For the quarter ending 2025-09-30, TPB had $91,465K increase in cash & cash equivalents over the period. -$721K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Consolidated net income | 23,757 | 32,751 |
| Loss from discontinued operations, net of tax | 0 | 0 |
| Loss on extinguishment of debt | 0 | -1,235 |
| Loss on sale of property, plant, and equipment | -2 | -45 |
| Loss (gain) on investments | 678 | -194 |
| (income) losses from equity method investment | 2,328 | - |
| Depreciation and other amortization expense | 1,596 | 2,893 |
| Amortization of other intangible assets | 306 | 612 |
| Amortization of deferred financing costs | 421 | 872 |
| Deferred income tax expense | 1,974 | 2,716 |
| Stock compensation expense | 1,884 | 3,292 |
| Noncash lease income | -477 | -728 |
| Loss on msa investments | 0 | 0 |
| Accounts receivable | -2,253 | 20,504 |
| Inventories | 7,808 | 8,604 |
| Other current assets | 13,923 | 5,486 |
| Other assets | 6,891 | 4,087 |
| Accounts payable | -1,478 | 14,187 |
| Accrued liabilities and other | 4,675 | 9,842 |
| Operating cash flows from continuing operations | 3,285 | 29,230 |
| Operating cash flows from discontinued operations | 0 | 0 |
| Net cash provided by operating activities | 3,285 | 29,230 |
| Capital expenditures | 4,006 | 6,176 |
| Proceeds on the sale of property, plant and equipment | 0 | 0 |
| Payment for equity investments | 0 | 2,783 |
| Purchases of investments | 8,797 | 4,079 |
| Proceeds from sale of investments | 999 | 4,460 |
| Purchases of non-marketable equity investments | 0 | 0 |
| Msa escrow deposits, net | -46 | 48 |
| Purchase of option agreement | 8,000 | - |
| Investing cash flows from continuing operations | -19,758 | -8,626 |
| Investing cash flows from discontinued operations | 0 | 0 |
| Net cash used in investing activities | -19,758 | -8,626 |
| Redemption of 2026 notes-Senior Secured Notes2026 | 250,000 | - |
| Proceeds from 2032 notes | 0 | 300,000 |
| At the market offering proceeds | 97,499 | - |
| Redemption of 2026 notes-Convertible Senior Notes | 0 | - |
| Interchange subscription agreement proceeds | 11,000 | - |
| Payment of dividends | 1,358 | 2,731 |
| Redemption of 2026 notes | - | 250,000 |
| Payment of financing costs | 34 | 7,251 |
| Exercise of options | 1,185 | 4,921 |
| Redemption of options | 0 | 33 |
| Issuance of restricted stock units | 2 | - |
| Redemption of restricted stock units | 354 | 1,970 |
| Issuance of performance based restricted stock units | 1 | - |
| Redemption of performance based restricted stock units | 1 | 2,624 |
| Common stock repurchased | 0 | 0 |
| Financing cash flows from continuing operations | 107,938 | 40,312 |
| Financing cash flows from discontinued operations | 0 | 0 |
| Net cash provided by (used in) financing activities | 107,938 | 40,312 |
| Net increase in cash | 91,465 | 60,916 |
| Effect of exchange rate changes on cash | -182 | - |
| Cash and cash equivalents at beginning of period | 50,902 | - |
| Cash and cash equivalents at end of period | 203,101 | - |
Turning Point Brands, Inc. (TPB)
Turning Point Brands, Inc. (TPB)