FINWISE BANCORP
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $16.1M | $12.7M | $17.5M | $25.1M | $31.6M |
| Depreciation & Amortization | $900.0K | $1.1M | $2.3M | $2.1M | $1.0M |
| Depreciation | — | — | $1.0M | $200.0K | $300.0K |
| Amortization | — | — | — | — | — |
| Stock-Based Compensation | $3.6M | $2.0M | $2.0M | $778.0K | $2.1M |
| Net Cash from Operating Activities | $-28.4M | $-15.0M | $12.3M | $61.2M | $-9.2M |
| Investing Activities | |||||
| Capital Expenditures | $219.0K | $1.1M | $7.5M | $7.2M | $2.3M |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $-126.9M | $-132.4M | $-152.9M | $-35.8M | $24.3M |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | $0 | $461.0K | $4.7M | $1.1M | $0 |
| Net Cash from Financing Activities | $209.6M | $139.6M | $157.0M | $-10.5M | $23.3M |
| Net Change in Cash | $54.2M | $-7.8M | $16.4M | — | — |
| Free Cash Flow | $-28.6M | $-16.1M | $4.8M | $53.9M | $-11.6M |