Skyline Bankshares, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $15.8M | $7.4M | $9.7M | $10.3M | $9.5M | $5.9M | $7.2M | $4.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $2.0M | $2.0M | $1.9M | $1.7M | $1.5M | $1.4M | $1.2M | $1.2M |
| Amortization | $772.0K | $482.0K | $369.0K | $478.0K | $595.0K | $711.0K | $822.0K | $578.0K |
| Stock-Based Compensation | $477.0K | $381.0K | $251.0K | $179.0K | $155.0K | $0 | — | — |
| Net Cash from Operating Activities | $18.8M | $12.7M | $11.3M | $10.6M | $9.6M | $6.6M | $9.4M | $6.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $8.1M | $3.7M | $2.8M | $3.8M | $5.8M | $4.5M | $3.9M | $2.8M |
| Business Acquisitions | $0 | $17.7M | $0 | — | — | — | — | — |
| Net Cash from Investing Activities | $-68.7M | $-44.4M | $-53.4M | $-107.2M | $-122.7M | $-97.2M | $-22.4M | $30.8M |
| Financing Activities | ||||||||
| Dividends Paid | $2.9M | $2.6M | $2.4M | $1.8M | $1.6M | $1.6M | $1.5M | $1.1M |
| Stock Repurchases | $0 | $230.0K | $508.0K | $154.0K | $6.3M | $1.0M | $908.0K | $1.0K |
| Net Cash from Financing Activities | $53.7M | $29.0M | $33.1M | $12.0M | $133.1M | $141.9M | $17.3M | $-19.9M |
| Net Change in Cash | $3.7M | $-2.6M | $-9.0M | $-84.6M | $20.0M | $51.3M | $4.4M | $17.1M |
| Free Cash Flow | $10.6M | $9.0M | $8.5M | $6.8M | $3.7M | $2.0M | $5.6M | $3.4M |