America's Car-Mart, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-139.1M | $17.9M | $-31.4M | $20.4M | $95.0M | $104.8M | $51.3M | $47.6M |
| Depreciation & Amortization | $8.2M | $7.6M | $6.9M | $5.6M | $4.0M | $3.7M | $3.8M | $4.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $3.7M | $4.7M | $4.2M | $5.3M | $5.5M | $6.0M | $4.7M | $3.7M |
| Net Cash from Operating Activities | $65.0M | $-48.8M | $-73.9M | $-135.7M | $-119.2M | $-53.8M | $20.9M | $24.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.8M | $3.9M | $6.1M | $22.1M | $15.8M | $9.0M | $5.4M | $4.0M |
| Business Acquisitions | $0 | $7.5M | $4.8M | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.5M | $-11.4M | $-10.6M | $-27.6M | $-17.4M | $-8.3M | $-9.9M | $-3.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | $40.0K | $40.0K | $40.0K | $40.0K | $40.0K | $40.0K | $40.0K |
| Stock Repurchases | $297.0K | $434.0K | $365.0K | $5.2M | $34.7M | $10.6M | $16.0M | $26.6M |
| Net Cash from Financing Activities | $-56.3M | $90.2M | $111.0M | $188.7M | $176.2M | $5.4M | $46.8M | $-20.3M |
| Net Change in Cash | $7.1M | $30.1M | $26.4M | $25.4M | $39.7M | $-56.7M | $57.8M | $730.0K |
| Free Cash Flow | $63.1M | $-52.7M | $-80.0M | $-157.8M | $-135.0M | $-62.8M | $15.5M | $20.9M |