PURE CYCLE CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $13.1M | $11.6M | $4.7M | $9.6M | $20.1M | $6.8M | $4.8M | $414.7K |
| Depreciation & Amortization | $2.3M | $2.1M | $2.2M | $2.1M | $1.8M | $1.7M | $1.3M | $902.7K |
| Depreciation | $2.3M | $2.1M | $2.2M | $2.1M | $1.8M | $1.7M | $1.3M | $900.5K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $323.0K | $436.0K | $539.0K | $603.0K | $497.0K | $517.0K | $336.2K | $324.8K |
| Net Cash from Operating Activities | $13.2M | $2.3M | $-2.3M | $17.5M | $3.5M | $20.7M | $3.5M | $482 |
| Investing Activities | ||||||||
| Capital Expenditures | $861.0K | $458.0K | $394.0K | $157.0K | $383.0K | $587.0K | $354.0K | $445.3K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-9.7M | $-4.8M | $-9.2M | $-6.7M | $-2.9M | $-3.4M | $-10.8M | $5.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $397.0K | $581.0K | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-491.0K | $-612.0K | $2.8M | $4.0M | $87.0K | $45.0K | $186.2K | $288.0K |
| Net Change in Cash | — | — | — | — | — | — | — | $6.0M |
| Free Cash Flow | $12.3M | $1.9M | $-2.7M | $17.3M | $3.1M | $20.1M | $3.2M | $-444.8K |