Octave Specialty Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-259.1M | $-556.1M | $5.0M | $522.1M | $-17.0M | $-437.0M | $-216.0M | $186.0M |
| Depreciation & Amortization | $42.0M | $19.9M | $5.2M | — | $2.0M | $1.0M | $0 | $1.0M |
| Depreciation | $3.9M | $2.3M | $1.1M | $872.0K | $2.0M | $1.0M | — | — |
| Amortization | $38.0M | $17.6M | $4.2M | $2.9M | $55.0M | $57.0M | $295.0M | $107.0M |
| Stock-Based Compensation | $9.7M | $9.4M | $12.3M | $11.2M | $14.0M | $11.0M | $12.0M | $12.0M |
| Net Cash from Operating Activities | $-52.3M | $762.0K | $200.0M | $1.34B | $-131.0M | $-175.0M | $-311.0M | $-1.54B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $217.9M | $243.8M | $7.0M | $18.4M | $0 | $-74.0M | — | — |
| Net Cash from Investing Activities | — | — | $435.0M | $866.0M | $776.0M | $432.0M | $1.00B | $1.59B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $29.9M | $11.7M | $4.5M | $14.2M | — | — | — | — |
| Net Cash from Financing Activities | $21.4M | $28.6M | $-717.0K | $-2.16B | $-657.0M | $-303.0M | $-691.0M | $-585.0M |
| Net Change in Cash | — | — | $213.0M | $38.0M | $-12.0M | $-46.0M | $-2.0M | $-541.0M |
| Free Cash Flow | — | — | — | — | — | — | — | — |