Monarch Casino & Resort, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $101.4M | $72.8M | $82.4M | $87.5M | $68.5M | $23.7M | $31.8M | $34.1M |
| Depreciation & Amortization | $54.0M | $51.4M | $47.3M | $43.4M | $38.4M | $17.3M | $14.9M | $14.6M |
| Depreciation | $54.1M | $51.4M | $47.3M | $43.3M | $37.9M | $16.1M | $13.7M | — |
| Amortization | — | $200.0K | $200.0K | $100.0K | $500.0K | $1.2M | $1.2M | $1.2M |
| Stock-Based Compensation | $8.4M | $7.9M | $7.1M | $5.1M | $4.1M | $3.9M | $8.2M | $5.5M |
| Net Cash from Operating Activities | $164.7M | $140.7M | $173.0M | $139.8M | $128.1M | $31.4M | $63.2M | $58.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $36.3M | $47.4M | $49.0M | $39.5M | $46.9M | $88.7M | $125.4M | $137.1M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-37.2M | $-43.8M | $-51.2M | $-48.0M | $-37.8M | $-46.4M | $-134.9M | $-125.7M |
| Financing Activities | ||||||||
| Dividends Paid | $21.9M | $22.3M | $112.8M | — | — | — | — | — |
| Stock Repurchases | $72.7M | $60.0M | $5.0M | $6.5M | — | — | — | — |
| Net Cash from Financing Activities | $-89.9M | $-81.5M | $-117.2M | $-86.5M | $-85.1M | $-17.3M | $101.8M | $68.3M |
| Net Change in Cash | — | — | — | — | — | — | — | $1.3M |
| Free Cash Flow | $128.4M | $93.3M | $124.0M | $100.3M | $81.2M | $-57.2M | $-62.1M | $-78.3M |