Vestis Corp
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $5.0M | $6.0M | $12.3M | $94.0M | $48.9M | $36.9M | $33.5M |
| Depreciation & Amortization | $34.9M | $35.2M | $35.4M | $34.8M | $34.2M | $33.6M | $33.9M |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | $6.4M | $6.5M | $6.5M | $6.5M | $6.5M | $6.5M | $6.5M |
| Stock-Based Compensation | $3.9M | $4.7M | $4.7M | $2.9M | $3.6M | $3.5M | $4.5M |
| Net Cash from Operating Activities | $48.7M | $76.0M | $51.5M | $113.0M | $75.2M | $60.8M | $8.0M |
| Investing Activities | |||||||
| Capital Expenditures | $21.0M | $12.9M | $16.9M | $25.2M | $20.3M | $18.7M | $13.7M |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-21.0M | $-12.9M | $-16.9M | $26.9M | $-19.9M | $-8.8M | $-12.9M |
| Financing Activities | |||||||
| Dividends Paid | $4.6M | $4.6M | $0 | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-29.1M | $-81.5M | $-21.6M | $-117.8M | $-51.7M | $-58.5M | $-2.3M |
| Net Change in Cash | $-1.6M | $-18.2M | $12.8M | $21.8M | $3.8M | $-6.3M | $-6.9M |
| Free Cash Flow | $27.7M | $63.2M | $34.6M | $87.8M | $54.9M | $42.1M | $-5.7M |