Stoneridge, Inc.
Cash Flow Statement
| Line Item | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2022 | Mar 2022 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.2M | $-3.0M | $-7.4M | $731.0K | $-7.3M | $-7.7M | $-10.4M | $19.8M |
| Depreciation & Amortization | $8.5M | $8.4M | $8.3M | $8.3M | $8.5M | $8.7M | $8.2M | $8.6M |
| Depreciation | — | — | $6.6M | — | — | $6.9M | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | $69.0K | — | — | $1.1M | — | — |
| Net Cash from Operating Activities | — | — | $-9.2M | — | — | $-19.8M | — | — |
| Investing Activities | ||||||||
| Capital Expenditures | $9.0M | $5.4M | $8.9M | $6.5M | $5.8M | $7.4M | $6.7M | $4.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | $-8.8M | — | — | $-7.2M | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | $-2.1M | — | — | $-17.1M | — | — |
| Net Change in Cash | — | — | $-19.6M | — | — | $-44.2M | — | — |
| Free Cash Flow | — | — | $-18.1M | — | — | $-27.2M | — | — |
When you sell in desperation, you always sell cheap.