CANNAE HOLDINGS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-513.2M | $-304.6M | $-313.4M | $-428.1M | $-287.0M | $1.79B | $77.3M | $27.6M |
| Depreciation & Amortization | $11.9M | $13.3M | $19.0M | $22.8M | $26.4M | $30.7M | $54.5M | $61.3M |
| Depreciation | $9.9M | $11.2M | $16.3M | $19.3M | $22.5M | $26.7M | $35.8M | $38.0M |
| Amortization | $2.0M | $2.1M | $2.7M | $3.5M | $4.1M | $4.0M | $4.9M | $8.3M |
| Stock-Based Compensation | $18.7M | $19.0M | $3.5M | $1.5M | $2.4M | $4.2M | $4.6M | $21.8M |
| Net Cash from Operating Activities | $-18.1M | $-90.1M | $-87.8M | $-205.1M | $-176.1M | $-113.9M | $-84.2M | $-22.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $10.4M | $7.0M | $10.0M | $14.3M | $13.7M | $22.3M | $28.3M | $15.6M |
| Business Acquisitions | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $518.1M | $298.3M | $53.1M | $521.2M | $-272.4M | $-74.2M | $-24.2M | $186.7M |
| Financing Activities | ||||||||
| Dividends Paid | $30.5M | $22.4M | $0 | $0 | — | — | — | — |
| Stock Repurchases | $319.7M | $231.4M | $113.2M | $229.5M | $160.2M | $14.4M | $4.9M | $0 |
| Net Cash from Financing Activities | $-449.5M | $-182.9M | $-106.8M | $-154.2M | $-190.4M | $379.1M | $319.1M | $-86.4M |
| Net Change in Cash | $50.5M | $25.3M | $-141.5M | $161.9M | $-638.9M | $191.0M | $210.7M | $77.4M |
| Free Cash Flow | $-28.5M | $-97.1M | $-97.8M | $-219.4M | $-189.8M | $-136.2M | $-112.5M | $-38.5M |