Citizens, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $14.6M | $14.9M | $24.4M | $26.0M | $72.7M | $-11.0M | $-1.4M | $-11.1M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $741.0K | $619.0K | $515.0K | $536.0K | $1.1M | $1.4M | $1.7M | $1.5M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $18.0M | $31.9M | $22.1M | $56.9M | $40.5M | $48.8M | $72.2M | $84.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $447.0K | $663.0K | $442.0K | $100.0K | $1.0M | $221.0K | $511.0K | $724.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-19.7M | $-27.2M | $-14.5M | $-60.7M | $-41.1M | $-61.8M | $-69.3M | $-85.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-4.6M | $-2.5M | $-3.5M | $-499.0K | $-6.2M | $904.0K | $-2.2M | $-58.0K |
| Net Change in Cash | $-6.3M | $2.3M | $4.0M | $-4.3M | $-6.8M | $-12.1M | $713.0K | $-572.0K |
| Free Cash Flow | $17.5M | $31.3M | $21.6M | $56.8M | $39.4M | $48.6M | $71.7M | $83.9M |