OceanPal Inc.
Cash Flow Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-17.9M | $-2.0M | $-326.0K | $751.0K | $-3.8M | $-1.9M |
| Depreciation & Amortization | $7.2M | $7.7M | $4.9M | $2.2M | $2.2M | $2.5M |
| Depreciation | — | — | $4.9M | $2.2M | $2.2M | $2.5M |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-3.5M | $815.0K | $1.5M | $3.2M | $-2.7M | $1.4M |
| Investing Activities | ||||||
| Capital Expenditures | $18.9M | $4.4M | $5.1M | $23.9K | $1.5M | $0 |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.5M | $-6.0M | $-5.1M | $-23.9K | $-1.5M | $0 |
| Financing Activities | ||||||
| Dividends Paid | — | — | $3.1M | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-1.6M | $11.6M | $10.4M | $-3.2M | $4.2M | $-1.5M |
| Net Change in Cash | $-7.7M | $6.4M | $6.8M | $-39.5K | $37.7K | $-64.8K |
| Free Cash Flow | $-22.4M | $-3.6M | $-3.6M | $3.2M | $-4.2M | $1.4M |