Company research
Exela Technologies, Inc.
CIK 1620179Updated Sep 24, 2026
SecurityXELA · OTC · equity
Historical securities (2)
XELAW · NASDAQ · warrant · closed Jul 13, 2022QPACW · NASDAQ · warrant · closed Jan 15, 2025Name history
Quinpario Acquisition Corp. 2 · through Jul 12, 2017
XELA price & chart
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Recent filings
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Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 636,337,000Source | 721,912,000Source | 1,037,023,000Source | 1,157,779,000Source |
| GoodwillUSD | 170,452,000Source | 186,802,000Source | 358,323,000Source | 359,781,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 164,920,000Source | 200,982,000Source | 244,539,000Source | 292,664,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 23,341,000Source | 15,073,000Source | 20,775,000Source | 68,221,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 76,893,000Source | 101,616,000Source | 184,102,000Source | 206,868,000Source |
| Inventory, NetUSD | 11,502,000Source | 16,848,000Source | 15,215,000Source | 14,314,000Source |
| Assets, CurrentUSD | 181,208,000Source | 190,496,000Source | 279,891,000Source | 323,293,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 25,364,000Source | 26,206,000Source | 31,799,000Source | 31,091,000Source |
| Operating Lease, Right-of-Use AssetUSD | 33,874,000Source | 40,734,000Source | 53,937,000Source | 68,861,000Source |
| Other Assets, NoncurrentUSD | 24,474,000Source | 29,721,000Source | 24,775,000Source | 18,723,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,495,172,000Source | 1,529,501,000Source | 1,703,795,000Source | 2,084,311,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | 1,000Source | 1,000Source |
| Common Stock, Value, IssuedUSD | 261,000Source | 162,000Source | 37,000Source | 15,000Source |
| Additional Paid in CapitalUSD | 1,179,098,000Source | 1,102,619,000Source | 838,853,000Source | 446,739,000Source |
| Retained Earnings (Accumulated Deficit)USD | -2,084,114,000Source | -1,948,009,000Source | -1,532,428,000Source | -1,390,038,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -7,822,000Source | -8,371,000Source | -18,409,000Source | -24,483,000Source |
| Stockholders' Equity Attributable to ParentUSD | -855,503,000Source | -807,589,000Source | -666,772,000Source | -926,532,000Source |
| Liabilities and EquityUSD | 636,337,000Source | 721,912,000Source | 1,037,023,000Source | 1,157,779,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 394,882,000Source | 510,045,000Source | 591,840,000Source | 454,739,000Source |
| Operating Lease, Liability, CurrentUSD | 10,845,000Source | 11,867,000Source | 15,923,000Source | 18,349,000Source |
| Accounts Payable, CurrentUSD | 61,109,000Source | 79,249,000Source | 61,744,000Source | 76,027,000Source |
| Operating Lease, Liability, NoncurrentUSD | 26,703,000Source | 31,030,000Source | 41,170,000Source | 56,814,000Source |
| Deferred Income Tax Liabilities, NetUSD | 11,692,000Source | 11,180,000Source | 11,594,000Source | 9,569,000Source |
| Other Liabilities, NoncurrentUSD | 5,811,000Source | 6,104,000Source | 5,999,000Source | 13,624,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -3,332,000Source | — | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 63,699,000Source | 61,340,000Source | 113,519,000Source | 126,399,000Source |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | 174,000Source | 3,583,000Source | 10,946,000Source | 17,064,000Source |
| Deferred Tax Liabilities, NetUSD | 8,649,000Source | 9,697,000Source | — | 2,963,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 30,029,000Source | 154,802,000Source | 236,775,000Source | 39,952,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,030,580,000Source | 942,035,000Source | 1,012,452,000Source | 1,498,004,000Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -124,433,000Source | -415,581,000Source | -142,390,000Source | -178,530,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 60,535,000Source | 71,831,000Source | 77,150,000Source | 93,953,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 115,000Source | 970,000Source | 3,940,000Source | 2,846,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -22,729,000Source | -77,650,000Source | -17,438,000Source | -54,538,000Source |
| Deferred Income Tax Expense (Benefit)USD | -1,048,000Source | 147,000Source | 6,649,000Source | 7,940,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 3,556,000Source | -87,162,000Source | -111,534,000Source | -29,781,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 12,500,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 17,918,000Source | -21,770,000Source | -9,261,000Source | 21,438,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 8,075,000Source | 18,299,000Source | 14,574,000Source | 11,663,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | 135,000Source | — | 7,000Source |
| Payments for Repurchase of Common StockUSD | — | 487,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 624,000Source | 106,639,000Source | 98,651,000Source | 63,362,000Source |
| Repayments of Long-term DebtUSD | 48,529,000Source | 66,471,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 22,086,000Source | -2,993,000Source | -22,249,000Source | 56,210,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 67,153,000Source | 45,067,000Source | 48,060,000Source | 70,309,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 111,835,000Source | 98,602,000Source | 188,802,000Source | 152,678,000Source |
| Income Taxes Paid, NetUSD | 5,494,000Source | 5,790,000Source | 3,765,000Source | 2,695,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -12,000Source | -700,000Source | -105,000Source | 1,191,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 1,200,000Source | — |
| Amortization of Debt Issuance Costs and DiscountsUSD | 5,411,000Source | 15,261,000Source | 16,319,000Source | 15,117,000Source |
| Amortization of Intangible AssetsUSD | 40,500,000Source | 47,300,000Source | 50,500,000Source | 54,700,000Source |
| DepreciationUSD | 20,000,000Source | 24,500,000Source | 26,700,000Source | 39,200,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 70,000Source | 1,288,000Source | -173,000Source | 414,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 7,044,000Source | -707,000Source | 960,000Source | 43,338,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 16,129,000Source | -4,522,000Source | 16,689,000Source | — |
| GoodwillUSD | 170,452,000Source | 186,802,000Source | 358,323,000Source | 359,781,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | 171,182,000Source | — | — |
| Goodwill, Impairment LossUSD | — | 171,182,000Source | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | — |
| Income Tax Expense (Benefit)USD | 8,868,000Source | 4,199,000Source | 11,656,000Source | 13,584,000Source |
| Net Income (Loss) Attributable to ParentUSD | -125,156,000Source | -415,581,000Source | -142,390,000Source | -178,530,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 723,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -133,835,000Source | -422,834,000Source | -143,966,000Source | -179,839,000Source |
| Operating Lease, ExpenseUSD | 45,600,000Source | 48,000,000Source | 51,800,000Source | 69,100,000Source |
| Operating Lease, Impairment LossUSD | 1,942,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | 884,000Source | -14,170,000Source | -401,000Source | 34,788,000Source |
| Payments of Financing CostsUSD | 8,496,000Source | 7,125,000Source | 1,181,000Source | 16,205,000Source |
| Proceeds from Noncontrolling InterestsUSD | 5,205,000Source | — | — | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 4,486,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 1,064,124,000Source | 1,077,157,000Source | 1,166,606,000Source | 1,292,562,000Source |
| Cost of RevenueUSD | — | 877,474,000Source | 889,095,000Source | 1,023,544,000Source |
| Selling, General and Administrative ExpenseUSD | 150,672,000Source | 176,524,000Source | 169,781,000Source | 186,104,000Source |
| Operating Income (Loss)USD | 8,051,000Source | -228,777,000Source | 21,389,000Source | -16,420,000Source |
| Other Nonoperating Income (Expense)USD | 884,000Source | -14,170,000Source | -401,000Source | 34,788,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -115,565,000Source | -411,382,000Source | -130,734,000Source | -164,946,000Source |
| Income Tax Expense (Benefit)USD | 8,868,000Source | 4,199,000Source | 11,656,000Source | 13,584,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 723,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -125,156,000Source | -415,581,000Source | -142,390,000Source | -178,530,000Source |
| Earnings Per Share, BasicUSD per share | -22.37Source | -6.86Source | -1.22Source | — |
| Earnings Per Share, DilutedUSD per share | -21.11Source | -6.86Source | -1.22Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 5,983,517Source | 61,593,381Source | 118,001,162Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 5,983,517Source | 61,593,381Source | 118,001,162Source | 1,662,155Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 40,500,000Source | 47,300,000Source | 50,500,000Source | 54,700,000Source |
| Goodwill, Impairment LossUSD | — | 171,182,000Source | — | — |
| Gross ProfitUSD | 230,702,000Source | 199,683,000Source | 277,511,000Source | 269,018,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -118,894,000Source | -422,135,000Source | -135,299,000Source | -158,187,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | -139,656,000Source | -164,870,000Source | -168,048,000Source | -173,878,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -133,835,000Source | -422,834,000Source | -143,966,000Source | -179,839,000Source |
| Operating Lease, ExpenseUSD | 45,600,000Source | 48,000,000Source | 51,800,000Source | 69,100,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 1,576,000Source | 1,309,000Source |
| Research and Development ExpenseUSD | 1,200,000Source | 1,500,000Source | 1,300,000Source | 1,100,000Source |