S&W Seed Company (SANW) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | -4.27M | 4.57M | -650.25K | -55.2K | -7.02M | 642.15K | 794.68K | -3.15M | -7.43M | -1.08M | -7.32M | -366.72K | -9.94M | -2.58M | -5.48M | -4.37M | -1.96M | -4.42M | -3.47M | -1.04M |
| Operating CF Margin % | -44.72% | 90.1% | -7.83% | -0.37% | -74.92% | 7.77% | 7.39% | -13.66% | -42.06% | -8.34% | -36.85% | -1.83% | -42.87% | -20.44% | -35.31% | -19.2% | -6.06% | -29.33% | -25.06% | -4% |
| Operating CF Growth % | 39.13% | 612.38% | -181.83% | 98.25% | 5.52% | 159.48% | 110.86% | -758.9% | 25.27% | 58.17% | -33.47% | 91.61% | -406.58% | 41.53% | -57.96% | -322.16% | -58% | 21.58% | -261.94% | -102.58% |
| Net Income | -2.24M | -11.66M | -6.24M | -12.13M | -5.5M | -6.47M | -5.96M | -7.17M | 32.11M | -5.99M | -4.52M | -12.86M | -7.26M | -9.78M | -6.41M | -1.68M | -1.85M | -8.4M | -7.19M | -4.78M |
| Depreciation & Amortization | 578.05K | 696.35K | 814.45K | 1.07M | 1.08M | 1.08M | 1.07M | 1.07M | 1.11M | 1.25M | 1.34M | 1.38M | 1.38M | 1.37M | 1.33M | 1.34M | 1.34M | 1.41M | 1.38M | 1.42M |
| Stock-Based Compensation | 221.44K | 276.1K | 243.91K | 253.71K | 284.08K | 283.33K | 411.82K | 549.52K | 620.89K | 305.89K | 456.11K | 445.37K | 413.29K | 1.01M | 394.31K | 462.91K | 421.81K | 561.22K | 320.41K | 373.76K |
| Deferred Taxes | 0 | 0 | 0 | 1.31M | -108.38K | -725.79K | 13.73K | 108.97K | -655.7K | -259.75K | 0 | 78.95K | 0 | 545.2K | 621.87K | -217.77K | -810.73K | -553.32K | 935.32K | 392.45K |
| Other Non-Cash Items | 933.54K | 19.69M | 90.61K | 6.06M | 1.22M | 2.59M | 1.5M | 4.54M | -39.44M | -463.71K | 283.64K | 5.62M | 1.03M | -245.18K | 129.94K | -3.58M | -549.67K | 588.22K | 214.96K | -141.03K |
| Working Capital Changes | -3.77M | -4.44M | 4.44M | 3.39M | -3.99M | 3.89M | 3.76M | -2.25M | -1.17M | 4.07M | -4.47M | 4.97M | -5.5M | 4.51M | -1.55M | -702.42K | -511.4K | 1.97M | 865.12K | 1.7M |
| Change in Receivables | -3.04M | 7.97M | -1.95M | 1.89M | -2.88M | 8.04M | -3.71M | -5.49M | 3.62M | 5.03M | -9M | 3.85M | -6.79M | 5.76M | -3.25M | 4.44M | -10.82M | 7.84M | -957.49K | 1.56M |
| Change in Inventory | 4.16M | -3.58K | 298.13K | 5.27M | 1.17M | -3M | 1.7M | 8.72M | -3.52M | -2.57M | 3.12M | 10.95M | -4.51M | -4.7M | -1.04M | 2.06M | 5.53M | -3.84M | -3.1M | 7.52M |
| Change in Payables | -488.62K | 79.85K | 6.14M | 1.17K | -1.28M | -2.6M | 3.99M | -4.02M | 2.25M | -2.06M | 1.67M | -7.89M | 7.74M | -818.72K | 1.95M | -6.3M | 8.56M | 958.44K | 4.05M | -7.56M |
| Cash from Investing | -12.89K | -43.41K | -87.26K | 80.72K | 6.8M | -857.86K | -146.78K | 11.14K | 6.11M | 2.4M | -147.72K | -340.25K | 637.07K | -753.61K | -452.65K | 374.23K | 1.81M | 401.99K | -119.53K | -179.74K |
| Capital Expenditures | -12.89K | -57.01K | -138.04K | -326.11K | -139.93K | -837.62K | -239.43K | 69.03K | -770.75K | -3.62K | -151.38K | -460.99K | -410.18K | -756.41K | -470.96K | -307.35K | -425.55K | -225.46K | -121.53K | -211.33K |
| CapEx % of Revenue | 0.14% | 1.12% | 1.66% | 2.2% | 1.49% | 10.14% | 2.23% | 0.3% | 4.36% | 0.03% | 0.76% | 2.3% | 1.77% | 5.99% | 3.03% | 1.35% | 1.31% | 1.5% | 0.88% | 0.82% |
| Acquisitions | 0 | 0 | 0 | 297.31K | 6M | 68.3K | 92.66K | -7M | 7M | 0 | 0 | 120.74K | 58.75K | 2.8K | 18.31K | 681.58K | 2.23M | 0 | 0 | 25.03K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 13.6K | 50.78K | 0 | 941.3K | -88.54K | 0 | 6.94M | -117.27K | 2.03M | 3.66K | 120.74K | 1.05M | 2.8K | 18.31K | 681.58K | 2.23M | 627.45K | 2K | 6.55K |
| Cash from Financing | 3.25M | -3.62M | 931.25K | 96.6K | -693.29K | 350.26K | -3.1M | 5.38M | 1.12M | -974.82K | 6.42M | -760.84K | 9.2M | 3.87M | 4.83M | 4.23M | 836.23K | 3.13M | 2.7M | -3.3M |
| Debt Issued (Net) | 3.28M | -2.32M | -426K | 242.59K | -918.03K | 471.46K | -2.79M | 5.56M | 943.62K | -739.43K | 6.56M | -1.34M | -1.46M | -923.89K | 4.97M | -754.07K | -2.88M | 1.81M | 2.77M | -3.31M |
| Equity Issued (Net) | -5.62K | -30K | -2.42K | -3.21K | -2.62K | -12.58K | -15.18K | -21.98K | 152.75K | -4.74K | 0 | 1.12M | 5.74M | 4.92M | 2.48K | 5.1M | 3.74M | 1.39M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -114.06K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -5.62K | -30K | -2.42K | 165.81K | -2.62K | -12.58K | -153.23K | 0 | 0 | -4.74K | -8.21K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17.27K | -44.65K |
| Other Financing | -27.59K | -1.28M | 1.36M | -142.79K | 227.36K | -108.62K | -293.53K | -153.41K | 22.18K | -230.65K | -137.09K | -536.7K | 4.92M | -126.4K | -143.98K | -113.42K | -29.65K | -68.19K | -72.22K | 18.42K |
| Net Change in Cash | -1.04M | 912.84K | 193.85K | 123K | -943.36K | 126.95K | -2.41M | 1.83M | 241.29K | 103.77K | -832.11K | -1.09M | 419.85K | 827.34K | -1.63M | 163.43K | 438.43K | -603.91K | -593.1K | -4.34M |
| Free Cash Flow | -4.29M | 5.95M | -788.3K | -381.31K | -7.16M | -195.47K | 555.24K | -3.08M | -8.2M | -1.08M | -7.47M | -827.71K | -10.35M | -3.34M | -5.96M | -4.68M | -2.39M | -4.64M | -3.59M | -1.25M |
| FCF Margin % | -44.86% | 117.25% | -9.49% | -2.57% | -76.42% | -2.37% | 5.16% | -13.36% | -46.42% | -8.37% | -37.61% | -4.14% | -44.64% | -26.42% | -38.34% | -20.55% | -7.38% | -30.83% | -25.94% | -4.82% |
| FCF Growth % | 40.14% | 3145.11% | -241.97% | 87.62% | 12.69% | 81.96% | 107.43% | -272.2% | 20.78% | 67.54% | -25.45% | 82.31% | -333.48% | 28.07% | -65.73% | -275.26% | -53.53% | 25.89% | -370.64% | -103.1% |
| FCF per Share | -2.00 | 2.60 | -0.35 | -0.17 | -3.31 | -0.09 | 0.26 | -1.43 | -3.80 | -0.51 | -3.51 | -0.40 | -5.24 | -1.74 | -3.24 | -2.57 | -1.37 | -2.77 | -2.15 | -0.75 |
| FCF Conversion (FCF/Net Income) | 1.91x | -2.75x | 0.04x | 0.00x | 1.28x | -0.10x | -0.13x | 0.44x | -0.23x | 0.18x | 1.62x | 0.03x | 1.37x | 0.26x | 0.86x | 2.60x | 1.06x | 0.52x | 0.48x | 0.22x |
| Interest Paid | 0 | 0 | 831K | 5.49M | 0 | 0 | 1.36M | 0 | 0 | 0 | 0 | 2.36M | 783.78K | 0 | 702.48K | 83.74K | 831.92K | 560.29K | 768.53K | 610.99K |
| Taxes Paid | 0 | 0 | 25 | 7.62K | 0 | 0 | 22.23K | 0 | 0 | 0 | 0 | -1.59K | 227.15K | 0 | 50.94K | 122.44K | 138.36K | 50.24K | 55.46K | 195.4K |