For the quarter ending 2025-09-30, MODG had $182,100K increase in cash & cash equivalents over the period. $162,100K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -14,700 | 22,400 |
| Depreciation and amortization | 65,500 | 136,900 |
| Non-cash interest on financing leases and deemed landlord financed obligations | 5,600 | 21,000 |
| Loss on disposal of long-lived assets | -700 | -6,900 |
| Amortization of debt discount and issuance costs | 1,500 | 3,000 |
| Impairment and loss on sale of business line | 900 | 22,700 |
| Gain on lease termination incentive | 0 | 12,000 |
| Deferred taxes, net | -11,900 | 17,000 |
| Share-based compensation | 3,900 | 14,000 |
| Unrealized net gains on hedging instruments and foreign currency | 600 | 17,900 |
| Loss on debt modification | 0 | 0 |
| Other | 100 | -200 |
| Accounts receivable, net | -118,300 | 161,900 |
| Inventories | -35,900 | -83,000 |
| Leasing receivables | -900 | 3,600 |
| Other assets | -36,300 | 33,100 |
| Accounts payable and accrued expenses | -29,800 | -47,500 |
| Deferred revenue | -8,800 | -8,600 |
| Accrued employee compensation and benefits | 26,800 | -700 |
| Operating lease assets and liabilities, net | 2,500 | 5,100 |
| Income taxes receivable/payable, net | -600 | -9,100 |
| Other liabilities | -3,900 | 3,900 |
| Net cash provided by operating activities | 228,400 | 41,700 |
| Capital expenditures | 66,300 | 144,300 |
| Proceeds from sale of business line, net of cash retained | 0 | 286,000 |
| Business combinations, net of cash acquired | 0 | 0 |
| Proceeds from government grants | 0 | - |
| Investment in golf-related ventures | 500 | 600 |
| Acquisition of intangible assets | 100 | 800 |
| Proceeds from sale of property and equipment | 0 | 0 |
| Net cash provided by (used in) investing activities | -66,900 | 140,300 |
| Repayments of long-term debt and dlf obligations | 7,000 | 17,200 |
| Proceeds (repayments) on credit facilities, net | 0 | 19,900 |
| Debt issuance costs | 0 | 400 |
| Repayments of financing leases | 700 | 1,800 |
| Proceeds from lease financing | 29,300 | 46,600 |
| Exercise of stock options | 100 | - |
| Acquisition of treasury stock | 100 | 3,300 |
| Net cash provided by (used in) financing activities | 21,600 | 43,800 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -1,000 | 7,700 |
| Net increase in cash, cash equivalents and restricted cash | 182,100 | 233,500 |
| Cash and cash equivalents at beginning of period | 450,300 | - |
| Cash and cash equivalents at end of period | 865,900 | - |
Topgolf Callaway Brands Corp. (MODG)
Topgolf Callaway Brands Corp. (MODG)