Global Ship Lease, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $416.5M | $353.6M | $304.5M | $292.9M | $171.5M | $41.6M | $39.8M | $-57.4M |
| Depreciation & Amortization | $122.0M | $100.0M | $91.7M | $81.3M | $61.6M | $47.0M | $43.9M | $35.5M |
| Depreciation | — | — | — | — | — | $41.2M | $39.7M | $31.1M |
| Amortization | $3.6M | $4.6M | $4.3M | $1.1M | $0 | $0 | — | — |
| Stock-Based Compensation | $14.0M | $8.7M | $10.2M | $10.1M | $3.5M | $2.0M | $1.7M | $50.0K |
| Net Cash from Operating Activities | $528.3M | $430.1M | $375.0M | $327.5M | $248.0M | $104.4M | $93.4M | $47.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | $0 | $11.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-351.9M | $-254.6M | $-152.0M | $-9.9M | $-463.0M | $-39.6M | $-99.9M | $24.2M |
| Financing Activities | ||||||||
| Dividends Paid | $76.1M | $58.4M | $53.2M | $50.5M | $27.9M | $0 | $0 | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-84.7M | $-208.6M | $-212.2M | $-243.3M | $318.5M | $-120.2M | $64.1M | $-55.2M |
| Net Change in Cash | — | — | — | — | — | $-55.4M | $57.6M | $16.8M |
| Free Cash Flow | — | — | — | — | — | — | $93.4M | $36.3M |