SOUTHLAND HOLDINGS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $-306.5M | $-105.4M | $-19.3M | $60.5M | $38.7M |
| Depreciation & Amortization | $23.2M | $23.3M | $30.5M | $45.7M | $47.5M |
| Depreciation | $23.2M | $22.0M | $29.9M | $44.6M | $45.0M |
| Amortization | $0 | $500.0K | $500.0K | $1.0M | $1.8M |
| Stock-Based Compensation | — | — | — | — | — |
| Net Cash from Operating Activities | $16.6M | $1.9M | $-10.3M | $-66.2M | $-90.6M |
| Investing Activities | |||||
| Capital Expenditures | $3.8M | $7.4M | $10.8M | $4.8M | $18.8M |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $3.4M | $3.2M | $4.5M | $5.6M | $-8.5M |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — |
| Net Cash from Financing Activities | $-40.2M | $18.8M | $-2.6M | $20.1M | $30.6M |
| Net Change in Cash | $-20.1M | $23.7M | $-8.2M | $-39.3M | $-69.2M |
| Free Cash Flow | $12.7M | $-5.5M | $-21.1M | $-71.0M | $-109.4M |