Latham Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $11.1M | $-17.9M | $-2.4M | $-5.7M | $-62.3M | $16.0M | $7.5M |
| Depreciation & Amortization | $51.4M | $44.4M | $40.8M | $38.2M | $32.2M | $25.4M | $21.7M |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | $28.9M | $27.1M | $26.5M | $28.2M | $22.6M | $17.3M | $15.6M |
| Stock-Based Compensation | $9.2M | $7.4M | $18.8M | $50.6M | $128.8M | $1.8M | $808.0K |
| Net Cash from Operating Activities | $63.4M | $61.3M | $116.4M | $32.3M | $33.7M | $63.2M | $35.7M |
| Investing Activities | |||||||
| Capital Expenditures | $25.4M | $20.1M | $33.2M | $39.7M | $25.0M | $16.3M | $8.2M |
| Business Acquisitions | $4.9M | $64.5M | $0 | $5.4M | $90.5M | $74.7M | $20.2M |
| Net Cash from Investing Activities | $-42.3M | $-84.6M | $-31.7M | $-45.0M | $-108.2M | $-115.8M | $-27.1M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $280.7M | $281.6M | $582.0K | $200.0K |
| Net Cash from Financing Activities | $-7.0M | $-22.0M | $-13.9M | $3.8M | $60.0M | $54.3M | $16.6M |
| Net Change in Cash | $14.6M | $-46.4M | $70.1M | $-11.3M | $-15.4M | $2.7M | $24.2M |
| Free Cash Flow | $38.0M | $41.2M | $83.2M | $-7.4M | $8.7M | $46.9M | $27.5M |