NewLake Capital Partners, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $26.3M | $26.1M | $24.6M | $22.0M | $11.6M | $-10.4M |
| Depreciation & Amortization | $15.5M | $14.7M | $14.3M | $12.8M | $8.1M | $2.6M |
| Depreciation | $13.5M | $12.7M | $12.3M | $10.6M | $6.5M | $2.6M |
| Amortization | $2.0M | $2.0M | $2.0M | $2.2M | $1.6M | $0 |
| Stock-Based Compensation | $1.1M | $1.7M | $1.4M | $1.5M | $2.0M | $4.7M |
| Net Cash from Operating Activities | $42.5M | $43.3M | $40.1M | $37.0M | $26.7M | $7.3M |
| Investing Activities | ||||||
| Capital Expenditures | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | $0 | $2.1M | $0 |
| Net Cash from Investing Activities | $-1.5M | $-19.1M | $-12.8M | $-86.5M | $-39.9M | $-65.1M |
| Financing Activities | ||||||
| Dividends Paid | $35.3M | $34.3M | $33.1M | $29.0M | $11.7M | $5.2M |
| Stock Repurchases | — | $0 | $11.8M | $0 | — | — |
| Net Cash from Financing Activities | $-37.2M | $-29.8M | $-46.6M | $-32.5M | $120.7M | $10.4M |
| Net Change in Cash | $3.7M | $-5.6M | $-19.3M | $-81.9M | $107.5M | $-47.3M |
| Free Cash Flow | — | — | — | — | — | — |