BlackSky Technology Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-70.3M | $-57.2M | $-53.9M | $-74.2M | $-245.6M | $-19.5M | $-7.2M | $-2.2K |
| Depreciation & Amortization | $30.3M | $43.5M | $43.4M | $35.7M | $14.3M | $9.8M | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.0M | $600.0K | $600.0K | $600.0K | $1.4M | $1.4M | — | — |
| Stock-Based Compensation | $14.2M | $11.2M | $10.9M | $20.0M | $42.6M | $2.0M | — | — |
| Net Cash from Operating Activities | $-28.3M | $-6.4M | $-17.4M | $-44.5M | $-53.9M | $-31.7M | $-286.6K | $-689 |
| Investing Activities | ||||||||
| Capital Expenditures | $16.2M | $15.7M | $15.3M | $11.7M | $1.3M | $281.0K | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-86.6M | $-68.3M | $-15.2M | $-81.6M | $-63.6M | $-9.8M | $-316.3M | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $144.1M | $55.7M | $29.1M | $-5.1M | $275.0M | $3.4M | $317.6M | $42.8K |
| Net Change in Cash | $29.2M | $-19.1M | $-3.6M | $-131.1M | $157.5M | $-38.0M | — | — |
| Free Cash Flow | $-44.5M | $-22.1M | $-32.7M | $-56.1M | $-55.1M | $-32.0M | — | — |