Lifeway Foods, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $13.9M | $9.0M | $11.4M | $924.0K | $3.3M | $3.2M | $453.0K | $-3.1M |
| Depreciation & Amortization | $4.0M | $3.4M | $3.2M | $3.0M | $2.9M | $3.2M | $3.3M | $3.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $540.0K | $540.0K | $540.0K | $540.0K | $122.0K | $152.0K | $192.0K | $631.0K |
| Stock-Based Compensation | $1.9M | $2.4M | $1.5M | $1.1M | $1.1M | $393.0K | $838.0K | $802.0K |
| Net Cash from Operating Activities | $10.9M | $13.0M | $16.9M | $4.0M | $5.6M | $6.4M | $3.8M | $2.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $27.4M | $6.7M | $4.4M | $3.4M | $1.9M | $1.9M | $1.2M | $2.8M |
| Business Acquisitions | — | — | $0 | $580.0K | $5.2M | $0 | — | — |
| Net Cash from Investing Activities | $-22.0M | $-6.7M | $-4.4M | $-4.0M | $-7.1M | $-1.9M | $838.0K | $-2.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $0 | $4.0M | $1.6M | $405.0K | $538.0K | $1.4M |
| Net Cash from Financing Activities | $-65.0K | $-2.8M | $-3.8M | $-4.7M | $2.9M | $-405.0K | $-3.8M | $-1.7M |
| Net Change in Cash | — | — | — | — | — | $4.1M | $838.0K | $-2.0M |
| Free Cash Flow | $-16.4M | $6.3M | $12.6M | $538.0K | $3.6M | $4.5M | $2.6M | $-407.0K |