Tile Shop Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-4.5M | $2.3M | $10.1M | $15.7M | $14.8M | $6.0M | $-4.5M | $10.4M |
| Depreciation & Amortization | $16.0M | $17.8M | $21.2M | $25.1M | $27.4M | $31.3M | $33.5M | $28.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.3M | $1.3M | $1.4M | $1.8M | $2.3M | $2.2M | $2.6M | $2.7M |
| Net Cash from Operating Activities | $5.8M | $27.1M | $62.1M | $2.7M | $39.7M | $65.6M | $38.6M | $18.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.6M | $14.5M | $15.3M | $14.0M | $11.1M | $2.0M | $27.0M | $35.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-9.4M | $-14.3M | $-15.3M | $-14.0M | $-11.1M | $-2.0M | $-26.4M | $-34.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | $32.9M | — | $7.7M | $10.4M |
| Stock Repurchases | $32.0M | — | — | $30.2M | — | — | $10.5M | — |
| Net Cash from Financing Activities | $-7.3M | $-503.0K | $-45.9M | $9.1M | $-28.9M | $-63.3M | $-8.6M | $14.9M |
| Net Change in Cash | $-10.8M | $12.3M | $861.0K | $-2.3M | $-259.0K | $353.0K | $3.5M | $-1.1M |
| Free Cash Flow | $-3.8M | $12.6M | $46.7M | $-11.3M | $28.6M | $63.6M | $11.6M | $-17.1M |