Pangaea Logistics Solutions, Ltd.
PANL · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $31,769 | $28,538 | $85,508 | $67,227 |
| Dep. & Amort. | $30,376 | $30,070 | $29,490 | $24,011 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $2,788 | $2,088 | $1,768 | $2,103 |
| Change in WC | $1,623 | -$11,203 | $11,996 | -$62,783 |
| Other Non-Cash | -$865 | $4,294 | $6,040 | $31,189 |
| Operating Cash Flow | $65,691 | $53,787 | $134,801 | $61,745 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$69,432 | -$27,264 | -$36,394 | -$196,654 |
| Net Acquisitions | -$172 | -$7,627 | -$515 | $0 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | $1,910 | $18,909 | $8,400 | -$1,139 |
| Investing Cash Flow | -$67,694 | -$15,982 | -$28,509 | -$197,792 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $33,897 | -$36,021 | -$7,777 | $148,437 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | $0 | $0 | $0 | -$150 |
| Dividends Paid | -$18,710 | -$18,104 | -$13,415 | -$5,535 |
| Other Fin. Act. | -$25,417 | -$13,027 | -$12,924 | $1,107 |
| Financing Cash Flow | -$10,230 | -$67,152 | -$34,117 | $143,859 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$12,232 | -$29,347 | $72,176 | $7,812 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $99,038 | $128,385 | $56,209 | $48,397 |
| End Cash | $86,805 | $99,038 | $128,385 | $56,209 |
| Free Cash Flow | -$3,741 | $26,523 | $98,407 | -$134,908 |