| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 23,535 | 8,581 |
| Depreciation and amortization | 11,471 | 5,662 |
| Amortization of deferred debt issuance costs | 245 | 112 |
| Stock compensation expense | 3,365 | 1,482 |
| Deferred income taxes | -1,170 | -433 |
| Remeasurement (gain)/loss on intercompany balances | -325 | -1,190 |
| Accounts receivable | -10,668 | -12,443 |
| Inventories | 20,487 | 13,463 |
| Contract assets and liabilities | 8,973 | -2,626 |
| Other current and non-current assets | 4,155 | -718 |
| Accounts payable | 9,123 | 1,022 |
| Accrued liabilities and non-current liabilities | -3,052 | -4,888 |
| Income taxes payable and receivable | -2,078 | -1,930 |
| Net cash provided by operating activities | 18,167 | 10,742 |
| Purchases of property, plant and equipment | 5,485 | 2,421 |
| Sale of rental equipment | 81 | 69 |
| Net cash used in investing activities | -5,404 | -2,352 |
| Proceeds from revolving credit facility | 31,711 | 13,000 |
| Payments on revolving credit facility | 17,011 | 8,000 |
| Proceeds from long-term debt | 125,000 | - |
| Payments on long-term debt | 138,875 | 4,500 |
| Issuance costs associated with revolving line of credit and long-term debt | 1,085 | - |
| Repurchase of employee stock units on vesting | 3,352 | 3,336 |
| Repurchase of shares under authorized program | 15,774 | 9,767 |
| Payments on finance leases | 95 | 37 |
| Net cash used in financing activities | -19,481 | -12,640 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 779 | 1,549 |
| Change in cash, cash equivalents and restricted cash | -5,939 | -2,701 |
| Cash and cash equivalents at beginning of period | 41,422 | - |
| Cash and cash equivalents at end of period | 35,483 | - |
Thermon Group Holdings, Inc. (THR)
Thermon Group Holdings, Inc. (THR)