CIMPRESS plc
For the period ended Dec 31, 2024. Filed Jan 31, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Jan 31, 2025
CMPR$56.52+2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows for the
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Six Months Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating activities | ||
| Net income | $49,231 | $64,823 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 70,757 | 79,031 |
| Share-based compensation expense | 30,006 | 30,102 |
| Deferred taxes | 3,373 | (2,115) |
| Loss (gain) on early extinguishment of debt | 123 | (1,721) |
| Unrealized (gain) loss on derivatives not designated as hedging instruments included in net income | (12,313) | 4,868 |
| Effect of exchange rate changes on monetary assets and liabilities denominated in non-functional currency | (9,448) | (10,663) |
| Other non-cash items | 3,370 | (770) |
| Changes in operating assets and liabilities, net of effects of businesses acquired: | ||
| Accounts receivable | 5,495 | 2,521 |
| Inventory | (6,562) | 5,309 |
| Prepaid expenses and other assets | (13,572) | 881 |
| Accounts payable | 11,557 | 55,017 |
| Accrued expenses and other liabilities | 48,886 | (10,083) |
| Net cash provided by operating activities | 180,903 | 217,200 |
| Investing activities | ||
| Purchases of property, plant and equipment | (43,419) | (33,955) |
| Capitalization of software and website development costs | (31,248) | (28,344) |
| Proceeds from the sale of assets | 1,668 | 5,988 |
| Proceeds from maturity of held-to-maturity investments | 4,500 | 25,916 |
| Proceeds from the settlement of derivatives designated as hedging instruments | 5,438 | — |
| Net cash used in investing activities | (63,061) | (30,395) |
| Financing activities | ||
| Proceeds from issuance of 7.375% Senior Notes due 2032 | 525,000 | — |
| Payments for early redemption or purchase of 7.0% Senior Notes due 2026 | (522,135) | (24,471) |
| Proceeds from borrowings of debt | 41,191 | 520 |
| Payments of debt | (49,156) | (7,675) |
| Payments of debt issuance costs | (11,551) | — |
| Payments of withholding taxes in connection with equity awards | (16,770) | (10,188) |
| Payments of finance lease obligations | (4,158) | (4,880) |
| Purchase of noncontrolling interests | (4,058) | — |
| Purchase of ordinary shares | (52,987) | — |
| Proceeds from issuance of ordinary shares | 1,369 | 88 |
| Distributions to noncontrolling interests | (821) | (549) |
| Net cash used in financing activities | (94,076) | (47,155) |
| Effect of exchange rate changes on cash | (3,112) | 4,245 |
| Net increase in cash and cash equivalents | 20,654 | 143,895 |
| Cash and cash equivalents at beginning of period | 203,775 | 130,313 |
| Cash and cash equivalents at end of period | $224,429 | $274,208 |
CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
| Six Months Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Supplemental disclosures of cash flow information | ||
| Cash paid for interest | $54,753 | $66,646 |
| Cash received for interest | 6,380 | 6,165 |
| Cash paid for income taxes | 11,386 | 26,434 |
| Non-cash investing and financing activities | ||
| Property and equipment acquired under finance leases | 805 | 2,209 |
| Amounts accrued related to property, plant and equipment | 16,477 | 6,561 |
| Amounts accrued related to capitalized software development costs | 60 | 189 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.