OPENLANE, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $177.7M | $109.9M | $-154.1M | $241.2M | $66.5M | $500.0K | $188.5M | $328.0M |
| Depreciation & Amortization | $91.7M | $95.2M | $101.5M | $100.2M | $109.9M | $109.1M | $188.7M | $172.4M |
| Depreciation | $12.5M | $13.7M | $13.8M | $16.6M | $20.0M | $25.4M | $65.8M | $60.7M |
| Amortization | $79.2M | $81.5M | $87.7M | $83.6M | $89.9M | $83.7M | $122.9M | $111.7M |
| Stock-Based Compensation | $14.6M | $14.7M | $16.5M | $16.6M | $13.2M | $11.8M | $19.6M | $19.6M |
| Net Cash from Operating Activities | $391.9M | $292.8M | $237.0M | $4.1M | $233.9M | $179.1M | $380.8M | $749.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $55.4M | $53.0M | $52.0M | $60.9M | $64.2M | $62.8M | $161.6M | $131.3M |
| Business Acquisitions | $0 | $0 | $103.0M | $400.0K | $521.8M | $421.0M | $120.7M | $45.2M |
| Net Cash from Investing Activities | — | — | — | — | — | — | — | $-381.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | $0 | $0 | $49.0M | — | — |
| Stock Repurchases | $45.6M | $30.0M | $22.2M | $182.2M | $180.9M | $10.2M | $119.7M | $150.0M |
| Net Cash from Financing Activities | — | — | — | — | — | — | — | $-320.1M |
| Net Change in Cash | $1.7M | $24.8M | $-118.8M | $74.3M | $-580.9M | $330.9M | $256.2M | $1.2M |
| Free Cash Flow | $336.5M | $239.8M | $185.0M | $-56.8M | $169.7M | $116.3M | $219.2M | $618.5M |