Karat Packaging Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $31.5M | $30.0M | $32.5M | $23.6M | $20.8M | $17.5M |
| Depreciation & Amortization | $10.9M | $10.7M | $10.8M | $10.4M | $10.0M | $8.6M |
| Depreciation | — | — | — | $10.4M | $10.0M | $8.6M |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $1.2M | $2.1M | $770.0K | $2.0M | $2.0M | $0 |
| Net Cash from Operating Activities | $33.8M | $48.0M | $53.4M | $29.5M | $8.7M | $14.5M |
| Investing Activities | ||||||
| Capital Expenditures | $756.0K | $934.0K | $2.8M | $2.7M | $4.2M | $29.5M |
| Business Acquisitions | — | — | — | $0 | $900.0K | $0 |
| Net Cash from Investing Activities | $25.4M | $-5.9M | $-30.2M | $-17.8M | $-13.3M | $-37.4M |
| Financing Activities | ||||||
| Dividends Paid | $36.1M | $31.0M | $20.9M | $7.0M | $0 | $606.0K |
| Stock Repurchases | $3.0M | $0 | — | — | $0 | $248.0K |
| Net Cash from Financing Activities | $-52.9M | $-33.6M | $-16.2M | $-2.1M | $10.6M | $22.5M |
| Net Change in Cash | $6.3M | $8.5M | $7.0M | $9.6M | $6.0M | $-354.0K |
| Free Cash Flow | $33.1M | $47.0M | $50.5M | $26.8M | $4.5M | $-15.0M |