Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 104

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 7
Chunk 104
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no more than twice in any four quarter period and up to five times over the life of the facility). As of September 27, 2025, we were compliant with our covenants under the agreements governing our outstanding indebtedness.

As of September 27, 2025, and December 28, 2024, we maintained one letter of credit totaling approximately $0.4 on which there were no balances due. The amount available on the line of credit as of September 27, 2025 and December 28, 2024 was approximately $77.3 and $82.4, respectively.

44

Statement of Cash Flows

The following table presents a summary of cash flows from operating, investing and financing activities for the following comparative periods. For additional detail, please see the Unaudited Condensed Consolidated Statements of Cash Flows in the Unaudited Condensed Consolidated Financial Statements.

Nine month period ended September 27, 2025 compared to the nine month period ended September 28, 2024:

Nine Months EndedVariance(dollar amounts in millions)September 27, 2025September 28, 2024$%Net cash provided by operating activities$114.7 $102.6 $12.1 11.8 %Net cash used in investing activities(20.0)(75.9)55.9 (73.6)%Net cash used in financing activities(65.6)(96.4)30.8 (32.0)%Effect of foreign currency rate changes on cash0.5 0.1 0.4 400.0 %Net increase (decrease) in cash $29.6 $(69.6)$99.2 (142.5)%

Net cash provided by operating activities

Net cash provided by operating activities increased by $12.1, or 11.8%, to $114.7 for the nine month period ended September 27, 2025, compared to $102.6 for the nine month period ended September 28, 2024. This was primarily driven by a $29.6 increase in net cash activity from net working capital requirements, which was offset a $17.5 decrease in net income adjusted for non-cash items.

Net cash used in investing activities

Net cash used in investing activities decreased by $55.9 or 73.6% for the nine month period ended September 27, 2025, compared