Natural Resource Partners L.P.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $136.4M | $183.6M | $278.4M | $268.5M | $108.9M | $-84.8M | $-24.5M | $139.5M |
| Depreciation & Amortization | $15.0M | $15.5M | $18.5M | $22.5M | $19.1M | $9.2M | $14.9M | $21.7M |
| Depreciation | — | — | — | — | — | — | — | $400.0K |
| Amortization | $1.0M | $800.0K | $1.0M | $1.4M | $1.3M | $200.0K | $2.5M | $4.3M |
| Stock-Based Compensation | $11.1M | $11.3M | $10.9M | $5.8M | $4.0M | $3.6M | $2.4M | $1.4M |
| Net Cash from Operating Activities | $165.9M | $248.5M | $311.0M | $266.8M | $121.8M | $89.3M | $137.3M | $188.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $0 | $10.0K | $118.0K | $0 | $0 | — | $0 |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $4.8M | $7.5M | $5.4M | $2.7M | $2.4M | $1.7M | $7.6M | $190.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-170.9M | $-237.5M | $-343.5M | $-366.0M | $-88.5M | $-89.4M | $-252.7M | $-203.3M |
| Net Change in Cash | $-303.0K | $18.5M | $-27.1M | $-96.4M | $35.7M | $1.5M | $-107.8M | $176.2M |
| Free Cash Flow | $165.9M | $248.5M | $311.0M | $266.7M | $121.8M | $89.3M | — | $188.9M |