Landmark Bancorp, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $18.8M | $13.0M | $12.2M | $9.9M | $18.0M | $19.5M | $10.7M | $10.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.3M | $1.3M | $1.3M | $1.1M | $997.0K | $987.0K | $1.0M | $1.0M |
| Amortization | $948.0K | $1.2M | $1.8M | $1.4M | $1.6M | $1.6M | $1.2M | $1.1M |
| Stock-Based Compensation | $359.0K | $520.0K | $352.0K | $295.0K | $323.0K | $304.0K | $286.0K | $223.0K |
| Net Cash from Operating Activities | $21.6M | $14.2M | $12.6M | $24.8M | $31.2M | $14.8M | $9.1M | $21.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $605.0K | $2.3M | $995.0K | $876.0K | $1.3M | $359.0K | $1.0M | $1.3M |
| Business Acquisitions | — | — | — | $572.0K | — | — | — | — |
| Net Cash from Investing Activities | $-21.4M | $-18.1M | $-50.6M | $-197.2M | $-56.5M | $-104.5M | $-7.8M | $-64.1M |
| Financing Activities | ||||||||
| Dividends Paid | $4.9M | $4.6M | $4.4M | $4.2M | $3.8M | $3.6M | $3.5M | $3.3M |
| Stock Repurchases | — | $338.0K | $75.0K | $1.2M | — | $2.3M | — | — |
| Net Cash from Financing Activities | $441.0K | $-3.0M | $42.0M | $6.3M | $129.7M | $160.9M | $-6.8M | $45.4M |
| Net Change in Cash | $707.0K | $-6.8M | $3.9M | $-166.1M | $104.4M | $71.1M | $-5.4M | $2.5M |
| Free Cash Flow | $21.0M | $11.9M | $11.6M | $23.9M | $29.8M | $14.5M | $8.1M | $19.9M |