NexPoint Real Estate Finance, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $123.1M | $36.0M | $18.7M | $14.2M | $83.5M | $34.2M |
| Depreciation & Amortization | $2.9M | $5.6M | $2.5M | $2.9M | $0 | $0 |
| Depreciation | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $6.0M | $6.1M | $4.4M | $3.3M | $2.0M | $548.0K |
| Net Cash from Operating Activities | $22.9M | $29.3M | $31.6M | $65.8M | $49.3M | $32.9M |
| Investing Activities | ||||||
| Capital Expenditures | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $321.5M | $956.5M | $741.3M | $950.6M | $517.9M | $-68.3M |
| Financing Activities | ||||||
| Dividends Paid | $35.3M | $34.8M | $48.0M | $29.7M | $14.2M | $7.4M |
| Stock Repurchases | — | — | — | $0 | $0 | $4.8M |
| Net Cash from Financing Activities | $-317.2M | $-995.4M | $-776.6M | $-1.03B | $-567.4M | $68.8M |
| Net Change in Cash | $27.3M | $-9.6M | $-3.7M | $-12.9M | $-239.0K | $33.5M |
| Free Cash Flow | — | — | — | — | — | — |