Ashford Inc. (AINC)

Ashford Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Net Income	-40.82	-32.81	-45.98	-247.35	-30.22
Depreciation & Amortization	35.6	38.67	39.54	46.96	31.14
Share-Based Compensation	2.41	4.05	4.55	5.56	8.87
Other Operating Activities	-14.59	-4.25	-13.33	192.05	-1.46
Operating Cash Flow	18.79	42.11	20.84	32.21	24.7
Operating Cash Flow Growth	-55.37%	102.09%	-35.31%	30.41%	14.78%
Capital Expenditures	-23.18	-14.33	-5.97	-4.59	-29.81
Acquisitions	-8.08	-8.49	0	-1.44	0.98
Change in Investments	-1.77	0.45	-3.47	0	0
Investing Cash Flow	-33.03	-22.37	-9.44	-6.03	-28.83
Share Issuance / Repurchase	-0.36	-0.27	-0.12	-0.02	-12.39
Debt Issued / Paid	39	33.56	-5.56	24.22	19.12
Other Financing Activities	-30.62	-44.01	-15.97	-21.47	-8.79
Financing Cash Flow	8.03	-10.71	-21.65	2.73	-2.07
Exchange Rate Effect	0.04	-0.03	0.03	0.51	0.01
Net Cash Flow	-6.18	9	-10.22	29.42	-6.19
Free Cash Flow	-4.39	27.78	14.87	27.62	-5.11
Free Cash Flow Growth	-	86.85%	-46.18%	-	-
Free Cash Flow Margin	-0.59%	4.31%	3.87%	9.42%	-1.78%
Free Cash Flow Per Share	-1.43	9.53	5.39	12.09	-2.12

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).