OPAL Fuels Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $36.4M | $14.3M | $127.0M | $32.6M | $-16.2M |
| Depreciation & Amortization | $22.5M | $17.9M | $14.6M | $13.1M | $10.7M |
| Depreciation | $21.6M | $17.2M | $13.5M | $11.9M | $9.5M |
| Amortization | — | $274.0K | $563.0K | $694.0K | $346.0K |
| Stock-Based Compensation | $6.5M | $6.5M | $5.9M | $1.5M | $639.0K |
| Net Cash from Operating Activities | $36.5M | $31.4M | $38.3M | $-1.4M | $18.9M |
| Investing Activities | |||||
| Capital Expenditures | $70.7M | $127.2M | $113.8M | $131.4M | $89.6M |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $-77.3M | $-134.6M | $-74.1M | $-184.0M | $-117.2M |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — |
| Net Cash from Financing Activities | $41.6M | $83.5M | $5.9M | $220.6M | $125.0M |
| Net Change in Cash | — | $-18.0M | $-30.0M | $35.2M | $811.5K |
| Free Cash Flow | $-34.2M | $-95.9M | $-75.6M | $-132.8M | $-70.8M |