PELAGOS INSURANCE CAPITAL LIMITED
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $225.5M | $113.3M | $2.13B | $52.6M | $68.3M |
| Depreciation & Amortization | $-19.2M | $-14.0M | $300.0K | $3.9M | — |
| Depreciation | — | — | $300.0K | $3.9M | $4.5M |
| Amortization | — | — | — | — | — |
| Stock-Based Compensation | $7.9M | $7.8M | $27.6M | $10.8M | $9.8M |
| Net Cash from Operating Activities | $-408.3M | $618.2M | $495.2M | $741.4M | $345.8M |
| Investing Activities | |||||
| Capital Expenditures | $1.2M | $4.6M | $6.4M | $18.8M | $7.1M |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $682.7M | $-475.8M | $-834.9M | $215.9M | $-1.09B |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | $261.4M | $105.5M | $0 | $0 | $320.9M |
| Net Cash from Financing Activities | $19.8M | $-153.9M | $-106.9M | $-16.2M | $-18.2M |
| Net Change in Cash | $301.0M | $-17.5M | $-443.8M | $931.9M | $-762.5M |
| Free Cash Flow | $-409.5M | $613.6M | $488.8M | $722.6M | $338.7M |