Massimo Group
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | $1.5M | $1.8M | $10.4M | $4.2M |
| Depreciation & Amortization | $141.5K | $171.3K | $193.6K | — |
| Depreciation | $141.5K | $129.6K | $151.5K | $146.7K |
| Amortization | — | — | — | — |
| Stock-Based Compensation | $191.6K | $224.2K | — | — |
| Net Cash from Operating Activities | $-98.3K | $6.7M | $10.9M | $621.3K |
| Investing Activities | ||||
| Capital Expenditures | $65.4K | $387.9K | $134.7K | $197.8K |
| Business Acquisitions | — | — | — | — |
| Net Cash from Investing Activities | $-731.0K | $-225.9K | $-121.2K | $-197.8K |
| Financing Activities | ||||
| Dividends Paid | — | — | — | — |
| Stock Repurchases | — | — | — | — |
| Net Cash from Financing Activities | $-3.6M | $3.0M | $-11.0M | $-764.4K |
| Net Change in Cash | $-4.4M | $9.4M | $-182.2K | $-340.9K |
| Free Cash Flow | $-163.6K | $6.3M | $10.8M | $423.5K |