James River Group Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $47.4M | $-81.1M | $-107.7M | $31.0M | $-172.8M | $4.8M | $38.3M | $63.8M |
| Depreciation & Amortization | $-717.0K | $-709.0K | $-475.0K | $1.0M | $4.7M | $5.0M | $4.1M | $4.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $363.0K | $363.0K | $363.0K | $363.0K | $363.0K | $538.0K | $597.0K | $597.0K |
| Stock-Based Compensation | $5.0M | $6.6M | $9.1M | $8.1M | $6.7M | $7.6M | $7.2M | $6.2M |
| Net Cash from Operating Activities | $-18.8M | $-247.1M | $88.0M | $222.7M | $-913.5M | $-273.8M | $1.49B | $290.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.8M | $4.9M | $6.4M | $8.2M | $6.3M | $549.0K | $519.0K | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-116.0M | $307.0M | $16.7M | $-328.2M | $35.8M | $-176.0M | $-263.4M | $-266.8M |
| Financing Activities | ||||||||
| Dividends Paid | $2.0M | $6.2M | $7.7M | $7.8M | $43.2M | $37.1M | $36.7M | $36.1M |
| Stock Repurchases | — | — | — | $1.3M | $3.1M | $3.6M | $2.9M | $2.2M |
| Net Cash from Financing Activities | $13.2M | $-28.8M | $-21.1M | $89.7M | $147.7M | $65.9M | $8.0M | $-14.3M |
| Net Change in Cash | $-121.6M | $31.1M | $83.6M | $-15.7M | $-730.1M | $-383.9M | $1.23B | $9.0M |
| Free Cash Flow | $-23.6M | $-252.0M | $81.5M | $214.5M | $-919.8M | $-274.4M | $1.49B | — |