UTG, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $17.1M | $50.0M | $2.7M | $34.3M | $9.7M | $2.1M | $16.3M | $12.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.3M | $1.9M | $728.9K | $2.0M | $2.8M | $1.7M | $3.1M | $1.1M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $291.4K | $476.8K | $801.8K | $599.2K | $287.9K | $325.7K | $353.9K | $360.8K |
| Net Cash from Operating Activities | $-6.5M | $-1.6M | $-9.8M | $-5.3M | $-12.5M | $-13.2M | $-6.5M | $-5.1M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | $0 |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-6.9M | $26.5M | $6.9M | $26.2M | $-18.1M | $26.9M | $16.3M | $2.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $782.8K | $648.2K | $882.0K | $685.8K | $537.4K | $3.3M | $909.4K | $1.3M |
| Net Cash from Financing Activities | $-1.3M | $-20.9M | $-1.2M | $-6.4M | $22.3M | $-3.4M | $-1.2M | $-2.2M |
| Net Change in Cash | — | — | — | — | — | — | — | $-5.3M |
| Free Cash Flow | — | — | — | — | — | — | — | $-5.1M |