Covista 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 | $49.4M | $36.8M | $39.9M | $10.6M | $22.2M | $45.9M | $24.7M | $592.0K |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $9.8M | $10.5M | $10.0M | $9.3M | $9.8M | $10.2M | $10.7M | $10.8M |
| Amortization | $7.3M | $8.3M | $9.3M | $10.7M | $12.3M | $14.2M | $16.2M | $18.5M |
| Stock-Based Compensation | $6.5M | $5.9M | $6.1M | $7.5M | $3.4M | $2.8M | $2.0M | $6.1M |
| Net Cash from Operating Activities | $60.3M | $153.6M | $-13.2M | $95.1M | $47.4M | $106.0M | $-52.6M | $91.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $16.6M | $12.7M | $9.2M | $10.4M | $7.1M | $9.3M | $4.2M | $5.4M |
| Business Acquisitions | — | — | — | — | $0 | $0 | $0 | $0 |
| Net Cash from Investing Activities | $-15.7M | $-12.7M | $-9.2M | $-10.3M | $-11.8M | $45.6M | $-3.9M | $-6.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $11.5M | $89.9M | $70.1M | $90.5M | — | — | — | $0 |
| Net Cash from Financing Activities | $-10.7M | $-139.7M | $-56.0M | $-95.4M | $-77.6M | $-44.5M | $-63.4M | $-103.0M |
| Net Change in Cash | $33.9M | $1.2M | $-78.3M | $-10.6M | $-42.1M | $107.2M | $-120.0M | $-17.9M |
| Free Cash Flow | $43.7M | $140.9M | $-22.4M | $84.6M | $40.2M | $96.7M | $-56.8M | $85.8M |