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DAKT - Daktronics, Inc.

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Daktronics, Inc.

DAKT

NASDAQ

Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation; indoor and outdoor light emitting diodes (LED) video displays, including centerhung, landmark, ribbon board, and corporate office entrance displays, as well as video walls and hanging banners; mobile and modular display systems; architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms. It also provides control components for video displays in live event applications; message displays; ITS dynamic message signs, including LED displays for road management; mass transit displays; and sound systems for indoor and outdoor sports venues. In addition, the company offers out-of-home advertising displays comprising digital billboards and street furniture displays; DataTime product line that consists of outdoor time and temperature displays; and Fuelight digit displays designed for the petroleum industry. Further, it provides ADFLOW DMS systems that include indoor networked solutions for retailers, convenience stores, and other businesses; and Venus Control Suite, Show Control, Vanguard, and others, as well as maintenance and professional services related to its products. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota.

12.85 USD

0.16 (1.25%)

DAKT Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

63.24M

15.02M

-27.04M

66.21M

Net Income

34.62M

6.8M

592k

10.93M

Depreciation & Amortization

19.29M

16.99M

15.39M

17.08M

Deferred Income Taxes

-9.07M

-3.63M

-1.55M

1.31M

Stock Based Compensation

2.09M

2.03M

1.97M

2.07M

Change in Working Capital

-14.13M

-19.86M

-45.38M

31.73M

Accounts Receivable

0

-10.42M

-33.88M

4.86M

Inventory

10.86M

-15.06M

-61.16M

13.9M

Accounts Payable

-7.12M

-5.34M

33M

-7.08M

Other Working Capital

-17.87M

10.97M

16.65M

20.05M

Other Non-Cash Items

30.44M

12.7M

1.94M

3.1M

CF from Investing Activities

-21.31M

-25.39M

-31.38M

-10.22M

Investments in Property, Plant & Equipment

-16.98M

-25.39M

-20.38M

-7.89M

Net Acquisitions

0

-4.32M

-7.85M

-6.74M

Investment Purchases

0

4.32M

-4.04M

-6.74M

Sales/Maturities of Investments

550k

3.49M

0

1.23M

Other Investing Activites

-4.88M

-3.49M

885k

9.93M

CF from Financing Activities

15.12M

17.57M

-3.58M

-15.59M

Debt Repayment

21.33M

18.68M

-200k

-15.46M

Common Stock Issued

0

0

0

0

Common Stock Repurchased

-303k

-140k

-3.18M

-125k

Dividends Paid

0

0

0

0

Other Financing Activites

-5.9M

-970k

-192k

-125k

Free Cash Flow

46.26M

-10.36M

-47.41M

58.32M

Operating Cash Flow

63.24M

15.02M

-27.04M

66.21M

Capital Expenditures

-16.98M

-25.39M

-20.38M

-7.89M

Cash at Beginning of Period

24.69M

18.01M

80.4M

40.41M

Cash at End of Period

81.68M

24.69M

18.01M

80.4M

Net Change In Cash

56.99M

6.68M

-62.39M

39.99M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

103.41M

96.61M

96.02M

85.09M

Net Income

34.62M

6.8M

592k

10.93M

Stock Repurchases

-303k

-140k

-3.18M

-125k

Dividend Paid

0

0

0

0

Retained Earnings

138.03M

103.41M

96.61M

96.02M

Other Distributions

34.32M

6.66M

-2.59M

10.8M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

71.75M

72.15M

66.77M

58.68M

Annual Depreciation

17.74M

16.99M

15.39M

17.08M

Capital Expenditure

-16.98M

-25.39M

-20.38M

-7.89M

Net PPE

70.99M

80.54M

71.75M

49.5M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-13k

-4.69M

-487k

671k

Goodwill (Previous Year)

3.24M

7.93M

8.41M

7.74M

Goodwill

3.23M

3.24M

7.93M

8.41M

All figures are in USD.

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