Primis Financial Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $61.4M | $-16.2M | $-7.8M | $14.1M | $31.1M | $23.0M | $33.2M | $33.7M |
| Depreciation & Amortization | $2.0M | $2.0M | $2.0M | $2.5M | $2.4M | $2.0M | $2.3M | $3.3M |
| Depreciation | $9.4M | $8.9M | $9.1M | $7.4M | $8.0M | $8.2M | $5.6M | $7.4M |
| Amortization | $602.0K | $1.3M | $1.3M | $1.3M | $1.4M | $1.4M | $1.4M | $1.4M |
| Stock-Based Compensation | $2.9M | $940.0K | $712.0K | $395.0K | $747.0K | $1.5M | $432.0K | $280.0K |
| Net Cash from Operating Activities | $10.8M | $19.5M | $28.8M | $12.4M | $27.6M | $29.7M | $36.8M | $41.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.7M | $1.2M | $1.9M | $1.0M | $2.5M | $1.1M | $1.1M | $2.0M |
| Business Acquisitions | — | — | — | $4.6M | — | — | — | — |
| Net Cash from Investing Activities | $-158.2M | $108.3M | $-312.8M | $-616.9M | — | $-204.3M | $-5.0M | $-93.7M |
| Financing Activities | ||||||||
| Dividends Paid | $9.9M | $9.9M | $9.9M | $9.9M | $9.8M | $9.7M | $8.7M | $7.7M |
| Stock Repurchases | $807.0K | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $226.6M | $-140.9M | $283.6M | $152.1M | $296.2M | $338.9M | $-28.4M | $55.4M |
| Net Change in Cash | $79.1M | $-13.0M | $-306.0K | $-452.3M | $334.0M | $164.3M | $3.3M | $3.1M |
| Free Cash Flow | $9.0M | $18.3M | $26.9M | $11.4M | $25.2M | $28.6M | $35.7M | $39.5M |