UNIVERSAL TECHNICAL INSTITUTE, INC
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $63.0M | $42.0M | $12.3M | $25.8M | $14.6M | $8.0M | $-7.9M | $-32.7M |
| Depreciation & Amortization | $33.0M | $29.3M | $25.2M | $16.9M | $14.0M | $11.8M | $13.2M | $13.0M |
| Depreciation | $32.1M | $28.6M | $24.6M | $16.8M | $14.0M | — | $16.4M | $16.0M |
| Amortization | $900.0K | $700.0K | $600.0K | $100.0K | $35.5K | — | — | — |
| Stock-Based Compensation | $9.2M | $8.6M | $3.8M | $4.3M | $1.7M | $2.1M | $1.4M | $1.8M |
| Net Cash from Operating Activities | $97.3M | $85.9M | $49.1M | $46.0M | $55.2M | $11.0M | $21.7M | $-13.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $42.0M | $24.3M | $56.7M | $79.5M | $61.3M | $9.3M | $6.5M | $20.6M |
| Business Acquisitions | $0 | $0 | $16.4M | $26.5M | $0 | $0 | — | $0 |
| Net Cash from Investing Activities | $-87.9M | $-24.0M | $-44.1M | $-134.6M | $-23.0M | $-45.8M | $-6.2M | $27.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | $0 |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-42.8M | $-51.3M | $81.8M | $12.6M | $24.8M | $43.1M | $-7.2M | $-6.6M |
| Net Change in Cash | $-33.3M | $10.5M | $86.9M | $-76.0M | $57.1M | $8.4M | $8.4M | $8.0M |
| Free Cash Flow | $55.4M | $61.6M | $-7.5M | $-33.4M | $-6.1M | $1.8M | $15.3M | $-34.0M |