The Arena Group Holdings, Inc. (AREN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.96M | 13.12M | 12.16M | 10.31M | 3.66M | -8.57M | -2.35M | -3.2M | -1.97M | -2.79M | -5.87M | -14.73M | -1.67M | 4.94M | -7.21M | 5.85M | -13.31M | -6.47M | 1.67M | -8.42M |
| Operating CF Margin % | 9.61% | 46.44% | 40.86% | 22.9% | 11.51% | -23.65% | -6.99% | -11.76% | -6.79% | -6.32% | -9.25% | -43.23% | -5.88% | 8.01% | -12.59% | 10.88% | -27.59% | -10.57% | 2.8% | -24.24% |
| Operating CF Growth % | -46.45% | 253.05% | 618.37% | 422.53% | 286.36% | -207.24% | 60% | 78.3% | -17.52% | -156.46% | 18.67% | -351.93% | 87.44% | 176.38% | -531.54% | 169.41% | -780.94% | 46.19% | 158.58% | -15.89% |
| Net Income | -2.66M | 5.33M | 6.87M | 108.64M | 4.02M | 6.88M | 4.78M | -8.19M | -103.36M | -2.39M | -11.17M | -19.48M | -19.38M | -11.56M | -16.5M | -21.52M | -18.45M | -19.11M | -24.71M | -20.66M |
| Depreciation & Amortization | 1.94M | 2.41M | 2.32M | 1.99M | 2.17M | 2.36M | 2.38M | 2.48M | 4.94M | 5.38M | 6.92M | 7.06M | 7.13M | 6.89M | 6.89M | 6.82M | 6.51M | 6.63M | 6.3M | 6.12M |
| Stock-Based Compensation | 0 | 71K | 81K | 151K | 182K | 295K | 0 | 499K | 1.45M | 0 | 4.36M | 6.19M | 6.43M | 0 | 8.31M | 0 | 7.37M | 8.81M | 8.47M | 8.12M |
| Deferred Taxes | -142K | -139K | 1K | 38K | 31K | 110K | 31K | 0 | 31K | 25K | 36K | 66K | 7K | 35K | 547K | -1.8M | 14K | -1.44M | -230K | 0 |
| Other Non-Cash Items | 234K | 822K | 111K | 327K | 106K | -6.59M | 3.11M | -2.95M | 45.02M | 4.22M | 1.06M | 1.42M | 1.71M | 7.47M | 1.08M | 9.26M | 1.27M | 4.47M | 10.15M | -3.15M |
| Working Capital Changes | 2.58M | 4.62M | 2.78M | -100.84M | -2.84M | -11.62M | -12.64M | 4.96M | 49.95M | -10.02M | -7.07M | -9.98M | 2.42M | 2.1M | -7.54M | 13.09M | -10.03M | -5.81M | 1.68M | 1.14M |
| Change in Receivables | 4.09M | 3.54M | 13.88M | -8.73M | -446K | -6.57M | -3.41M | 8.43M | 12.03M | -7.39M | -6.43M | -8.09M | 10.3M | -653K | -1.63M | -1.68M | 1.59M | -2.72M | -4.55M | 1.46M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.39M | -324K | -1.37M | -1.93M | -1.33M | 441K | -526K | 0 | -102K | -944K | -2.46M | -1.85M | 2.6M | 1.12M | -7.99M | 5.25M | -4.91M | 2.54M | 1.21M | -1.92M |
| Cash from Investing | -1.07M | -2.3M | -3.75M | -1.93M | -1.62M | -2.36M | -1.31M | -799K | -713K | 255K | -835K | -944K | -1.69M | -26.27M | -2.12M | -8.54M | -1.65M | -2.47M | -1.46M | -8.24M |
| Capital Expenditures | -1.07M | -2.3M | -3.75M | -1.93M | -1.62M | -2.36M | -1.31M | -27K | -713K | -806K | -835K | -944K | -1.19M | -1.27M | -65K | -1.51M | -71K | -76.64K | -118K | -84K |
| CapEx % of Revenue | 5.24% | 8.14% | 12.59% | 4.28% | 5.09% | 6.5% | 3.9% | 0.1% | 2.46% | 1.83% | 1.32% | 2.77% | 4.18% | 2.07% | 0.11% | 2.81% | 0.15% | 0.13% | 0.2% | 0.24% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.06M | 0 | 0 | -500K | -25M | 1.6M | -9.48M | 0 | -593.51K | -300K | -7.06M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -772K | 0 | 0 | 0 | 0 | 0 | 0 | -3.66M | 0 | -1.58M | -1.8M | -1.05M | -1.1M |
| Cash from Financing | 0 | -13M | -2.66M | -4.51M | -3.5M | 9.51M | 3.34M | 6.08M | -2.6M | 4.53M | 8M | 5.2M | 5.45M | 21.9M | 7.8M | -4.95M | 28.09M | 10.06M | 1.3M | 18.86M |
| Debt Issued (Net) | 0 | -13M | -2.65M | -4.5M | -3.5M | 9.55M | 3.35M | 0 | -11.86M | 4.6M | 8.1M | 5.35M | -4.53M | 26.57M | 10.67M | -2.92M | -2.7M | 10.37M | 1.78M | -497K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7K | 12M | 0 | 0 | 1.42M | 10.08M | -1.57M | -3.43M | -1.01M | 31.5M | 0 | 0 | 20M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7K | 0 | 0 | 0 | 0 | -1.42M | 0 | 0 | 0 | -556K | 0 | 0 | 0 |
| Other Financing | 0 | -1K | -12K | -12K | -4K | -37K | -11K | 6.08M | -2.74M | -75K | -100K | -1.57M | -94K | -3.1M | 556K | -1.01M | -710K | -306.64K | -478K | -644K |
| Net Change in Cash | 892K | -2.19M | 5.75M | 3.87M | -1.46M | -1.41M | -312K | 2.08M | -5.28M | 1.99M | 1.3M | -10.47M | 2.09M | 568K | -1.54M | -7.64M | 13.13M | 1.12M | 1.5M | 2.2M |
| Free Cash Flow | 1.19M | 10.82M | 8.41M | 8.38M | 2.04M | -10.93M | -3.65M | -3.22M | -2.68M | -3.6M | -6.7M | -15.67M | -2.86M | 3.67M | -8.48M | 4.34M | -14.96M | -8.35M | 507K | -9.61M |
| FCF Margin % | 5.84% | 38.3% | 28.28% | 18.62% | 6.42% | -30.16% | -10.89% | -11.86% | -9.25% | -8.14% | -10.56% | -46% | -10.06% | 5.94% | -14.81% | 8.07% | -31.02% | -13.64% | 0.85% | -27.66% |
| FCF Growth % | -41.68% | 199% | 330.36% | 360.04% | 176.33% | -203.89% | 45.48% | 79.43% | 6.36% | -198.09% | 21.01% | -461.44% | 80.89% | 143.91% | -1772.98% | 145.12% | -504.12% | 35.86% | 113.71% | -10.7% |
| FCF per Share | 0.03 | 0.23 | 0.18 | 0.18 | 0.04 | -0.23 | -0.10 | -0.11 | -0.10 | -0.15 | -0.29 | -0.71 | -0.15 | 0.20 | -0.46 | 0.24 | -0.97 | -0.69 | 0.04 | -0.87 |
| FCF Conversion (FCF/Net Income) | -0.74x | 2.46x | 1.77x | 0.09x | 0.91x | -1.25x | -0.59x | 0.39x | 0.02x | 0.50x | 0.53x | 0.76x | 0.09x | -0.36x | 0.44x | -0.26x | 0.72x | 0.34x | -0.07x | 0.41x |
| Interest Paid | 0 | 2.83M | 2.84M | 2.91M | 2.97M | 15.14M | 0 | 1.07M | 964K | 0 | 3.69M | 3.89M | 3.25M | 0 | 2.89M | 0 | 2.16M | 496.32K | 613K | 29K |
| Taxes Paid | 0 | 345K | 517K | 0 | 0 | 0 | 0 | 0 | 85K | 0 | 0 | 85K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |