KINGSTONE COMPANIES, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $40.8M | $18.4M | $-6.2M | $-22.5M | $-7.4M | $972.4K | $-6.0M | $3.1M |
| Depreciation & Amortization | $2.6M | $2.4M | $3.0M | $3.3M | $3.3M | $2.9M | $2.5M | $1.8M |
| Depreciation | $2.6M | $2.4M | $3.0M | $3.3M | $3.3M | $2.9M | $2.4M | $1.4M |
| Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $170.0K | $340.0K |
| Stock-Based Compensation | $1.5M | $1.4M | $832.6K | $1.4M | $1.9M | $1.8M | $1.5M | $702.7K |
| Net Cash from Operating Activities | $75.9M | $57.9M | $-11.3M | $-915.5K | $24.3M | $-10.2M | $29.9M | $22.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.8M | $2.3M | $1.8M | $4.6M | $4.5M | $3.3M | $3.9M | $2.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-92.9M | $-35.3M | $9.5M | $-5.9M | $-15.9M | $581.3K | $-15.0M | $-43.4M |
| Financing Activities | ||||||||
| Dividends Paid | $1.4M | $0 | $0 | $1.3M | $1.7M | $2.0M | $3.5M | $4.3M |
| Stock Repurchases | — | — | — | $0 | $1.7M | $1.2M | $0 | $540.3K |
| Net Cash from Financing Activities | $506.1K | $-3.0M | $-1.1M | $-5.5M | $-3.6M | $-3.3M | $-3.6M | $-6.1M |
| Net Change in Cash | $-16.5M | $19.7M | $-3.0M | — | $4.8M | $-12.9M | $11.3M | $-27.2M |
| Free Cash Flow | $73.1M | $55.6M | $-13.2M | $-5.5M | $19.8M | $-13.6M | $25.9M | $19.6M |
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