Westrock Coffee Co

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

About 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.

Jun 30, 2025 · Filed Aug 7, 2025

WEST$8.88+1.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Cash Flows

(Unaudited)


· · Six Months Ended June 30,
(Thousands)	2025		2024
Cash flows from operating activities:
Net loss		$(48,781)		$(41,432)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization		26,771		15,516
Impairment charges		—		831
Equity-based compensation		8,080		5,481
Provision for credit losses		(22)		1,026
Amortization of deferred financing fees included in interest expense		1,755		1,715
Write-off of unamortized deferred financing fees		137		—
(Gain) loss on disposal of property, plant and equipment		7		973
Gain on de-consolidation of Rwanda Trading Company		(2,291)		—
Mark-to-market adjustments		(3,514)		(3,162)
Change in fair value of warrant liabilities		—		(1,653)
Foreign currency transactions		(141)		53
Deferred income tax expense (benefit)		1,458		1,170
Other		(2,738)		490
Change in operating assets and liabilities:
Accounts receivable		12,154		(3,954)
Inventories		(43,345)		(12,912)
Derivative assets and liabilities		(8,388)		4,709
Prepaid expense and other assets		1,520		733
Accounts payable		10,931		(20,211)
Accrued liabilities and other		17,334		34,936
Net cash used in operating activities		(29,073)		(15,691)
Cash flows from investing activities:
Additions to property, plant and equipment		(61,826)		(105,105)
Additions to intangible assets		(40)		(104)
Proceeds from sale of equity method investments and non-marketable securities		500		—
Acquisition of equity method investments and non-marketable securities, inclusive of cash contributed		(2,952)		—
Proceeds from sale of property, plant and equipment		316		449
Net cash used in investing activities		(64,002)		(104,760)
Cash flows from financing activities:
Payments on debt		(46,799)		(134,634)
Proceeds from debt		131,373		184,124
Payments on supply chain financing program		(79,847)		(49,612)
Proceeds from supply chain financing program		99,309		47,872
Proceeds from convertible notes payable		—		22,000
Proceeds from convertible notes payable - related party		—		50,000
Payment of debt issuance costs		(2,354)		(2,965)
Payment of convertible notes payable issuance costs		—		(511)
Net proceeds from (repayments of) repurchase agreements		9,769		(7,343)
Proceeds from exercise of stock options		—		12
Proceeds from issuance of common stock		—		635
Payment of equity issuance costs		—		(10)
Payment for taxes for net share settlement of equity awards		(1,564)		(1,159)
Net cash provided by financing activities		109,887		108,409
Effect of exchange rate changes on cash		(52)		229
Net increase (decrease) in cash and cash equivalents and restricted cash		16,760		(11,813)
Cash and cash equivalents and restricted cash at beginning of period		35,564		37,840
Cash and cash equivalents and restricted cash at end of period		$52,324		$26,027

Supplemental non-cash investing and financing activities:
Property, plant and equipment acquired but not yet paid		$10,259		$16,191

The total cash and cash equivalents and restricted cash at June 30, 2025 and 2024 is as follows:


(Thousands) · June 30, 2025 · June 30, 2024
Cash and cash equivalents	$43,956	$24,316
Restricted cash	8,368	1,711
Total	$52,324	$26,027

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.