Team, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-49.2M | $-38.3M | $-75.7M | $70.1M | $-186.0M | $-237.2M | $-32.4M | $-63.1M |
| Depreciation & Amortization | $34.1M | $36.3M | $37.9M | $37.6M | $41.5M | $45.9M | $49.1M | $64.9M |
| Depreciation | $18.6M | $20.5M | $21.8M | $22.9M | $25.4M | $31.5M | $34.4M | $36.2M |
| Amortization | $12.4M | $12.4M | $12.7M | $12.9M | $12.9M | $14.0M | $14.3M | $28.7M |
| Stock-Based Compensation | $795.0K | $2.3M | $1.6M | $247.0K | $7.0M | $6.3M | $10.1M | $12.3M |
| Net Cash from Operating Activities | $-11.3M | $22.8M | $-11.0M | $-57.9M | $-35.5M | $52.8M | $58.8M | $41.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.3M | $9.5M | $10.4M | $24.7M | $17.6M | $20.0M | $29.0M | $27.2M |
| Business Acquisitions | — | — | — | — | $0 | $1.0M | $0 | $0 |
| Net Cash from Investing Activities | $-9.1M | $-9.3M | $-10.0M | $243.4M | $-14.1M | $-18.3M | $-28.1M | $-25.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | $0 |
| Net Cash from Financing Activities | $2.8M | $-12.7M | $-1.9M | $-192.0M | $91.9M | $-23.5M | $-36.8M | $-23.0M |
| Net Change in Cash | $-17.4M | $118.0K | $-22.6M | $-7.2M | $40.7M | $12.4M | $-6.1M | $-8.3M |
| Free Cash Flow | $-20.6M | $13.3M | $-21.4M | $-82.6M | $-53.1M | $32.8M | $29.8M | $14.7M |