Southland Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-94.28	-105.37	-19.25	60.54	38.72	33.67
Depreciation & Amortization	23.9	23.3	30.53	45.7	47.47	39.37
Loss (Gain) From Sale of Assets	-2.9	-3.44	-1.33	-3.38	-5.17	-2.56
Loss (Gain) From Sale of Investments	0.08	-3.14	-2.48	-2.62	-3.41	-2.91
Loss (Gain) on Equity Investments	-10.17	0.42	-7.74	-9.3	-7.24	-0.7
Stock-Based Compensation	1.2	2.05	0.89	-	-	-
Other Operating Activities	41.38	-46.18	-31.6	-5.2	11.51	-3.32
Change in Accounts Receivable	-27.55	80.64	-91.89	-157.11	-9.53	-42.78
Change in Accounts Payable	47.18	-3.65	46.61	-13.55	26.48	-0.75
Change in Unearned Revenue	24.81	56.43	61.78	20.05	-188.65	-59.95
Change in Other Net Operating Assets	-8.45	0.89	4.22	-1.34	-0.75	-10.24
Operating Cash Flow	-3.42	1.93	-10.26	-66.2	-90.57	-50.17
Capital Expenditures	-4.65	-7.42	-10.85	-4.77	-18.8	-31
Sale of Property, Plant & Equipment	8.32	6.51	8.81	10.06	11.25	7.23
Cash Acquisitions	-	-	-	-	-	-5.04
Investment in Securities	0.26	4.13	6.52	-0.07	-1.2	-7.28
Other Investing Activities	0.09	-	-	0.34	0.25	231.89
Investing Cash Flow	4.02	3.23	4.49	5.56	-8.5	195.82
Long-Term Debt Issued	-	215.63	123.27	75.28	273.17	91.37
Long-Term Debt Repaid	-	-190.26	-141.56	-51.09	-240.3	-132.31
Net Debt Issued (Repaid)	-48.83	25.37	-18.29	24.19	32.87	-40.94
Repurchase of Common Stock	-0.12	-0.21	-	-	-	-
Preferred Dividends Paid	-	-	-	-	-	-0.19
Common Dividends Paid	-	-	-	-2.46	-2.62	-6.17
Dividends Paid	-	-	-	-2.46	-2.62	-6.36
Other Financing Activities	-0.96	-6.38	15.7	-1.6	0.36	-0.66
Financing Cash Flow	-49.92	18.78	-2.59	20.14	30.6	-47.95
Foreign Exchange Rate Adjustments	-0.08	-0.2	0.2	1.25	-0.69	0.97
Net Cash Flow	-49.4	23.74	-8.17	-39.25	-69.15	98.66
Free Cash Flow	-8.07	-5.49	-21.11	-70.97	-109.37	-81.17
Free Cash Flow Margin	-0.86%	-0.56%	-1.82%	-6.11%	-8.55%	-7.67%
Free Cash Flow Per Share	-0.15	-0.11	-0.45	-	-	-
Cash Interest Paid	35.94	28.05	18.28	9.04	7.52	8.58
Cash Income Tax Paid	1.22	1.56	7.59	10.39	14.09	1.85
Levered Free Cash Flow	20.6	49.51	13.05	-31.45	2.02	-
Unlevered Free Cash Flow	42.74	67.96	25.22	-25.89	6.56	-
Change in Working Capital	35.98	134.3	20.72	-151.95	-172.45	-113.72

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q