TPI Composites, Inc. (TPIC)

TPI Composites Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-227.55	-240.71	-201.78	-65.31	-159.55	-19.03
Depreciation & Amortization	28.47	30.48	38.87	45.48	52.59	49.67
Other Amortization	33.09	32.33	2.15	-	1.05	0.35
Loss (Gain) From Sale of Assets	33.76	32.7	23.33	27.37	13.11	7.75
Asset Writedown & Restructuring Costs	3.9	3.9	-	-	-	-
Stock-Based Compensation	5.3	6.67	9.88	15.08	8.41	10.35
Provision & Write-off of Bad Debts	-	-	23.32	-	-	-
Other Operating Activities	42.68	42.65	-9.77	11.48	2.13	-7.98
Change in Accounts Receivable	34.94	67.58	115.8	-52.36	-10.73	-13.16
Change in Inventory	8.08	0.63	1.87	-0.64	-1.02	-4.28
Change in Accounts Payable	50.96	12.51	-97.7	-11.42	45.76	10.3
Change in Other Net Operating Assets	36.17	17.42	13.05	-31.97	22.73	3.6
Operating Cash Flow	56.13	12.5	-80.97	-62.27	-25.53	37.57
Operating Cash Flow Growth	-	-	-	-	-	-34.19%
Capital Expenditures	-24.43	-26.2	-36.14	-18.83	-37.12	-65.67
Divestitures	-	-	12.84	-	-	-
Investing Cash Flow	-24.43	-26.2	-23.3	-18.83	-37.12	-65.67
Short-Term Debt Issued	-	192.68	169.03	130.15	10.27	-
Long-Term Debt Issued	-	-	135.09	-	31.55	106.88
Total Debt Issued	176.87	192.68	304.12	130.15	41.82	106.88
Short-Term Debt Repaid	-	-136.16	-153.69	-107.05	-	-
Long-Term Debt Repaid	-	-3.84	-1.3	-36.79	-186.9	-31.18
Total Debt Repaid	-150.75	-140	-154.99	-143.84	-186.9	-31.18
Net Debt Issued (Repaid)	26.12	52.68	149.13	-13.69	-145.09	75.69
Issuance of Common Stock	-	-	-	0.05	5.21	15.84
Repurchase of Common Stock	-0.77	-1.72	-2.58	-0.96	-0.49	-2.19
Other Financing Activities	-	-	-24.55	-	-10.71	-0.73
Financing Cash Flow	25.35	50.96	121.99	-14.6	198.92	88.61
Foreign Exchange Rate Adjustments	-3.72	-2.42	2.02	-3.45	-14.25	-2.07
Net Cash Flow	53.33	34.85	19.74	-99.15	122.02	58.45
Free Cash Flow	31.7	-13.7	-117.11	-81.1	-62.64	-28.1
Free Cash Flow Margin	2.31%	-1.03%	-8.18%	-5.49%	-4.25%	-2.46%
Free Cash Flow Per Share	0.67	-0.29	-2.74	-1.93	-1.67	-0.79
Cash Interest Paid	15.28	13.54	9.65	5.73	13.36	9.85
Cash Income Tax Paid	17.07	19.87	23.12	30.82	25.27	20.97
Levered Free Cash Flow	89.36	51.13	38.78	-21.89	-20.31	-63.54
Unlevered Free Cash Flow	115.79	76.56	44.19	-18.75	-12.84	-57.41
Change in Net Working Capital	-146.58	-115.87	-89.16	74.24	-5.65	19.81

Updated May 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q