UFP Technologies, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $68.3M | $59.0M | $44.9M | $41.8M | $15.9M | $13.4M | $19.8M | $14.3M |
| Depreciation & Amortization | $19.2M | $14.7M | $11.4M | $11.9M | $8.4M | $8.3M | $8.2M | $7.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $9.8M | $6.7M | $4.4M | $4.4M | $1.3M | $1.3M | $1.3M | $1.2M |
| Stock-Based Compensation | $8.9M | $6.8M | $4.6M | $3.2M | $2.4M | $1.8M | $1.6M | $1.2M |
| Net Cash from Operating Activities | $91.9M | $66.6M | $41.3M | $17.7M | $14.3M | $25.0M | $31.2M | $21.3M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $9.7M | $10.5M | $13.8M | $5.4M | $4.4M | $5.8M | $5.4M |
| Business Acquisitions | $14.7M | $197.5M | $0 | $20.7M | $96.2M | $0 | $0 | $77.0M |
| Net Cash from Investing Activities | $-27.6M | $-210.2M | $-10.5M | $1.3M | $-101.5M | $-4.3M | $-5.8M | $-82.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-58.2M | $152.4M | $-30.0M | $-25.9M | $74.0M | $-285.0K | $-25.0M | $26.3M |
| Net Change in Cash | $6.9M | $8.2M | $812.0K | $-6.7M | $-13.1M | $20.5M | $505.0K | $-34.7M |
| Free Cash Flow | — | $56.9M | $30.8M | $4.0M | $8.9M | $20.7M | $25.5M | $15.9M |