KARMAN HOLDINGS INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | $17.4M | $12.7M | $4.4M | $-14.1M |
| Depreciation & Amortization | $42.7M | $32.8M | $27.2M | $35.0M |
| Depreciation | $12.4M | $9.6M | $7.8M | $5.4M |
| Amortization | $23.2M | $16.9M | $14.4M | $24.9M |
| Stock-Based Compensation | $1.4M | $993.0K | $1.3M | $1.6M |
| Net Cash from Operating Activities | $-22.1M | $26.6M | $20.3M | $-5.9M |
| Investing Activities | ||||
| Capital Expenditures | $20.3M | $15.3M | $16.8M | $21.3M |
| Business Acquisitions | $211.9M | $31.3M | — | — |
| Net Cash from Investing Activities | $-238.3M | $-46.2M | $-16.2M | $-21.3M |
| Financing Activities | ||||
| Dividends Paid | — | — | — | — |
| Stock Repurchases | — | — | — | — |
| Net Cash from Financing Activities | $282.8M | $25.7M | $-5.3M | $16.7M |
| Net Change in Cash | $22.4M | $6.1M | $-1.2M | $-10.4M |
| Free Cash Flow | $-42.5M | $11.4M | $3.6M | $-27.2M |