Tecnoglass Holdings Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $159.6M | $161.3M | $182.9M | $155.7M | $68.2M | $23.9M | $24.5M | $9.0M |
| Depreciation & Amortization | $36.8M | $26.5M | $21.9M | $19.7M | $20.9M | $20.6M | $22.7M | $23.2M |
| Depreciation | $30.7M | $22.2M | $18.5M | $16.5M | $17.3M | $17.1M | $18.4M | $18.8M |
| Amortization | $2.7M | $1.4M | $1.2M | $1.4M | $2.3M | $2.2M | $2.7M | $4.4M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $135.8M | $170.5M | $138.8M | $141.9M | $117.3M | $71.7M | $25.7M | $-5.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $101.3M | $79.6M | $78.0M | $71.3M | $51.5M | $18.3M | $25.0M | $13.1M |
| Business Acquisitions | $6.8M | — | — | — | — | — | $34.1M | $6.0M |
| Net Cash from Investing Activities | $-87.6M | $-77.3M | $-76.0M | $-72.6M | $-50.8M | $-18.1M | $-59.1M | $-18.7M |
| Financing Activities | ||||||||
| Dividends Paid | $28.1M | $19.7M | $16.4M | $12.9M | $5.2M | $3.8M | $5.2M | $2.7M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-85.5M | $-84.5M | $-42.8M | $-44.8M | $-43.8M | $-33.5M | $48.3M | $17.0M |
| Net Change in Cash | $-34.0M | $5.4M | $25.8M | $18.7M | $17.3M | $19.3M | $14.8M | $-7.9M |
| Free Cash Flow | $34.5M | $91.0M | $60.9M | $70.6M | $65.7M | $53.4M | $712.0K | $-18.1M |