Alto Ingredients, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $13.3M | $-59.0M | $-28.0M | $-41.6M | $46.1M | $-15.1M | $-88.9M | $-60.3M |
| Depreciation & Amortization | $25.2M | $24.4M | $23.1M | $25.1M | $23.3M | — | $47.9M | $40.8M |
| Depreciation | $24.6M | $23.8M | $22.5M | $24.5M | $23.3M | $30.3M | $47.9M | $40.8M |
| Amortization | $410.0K | $588.0K | $588.0K | $567.0K | — | — | — | — |
| Stock-Based Compensation | $3.0M | $4.4M | $3.9M | $3.3M | $2.9M | $2.7M | $2.8M | $3.4M |
| Net Cash from Operating Activities | $13.2M | $-3.5M | $22.0M | $6.0M | $26.8M | $71.7M | $-31.2M | $1.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.6M | $11.1M | $29.5M | $37.7M | $16.4M | $6.6M | $3.3M | $15.2M |
| Business Acquisitions | $7.3M | — | — | $14.7M | — | — | — | — |
| Net Cash from Investing Activities | $-7.4M | $-13.5M | $-33.0M | $-37.7M | $27.1M | $23.3M | $-3.3M | $-15.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $3.7M | $1.3M | — | — | — | — |
| Net Cash from Financing Activities | $-16.4M | $7.7M | $7.0M | $19.0M | $-40.0M | $-66.4M | $19.0M | $-9.3M |
| Net Change in Cash | — | — | — | $-12.6M | $13.9M | $28.6M | $-7.6M | $-22.9M |
| Free Cash Flow | $8.6M | $-14.6M | $-7.5M | $-31.7M | $10.4M | $65.1M | $-34.5M | $-13.6M |