Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Interest5¢$22.9M
- Income tax2¢$11.5M
- Profit93¢$433.5M
Out of $238.5M in revenue.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $765.0M4 | $778.9M5 | $798.2M6 | $693.9M7 | $610.3M3 | $653.6M3 | $238.5M3 |
| Cost of revenue | $197.9M12 | $197.7M12 | |||||
| Operating expenses | $773.4M3 | -$225.9M3 | |||||
| Operating income | $41.7M4 | $34.2M5 | $21.6M6 | $28.7M7 | -$5.4M3 | -$119.9M3 | $464.4M3 |
| Interest | $69.1M4 | $59.8M5 | $45.9M6 | $46.0M7 | $46.5M3 | $53.7M3 | $22.9M3 |
| Income before tax | -$183.8M3 | $448.5M3 | |||||
| Income tax | $7.6M4 | $8.2M5 | $4.9M6 | -$40.8M7 | $23.1M3 | $10.5M3 | $11.5M3 |
| Net income | $2.1M8 | -$15.3M5 | -$20.2M6 | $2.9M7 | -$47.8M3 | -$144.7M3 | $433.5M3 |
| Earnings per share | -$0.345 | -$0.386 | $0.057 | -$0.833 | -$2.153 | $4.933 | |
| Earnings per share (diluted) | -$0.415 | -$0.396 | $0.057 | -$0.833 | -$2.153 | $4.903 | |
| Shares (weighted, basic) | 67.4M shares3 | 87.8M shares3 | |||||
| Shares (weighted, diluted) | 67.4M shares3 | 88.4M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $21.2M12 | $47.1M4 | $43.9M5 | $76.7M6 | $71.2M7 | $53.5M3 | $25.1M3 |
| Receivables | $61.1M3 | $03 | |||||
| Inventory | $10.9M3 | $03 | |||||
| Current assets | $160.3M12 | $200.7M4 | $198.6M5 | $214.8M6 | $254.9M7 | $200.8M3 | $40.6M3 |
| Property, plant and equipment | $307.1M3 | $12.0K3 | |||||
| Goodwill | $9.7M3 | $03 | |||||
| Intangible assets | $61.4M3 | $03 | |||||
| Total assets | $706.2M12 | $761.0M4 | $739.0M5 | $838.6M6 | $989.0M7 | $803.9M3 | $40.6M3 |
| Accounts payable | $27.2M3 | $49.0K3 | |||||
| Current liabilities | $224.0M12 | $220.2M4 | $232.3M5 | $233.5M6 | $219.1M7 | $225.6M3 | $7.2M3 |
| Long-term debt | $591.2M12 | $496.5M4 | $498.5M5 | $528.7M5 | $10.4M7 | ||
| Total liabilities | $855.1M12 | $754.8M4 | $772.6M5 | $846.4M6 | $1.0B7 | $1.0B3 | $7.2M3 |
| Retained earnings | -$288.2M3 | $33.5M3 | |||||
| Shareholders’ equity | -$316.4M12 | -$47.2M4 | -$71.6M5 | -$63.3M6 | -$81.5M7 | -$280.9M3 | $33.5M3 |
| Shares outstanding | 44.2M shares8 | 53.8M shares12 | 57.7M shares4 | 58.5M shares5 | 59.1M shares6 | 86.5M shares7 | 88.6M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $49.0M4 | $65.0M5 | $74.6M6 | $45.7M7 | $40.9M3 | $48.7M3 | -$8.6M3 |
| Depreciation and amortization | $107.2M3 | $18.4M3 | |||||
| Stock-based compensation | $3.4M3 | $3.6M3 | |||||
| Capital spending | $107.8M4 | $92.4M5 | $82.9M6 | $85.2M7 | $77.3M3 | $92.8M3 | $32.4M3 |
| Free cash flow | -$58.8M | -$27.3M | -$8.3M | -$39.5M | -$36.5M | -$44.1M | -$41.0M |
| Cash from investing | -$93.8M3 | $519.1M3 | |||||
| Dividends paid | $7.1M4 | $537.0K5 | $7.6M6 | $8.4M7 | $11.7M7 | $5.7M7 | |
| Cash from financing | -$494.0K3 | -$537.3M3 |
Compare Trilogy International Partners Inc. with another company
Corporate structure
Trilogy International Partners Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Trilogy International Partners Inc.
- SG Enterprises, II LLC Filed SC 13D/A on Trilogy International Partners Inc., latest Mar 28, 2024 (7 filings since Jan 6, 2022)
- Anson Funds Management LP Filed SC 13G/A on Trilogy International Partners Inc., latest Feb 14, 2024 (3 filings since Feb 11, 2022)
- Alignvest Management Corp Filed SC 13D/A on Trilogy International Partners Inc., latest Mar 20, 2023 (3 filings since Jan 12, 2022)
- PRIVATE MANAGEMENT GROUP INC Filed SC 13G/A on Trilogy International Partners Inc., latest Feb 7, 2023 (2 filings since Feb 10, 2022)
- Bradley J. Horwitz Filed SC 13D/A on Trilogy International Partners Inc., latest Jan 6, 2022
- Trilogy International Partners Inc. Bellevue, Washington
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Trilogy International Partners Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $2.6M3 Dec 31, 2022 | $781.9M3 Dec 31, 2021 | −99.7% |
| Accumulated depreciation | $2.6M3 Dec 31, 2022 | $474.9M3 Dec 31, 2021 | −99.5% |
| Property and equipment, net | $12.0K3 Dec 31, 2022 | $307.1M3 Dec 31, 2021 | −100.0% |
| Finance-lease assets | $2.4M3 Dec 31, 2021 | $4.5M7 Dec 31, 2020 | −46.6% |
| Operating-lease assets (leased space) | $03 Dec 31, 2022 | $120.4M3 Dec 31, 2021 | −100.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $25.1M3 Dec 31, 2022 | $53.5M3 Dec 31, 2021 | −53.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $03 Dec 31, 2022 | $9.7M3 Dec 31, 2021 | −100.0% |
| Intangible assets, net (excluding goodwill) | $03 Dec 31, 2022 | $61.4M3 Dec 31, 2021 | −100.0% |
| Finite-lived intangibles, gross | $161.3M3 Dec 31, 2021 | $243.0M7 Dec 31, 2020 | −33.6% |
| Accumulated amortization | $99.9M3 Dec 31, 2021 | $157.5M7 Dec 31, 2020 | −36.6% |
| Finite-lived intangibles, net | $61.4M3 Dec 31, 2021 | $85.5M7 Dec 31, 2020 | −28.2% |
Inventory
Leadership
Who has led Trilogy International Partners Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerBradley J. Horwitz Jan 3, 2023 to Mar 28, 202413
- Chief financial officerErik Mickels Jan 3, 2023 to Jan 3, 202314
Board members and other officers (4)
- Senior VP, Gen Counsel & SecScott K. Morris Jan 3, 2023 to Mar 28, 202415
- Board memberBradley J. Horwitz Jan 3, 2023 to Mar 28, 202413
- Board memberJohn W. Stanton Jan 3, 2023 to Mar 28, 202416
- Board memberMark Kroloff Jan 5, 2023 to Mar 28, 202417
Former names
- Alignvest Acquisition CorpNov 15, 2016 to Feb 7, 20172
Timeline
- Mar 28, 20248-K Completed an acquisition or sale; Change to shareholders' rights; Change in control18
- Mar 25, 20248-K Shareholder vote; Other events19
- Dec 20, 20238-K Entered a material agreement20
- Dec 18, 20238-K Other events21
- Nov 13, 20238-K Results of operations; Executive or director change22
- Aug 10, 20238-K Results of operations23
- Jul 28, 20238-K Other events24
- Jul 6, 20238-K Executive or director change; Other events25
- Jun 30, 20238-K Shareholder vote26
- Jun 7, 20238-K Other events27
- May 11, 20238-K Results of operations28
- Mar 30, 20238-K Results of operations29
- Jan 3, 2023New chief executive Bradley J. Horwitz becomes CEO13
Calendar
When it reported results
- Nov 13, 2023Reported quarterly or annual results22
- Aug 10, 2023Reported quarterly or annual results23
- May 11, 2023Reported quarterly or annual results28
- Mar 30, 2023Reported quarterly or annual results29
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
101 filings to the SEC since October 2021: 2 annual reports, 3 quarterly reports, 14 major events, 15 insider forms, 16 large holders, 51 other. The latest 20:
- Mar 29, 202415-12G EDGAR
- Mar 28, 20244 EDGAR
- Mar 28, 20244 EDGAR
- Mar 28, 20244 EDGAR
- Mar 28, 20244 EDGAR
- Mar 28, 20244 EDGAR
- Mar 28, 20244 EDGAR
- Mar 28, 2024SC 13D/A EDGAR
- Mar 28, 2024SC 13E3/A EDGAR
- Mar 28, 20248-K EDGAR
- Mar 25, 20243 EDGAR
- Mar 25, 20248-K EDGAR
- Feb 26, 20244 EDGAR
- Feb 21, 2024SC 13E3/A EDGAR
- Feb 21, 2024DEFM14A DEFM 14A EDGAR
- Feb 14, 2024SC 13G/A EDGAR
- Feb 12, 2024CORRESP EDGAR
- Feb 12, 2024SC 13E3/A EDGAR
- Feb 12, 2024PRER14A EDGAR
- Feb 8, 2024UPLOAD EDGAR
The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 0 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 20, 2023 | Nathoo Amin10% owner | Sale | 100,000 | $0.08 | $8.0K | Form 4 |
| Dec 18, 2023 | Nathoo Amin10% owner | Sale | 87,000 | $0.07 | $6.1K | Form 4 |
| Nov 15, 2023 | Nathoo Amin10% owner | Sale | 75,000 | $0.06 | $4.5K | Form 4 |
| Nov 14, 2023 | Nathoo Amin10% owner | Sale | 211,000 | $0.06 | $12.7K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SG Enterprises, II LLCSC 13D/A, 7 filings Jan 6, 2022 to Mar 28, 202430
- Anson Funds Management LPSC 13G/A, 3 filings Feb 11, 2022 to Feb 14, 202431
- Alignvest Management CorpSC 13D/A, 3 filings Jan 12, 2022 to Mar 20, 202332
- PRIVATE MANAGEMENT GROUP INCSC 13G/A, 2 filings Feb 10, 2022 to Feb 7, 202333
- Bradley J. HorwitzSC 13D/A, 1 filing Jan 6, 202234
SEC filer profile
How Trilogy International Partners Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTrilogy International Partners Inc.1
- CIK0001689382
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inBritish Columbia, Canada1
- Fiscal year endsDecember 311
- Industry code (SIC)4812 Radiotelephone Communications1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address155 - 108 Avenue Ne, Suite 400, Bellevue, WA 980041
- Phone425 458-59001
- Shares outstanding88,627,593 as of Nov 13, 202311
- Public float$12.9M as of Jun 30, 20223
- On EDGAR sinceNov 15, 20161
- Filings282 in all: 6-K (161), SC 13D/A (16), 8-K (14), SC 13G/A (10), 3 (8), 4 (7), UPLOAD (5), CORRESP (4)1
All 39 form types
EFFECT (4), 10-Q (3), 20-F (3), 40-F (3), 6-K/A (3), F-X (3), SC 13D (3), SC 13E3/A (3), SC 13G (3), SUPPL (3), D (2), F-10 (2), F-10/A (2), S-8 (2), S-8 POS (2), 10-K (1), 15-12G (1), 40-F/A (1), 40FR12G (1), 424B3 (1), D/A (1), DEF 14A (1), DEFA14A (1), DEFM14A (1), F-3 (1), F-3/A (1), F-X/A (1), POS AM (1), PREM14A (1), PRER14A (1), SC 13E3 (1)
- Latest filingsAnnual report (10-K) Mar 30, 2023
Quarterly report (10-Q) Nov 13, 2023
Proxy statement (DEF 14A) May 19, 2023
Latest 8-K (8-K) Mar 28, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16SEC EDGARJohn W. Stanton, Board member
- 17SEC EDGARMark Kroloff, Board member
- 18
- 19SEC EDGARShareholder vote; Other events
- 20SEC EDGAREntered a material agreement
- 21SEC EDGAROther events
- 22
- 23SEC EDGARResults of operations
- 24SEC EDGAROther events
- 25
- 26SEC EDGARShareholder vote
- 27SEC EDGAROther events
- 28SEC EDGARResults of operations
- 29SEC EDGARResults of operations
- 30
- 31
- 32
- 33
- 34