MATIV HOLDINGS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-337.4M | $-48.7M | $-309.5M | $-6.6M | $88.9M | $83.8M | $85.8M | $94.5M |
| Depreciation & Amortization | $141.0M | $143.8M | $147.8M | $109.9M | $67.1M | $70.1M | $57.7M | $61.6M |
| Depreciation | $74.9M | $77.7M | $81.7M | $51.9M | $26.2M | $42.2M | $35.8M | $38.1M |
| Amortization | $63.2M | $62.9M | $61.0M | $53.4M | $39.7M | $24.6M | $20.3M | $20.7M |
| Stock-Based Compensation | $11.1M | $11.4M | $10.5M | $20.4M | $8.5M | $8.8M | $7.7M | $4.8M |
| Net Cash from Operating Activities | $133.8M | $94.8M | $106.6M | $202.2M | $58.0M | $161.6M | $160.3M | $139.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $40.0M | $55.0M | $66.0M | $45.6M | $19.4M | $30.1M | $28.6M | $27.0M |
| Business Acquisitions | — | $0 | $0 | $462.5M | $630.5M | $169.3M | $0 | $0 |
| Net Cash from Investing Activities | $-37.0M | $-56.7M | $547.2M | $-481.3M | $-636.4M | $-203.1M | $-14.8M | $-27.5M |
| Financing Activities | ||||||||
| Dividends Paid | $22.3M | $21.6M | $55.3M | $72.2M | $55.3M | $55.0M | $54.4M | $53.2M |
| Stock Repurchases | — | — | $10.6M | $6.9M | $3.4M | $1.0M | $900.0K | $3.0M |
| Net Cash from Financing Activities | $-106.7M | $-55.9M | $-662.9M | $331.5M | $599.9M | $-8.6M | $-135.8M | $-120.9M |
| Net Change in Cash | $-4.5M | $-25.9M | $-4.2M | $49.7M | $20.0M | $-48.3M | $9.2M | $-13.1M |
| Free Cash Flow | $93.8M | $39.8M | $40.6M | $156.6M | $38.6M | $131.5M | $131.7M | $112.1M |