B. Riley Financial, Inc. 7.50% Senior Notes Due 2027
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $307.4M | $-764.3M | $-99.9M | $-159.8M | $445.1M | $205.1M | $81.6M | $16.3M |
| Depreciation & Amortization | $35.2M | $45.4M | $49.6M | $40.0M | $25.9M | $19.4M | $19.0M | $13.8M |
| Depreciation | $7.0M | $10.0M | $9.4M | $5.6M | $3.9M | $3.6M | $5.2M | $4.7M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $14.0M | $19.1M | $45.1M | $61.1M | $36.0M | $18.6M | $15.9M | $13.0M |
| Net Cash from Operating Activities | $-59.7M | $263.6M | $24.5M | $6.7M | $50.9M | $57.7M | $-27.2M | $-102.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.3M | $8.0M | $7.7M | $3.9M | $676.0K | $2.0M | $3.5M | $5.4M |
| Business Acquisitions | $0 | $19.1M | $26.2M | $261.7M | — | — | $2.2M | $53.9M |
| Net Cash from Investing Activities | $311.5M | $440.5M | $301.2M | $-32.3M | $-956.5M | $21.8M | $-437.7M | $-154.1M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $33.7M | $141.1M | $119.5M | $347.1M | $38.8M | $41.1M | $22.7M |
| Stock Repurchases | — | $0 | $69.5M | $6.5M | $2.7M | $48.2M | $4.3M | $18.7M |
| Net Cash from Financing Activities | $-279.4M | $-671.9M | $-365.9M | $17.6M | $1.08B | $-80.7M | $389.3M | $284.9M |
| Net Change in Cash | $-27.4M | $22.8M | $-37.1M | $-8.9M | $175.0M | $98.0K | $-75.5M | $27.7M |
| Free Cash Flow | $-71.0M | $255.6M | $16.8M | $2.7M | $50.2M | $55.6M | $-30.7M | $-107.6M |