NOVANTA INC (NOVTU)
NOVANTA INC (NOVTU)
| Cash Flow | 2026-04-03 | 2025-12-31 |
|---|---|---|
| Net income | 21,099 | 53,829 |
| Depreciation and amortization | 14,160 | 61,932 |
| Provision for inventory excess and obsolescence | 710 | 3,265 |
| Share-based compensation | 9,796 | 29,538 |
| Deferred income taxes | -2,877 | -8,853 |
| Loss (gain) on disposal of fixed assets | 248 | 4,107 |
| Contingent consideration adjustments | - | 830 |
| Write-off of unamortized deferred financing costs | - | 426 |
| Non-cash interest expense | - | 1,472 |
| Other | -1,039 | -857 |
| Accounts receivable | -9,703 | 27,272 |
| Inventories | 6,827 | 36,101 |
| Prepaid expenses and other current assets | - | 1,269 |
| Prepaid income taxes, income taxes receivable and income taxes payable | - | -12,381 |
| Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets | 2,443 | - |
| Accounts payable, income taxes payable, accrued expenses and other current liabilities | 13,344 | 3,707 |
| Other non-current assets and liabilities | 5,850 | 1,817 |
| Net cash provided by operating activities | 51,606 | 64,056 |
| Purchases of property, plant and equipment | 4,138 | 15,627 |
| Acquisition of businesses, net of cash acquired and working capital adjustments | - | 64,291 |
| Proceeds from sale of property, plant and equipment | 345 | 5,596 |
| Net cash (used in) provided by investing activities | -3,793 | -74,322 |
| Borrowings under revolving credit facilities | - | 82,805 |
| Proceeds from issuance of tangible equity units, net of issuance costs | - | 614,390 |
| Repayments of debt | 8,800 | 365,725 |
| Payments of issuance costs related to tangible equity units | 1,293 | 4,715 |
| Payments of withholding taxes from share-based awards | 6,982 | 7,809 |
| Repurchases of common shares | 18,638 | 39,278 |
| Payments of contingent consideration related to acquisitions | 4,393 | 0 |
| Other financing activities | -16 | -3,338 |
| Net cash used in financing activities | -40,122 | 276,330 |
| Effect of exchange rates on cash and cash equivalents | 237 | 818 |
| Increase (decrease) in cash and cash equivalents | 7,928 | 266,882 |
| Cash and cash equivalents, beginning of the period | 380,871 | 113,989 |
| Cash and cash equivalents, end of the period | 388,799 | 380,871 |