Cash flow Digi International Inc.

Equities

DGII

US2537981027

Communications & Networking

Market Closed - Nasdaq Other stock markets 04:00:00 2025-02-07 pm EST			5-day change	1st Jan Change
35.11 ^USD	-1.60%		+12.35%	+16.14%

Feb. 05	Digi International Inc., Q1 2025 Earnings Call, Feb 05, 2025
Feb. 05	Earnings Flash (DGII) Digi International, Reports Q1 Adjusted EPS $0.50, vs. FactSet Est of $0.48	MT

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Published financial data: DIGI INTERNATIONAL INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues	279M	309M	388M	445M	424M
Total Revenues	279M	309M	388M	445M	424M
Cost of Goods Sold, Total	131M	137M	167M	189M	170M
Gross Profit	148M	171M	222M	256M	254M
Selling General & Admin Expenses, Total	86.13M	102M	124M	143M	142M
R&D Expenses	43.76M	46.62M	55.1M	58.65M	60.29M
Amortization of Goodwill and Intangible Assets - (IS)	4.49M	4.5M	5.3M	3.96M	3.81M
Other Operating Expenses, Total	134M	153M	185M	206M	206M
Operating Income	14.08M	18.2M	36.7M	50.1M	48.09M
Interest Expense, Total	-3.59M	-1.4M	-19.7M	-25.24M	-25.14M
Interest And Investment Income	304K	10K	11K	-	-
Net Interest Expenses	-3.29M	-1.38M	-19.69M	-25.24M	-25.14M
Currency Exchange Gains (Loss)	-600K	-100K	100K	-	-
Other Non Operating Income (Expenses)	34K	-44K	-2K	59K	-94K
EBT, Excl. Unusual Items	10.22M	16.67M	17.1M	24.92M	22.86M
Restructuring Charges	-117K	-995K	-275K	-	-
Merger & Related Restructuring Charges	-2.77M	-900K	-4.4M	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	128K	-5.77M	6.2M	-	-
EBT, Incl. Unusual Items	7.46M	9M	18.63M	24.92M	22.86M
Income Tax Expense	-948K	-1.37M	-755K	148K	353K
Earnings From Continuing Operations	8.41M	10.37M	19.38M	24.77M	22.5M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	8.41M	10.37M	19.38M	24.77M	22.5M
Net Income - (IS)	8.41M	10.37M	19.38M	24.77M	22.5M
Net Income to Common Incl Extra Items	8.41M	10.37M	19.38M	24.77M	22.5M
Net Income to Common Excl. Extra Items	8.41M	10.37M	19.38M	24.77M	22.5M
Per Share Items
Net EPS - Basic	0.29	0.32	0.55	0.69	0.62
Basic EPS - Continuing Operations	0.29	0.32	0.55	0.69	0.62
Basic Weighted Average Shares Outstanding	28.85M	32.11M	35.03M	35.82M	36.32M
Net EPS - Diluted	0.28	0.31	0.54	0.67	0.61
Diluted EPS - Continuing Operations	0.28	0.31	0.54	0.67	0.61
Diluted Weighted Average Shares Outstanding	29.55M	33.39M	36M	36.87M	36.98M
Normalized Basic EPS	0.22	0.32	0.31	0.43	0.39
Normalized Diluted EPS	0.22	0.31	0.3	0.42	0.39
Supplemental Items
EBITDA	33.38M	39.07M	74.27M	84.05M	81.71M
EBITA	28.83M	34.73M	67.62M	77.3M	73.2M
EBIT	14.08M	18.2M	36.7M	50.1M	48.09M
EBITDAR	37.64M	43.8M	79.25M	89.29M	86.61M
Total Revenues (As Reported)	279M	309M	388M	445M	424M
Effective Tax Rate - (Ratio)	-12.7	-15.19	-4.05	0.59	1.54
Current Domestic Taxes	1.28M	1.63M	1.05M	11.85M	11.14M
Current Foreign Taxes	1.13M	1.68M	1.28M	598K	832K
Total Current Taxes	2.41M	3.31M	2.32M	12.45M	11.98M
Deferred Domestic Taxes	-2.91M	-4.24M	-2.98M	-12.13M	-11.19M
Deferred Foreign Taxes	-446K	-430K	-97K	-168K	-434K
Total Deferred Taxes	-3.36M	-4.68M	-3.08M	-12.3M	-11.62M
Normalized Net Income	6.39M	10.42M	10.69M	15.57M	14.29M
Supplemental Operating Expense Items
Selling and Marketing Expenses	52.76M	61.91M	70.37M	81.68M	83.28M
General and Administrative Expenses	33.37M	39.93M	54.13M	61.78M	58.25M
Research And Development Expense From Footnotes	43.76M	46.62M	55.1M	58.65M	60.29M
Net Rental Expense, Total	4.26M	4.72M	4.99M	5.24M	4.91M
Imputed Operating Lease Interest Expense	-	720K	4.84M	4.42M	5.51M
Imputed Operating Lease Depreciation	-	4M	149K	823K	-601K
Stock-Based Comp., COGS (Total)	291K	371K	466K	628K	698K
Stock-Based Comp., R&D Exp. (Total)	1.2M	1.03M	1.24M	1.78M	1.93M
Stock-Based Comp., S&M Exp. (Total)	2.32M	2.07M	2.5M	4.11M	4.62M
Stock-Based Comp., G&A Exp. (Total)	3.43M	4.66M	4.37M	6.77M	5.91M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	7.24M	8.14M	8.58M	13.29M	13.16M

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	54.13M	152M	34.9M	31.69M	27.51M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	54.13M	152M	34.9M	31.69M	27.51M
Accounts Receivable, Total	59.23M	43.74M	50.45M	56M	69.64M
Other Receivables	-	-	-	-	-
Total Receivables	59.23M	43.74M	50.45M	56M	69.64M
Inventory	51.57M	43.92M	73.22M	74.4M	53.36M
Prepaid Expenses	-	-	-	-	3.94M
Deferred Tax Assets Current	-	-	3.76M	-	-
Other Current Assets, Total	5.13M	6.57M	3.87M	4.11M	-
Total Current Assets	170M	247M	166M	166M	154M
Gross Property Plant And Equipment	54.35M	56.86M	76.59M	81.53M	91.74M
Accumulated Depreciation	-28.51M	-29.04M	-33.7M	-39.55M	-46.62M
Net Property Plant And Equipment	25.84M	27.82M	42.89M	41.98M	45.12M
Long-term Investments	-	-	-	-	-
Goodwill	210M	226M	340M	342M	343M
Other Intangibles, Total	121M	118M	302M	277M	253M
Deferred Tax Assets Long-Term	389K	439K	-	4.88M	16.14M
Other Long-Term Assets, Total	1.01M	1.07M	2.25M	3.79M	3.68M
Total Assets	529M	620M	854M	836M	815M
Liabilities
Accounts Payable, Total	28.07M	22.59M	32.37M	17.15M	23.76M
Accrued Expenses, Total	9.37M	12.93M	14.58M	16.43M	14M
Current Portion of Long-Term Debt	1.97M	-	15.52M	15.52M	-
Current Portion of Leases	2.53M	2.63M	3.2M	3.35M	2.97M
Current Income Taxes Payable	-	-	-	1.12M	2.55M
Unearned Revenue Current, Total	7.69M	13.59M	19.8M	25.27M	30.56M
Other Current Liabilities	11.6M	7.2M	11.04M	7.14M	15.5M
Total Current Liabilities	61.23M	58.94M	96.51M	85.98M	89.34M
Long-Term Debt	58.98M	45.8M	222M	188M	123M
Long-Term Leases	16.19M	18.37M	16.98M	13.99M	11.23M
Deferred Tax Liability Non Current	17.17M	13.49M	9.67M	1.81M	1.31M
Other Non Current Liabilities	3.61M	10.41M	6.78M	5.21M	8.98M
Total Liabilities	157M	147M	352M	295M	234M
Common Stock, Total	355K	407K	420K	425K	430K
Additional Paid In Capital	280M	371M	385M	404M	420M
Retained Earnings	170M	181M	200M	225M	247M
Treasury Stock	-55.11M	-56.54M	-58.17M	-61.51M	-63.41M
Comprehensive Income and Other	-23.82M	-22.75M	-26.05M	-27.01M	-23.74M
Total Common Equity	372M	473M	502M	540M	581M
Total Equity	372M	473M	502M	540M	581M
Total Liabilities And Equity	529M	620M	854M	836M	815M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	29.24M	34.41M	35.56M	36.11M	36.58M
ECS Total Common Shares Outstanding	29.16M	34.26M	35.54M	36.06M	36.55M
Book Value / Share	12.74	13.79	14.11	14.99	15.9
Tangible Book Value	40.12M	129M	-141M	-78.19M	-14.65M
Tangible Book Value Per Share	1.38	3.76	-3.97	-2.17	-0.4
Total Debt	79.67M	66.8M	258M	221M	137M
Net Debt	25.54M	-85.63M	223M	189M	110M
Debt Equivalent Oper. Leases	34.08M	37.8M	39.89M	41.92M	39.26M
Account Code - Inventory Valuation	5	5	5	-	5
Inventories - Raw Materials, Total	14.01M	27.26M	39.19M	29.97M	18.67M
Inventories - Work In Process, Total	-	14K	592K	66K	52K
Inventories - Finished Goods, Total	37.56M	16.64M	33.44M	44.36M	34.64M
Land - (BS)	570K	570K	520K	570K	570K
Buildings, Total	2.34M	2.34M	2.34M	2.34M	2.34M
Machinery, Total	20.39M	19.05M	20.14M	20.37M	20.86M
Full Time Employees	656	659	790	822	805
Accumulated Allowance for Doubtful Accounts (Supple)	3.78M	3.93M	3.28M	1.69M	1.56M
Order Backlog	-	-	-	-	-

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	8.41M	10.37M	19.38M	24.77M	22.5M
Depreciation & Amortization - CF	4.54M	4.34M	6.64M	6.75M	8.51M
Amortization of Goodwill and Intangible Assets - (CF)	14.75M	16.53M	30.93M	27.2M	25.11M
Depreciation & Amortization, Total	19.3M	20.88M	37.57M	33.96M	33.62M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	9.72M
(Gain) Loss From Sale Of Asset	-	89K	4K	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	7.24M	8.14M	8.58M	13.29M	13.16M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	2.14M	2.29M	427K	-2.63M	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-489K	2.42M	-2.88M	-13.54M	-7.6M
Change In Accounts Receivable	5.54M	11.47M	-541K	-2.92M	-13.64M
Change In Inventories	-11.13M	4.68M	-41.37M	-5.06M	8.79M
Change In Accounts Payable	3.2M	-5.58M	7.28M	-15.5M	6.45M
Change In Income Taxes	-1.1M	165K	-1.3M	4.09M	2.28M
Change in Other Net Operating Assets	1.37M	2.82M	10.59M	319K	7.82M
Cash from Operations	34.48M	57.72M	37.74M	36.75M	83.09M
Capital Expenditure	-899K	-2.26M	-1.97M	-4.34M	-2.23M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-136M	-19.11M	-348M	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	2.23M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-137M	-21.36M	-350M	-4.34M	3K
Long-Term Debt Issued, Total	119M	617K	350M	-	214M
Total Debt Issued	119M	617K	350M	-	214M
Long-Term Debt Repaid, Total	-55.89M	-15.62M	-148M	-36.38M	-305M
Total Debt Repaid	-55.89M	-15.62M	-148M	-36.38M	-305M
Issuance of Common Stock	6.97M	83.57M	11M	6.19M	5.18M
Repurchase of Common Stock	-1.79M	-2.12M	-6.66M	-4.31M	-3.57M
Other Financing Activities, Total	-4.7M	-4.2M	-13.44M	-	-
Cash from Financing	63.6M	62.24M	193M	-34.5M	-89.05M
Foreign Exchange Rate Adjustments	253K	-297K	1.47M	-1.11M	1.77M
Net Change in Cash	-38.66M	98.3M	-118M	-3.21M	-4.18M
Supplemental Items
Cash Interest Paid	3.01M	917K	14.21M	26.35M	14.76M
Cash Income Tax Paid (Refund)	3.69M	3.68M	4.33M	8.69M	7.31M
Levered Free Cash Flow	28.29M	58.54M	39.2M	44.55M	97.68M
Unlevered Free Cash Flow	30.53M	59.41M	51.51M	60.32M	104M
Change In Net Working Capital	3.9M	-21.28M	15.6M	13.88M	-26.83M
Net Debt Issued / Repaid	63.12M	-15.01M	202M	-36.38M	-90.66M

Fiscal Period: September	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.9	1.98	3.11	3.71	3.64
Return on Total Capital	2.2	2.3	3.53	4.12	4.06
Return On Equity %	2.33	2.46	3.98	4.75	4.01
Return on Common Equity	2.33	2.46	3.98	4.75	4.01
Margin Analysis
Gross Profit Margin %	53.16	55.46	57.08	57.58	59.83
SG&A Margin	30.84	33	32.07	32.25	33.38
EBITDA Margin %	11.95	12.66	19.13	18.89	19.27
EBITA Margin %	10.32	11.25	17.42	17.38	17.26
EBIT Margin %	5.04	5.9	9.45	11.26	11.34
Income From Continuing Operations Margin %	3.01	3.36	4.99	5.57	5.31
Net Income Margin %	3.01	3.36	4.99	5.57	5.31
Net Avail. For Common Margin %	3.01	3.36	4.99	5.57	5.31
Normalized Net Income Margin	2.29	3.37	2.75	3.5	3.37
Levered Free Cash Flow Margin	10.13	18.97	10.1	10.02	23.03
Unlevered Free Cash Flow Margin	10.93	19.25	13.27	13.56	24.45
Asset Turnover
Asset Turnover	0.6	0.54	0.53	0.53	0.51
Fixed Assets Turnover	14.07	11.5	10.98	10.48	9.74
Receivables Turnover (Average Receivables)	4.83	5.99	8.24	8.36	6.75
Inventory Turnover (Average Inventory)	2.86	2.88	2.85	2.56	2.67
Short Term Liquidity
Current Ratio	2.78	4.18	1.72	1.93	1.73
Quick Ratio	1.85	3.33	0.88	1.02	1.09
Operating Cash Flow to Current Liabilities	0.56	0.98	0.39	0.43	0.93
Days Sales Outstanding (Average Receivables)	75.78	60.88	44.28	43.67	54.22
Days Outstanding Inventory (Average Inventory)	127.77	126.76	128.29	142.78	137.26
Average Days Payable Outstanding	63.2	71.2	51.19	47.6	50.14
Cash Conversion Cycle (Average Days)	140.35	116.44	121.38	138.85	141.33
Long Term Solvency
Total Debt/Equity	21.45	14.14	51.47	40.87	23.64
Total Debt / Total Capital	17.66	12.39	33.98	29.01	19.12
LT Debt/Equity	20.23	13.58	47.74	37.38	23.13
Long-Term Debt / Total Capital	16.66	11.9