Value Line, Inc. (VALU) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Cash from Operations | 5.29M | 2.95M | 5.56M | 5.54M | 6.86M | 3.07M | 4.77M | 3.76M | 8.41M | 705K | 5.06M | 4.2M | 5.38M | 3.26M | 5.34M | 5.02M | 8.37M | 3.63M | 7.63M | 6.05M |
| Operating CF Margin % | 63.91% | 34.5% | 64.61% | 66.05% | 76.49% | 34.76% | 53.7% | 41.8% | 92.06% | 7.34% | 51.91% | 43.22% | 53.97% | 32.42% | 53.66% | 49.56% | 81.57% | 36.35% | 75.1% | 62.27% |
| Operating CF Growth % | -22.89% | -3.94% | 16.54% | 47.22% | -18.4% | 335.89% | -5.67% | -10.4% | 56.27% | -78.39% | -5.21% | -16.32% | -35.71% | -9.99% | -30.11% | -17.11% | 211.39% | 61.69% | 40.71% | -12.11% |
| Net Income | 5.91M | 5.68M | 6.46M | 3.95M | 5.16M | 5.68M | 5.89M | 4.78M | 5.88M | 3.49M | 4.86M | 4.03M | 5.25M | 4.33M | 4.46M | 3.81M | 5.61M | 8.5M | 5.9M | 7.08M |
| Depreciation & Amortization | 322K | 318K | 331K | 312K | 365K | 300K | 294K | 355K | 363K | 343K | 348K | 343K | 334K | 338K | 334K | 333K | 334K | 336K | 333K | 330K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 484K | 373K | 395K | -523K | 309K | 182K | 315K | 282K | 180K | -410K | 40K | -37K | 116K | 29K | -88K | 357K | -221K | -57K | -168K | 745K |
| Other Non-Cash Items | -1.46M | -931K | -2.07M | 942K | -615K | -3.34M | -1.48M | -1.26M | -2.21M | 1.56M | -1.08M | 295K | -1.07M | 481K | 410K | 2.14M | 129K | -2.9M | -380K | -3.85M |
| Working Capital Changes | 32K | -2.49M | 447K | 858K | 1.64M | 246K | -246K | -397K | 4.18M | -4.28M | 893K | -434K | 750K | -1.92M | 222K | -1.62M | 2.51M | -2.26M | 1.95M | 1.76M |
| Change in Receivables | 73K | 126K | 38K | 178K | -77K | -30K | 81K | -8K | 3.16M | -2.96M | 619K | -345K | -130K | -330K | 322K | 125K | -207K | -128K | 2.52M | 538K |
| 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 | 439K | -208K | -537K | 431K | 145K | 85K | -563K | 336K | 65K | -33K | -201K | 144K | -238K | 272K | -229K | 15K | 302K | -383K | -697K | 185K |
| Cash from Investing | 1.27M | 10.16M | -2.81M | 4.72M | 11.59M | -4.58M | 9.47M | -2.33M | -3.91M | -3.54M | -267K | -5.89M | -2.82M | -1.93M | -15.48M | -1.77M | -865K | -1.25M | 496K | -573K |
| Capital Expenditures | 0 | 0 | 0 | -20K | -109K | 4K | -4K | -1K | -14K | 0 | 0 | -7K | 0 | 0 | -23K | -11K | 0 | 0 | 0 | -7K |
| CapEx % of Revenue | - | - | - | 0.24% | 1.22% | 0.05% | 0.04% | 0.01% | 0.15% | - | - | 0.07% | - | - | 0.23% | 0.11% | - | - | - | 0.07% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 12.55M | 99.44M | 108.71M | 104.43M | 110.1M | 121.54M | 116.02M | 124.09M | 121.16M | 115.09M | 114M | 113.25M | 107.74M | 104.02M | 102.84M | 88.09M | 88.8M | 88.34M | 86.78M | 87.16M |
| Other Investing | -125K | -155K | -5.05M | 0 | -43K | -13.51M | 0 | -43K | -19K | 0 | 0 | -110K | -1.42M | 0 | -15.57M | -12.04M | 0 | 0 | 0 | -31K |
| Cash from Financing | -3.71M | -3.22M | -3.12M | -3M | -2.92M | -2.82M | -3.01M | -2.82M | -2.64M | -2.79M | -2.83M | -2.58M | -3.37M | -3.47M | -4.76M | -3.45M | -2.71M | -2.46M | -2.27M | -2.49M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -647K | -160K | -59K | -179K | -96K | 1K | -179K | -185K | 0 | -150K | -188K | -217K | -1M | -1.1M | -2.38M | -1.16M | -805K | -354K | -163K | -481K |
| Dividends Paid | -3.06M | -3.06M | -3.06M | -2.83M | -2.83M | -2.83M | -2.83M | -2.64M | -2.64M | -2.64M | -2.64M | -2.36M | -2.36M | -2.37M | -2.38M | -2.1M | -2.1M | -2.1M | -2.1M | -2.01M |
| Share Repurchases | 219K | -160K | -59K | -179K | -96K | 1K | -179K | -185K | 0 | -150K | -188K | -217K | -1M | -1.1M | -2.38M | -1.16M | -805K | -354K | -163K | -481K |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -190K | 190K | 0 | 0 | 0 |
| Net Change in Cash | 2.86M | 9.9M | -369K | 7.26M | 15.52M | -4.33M | 11.24M | -1.39M | 1.86M | -5.63M | 1.96M | -4.27M | -807K | -2.13M | -14.9M | -206K | 4.79M | -77K | 5.86M | 2.99M |
| Free Cash Flow | 5.29M | 2.95M | 5.56M | 5.54M | 6.71M | 3.08M | 4.77M | 3.72M | 8.37M | 705K | 5.06M | 4.08M | 5.38M | 3.26M | 5.31M | 5.01M | 8.37M | 3.63M | 7.63M | 6.02M |
| FCF Margin % | 63.91% | 34.5% | 64.61% | 66.01% | 74.8% | 34.8% | 53.66% | 41.31% | 91.7% | 7.34% | 51.91% | 42.01% | 53.97% | 32.42% | 53.43% | 49.45% | 81.57% | 36.35% | 75.1% | 61.88% |
| FCF Growth % | -21.14% | -4.06% | 16.64% | 48.86% | -19.9% | 336.45% | -5.75% | -8.91% | 55.66% | -78.39% | -4.8% | -18.47% | -35.71% | -9.99% | -30.41% | -16.77% | 215.74% | 62.7% | 43.06% | -12.66% |
| FCF per Share | 0.56 | 0.31 | 0.59 | 0.59 | 0.71 | 0.33 | 0.51 | 0.39 | 0.89 | 0.07 | 0.54 | 0.43 | 0.57 | 0.34 | 0.56 | 0.52 | 0.88 | 0.38 | 0.80 | 0.63 |
| FCF Conversion (FCF/Net Income) | 0.89x | 0.52x | 0.86x | 1.40x | 1.33x | 0.54x | 0.81x | 0.79x | 1.43x | 0.20x | 1.04x | 1.04x | 1.02x | 0.75x | 1.20x | 1.32x | 1.49x | 0.43x | 1.29x | 0.86x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 122K | -91K | 0 | 0 | 91K | 0 | 0 | 0 | 164K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |