Performance Shipping Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $50.0M | $43.7M | $69.4M | $36.3M | $-9.7M | $3.8M | $-32.1M | $-52.9M |
| Depreciation & Amortization | $15.1M | $13.3M | $14.8M | $9.3M | $7.5M | $5.9M | $3.7M | $4.9M |
| Depreciation | — | — | — | — | — | $5.7M | $740.0K | $4.4M |
| Amortization | — | — | — | — | — | — | — | $0 |
| Stock-Based Compensation | $0 | $0 | $52.0K | $107.0K | $268.0K | $1.9M | $1.8M | — |
| Net Cash from Operating Activities | $50.1M | $59.9M | $68.0M | $33.8M | $-3.1M | $13.2M | $-4.2M | $-330.0K |
| Investing Activities | ||||||||
| Capital Expenditures | $254.6M | $0 | $64.0K | $143.4M | — | $63.4M | $50.2M | $0 |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-244.6M | $-47.4M | $25.7M | $-113.0M | $-770.0K | $-40.1M | $-18.5M | $93.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | $0 | $0 | $0 | $502.0K | $0 | — |
| Stock Repurchases | $0 | $0 | $2.7M | $0 | $0 | $656.0K | $0 | $0 |
| Net Cash from Financing Activities | $172.5M | $-9.4M | $-65.1M | $109.3M | $-7.9M | $22.0M | $38.6M | $-88.8M |
| Net Change in Cash | $-22.1M | $3.0M | $28.5M | $30.2M | $-11.8M | $-5.0M | $15.9M | $4.0M |
| Free Cash Flow | $-204.5M | $59.9M | $67.9M | $-109.6M | — | $-50.2M | $-54.4M | $-330.0K |