FRP Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $3.3M | $6.4M | $5.3M | $4.6M | $28.2M | $12.7M | $16.2M | $124.5M |
| Depreciation & Amortization | $11.4M | $10.4M | $11.0M | $11.5M | $12.9M | $6.1M | $6.2M | $8.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | $0 |
| Stock-Based Compensation | — | — | — | — | — | $92.0K | $112.0K | $607.0K |
| Net Cash from Operating Activities | $29.7M | $29.0M | $33.0M | $22.3M | $22.2M | $18.6M | $47.0M | $-37.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $51.1M | $51.2M | $11.2M | $27.6M | $16.5M | $17.5M | $10.4M | $7.3M |
| Business Acquisitions | $23.5M | $0 | $0 | — | — | — | — | — |
| Net Cash from Investing Activities | $-73.7M | $-50.2M | $-48.7M | $-23.2M | $66.6M | $50.5M | $-33.8M | $90.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $464.0K | $0 | $2.0M | $0 | $264.0K | $21.3M | $8.2M | $5.7M |
| Net Cash from Financing Activities | $-581.0K | $12.7M | $-4.2M | $16.8M | $-1.2M | $-21.8M | $-9.1M | $-35.7M |
| Net Change in Cash | $-44.6M | $-8.5M | $-19.9M | $16.0M | — | — | — | $18.0M |
| Free Cash Flow | $-21.5M | $-22.2M | $21.8M | $-5.3M | $5.7M | $1.1M | $36.6M | $-44.5M |