease right-of-use assets recognized after asu no. 2016-02 transition | |||||||||
| capitalized ipo costs netted with ipo proceeds | |||||||||
| acquisition of property and equipment not yet paid | 184,000 | 214,000 | -367,000 | 467,000 | -4,000 | ||||
| loss on foreign currency contracts | |||||||||
| net cash (used in) investing activities | -3,506,000 | -1,398,000 | -2,173,000 | ||||||
| gain on foreign currency contracts | |||||||||
| acquisition of businesses, net of cash acquired | |||||||||
| contributions to limited partnership | |||||||||
| proceeds from revolving facility | |||||||||
| repayments of revolving facility | |||||||||
| net cash from financing activities | -19,000 | -12,000 | -23,000 | -24,000 | 3,472,000 | ||||
| contingent earn out consideration related to birch benders acquisition | |||||||||
| acquisition of property and equipment through tenant improvement allowance | |||||||||
| acquisition of property and equipment through capital leases | |||||||||
| loss on impairment of goodwill and intangible assets | |||||||||
| contributions from ultimate parent | |||||||||
| contributions to ultimate parent | |||||||||
| contingent earnout consideration paid | |||||||||
| dividend paid | |||||||||
| stockholder note receivable issued in exchange for class a units | |||||||||
| loss on sale/disposal of property and equipment | |||||||||
| proceeds from revolver | |||||||||
| repayments of revolver |
We provide you with 20 years of cash flow statements for Sovos Brands . stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Sovos Brands . stock. Explore the full financial landscape of Sovos Brands . stock with our expertly curated income statements.
The information provided in this report about Sovos Brands . stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.