XELA · Exela Technologies, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $269.17M | $245.65M | $258.81M | - | $253.13M | $272.94M | $273.62M | - | $264.04M | $266.77M |
| Cost of Revenue | - | - | - | - | - | - | $216.47M | - | $217.84M | $217.28M |
| Gross Profit | $54.26M | $57.69M | $56.82M | - | $54.67M | $60.88M | $57.15M | - | $46.20M | $49.49M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $35.09M | $41.78M | $40.85M | - | $35.37M | $32.03M | $44.38M | - | $44.37M | $50.20M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $13.04M | $14.98M | $13.51M | - | $14.40M | $14.89M | $16.56M | - | $17.74M | $17.99M |
| Operating Income | $3.19M | ($2.35M) | $71.0K | - | $2.06M | $11.22M | ($6.90M) | - | ($47.49M) | ($20.88M) |
| Interest Expense | $24.71M | $45.09M | - | - | - | - | - | - | - | - |
| Income Tax | $4.76M | $2.05M | $3.13M | - | $1.81M | $2.54M | $2.66M | - | $1.92M | $1.30M |
| Net Income | ($24.02M) | ($25.68M) | ($24.88M) | - | ($23.11M) | ($30.89M) | ($45.44M) | - | ($85.28M) | ($79.20M) |
| EPS - Basic | ($4.15) | ($4.40) | ($4.27) | - | ($3.97) | ($5.19) | ($10.00) | - | ($276.00) | ($644.00) |
| EPS - Diluted | ($4.15) | ($4.40) | ($4.27) | - | ($3.97) | ($5.19) | ($10.00) | - | ($276.00) | ($644.00) |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.28M | $30.33M | $9.50M | $23.34M | $6.14M | $10.72M | $9.91M | $15.07M | $10.40M | $50.26M |
| Accounts Receivable | $48.58M | $61.50M | $101.62M | $76.89M | $96.87M | $184.10M | $99.32M | $101.62M | $93.60M | $99.35M |
| Inventory | $13.36M | $13.25M | $12.47M | $11.50M | $11.00M | $11.05M | $16.91M | $16.85M | $17.23M | $16.23M |
| Accounts Payable | $61.43M | $68.63M | $66.38M | $61.11M | $73.74M | $64.11M | $72.05M | $79.25M | $80.78M | $70.09M |
| Current Assets | $139.09M | $156.60M | $150.40M | $181.21M | $175.09M | $193.86M | $195.81M | $190.50M | $184.69M | $239.25M |
| Total Assets | $566.97M | $587.95M | $591.80M | $636.34M | $645.37M | $675.34M | $713.10M | $721.91M | $865.27M | $967.57M |
| Current Liabilities | $401.85M | $411.03M | $364.68M | $394.88M | $370.50M | $456.19M | $470.25M | $510.05M | $516.62M | $529.51M |
| Long-term Debt | $1.03B | $1.02B | $1.04B | $1.03B | $1.04B | $960.97M | $953.43M | $942.03M | $909.51M | $975.46M |
| Total Liabilities | $1.50B | $1.50B | $1.47B | $1.50B | $1.49B | $1.49B | $1.50B | $1.53B | $1.51B | $1.60B |
| Stockholders' Equity | ($930.43M) | ($903.79M) | ($877.76M) | ($855.50M) | ($842.88M) | ($817.01M) | ($788.08M) | ($807.59M) | ($647.56M) | ($629.07M) |
| Retained Earnings | ($2.16B) | ($2.13B) | ($2.11B) | ($2.08B) | ($2.06B) | ($2.02B) | ($1.99B) | ($1.95B) | ($1.75B) | ($1.67B) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($29.08M) | - | - | - | ($53.04M) | - | - | - |
| Investing Cash Flow | - | - | ($584.0K) | - | - | - | ($2.90M) | - | - | - |
| Financing Cash Flow | - | - | ($3.55M) | - | - | - | $61.55M | - | - | - |
| CapEx | - | - | $2.38M | - | - | - | $1.89M | - | - | - |
| Free Cash Flow | - | - | ($31.46M) | - | - | - | ($54.92M) | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 20.2% | 23.5% | 22.0% | - | 21.6% | 22.3% | 20.9% | - | 17.5% | 18.6% |
| Operating margin | 1.2% | -1.0% | 0.0% | - | 0.8% | 4.1% | -2.5% | - | -18.0% | -7.8% |
| EBITDA margin | 6.0% | 5.1% | 5.2% | - | 6.5% | 9.6% | 3.5% | - | -11.3% | -1.1% |
| Net margin | -8.9% | -10.5% | -9.6% | - | -9.1% | -11.3% | -16.6% | - | -32.3% | -29.7% |
| Free cash flow margin | - | - | -12.2% | - | - | - | -20.1% | - | - | - |
| FCF / Net income | - | - | 1.26 | - | - | - | 1.21 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 13.0% | 17.0% | 15.8% | - | 14.0% | 11.7% | 16.2% | - | 16.8% | 18.8% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -4.2% | -4.4% | -4.2% | - | -3.6% | -4.6% | -6.4% | - | -9.9% | -8.2% |
| Return on equity | 2.6% | 2.8% | 2.8% | - | 2.7% | 3.8% | 5.8% | - | 13.2% | 12.6% |
| Return on invested capital | 2.6% | -1.7% | 0.0% | - | 0.8% | 6.2% | -3.3% | - | -14.3% | -4.8% |
| Liquidity | ||||||||||
| Current ratio | 0.35 | 0.38 | 0.41 | 0.46 | 0.47 | 0.42 | 0.42 | 0.37 | 0.36 | 0.45 |
| Quick ratio | 0.31 | 0.35 | 0.38 | 0.43 | 0.44 | 0.40 | 0.38 | 0.34 | 0.32 | 0.42 |
| Cash ratio | 0.03 | 0.07 | 0.03 | 0.06 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.09 |
| Leverage | ||||||||||
| Debt / Equity | -1.10 | -1.12 | -1.19 | -1.20 | -1.24 | -1.18 | -1.21 | -1.17 | -1.40 | -1.55 |
| Debt / Assets | 1.81 | 1.73 | 1.76 | 1.62 | 1.62 | 1.42 | 1.34 | 1.30 | 1.05 | 1.01 |
| Debt / EBITDA | 63.34 | 80.39 | 76.74 | - | 63.40 | 36.80 | 98.70 | - | - | - |
| Interest coverage | 0.1x | -0.1x | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.61 | -0.65 | -0.67 | -0.74 | -0.77 | -0.83 | -0.90 | -0.89 | -1.34 | -1.54 |
| Liabilities / Assets | 2.65 | 2.55 | 2.49 | 2.35 | 2.31 | 2.21 | 2.11 | 2.12 | 1.75 | 1.65 |
| Efficiency | ||||||||||
| Asset turnover | 0.47 | 0.42 | 0.44 | - | 0.39 | 0.40 | 0.38 | - | 0.31 | 0.28 |
| Inventory turnover | - | - | - | - | - | - | 12.80 | - | 12.64 | 13.39 |
| Days sales outstanding | 66d | 91d | 143d | - | 140d | 246d | 132d | - | 129d | 136d |
| Days inventory outstanding | - | - | - | - | - | - | 29d | - | 29d | 27d |
| Days payable outstanding | - | - | - | - | - | - | 121d | - | 135d | 118d |
| Cash conversion cycle | - | - | - | - | - | - | 40d | - | 23d | 45d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 0.0x | 0.1x | 0.1x | - | 0.1x | 0.1x | 27.4x | - | 21.7x | 43.2x |
| EV / EBITDA | 63.4x | 79.2x | 77.6x | - | 64.7x | 37.5x | 875.1x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 6.3% | -10.0% | -5.4% | - | -4.1% | 2.3% | -2.1% | - | -5.4% | -9.0% |
| Revenue CAGR (3y) | -1.2% | -5.7% | -4.8% | - | -6.1% | -3.9% | -9.2% | - | -10.9% | -11.9% |
| Revenue CAGR (5y) | -6.3% | -8.8% | -8.5% | - | -8.0% | -7.8% | -7.0% | - | -4.8% | - |
| Gross profit growth (YoY) | -0.8% | -5.2% | -0.6% | - | 18.4% | 23.0% | 2.3% | - | -31.6% | -41.0% |
| Operating income growth (YoY) | 54.6% | - | - | - | - | - | 6.1% | - | - | - |
| Net income growth (YoY) | -4.0% | 16.9% | 45.2% | - | 72.9% | 61.0% | 20.2% | - | -545.4% | -308.9% |
| EPS growth (YoY) | -4.5% | 15.2% | 57.3% | - | 98.6% | 99.2% | -5782.4% | - | -45900.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 42.7% | - | - | - | -6.1% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -10.4% | -10.6% | -11.4% | -5.9% | -30.2% | -29.9% | -29.8% | -21.1% | 11.6% | 33.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$1.06B totalITPSSegment$732.32M · 68.8%
HSSegment$251.38M · 23.6%
LLPSSegment$80.42M · 7.6%
Geographic
$732.32M totalUS$545.47M · 74.5%
Europe$166.57M · 22.7%
Other Countries$20.28M · 2.8%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing Exela Technologies against the 5 most active filers in the same SIC group.