VIREO GROWTH INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-68.1M | $-28.0M | $-25.5M | $-42.5M | $-33.7M | $-22.9M |
| Depreciation & Amortization | $16.1M | $2.5M | $2.9M | $3.3M | $3.0M | $2.5M |
| Depreciation | $11.3M | $292.7K | $469.9K | $653.1K | $624.6K | $413.1K |
| Amortization | $5.7M | $720.1K | $678.9K | $676.6K | $817.2K | — |
| Stock-Based Compensation | $18.7M | $3.6M | $4.2M | $2.7M | $5.2M | $12.8M |
| Net Cash from Operating Activities | $3.7M | $-10.2M | $-965.9K | $-18.1M | $-30.5M | $-10.9M |
| Investing Activities | ||||||
| Capital Expenditures | $28.3M | $11.7M | $5.0M | $5.6M | $18.0M | $8.4M |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $8.8M | $-8.1M | $-3.5M | $-5.6M | $-7.2M | $12.9M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $18.4M | $94.0M | $5.3M | $23.7M | $25.8M | $15.9M |
| Net Change in Cash | — | — | — | — | — | — |
| Free Cash Flow | $-24.6M | $-21.9M | $-5.9M | $-23.6M | $-48.6M | $-19.4M |