Top Ships 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	Jun '25 Jun 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	-	5.03	6.07	18.95	8.62	-22.82
Depreciation & Amortization	-	13.34	14.35	13.29	7.68	13.21
Stock-Based Compensation	-	-	-	-0.02	-0.03	-0.03
Other Adjustments	-	12.65	13.98	11	10.65	19.32
Change in Receivables	-	-3.2	-0.31	0.07	-0.08	0.64
Changes in Inventories	-	-0.07	0.11	-0.36	-0.16	0.33
Changes in Accounts Payable	-	0.56	-0.5	-0.08	-0.12	-2.08
Changes in Accrued Expenses	-	0.82	0.19	1.07	-0.21	-2.8
Changes in Unearned Revenue	-	0.14	-0.42	3.37	1.58	-1.26
Changes in Other Operating Activities	-	-11.96	-4.53	-13.88	-11.88	1.53
Operating Cash Flow	29.83	17.32	28.93	33.42	16.06	6.04
Operating Cash Flow Growth	31.87%	-40.13%	-13.42%	108.08%	165.91%	-68.53%
Capital Expenditures	-3.48	-	-	-216.71	-115.51	-120.86
Sale of Property, Plant & Equipment	-	-	-	71.71	35.89	310.02
Other Investing Activities	-12.34	-12.4	2.52	2.34	2.98	-7.86
Investing Cash Flow	-15.82	-12.4	2.52	-142.66	-76.65	181.29
Short-Term Debt Issued	-	28	-	-	-	-
Short-Term Debt Repaid	-	28	-	-	-	-
Net Short-Term Debt Issued (Repaid)	-	56	-	-	-	-
Long-Term Debt Issued	-	153	82	165.2	74.8	60.2
Long-Term Debt Repaid	7.9	133.99	76.38	77.89	28.31	269.62
Net Long-Term Debt Issued (Repaid)	7.9	286.99	158.38	243.09	103.11	329.82
Issuance of Common Stock	-	-	13.57	27.27	-	129.66
Repurchase of Common Stock	-	-	-	0.02	-	-
Net Common Stock Issued (Repurchased)	-	-	13.57	27.29	-	129.66
Issuance of Preferred Stock	-	-	-	47.63	-	-
Repurchase of Preferred Stock	-	43.92	26.29	16.19	-	24.57
Net Preferred Stock Issued (Repurchased)	-	43.92	26.29	63.82	-	24.57
Preferred Share Dividends Paid	-	-	-6.01	-13.36	-1.78	-
Other Financing Activities	-9.2	-8.34	-2.93	-5.24	-1.08	-72.95
Financing Cash Flow	-24.51	-33.25	-16.04	127.41	43.63	-177.28
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.33	-	-	-	-	-
Net Cash Flow	-10.83	-28.33	15.41	18.17	-16.96	10.06
Free Cash Flow	26.35	17.32	28.93	-183.3	-99.45	-114.82
Free Cash Flow Growth	52.14%	-40.13%	-	-	-	-
FCF Margin	29.99%	20.11%	34.88%	-227.26%	-176.44%	-190.66%
Free Cash Flow Per Share	5.70	3.74	16.08	-725.02	-599.23	-1171.74
Levered Free Cash Flow	11.99	350.86	145.21	20.61	-10.1	189.11
Unlevered Free Cash Flow	28.38	30.73	37.93	-180.68	-103.81	-113.73

Updated Oct 7, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q