Cumulus Media Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-200.7M | $-283.3M | $-117.9M | $16.2M | $17.3M | $-59.7M | $61.3M | $-206.6M |
| Depreciation & Amortization | $54.3M | $59.1M | $58.2M | $56.4M | $53.5M | $52.3M | $52.6M | $62.2M |
| Depreciation | $36.9M | $41.6M | $38.1M | $33.1M | $31.7M | $31.8M | $27.1M | $28.7M |
| Amortization | $16.3M | $16.3M | $19.0M | $22.7M | $21.0M | $19.7M | $24.7M | $33.5M |
| Stock-Based Compensation | $2.5M | $4.7M | $5.3M | $6.2M | $5.2M | $3.3M | $5.3M | $1.6M |
| Net Cash from Operating Activities | $-21.3M | $-3.1M | $31.7M | $78.5M | $68.5M | $33.2M | $104.3M | $86.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.2M | $19.5M | $24.8M | $31.1M | $29.1M | $14.9M | $29.5M | $31.9M |
| Business Acquisitions | — | — | — | — | — | — | $0 | — |
| Net Cash from Investing Activities | $-7.9M | $-4.2M | $-6.8M | $-26.2M | $-1.5M | $64.4M | $117.6M | $-26.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $7.8M | $31.9M | $0 | — | — | — |
| Net Cash from Financing Activities | $47.3M | $-9.5M | $-51.6M | $-121.8M | $-161.7M | $157.2M | $-234.9M | $-88.1M |
| Net Change in Cash | $18.1M | $-16.8M | $-26.8M | $-69.6M | $-94.7M | $254.8M | $-13.0M | $-28.4M |
| Free Cash Flow | $-41.6M | $-22.6M | $6.8M | $47.4M | $39.4M | $18.3M | $74.8M | $54.7M |