Cohen & Company Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $14.4M | $-129.0K | $-5.1M | $-13.4M | $11.8M | $14.2M | $-2.1M | $-2.5M |
| Depreciation & Amortization | $724.0K | $556.0K | $563.0K | $557.0K | $371.0K | $334.0K | $318.0K | $261.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $20.2M | $4.7M | $4.4M | $4.4M | $15.7M | $12.6M | $744.0K | $623.0K |
| Net Cash from Operating Activities | $27.4M | $9.5M | $-39.7M | $-23.5M | $18.3M | $41.4M | $-15.5M | $-7.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.3M | $1.2M | $373.0K | $573.0K | $1.0M | $217.0K | $101.0K | $1.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $26.2M | $16.5M | $38.1M | $13.8M | $-22.5M | $-11.9M | $3.7M | $2.2M |
| Financing Activities | ||||||||
| Dividends Paid | $2.1M | $1.9M | $1.8M | $2.6M | $671.0K | $27.0K | $519.0K | $966.0K |
| Stock Repurchases | — | — | $0 | $0 | $857.0K | $2.1M | $299.0K | $769.0K |
| Net Cash from Financing Activities | $-17.3M | $-16.7M | $-17.1M | $-11.5M | $13.2M | $3.8M | $5.9M | $-3.7M |
| Net Change in Cash | $37.2M | $8.9M | $-18.5M | $-21.5M | $8.6M | $33.7M | $-5.8M | $-8.8M |
| Free Cash Flow | $26.1M | $8.2M | $-40.0M | $-24.1M | $17.3M | $41.2M | $-15.6M | $-8.0M |