The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | 8,378 | -1,003 |
| Provision (recovery) for credit loss | 1,556 | 5,482 |
| Depreciation and amortization | 12,958 | 26,057 |
| Non-cash leases expense | 2,775 | 6,119 |
| Stock-based compensation expense | 9,220 | 24,557 |
| Fair value changes in financial instruments | 10,354 | 8,040 |
| Write off of deferred financing costs | 0 | 913 |
| Deferred income taxes | -5,823 | 3,557 |
| Other operating activities, net | -723 | 1,671 |
| Accounts receivable and contract assets | 1,376 | 27,379 |
| Prepaid expenses and other current assets | 1,699 | 1,124 |
| Accounts payable and other accrued liabilities | 6,887 | -793 |
| Accrued payroll and benefits | 8,994 | 3,057 |
| Change in operating leases | -3,195 | -5,676 |
| Other assets | -552 | - |
| Net cash provided by (used in) operating activities | 28,150 | 27,398 |
| Purchases of property and equipment | 5,817 | 5,117 |
| Proceeds from the sale of property and equipment | 50 | 39 |
| Proprietary software development and other software costs | -1,045 | 2,804 |
| Purchase price true ups | - | 50 |
| Net cash used in investing activities | -4,672 | -7,932 |
| Proceeds from revolving line of credit | 170,372 | 216,025 |
| Repayment of the revolving line of credit | 130,847 | 174,671 |
| Repayment of aircraft loan | 289 | 564 |
| Proceeds from term loan | 0 | 200,000 |
| Repayment of term loan | -1 | 189,219 |
| Payment of contingent consideration and other purchase price true ups | 1,058 | 4,400 |
| Repayment of finance leases | 2,853 | 6,070 |
| Payments of deferred financing costs | 0 | 2,189 |
| Proceeds from issuance of common stock for exercised stock options | 328 | 77 |
| Proceeds from building sale leaseback | 0 | 2,500 |
| Dividend payment to the series a-2 stockholders | 1,400 | 2,750 |
| Redemption of series a-2 preferred stock | 62,235 | 60,000 |
| Net cash provided by (used in) financing activities | -27,981 | -21,261 |
| Change in cash, cash equivalents and restricted cash | -4,503 | -1,795 |
| Effect of exchange rate changes on cash | 99 | - |
| Cash and cash equivalents at beginning of period | 12,935 | - |
| Cash and cash equivalents at end of period | 6,736 | - |
Montrose Environmental Group, Inc. (MEG)
Montrose Environmental Group, Inc. (MEG)