Farmers and Merchants Bancshares, Inc.
Cash Flow History
| Fiscal Year | Operating Cash Flow | Free Cash Flow | CapEx | Share-Based Compensation |
|---|---|---|---|---|
| FY2016 | $2.4M | $2.3M | $181.5K | — |
| FY2017 | $7.7M | $7.6M | $114.2K | — |
| FY2018 | $5.4M | $5.2M | $191.7K | — |
| FY2019 | $5.7M | $5.5M | $256.6K | — |
| FY2020 | $4.5M | $4.1M | $387.1K | — |
| FY2021 | $11.7M | $11.4M | $300.4K | — |
| FY2022 | $7.2M | $6.7M | $410.8K | $0 |
| FY2023 | $5.9M | $5.0M | $863.0K | $43.0K |
| FY2024 | $2.3M | $968.0K | $1.3M | $18.0K |
| FY2025 | $6.1M | $5.7M | $370.0K | $172.0K |