FIGS, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $34.3M | $2.7M | $22.6M | $21.2M | $-9.6M | $49.8M | $112.0K |
| Depreciation & Amortization | $9.0M | $6.7M | $2.9M | $1.9M | $1.4M | $946.0K | $500.0K |
| Depreciation | $9.0M | $6.7M | $2.9M | $1.9M | $1.4M | $900.0K | — |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $26.9M | $42.7M | $45.8M | $37.5M | $81.1M | $8.7M | $179.0K |
| Net Cash from Operating Activities | $61.2M | $81.2M | $100.9M | $-35.3M | $66.4M | $21.7M | $6.5M |
| Investing Activities | |||||||
| Capital Expenditures | $8.2M | $17.0M | $16.3M | $5.3M | $2.7M | $2.3M | $4.8M |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-64.0M | $-94.9M | $-117.2M | $-5.8M | $-2.7M | $-2.3M | $-4.8M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $2.7M | $45.5M | $0 | $0 | — | — | — |
| Net Cash from Financing Activities | $-969.0K | $-44.8M | $670.0K | $3.5M | $75.6M | $294.0K | $14.0M |
| Net Change in Cash | $-3.7M | $-58.5M | $-15.6M | $-37.7M | $139.3M | $19.8M | $15.8M |
| Free Cash Flow | $53.0M | $64.1M | $84.6M | $-40.7M | $63.7M | $19.5M | $1.8M |