For the year ending 2025-12-31, CELH had -$350,203K decrease in cash & cash equivalents over the period. $323,375K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Depreciation | - | - | - | 1,362 |
| Amortization | - | - | - | 555 |
| Depreciation and amortization | 29,451 | 7,274 | 3,226 | - |
| Impairment of intangible assets | - | 0 | 0 | 2,379 |
| Allowance for credit losses | 10,600 | 3,294 | 2,128 | 2,352 |
| Amortization of deferred other costs | 26,326 | 14,124 | 14,124 | 5,885 |
| Inventory excess and obsolescence | -29,190 | -19,086 | 7,312 | -6,131 |
| Loss on disposal of property, plant and equipment | - | -173 | -198 | - |
| Stock-based compensation expense | 28,050 | 19,591 | 21,226 | 20,665 |
| Deferred income taxes-net | -57,336 | -9,730 | - | - |
| Deferred income taxes | - | - | - | 20,244 |
| Deferred income taxes-net | - | - | -42,055 | - |
| Change in fair value of contingent consideration | -13,800 | - | - | - |
| Foreign exchange loss | - | -1,734 | -1,246 | -483 |
| Loss on debt extinguishment | -6,003 | - | - | - |
| Gain on lease cancellations | - | - | 0 | 0 |
| Other operating activities-net | -1,687 | -324 | - | - |
| Accounts receivable | - | 89,665 | 121,558 | 26,369 |
| Note receivable-net | - | -2,318 | - | - |
| Accounts and note receivable-net | 412,091 | - | - | - |
| Inventories | 129,777 | -77,190 | 63,299 | -11,802 |
| Prepaid expenses and other current assets | 108,321 | -1,074 | 7,980 | -2,214 |
| Other long-term assets | -2,857 | 4,862 | - | - |
| Accounts payable | 51,252 | -1,170 | 5,249 | - |
| Accrued expenses | 45,618 | 85,398 | -8,025 | - |
| Accounts payable and accrued expenses | - | - | - | 34,908 |
| Income taxes payable | 38,750 | -39,536 | 48,102 | - |
| Accrued promotional allowance | 153,635 | 36,161 | 63,810 | 16,940 |
| Accrued distributor termination fees | - | -248 | -3,739 | 3,986 |
| Other assets | - | - | 28 | -37 |
| Accrued distributor termination fees | 257,595 | - | - | - |
| Other current liabilities | 9,937 | 4,920 | 7,305 | 2,610 |
| Change in right of use asset and lease liability-net | - | 535 | -102 | -183 |
| Deferred revenue | 255,110 | -9,513 | -12,723 | - |
| Other long-term liabilities | 2,481 | - | - | 189,463 |
| Net income | 107,999 | 145,074 | 226,801 | -187,282 |
| Net cash provided by operating activities | 359,442 | 262,898 | 141,218 | 108,182 |
| Collections from note receivable | 0 | 0 | 3,233 | 2,592 |
| Purchase of property, plant and equipment | 36,067 | 23,390 | 17,433 | 8,264 |
| Purchase of non-marketable equity securities | 10,000 | 3,000 | - | - |
| Acquisition, net of cash acquired-Big Beverages Contract Manufacturing LLC | 0 | - | - | - |
| Net working capital estimate received from pepsi related to the rockstar acquisition | 29,156 | - | - | - |
| Net working capital estimate received from pepsi related to the rockstar acquisition-Rockstar | 29,200 | - | - | - |
| Acquisition of big beverages contract manufacturing l.l.c., net of cash acquired | - | 75,336 | - | - |
| Acquisition, net of cash acquired-Alani Nu | 1,278,800 | - | - | - |
| Net cash used in investing activities | -1,295,680 | -101,726 | -14,200 | -5,672 |
| Payments on bonds payable | - | - | - | 0 |
| Principal payments on finance lease obligations | - | 61 | 44 | 63 |
| Proceeds from exercise of stock options | - | 3,856 | 2,285 | 3,683 |
| Proceeds from issuance of series a preferred shares, net of issuance costs | - | 0 | 0 | 542,018 |
| Cash dividends paid on preferred stock | 37,608 | 27,500 | 27,462 | 11,526 |
| Repurchase of common stock related to employee tax withholdings | 5,727 | 2,261 | - | - |
| Repurchase of common stock for treasury | 39,777 | - | - | - |
| Proceeds from term loan | 900,000 | - | - | - |
| Payments on term loan | 201,750 | - | - | - |
| Payment of debt issuance costs and debt discount | 29,659 | - | - | - |
| Payment of revolver fees | 2,708 | - | - | - |
| Net proceeds from collection of section 16b short swing profit | - | - | - | 0 |
| Other financing activities-net | -7 | - | - | 0 |
| Net proceeds from sale of common stock | - | - | 0 | 0 |
| Cash dividends paid on preferred stock-Series BPreferred Stock | 10,100 | - | - | - |
| Net cash provided by (used in) financing activities | 582,764 | -25,966 | -25,221 | 534,112 |
| Effect on exchange rate changes on cash, cash equivalents and restricted cash | 3,271 | -997 | 1,257 | 50 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -350,203 | 134,209 | 103,054 | 636,672 |
| Cash and cash equivalents at beginning of the period | - | 755,981 | 652,927 | 16,255 |
| Cash and cash equivalents at end of the period | - | 890,190 | 755,981 | 652,927 |
Celsius Holdings, Inc. (CELH)
Celsius Holdings, Inc. (CELH)