Wheeler Real Estate Investment Trust, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $8.8M | $-9.6M | $-4.7M | $-12.5M | $-9.4M | $245.0K | $-8.0M | $-16.5M |
| Depreciation & Amortization | $22.9M | $25.3M | $28.5M | $19.5M | $14.8M | $17.3M | $21.3M | $27.1M |
| Depreciation | $18.2M | $18.7M | $18.1M | $13.5M | $11.1M | $11.3M | $12.0M | $12.7M |
| Amortization | $4.8M | $6.6M | $10.4M | $6.1M | $3.7M | $6.0M | $9.3M | $14.4M |
| Stock-Based Compensation | — | — | — | $0 | $14.0K | $0 | $2.0K | $940.0K |
| Net Cash from Operating Activities | $21.1M | $26.0M | $20.9M | $30.8M | $17.0M | $15.8M | $15.3M | $22.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | $8.5M | $6.4M | $2.3M | $2.7M | $5.6M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $32.1M | $15.5M | $-31.5M | $-133.5M | $5.1M | $2.2M | $868.0K | $-22.5M |
| Financing Activities | ||||||||
| Dividends Paid | $6.6M | $10.4M | $10.8M | $2.7M | $0 | — | $0 | $14.6M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-65.4M | $-20.6M | $-5.5M | $118.2M | $-24.5M | $3.2M | $-12.5M | $6.2M |
| Net Change in Cash | $-12.1M | $20.9M | $-16.1M | $15.4M | $-2.3M | $21.2M | — | — |
| Free Cash Flow | — | — | — | $22.2M | $10.6M | $13.5M | $12.5M | $16.4M |