Hydrofarm Holdings Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-289.8M | $-66.7M | $-64.8M | $-285.4M | $13.4M | $-7.3M | $-40.1M |
| Depreciation & Amortization | $23.1M | $30.7M | $32.1M | $41.5M | $14.9M | $6.8M | $7.0M |
| Depreciation | $5.3M | $6.7M | $7.7M | $8.2M | $4.6M | $1.6M | $1.7M |
| Amortization | $17.8M | $24.0M | $24.4M | $33.3M | $10.4M | $5.2M | $5.3M |
| Stock-Based Compensation | $1.2M | $2.4M | $5.1M | $8.4M | $5.0M | $8.9M | $208.0K |
| Net Cash from Operating Activities | $-14.1M | $-324.0K | $7.0M | $22.0M | $-45.1M | $-44.8M | $-13.3M |
| Investing Activities | |||||||
| Capital Expenditures | $1.0M | $2.9M | $4.2M | $8.2M | $5.4M | $1.4M | $768.0K |
| Business Acquisitions | — | — | $0 | $-190.0K | $462.2M | $0 | $0 |
| Net Cash from Investing Activities | $-841.0K | $1.7M | $-4.2M | $-8.5M | $-468.2M | $546.0K | $-3.8M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-5.4M | $-4.8M | $6.1M | $-20.2M | $464.7M | $88.1M | $19.9M |
| Net Change in Cash | $-19.8M | $-4.2M | $9.0M | $-7.1M | $-48.6M | $44.1M | $4.9M |
| Free Cash Flow | $-15.1M | $-3.2M | $2.8M | $13.8M | $-50.5M | $-46.3M | $-14.1M |