BRIGHTSPIRE CAPITAL, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-31.1M | $-132.0M | $-15.5M | $45.8M | $-101.0M | $-353.3M | $-414.5M | $-168.5M |
| Depreciation & Amortization | $36.3M | $40.5M | $33.5M | $34.1M | $36.4M | $59.8M | $103.2M | $91.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | $0 | $0 | $8.0K |
| Stock-Based Compensation | $12.8M | $11.6M | $14.1M | $7.9M | $14.0M | $4.4M | $10.8M | $7.1M |
| Net Cash from Operating Activities | $73.0M | $103.4M | $137.6M | $125.3M | $-21.3M | $96.4M | $137.2M | $100.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | $127.4M | $728.8M |
| Net Cash from Investing Activities | $-419.9M | $313.1M | $384.2M | $89.3M | $-555.8M | $1.00B | $-416.0M | $-467.7M |
| Financing Activities | ||||||||
| Dividends Paid | $83.0M | $99.1M | $104.0M | $99.4M | $51.9M | $51.7M | $217.7M | $185.3M |
| Stock Repurchases | $10.9M | $6.6M | $0 | $18.3M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $68.9M | $-327.9M | $-558.6M | $-161.5M | $384.4M | $-754.1M | $286.8M | $487.5M |
| Net Change in Cash | $-276.9M | $88.6M | $-36.7M | $52.3M | $-193.5M | $344.3M | $8.2M | $120.4M |
| Free Cash Flow | — | — | — | — | — | — | — | — |