For the quarter ending 2025-09-30, CECO had -$4,036K decrease in cash & cash equivalents over the period. $11,022K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 1,807 | 46,549 |
| Depreciation and amortization | 8,569 | 10,157 |
| Unrealized foreign currency gain (loss) | -805 | 3,024 |
| Gain on sale of global pump solutions business | -801 | 64,502 |
| Fair value adjustment to earnout liabilities | 0 | 7,403 |
| Loss on sale of property and equipment | -80 | 34 |
| Debt discount amortization | 219 | 412 |
| Share-based compensation expense | 3,273 | 6,234 |
| Provision for credit loss | -1,088 | 1,297 |
| Inventory reserve expense | -324 | 192 |
| Deferred income tax benefit | 4,987 | 1,335 |
| Accounts receivable | -972 | -4,850 |
| Costs and estimated earnings in excess of billings on uncompleted contracts | 18,970 | 19,635 |
| Inventories | -2,376 | 8,853 |
| Prepaid expense and other current assets | 1,437 | 13,865 |
| Deferred charges and other assets | 4,085 | 1,512 |
| Accounts payable | 3,950 | 11,884 |
| Accrued expenses | 5,997 | 9,973 |
| Billings in excess of costs and estimated earnings on uncompleted contracts | 13,669 | 7,524 |
| Income taxes payable | -10,084 | 5,942 |
| Other liabilities | 3,745 | -6,884 |
| Net cash (used in) provided by operating activities | 15,263 | -19,363 |
| Acquisitions of property and equipment | 4,241 | 4,432 |
| Net cash proceeds for sale of global pump solutions business | -1,948 | -105,860 |
| Net cash paid for acquisitions, net of cash acquired | 0 | 97,615 |
| Net cash provided by (used in) investing activities | -2,293 | 3,813 |
| Borrowings on revolving credit lines | 23,800 | 162,000 |
| Repayments on revolving credit lines | -41,400 | -142,300 |
| Repayments of long-term debt | 428 | 802 |
| Payments on finance leases and financing liability | 250 | 393 |
| Deferred consideration paid for acquisitions | 1,787 | 1,000 |
| Earnout payments | 0 | 0 |
| Equity awards surrendered by employees for tax liability, net of proceeds from employee stock purchase plan and exercise of stock options | 3,836 | -2,906 |
| Noncontrolling interest distributions | 802 | 402 |
| Common stock repurchased | 0 | 0 |
| Net cash used in financing activities | -17,031 | 14,197 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 25 | 61 |
| Net decrease in cash, cash equivalents and restricted cash | -4,036 | -1,292 |
| Cash and cash equivalents at beginning of period | 38,201 | - |
| Cash and cash equivalents at end of period | 32,873 | - |
CECO ENVIRONMENTAL CORP (CECO)
CECO ENVIRONMENTAL CORP (CECO)