Pangaea Logistics Solutions Ltd. (PANL)

PANL Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	20.17	31.77	28.54	85.51	72.37
Depreciation & Amortization	42.48	30.38	30.07	29.49	22.97
Stock-Based Compensation	4.11	2.79	2.09	1.77	2.1
Other Adjustments	-19.18	-0.87	4.29	6.04	-9.31
Change in Receivables	-15.02	3.69	-14.08	15.13	-26.67
Changes in Inventories	4.46	-11.03	12.55	-1.96	-11.18
Changes in Accounts Payable	7.47	11.84	-4.08	-8.94	16.98
Changes in Unearned Revenue	9.44	-0.18	-5.25	-11.32	19.41
Changes in Other Operating Activities	-0.19	-2.69	-0.34	19.09	-24.94
Operating Cash Flow	53.73	65.69	53.79	134.8	61.75
Operating Cash Flow Growth	-18.21%	22.13%	-60.10%	118.32%	196.35%
Capital Expenditures	-6.49	-69.43	-27.26	-36.39	-196.65
Sale of Property, Plant & Equipment	17.2	-	17.27	8.4	-
Payments for Business Acquisitions	-2.7	-	-7.2	-	-
Other Investing Activities	3.4	1.74	1.21	-0.52	-1.14
Investing Cash Flow	11.41	-67.69	-15.98	-28.51	-197.79
Long-Term Debt Issued	0.71	64.15	-	8.5	79.15
Long-Term Debt Repaid	-16.59	-33.08	-15.78	-15.44	-61.96
Net Long-Term Debt Issued (Repaid)	-15.89	31.07	-15.78	-6.94	17.19
Repurchase of Common Stock	-3	-	-	-	-
Net Common Stock Issued (Repurchased)	-3	-	-	-	-
Common Dividends Paid	-16.3	-18.71	-18.1	-13.41	-5.54
Other Financing Activities	-13.43	-22.59	-33.27	-13.76	132.2
Financing Cash Flow	-48.62	-10.23	-67.15	-34.12	143.86
Net Cash Flow	16.52	-12.23	-29.35	72.18	7.81
Free Cash Flow	47.24	-3.74	26.52	98.41	-134.91
Free Cash Flow Growth	-	-	-73.05%	-	-
FCF Margin	7.47%	-0.70%	5.31%	14.06%	-18.79%
Free Cash Flow Per Share	0.73	-0.08	0.58	2.18	-3.01
Levered Free Cash Flow	60.65	18.85	16.22	62.51	-88.99
Unlevered Free Cash Flow	98.11	7.33	50.3	95.47	-94.54

Updated Mar 10, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q