Lindblad Expeditions Holdings, Inc. (LIND)

LIND Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-31.22	-31.18	-45.61	-111.38	-119.21	-98.74
Depreciation & Amortization	61.22	53.46	47.52	44.65	39.55	32.81
Other Amortization	10.72	3.7	7.23	11.67	3.2	2.15
Loss (Gain) From Sale of Assets	-	-	-	-	-	0.11
Stock-Based Compensation	16.96	9.83	13.89	6.99	5.56	2.39
Other Operating Activities	7.86	6.1	6.7	9.94	0.47	-6.39
Change in Inventory	-	-	-	-	-	0.69
Change in Accounts Payable	0.64	1.75	-5.21	20.53	25.29	-21.14
Change in Unearned Revenue	45.66	52.97	7.1	32.5	83.95	-18.09
Change in Other Net Operating Assets	-13.02	-4.27	-6.18	-17.11	-6.31	13.96
Operating Cash Flow	98.82	92.36	25.44	-2.2	32.5	-92.26
Operating Cash Flow Growth	22.30%	263.02%	-	-	-	-
Capital Expenditures	-46.65	-33.52	-29.96	-38.21	-96.69	-155.48
Cash Acquisitions	-17.18	-10.56	-	-	-18.04	-
Investment in Securities	-	-	15.16	-15	-	-
Investing Cash Flow	-63.83	-44.08	-14.8	-49.6	-114.72	-155.48
Long-Term Debt Issued	-	-	275	360	61.72	268.34
Long-Term Debt Repaid	-	-0.05	-205.7	-352.94	-5.96	-2.84
Net Debt Issued (Repaid)	40.01	-0.05	69.3	7.06	55.76	265.5
Repurchase of Common Stock	-0.74	-2.97	-1.13	-1.06	-2.22	-0.41
Other Financing Activities	-8.72	-16.74	-7.49	-10.87	-3.14	-7.1
Financing Cash Flow	30.56	-19.77	60.68	-4.87	50.41	342.99
Foreign Exchange Rate Adjustments	-	0.29	-	-	-	-
Net Cash Flow	65.55	28.8	71.32	-56.67	-31.82	95.26
Free Cash Flow	52.17	58.84	-4.52	-40.41	-64.19	-247.74
Free Cash Flow Growth	4.52%	-	-	-	-	-
Free Cash Flow Margin	7.08%	9.13%	-0.79%	-9.59%	-43.64%	-300.81%
Free Cash Flow Per Share	0.95	1.09	-0.09	-0.78	-1.28	-4.98
Cash Interest Paid	56.3	49.42	43.7	25.82	18.26	16.32
Cash Income Tax Paid	2.56	0.32	0.71	0.31	0.1	0.7
Levered Free Cash Flow	89.72	88.4	13.19	-6.42	-32.18	-214.37
Unlevered Free Cash Flow	114.93	113.29	37.96	14.34	-20.02	-206.09
Change in Working Capital	33.28	50.45	-4.29	35.93	102.92	-24.58

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q