Cadre Holdings, Inc.

CDRE

CDRECadre Holdings, Inc. US flag

New York Stock Exchange

29.19

USD

-1.01

- -

1.25BMarket Cap

Income Statement (USD)

API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	421	405	427	458	483	568	610
+ Sales & Services Revenue	421	405	427	458	483	568	610
- Cost of Revenue	275	252	257	282	282	334	351
+ Cost of Goods & Services	275	252	257	282	282	334	351
Gross Profit	146	153	171	176	201	233	260
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	118	97	116	155	142	161	185
+ Selling, General & Admin	124	107	115	153	141	158	183
+ Research & Development	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-7	-9	1	1	1	2	1
Operating Income (Loss)	28	56	55	21	59	73	75
- Non-Operating (Income) Loss	30	28	36	12	6	19	13
+ Interest Expense, Net	30	24	16	6	5	8	12
+ Interest Expense	30	24	16	6	5	8	12
- Interest Income	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	1	3	20	5	1	11	- -
Pretax Income	-2	28	19	9	53	54	62
- Income Tax Expense (Benefit)	- -	-11	7	4	14	18	18
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-2	38	13	6	39	36	44
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-2	38	13	6	39	36	44
- Minority Interest	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-2	38	13	6	39	36	44
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-2	38	13	6	39	36	44
EBIT	28	56	55	21	59	73	75
EBITDA	44	70	69	37	74	89	94
EBITDA Margin (%)	10.4	17.39	16.12	8.02	15.43	15.71	15.35
EBITA	28	56	55	21	59	73	75
Gross Margin (%)	34.71	37.8	39.95	38.37	41.6	41.14	42.54
Operating Margin (%)	6.73	13.75	12.91	4.6	12.17	12.82	12.3
Profit Margin (%)	-0.46	9.5	2.96	1.27	8.01	6.37	7.23
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	0.45	0.32	0.32	0.35	0.38
Depreciation Expense	15	15	14	16	16	16	19
Basic Weighted Avg Shares	33	33	29	36	38	40	41
Basic EPS, GAAP	-0.06	1.15	0.44	0.16	1.03	0.9	1.08
Basic EPS from Cont Ops	-0.06	1.15	0.44	0.16	1.03	0.9	1.08
Diluted Weighted Avg Shares	33	33	29	36	38	40	43
Diluted EPS, GAAP	-0.06	1.15	0.44	0.16	1.02	0.9	1.02
Diluted EPS from Cont Ops	-0.06	1.15	0.44	0.16	1.02	0.9	1.02

Balance Sheet (USD)

API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	143	117	160	197	246	328	366
+ Cash, Cash Equivalents & STI	3	3	34	45	88	125	123
+ Cash & Cash Equivalents	3	3	34	45	88	125	123
+ ST Investments	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	56	44	48	65	58	94	111
+ Accounts Receivable, Net	56	44	48	65	58	94	111
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Inventories	62	61	64	70	81	82	100
+ Raw Materials	36	31	31	38	41	43	59
+ Work In Process	5	4	4	7	8	8	10
+ Finished Goods	21	26	29	25	32	31	31
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	23	10	14	17	19	27	32
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	164	166	152	195	185	325	404
+ Property, Plant & Equip, Net	36	35	33	54	51	61	99
+ Property, Plant & Equip	64	69	70	96	102	115	162
- Accumulated Depreciation	28	34	37	43	51	54	63
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	128	130	119	141	134	264	306
+ Total Intangible Assets	126	117	109	132	125	256	296
+ Goodwill	66	66	66	82	82	148	181
+ Other Intangible Assets	60	51	42	51	43	108	115
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2	13	10	9	9	9	9
Total Assets	307	283	312	392	431	653	770
+ Payables & Accruals	38	33	29	37	50	49	43
+ Accounts Payable	26	22	19	23	28	30	22
+ Accrued Taxes	1	1	1	5	10	7	5
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	12	10	9	9	11	13	16
+ ST Debt	4	3	13	16	16	16	22
+ ST Borrowings	4	3	13	12	12	11	16
+ ST Finance Leases	- -	- -	- -	4	4	5	6
+ Other ST Liabilities	20	26	32	26	30	29	39
+ Deferred Revenue	5	7	13	6	5	5	13
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	16	19	19	20	25	24	27
Total Current Liabilities	63	62	75	79	95	94	104
+ LT Debt	270	209	147	142	131	223	306
+ LT Borrowings	270	209	147	137	128	212	291
+ LT Finance Leases	- -	- -	- -	5	3	11	15
+ Other LT Liabilities	4	3	2	5	8	25	42
+ Accrued Liabilities	3	2	1	4	5	19	30
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1	1	1	1	3	6	12
Total Noncurrent Liabilities	274	212	149	147	139	247	348
Total Liabilities	337	274	223	226	234	341	452
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	49	49	128	207	213	307	283
+ Common Stock	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	49	49	128	207	213	307	283
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-75	-37	-37	-43	-16	6	35
+ Other Equity	-3	-3	-2	2	1	-1	- -
Equity Before Minority Interest	-30	9	89	166	197	312	318
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
Total Equity	-30	9	89	166	197	312	318
Total Liabilities & Equity	307	283	312	392	431	653	770
Shares Outstanding	35	34	34	37	38	41	42
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	9	7	16	21
Net Debt	272	210	126	104	52	98	184
Net Debt to Equity	-906.41	2,371.86	141.96	62.93	26.6	31.55	58.01
Tangible Common Equity Ratio	-86.18	-65.36	-9.86	12.95	23.53	14.06	4.52
Current Ratio	2.27	1.88	2.14	2.5	2.58	3.48	3.5
Cash Conversion Cycle	- -	99.23	99.09	104.8	112.11	106.47	130.35

Cash Flow Statement (USD)

API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-2	38	13	6	39	36	44
+ Depreciation & Amortization	15	15	14	16	16	16	19
+ Non-Cash Items	1	-25	23	38	9	16	17
+ Stock-Based Compensation	- -	- -	- -	32	9	8	12
+ Deferred Income Taxes	-1	-12	5	-1	- -	-2	2
+ Asset Impairment Charge	8	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-6	-13	18	7	- -	9	2
+ Chg in Non-Cash Work Cap	-7	17	-10	-13	10	-36	-16
+ (Inc) Dec in Accts Receiv	9	12	-5	-12	7	-25	8
+ (Inc) Dec in Inventories	6	2	-3	1	-10	10	-4
+ (Inc) Dec in Prepaid Assets	-2	2	-5	-8	- -	-6	-5
+ Inc (Dec) in Accts Payable	-20	2	3	5	14	-16	-16
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	7	45	40	46	73	32	64
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	12	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	12	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-5	-3	-4	-7	-6	-7
+ Acq of Fixed Prod Assets	-3	-5	-3	-4	-7	-6	-7
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	83	56	- -	92	- -
+ Increase in Capital Stock	- -	- -	83	56	- -	92	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	3	12	- -	- -	- -	- -	- -
+ Dec in LT Investment	3	14	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	-2	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	27	-2	- -	-56	- -	-142	-90
+ Cash from Divestitures	27	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-2	- -	-56	- -	-142	-90
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	2	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	26	20	-3	-60	-7	-147	-96
+ Dividends Paid	- -	- -	-13	-12	-12	-14	-15
+ Net Cash From Debt	-30	-56	-66	-11	-10	86	84
+ Cash From Debt	386	604	462	47	- -	135	98
+ Repayments of Debt	-416	-661	-528	-58	-10	-49	-14
+ Other Financing Activities	-2	-9	-11	-9	-3	-11	-37
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-32	-65	-7	24	-25	153	32
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	1
Net Changes in Cash	1	- -	31	11	42	37	-1
EBITDA	44	70	69	37	74	89	94
EBITDA Margin (%)	10.4	17.39	16.12	8.02	15.43	15.71	15.35
Free Cash Flow	4	41	37	42	66	26	57
Net Cash Paid for Acquisitions	-27	2	- -	56	- -	142	90
Free Cash Flow to Firm	- -	- -	48	46	70	31	66
Free Cash Flow to Equity	- -	-3	-29	31	57	112	141
Free Cash Flow per Basic Share	0.13	1.22	1.3	1.16	1.77	0.65	1.39
Price/Free Cash Flow	- -	- -	16.94	14.29	15.6	34.79	25.14
Cash Flow to Net Income	-3.85	1.18	3.17	7.97	1.89	0.88	1.44
Capital Expenditures	-3	-5	-3	-4	-7	-6	-7