Movado Group, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.6M | $18.4M | $41.3M | $90.4M | $91.6M | $-111.5M | $42.7M | $61.6M |
| Depreciation & Amortization | $9.4M | $9.3M | $9.6M | $10.8M | $12.5M | $14.1M | $16.4M | $14.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $2.0M | $1.9M | $2.5M | $3.2M | $3.6M | $3.8M | $6.1M | $4.4M |
| Stock-Based Compensation | $5.2M | $4.1M | $7.4M | $5.7M | $5.0M | $5.1M | $6.4M | $6.0M |
| Net Cash from Operating Activities | $57.9M | $-1.5M | $76.8M | $54.3M | $130.8M | $68.4M | $32.1M | $86.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.5M | $8.0M | $8.2M | $7.1M | $5.7M | $3.0M | $12.7M | $10.6M |
| Business Acquisitions | — | — | — | — | — | — | $639.0K | $97.9M |
| Net Cash from Investing Activities | $-8.1M | $-13.7M | $-11.5M | $-10.6M | $-7.9M | $-1.9M | $-13.4M | $-109.0M |
| Financing Activities | ||||||||
| Dividends Paid | $31.1M | $31.1M | $53.1M | $31.4M | $22.0M | $0 | $18.4M | $18.5M |
| Stock Repurchases | $3.9M | $2.6M | $3.1M | $31.4M | $22.6M | $0 | $4.2M | $7.4M |
| Net Cash from Financing Activities | $-36.3M | $-35.4M | $-57.6M | $-65.3M | $-66.6M | $-34.4M | $-23.9M | $3.7M |
| Net Change in Cash | $22.2M | $-53.6M | $10.6M | $-25.5M | $53.3M | $38.0M | $-4.0M | $-25.0M |
| Free Cash Flow | $53.4M | $-9.5M | $68.6M | $47.3M | $125.2M | $65.4M | $19.4M | $75.5M |