Custom Truck One Source, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-24.5M | $-14.3M | $16.1M | $9.2M | $11.6M | $13.8M | $30.9M | $-2.4M |
| Depreciation & Amortization | $57.8M | $56.2M | $56.9M | $54.6M | $55.4M | $52.1M | $52.4M | $54.0M |
| Depreciation | $3.4M | $2.9M | $2.7M | $2.6M | $2.7M | $2.7M | $2.1M | $1.9M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $3.6M | $2.7M | $3.0M | $2.8M | $4.3M | $3.1M | $2.8M | $4.4M |
| Net Cash from Operating Activities | $37.8M | $-14.4M | $-28.2M | $-1.6M | $-5.0M | $3.9M | $41.6M | $25.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | $3.8M |
| Business Acquisitions | $4.6M | $1.4M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing Activities | $-65.3M | $-33.4M | $-31.0M | $-42.7M | $-62.9M | $-39.9M | $-65.0M | $-61.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $16.3M | $6.8M | $18.9M | $15.4M | $3.4M | $1.1M | $8.5M | $1.8M |
| Net Cash from Financing Activities | $27.5M | $45.5M | $60.3M | $10.9M | $77.8M | $53.8M | $12.0M | $35.2M |
| Net Change in Cash | $69.0K | $-2.3M | $1.5M | $-33.4M | $10.0M | $17.9M | $-11.8M | $-2.4M |
| Free Cash Flow | — | — | — | — | — | — | — | $21.9M |