For the quarter ending 2025-12-31, JANL had -$4,245K decrease in cash & cash equivalents over the period. -$14,615K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income (loss) | - | 2,671 | 2,986 |
| Consolidated net income | 700 | - | - |
| Provision for uncollectible accounts | 345 | 62 | 18 |
| Depreciation | 177 | 176 | 469 |
| Deferred income taxes, net | 195 | -257 | - |
| Gain on consolidation of acquisition | 849 | - | - |
| Amortization of intangible assets | 829 | 751 | 1,937 |
| Amortization of acquired inventory valuation | 159 | 723 | 211 |
| Amortization of loan costs | 39 | 153 | 143 |
| Change in fair value of mandatorily redeemable noncontrolling interest | - | -48 | -337 |
| Loss on debt extinguishment | -445 | 0 | 0 |
| Stock-based compensation | 62 | 123 | 367 |
| Unrealized gain on marketable securities | 49 | 2,305 | 794 |
| Right of use non-cash lease expense | 652 | - | - |
| Fair value adjustments of contingent earnout liabilities | 16 | 99 | 335 |
| Accounts receivable | 10,707 | 16,731 | 8,436 |
| Inventory | 18 | -328 | 431 |
| Prepaid expenses and other current assets | -202 | 1,547 | 507 |
| Security deposits and other long-term assets | -91 | 352 | 286 |
| Accounts payable and accrued expenses | -6,159 | 41,877 | 21,000 |
| Operating lease liabilities | -655 | - | - |
| Other liabilities | -2 | -385 | 283 |
| Net cash (used in) provided by operating activities | -14,527 | 25,434 | 17,632 |
| Purchase of property and equipment | 88 | - | - |
| Acquisition of property and equipment, net of disposals | - | 194 | 396 |
| Disposal of property and equipment | 29 | - | - |
| Investment in marketable securities, net of dividends | 61 | 98 | 142 |
| Acquisition of indco shares | - | 1,374 | - |
| Acquisitions, net of cash acquired | 0 | 9,173 | 2,752 |
| Earnout payment | - | 0 | 1,078 |
| Net cash used in investing activities | -120 | -10,839 | -4,368 |
| Proceeds from term loan | 0 | - | - |
| Repayments of term loan | 179 | - | - |
| Proceeds from long-term debt issuance | 9,120 | - | - |
| Proceeds from line of credit issuance | 24,843 | - | - |
| Repayment of term-debt | 8,283 | 2,231 | - |
| Repayment of lines of credit | 24,738 | - | - |
| Payment of deferred financing costs | 980 | - | - |
| Proceeds from (repayments of) term loan | - | -252 | 3,386 |
| Repayment of subordinate promissory notes | 941 | - | -1,186 |
| Proceeds from lines of credit, net | 14,838 | -9,635 | -8,903 |
| Repayment of acquisition loan | 0 | -2,900 | 3,700 |
| Dividends paid to non-controlling interests | 0 | -1 | 244 |
| Dividends paid to preferred shareholders | 725 | 708 | 300 |
| Earnout payment | 1,225 | - | - |
| Issuance of note receivable | - | - | 298 |
| Option expense | - | 785 | - |
| Redemption of subsidiary stock | 2,024 | - | - |
| Net cash provided by financing activities | 10,402 | -7,656 | -11,245 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | -4,245 | 6,939 | 2,019 |
| Cash and cash equivalents at beginning of period | 12,040 | 3,082 | - |
| Cash and cash equivalents at end of period | 7,795 | 12,040 | - |
JANEL CORP (JANL)
JANEL CORP (JANL)