Forestar Group 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 | $38.7M | $45.0M | $38.2M | $72.4M | $46.8M | $26.9M | $20.8M | $50.8M |
| Depreciation & Amortization | $900.0K | $600.0K | $800.0K | $700.0K | $800.0K | $800.0K | $700.0K | $700.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.4M | $1.8M | $900.0K | $900.0K | $900.0K | $1.9M | $600.0K | $500.0K |
| Net Cash from Operating Activities | $-61.7M | $-59.2M | $-156.7M | $227.9M | $114.9M | $71.1M | $-49.8M | $118.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $600.0K | $600.0K | $200.0K | $500.0K | $500.0K | $200.0K | $100.0K | $300.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $4.5M | $-600.0K | $-200.0K | $-500.0K | $-500.0K | $-200.0K | $1.5M | $-300.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $200.0K | $17.1M | $-200.0K | $-12.4M | $-100.0K | $-600.0K | $-100.0K | $-100.0K |
| Net Change in Cash | $-57.0M | $-42.7M | $-157.1M | $215.0M | $114.3M | $70.3M | $-48.4M | $118.5M |
| Free Cash Flow | $-62.3M | $-59.8M | $-156.9M | $227.4M | $114.4M | $70.9M | $-49.9M | $118.6M |