Citizens, Inc. (CIA)

Citizens Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	14.91	24.44	26.01	72.71	-10.99
Depreciation & Amortization	0.62	0.52	0.54	1.14	1.42
Other Amortization	0.6	0.6	0.62	0.76	1.82
Gain (Loss) on Sale of Investments	7.74	4.18	14.53	-5.42	6.56
Stock-Based Compensation	1.52	0.59	0.46	0.65	2.22
Change in Accounts Receivable	-0.46	0.57	-1.08	0.56	1.35
Reinsurance Recoverable	-2.95	0.57	0.98	0.21	-2.06
Change in Income Taxes	1.4	-0.92	0.16	-44.68	-0.71
Change in Insurance Reserves / Liabilities	22.05	6.26	12.25	24.14	40.68
Change in Other Net Operating Assets	12.15	-2.76	11.04	-14.64	1.98
Other Operating Activities	-25.67	-11.98	-8.59	-7.59	6.56
Operating Cash Flow	31.92	22.06	56.92	40.46	48.83
Operating Cash Flow Growth	44.71%	-61.25%	40.70%	-17.16%	-32.38%
Capital Expenditures	-0.66	-0.44	-0.1	-1.01	-0.22
Sale of Property, Plant & Equipment	-	-	-	0.01	0.01
Investment in Securities	-30.66	-17.48	-63.27	-42.11	-60.3
Investing Cash Flow	-27.17	-14.5	-60.74	-41.08	-61.81
Issuance of Common Stock	-	-	2.24	2.26	-
Repurchases of Common Stock	-0.39	-0.98	-2.71	-9.09	-
Other Financing Activities	-	-	-0.12	-0.46	-0.87
Financing Cash Flow	-2.47	-3.54	-0.5	-6.22	0.9
Net Cash Flow	2.27	4.02	-4.32	-6.84	-12.07
Free Cash Flow	31.26	21.61	56.82	39.45	48.61
Free Cash Flow Growth	44.60%	-61.96%	44.04%	-18.85%	-32.21%
Free Cash Flow Margin	12.76%	8.98%	24.44%	15.75%	20.35%
Free Cash Flow Per Share	0.62	0.43	1.12	0.78	0.95
Cash Income Tax Paid	0.5	1.8	0.3	1.2	-
Levered Free Cash Flow	12.51	16.41	11.09	-9.87	11.83
Unlevered Free Cash Flow	12.51	16.41	11.09	-9.87	11.83
Change in Net Working Capital	-1.08	1.21	7.54	38.36	-8.03

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q