Mastech Digital, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $609.0K | $3.4M | $-7.1M | $8.7M | $12.2M | $9.9M | $11.1M | $6.7M |
| Depreciation & Amortization | $3.3M | $3.5M | $3.9M | $4.2M | $4.0M | $3.6M | $3.4M | $3.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $2.6M | $2.7M | $2.8M | $3.0M | $3.2M | $2.8M | $2.7M | $2.7M |
| Stock-Based Compensation | $3.1M | $2.2M | $3.1M | $2.2M | $2.2M | $2.0M | $936.0K | $470.0K |
| Net Cash from Operating Activities | $11.1M | $7.2M | $16.0M | $12.6M | $5.2M | $21.2M | $16.1M | $-471.0K |
| Investing Activities | ||||||||
| Capital Expenditures | $376.0K | $941.0K | $335.0K | $835.0K | $1.9M | $298.0K | $1.0M | $771.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-486.0K | $-941.0K | $-216.0K | $-818.0K | $-2.1M | $-9.6M | $-879.0K | $-1.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-1.1M | $654.0K | $-1.6M | $-10.4M | $-4.1M | $-6.7M | $-13.4M | $550.0K |
| Net Change in Cash | $8.8M | $6.6M | $14.1M | $435.0K | $-1.1M | $4.7M | $1.7M | $-1.2M |
| Free Cash Flow | $10.8M | $6.3M | $15.6M | $11.8M | $3.3M | $20.9M | $15.1M | $-1.2M |