Trupanion, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $19.4M | $-9.6M | $-44.7M | $-44.7M | $-35.5M | $-5.8M | $-1.8M | $-927.0K |
| Depreciation & Amortization | $15.8M | $16.5M | $12.5M | $10.9M | $12.0M | $7.1M | $5.6M | $4.5M |
| Depreciation | $11.2M | $11.2M | $6.7M | $6.1M | $7.1M | $5.2M | $4.7M | $4.3M |
| Amortization | $4.6M | $5.3M | $5.7M | $4.8M | $4.9M | $1.9M | $900.0K | $200.0K |
| Stock-Based Compensation | $38.3M | $33.4M | $33.2M | $33.4M | $28.2M | $8.9M | $6.8M | $4.8M |
| Net Cash from Operating Activities | $89.5M | $48.3M | $18.6M | $-8.0M | $7.5M | $21.5M | $16.2M | $12.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $14.1M | $9.7M | $18.3M | $17.1M | $12.4M | $7.5M | $5.4M | $56.9M |
| Business Acquisitions | — | $0 | $0 | $15.0M | $0 | $48.1M | $0 | — |
| Net Cash from Investing Activities | $-95.9M | $-13.5M | $7.6M | $-67.5M | $-51.9M | $-76.7M | $-28.0M | $-81.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $5.8M | $0 | — | — | — |
| Net Cash from Financing Activities | $-22.9M | $-4.0M | $59.1M | $60.7M | $-1.1M | $170.8M | $14.0M | $71.2M |
| Net Change in Cash | $-28.1M | $29.0M | $85.8M | $-16.2M | $-45.3M | $115.6M | $2.6M | $1.6M |
| Free Cash Flow | $75.4M | $38.6M | $358.0K | $-25.1M | $-4.9M | $14.1M | $10.8M | $-44.3M |