Seritage Growth Properties
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-68.2M | $-153.5M | $-154.9M | $-73.9M | $-28.1M | $-105.0M | $-59.4M | $-73.5M |
| Depreciation & Amortization | $6.3M | $13.1M | $14.5M | $41.1M | $51.2M | $96.0M | $104.6M | $226.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $201.0K | $1.5M | $2.7M | $2.8M | $1.9M | $-3.0M | $6.8M | $7.5M |
| Net Cash from Operating Activities | $-34.9M | $-53.5M | $-53.1M | $-117.9M | $-136.0M | $-47.3M | $-57.7M | $54.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $198.5M | $126.9M | $732.9M | $586.1M | $260.7M | $42.9M | $-299.5M | $-119.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | $18.0M | $35.7M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-199.0M | $-125.3M | $-675.1M | $-437.0M | $-161.2M | $15.4M | $-36.4M | $180.2M |
| Net Change in Cash | $-35.4M | $-52.0M | $4.8M | $31.2M | $-36.5M | $11.0M | $-393.6M | $115.6M |
| Free Cash Flow | — | — | — | — | — | — | — | — |