Natural Alternatives International, Inc. (NAII) 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 | 2.5M | -6.33M | -4.02M | 3.35M | 5.99M | 37K | -3.44M | -2.72M | -3.62M | 348K | 4.5M | 7.49M | -4.21M | 8.29M | -4.56M | 8.74M | 3.68M | 3.22M | -3.78M | 4.81M |
| Operating CF Margin % | 7.09% | -18.35% | -10.78% | 9.88% | 20.83% | 0.11% | -10.39% | -9.21% | -14.42% | 1.38% | 13.24% | 20.86% | -12.86% | 19.61% | -10.57% | 16.65% | 8.68% | 8.53% | -9.85% | 10.83% |
| Operating CF Growth % | -58.23% | -17208.11% | -16.85% | 223.11% | 265.37% | -89.37% | -176.58% | -136.28% | 13.82% | -95.8% | 198.6% | -14.35% | -214.3% | 157.69% | -20.76% | 81.9% | -67.49% | -29.61% | -3532.73% | 426.34% |
| Net Income | -4.31M | 4.37M | -291K | -7.22M | -2.19M | -2.19M | -1.98M | -1.87M | -1.58M | -3.07M | -695K | 2.04M | -2.38M | 1.81M | 1.05M | 3.1M | 2.5M | 1.85M | 3.26M | 2.96M |
| Depreciation & Amortization | 1.2M | 1.17M | 1.17M | 1.16M | 1.14M | 1.13M | 1.13M | 1.21M | 1.1M | 1.19M | 1.15M | 1.09M | 1.01M | 1.08M | 956K | 847K | 1.16M | 1.06M | 1.09M | 1.03M |
| Stock-Based Compensation | 0 | 176K | 177K | 179K | 245K | 277K | 276K | 278K | 315K | 305K | 302K | 0 | 258K | 232K | 235K | 235K | 266K | 245K | 222K | 398K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | -974K | 0 | 0 | 0 | 751K | 0 | 0 | 0 | 255K |
| Other Non-Cash Items | 1.36M | -5.52M | 1.32M | 7.72M | 1.05M | 1.15M | 2.47M | -741K | 345K | 2.55M | 1.07M | -1.12M | -2.97M | -2.09M | 455K | 379K | 576K | 953K | 795K | 3.4M |
| Working Capital Changes | 4.25M | -6.53M | -6.39M | 1.5M | 5.74M | -335K | -5.33M | -1.59M | -3.8M | -627K | 2.67M | 6.45M | -127K | 7.25M | -7.26M | 3.43M | -830K | -889K | -9.14M | -3.24M |
| Change in Receivables | -2.83M | 1.15M | -4.27M | -2.99M | 5.38M | 596K | -732K | -5.67M | -764K | -705K | -2.73M | 1.99M | 2.63M | 4.57M | 2.63M | -613K | -1.51M | 5.13M | -2.37M | -1.04M |
| Change in Inventory | 3.5M | -2.78M | -5.78M | 2.12M | -3.96M | 2.89M | -1.68M | -3.18M | -1.48M | 3.71M | 6.39M | 9.62M | -3.27M | 3.95M | -7.51M | 4.33M | -4.97M | -119K | -4.7M | 2.08M |
| Change in Payables | 1.78M | -4.07M | 4.93M | 1.84M | 4.56M | 0 | 0 | 6.11M | -413K | 0 | 0 | -2.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -1.1M | -934K | -1.03M | -1.46M | -802K | -1.06M | -301K | -1.03M | -276K | -429K | -1.28M | -276K | -1.59M | -3.83M | -7.77M | -5.02M | -1.82M | -1.3M | -18.32M | -791K |
| Capital Expenditures | -1.1M | -934K | -1.03M | -1.46M | -802K | -1.06M | -301K | -1.03M | -276K | -429K | -1.28M | -285K | -1.6M | -3.87M | -7.77M | -5.02M | -1.82M | -1.3M | -18.34M | -856K |
| CapEx % of Revenue | 3.12% | 2.71% | 2.76% | 4.3% | 2.79% | 3.1% | 0.91% | 3.51% | 1.1% | 1.7% | 3.76% | 0.79% | 4.89% | 9.16% | 18.01% | 9.56% | 4.3% | 3.45% | 47.85% | 1.93% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6K | 42K | 0 | 0 | 5K | 0 | 25K | 65K |
| Cash from Financing | 4.04M | 3.27M | 472K | -176K | -3.24M | -474K | 1.92M | 3.33M | -288K | -73K | -73K | -9.17M | 8.59M | -4.03M | 2.83M | -466K | -2.64M | -2.6M | 9.99M | 28K |
| Debt Issued (Net) | 4.12M | 3.27M | 477K | -174K | -3.08M | -474K | 1.93M | 3.33M | -71K | -73K | -73K | -9.17M | -71K | -70K | 3.33M | -68K | -69K | -68K | 10M | 0 |
| Equity Issued (Net) | -82K | 0 | -5K | -2K | -168K | 0 | -8K | -4K | -217K | 0 | 0 | 0 | -444K | -562K | -497K | -398K | -2.57M | -2.53M | -10K | 28K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -82K | 0 | -5K | -2K | -168K | 0 | -8K | -4K | -217K | 0 | 0 | 0 | -444K | -562K | -497K | -398K | -2.57M | -2.53M | -10K | -7K |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.1M | -3.4M | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 5.44M | -3.99M | -4.58M | 1.71M | 1.95M | -1.49M | -1.82M | -426K | -4.19M | -154K | 3.15M | -1.96M | 2.79M | 432K | -9.49M | 3.26M | -777K | -676K | -12.11M | 4.04M |
| Free Cash Flow | 1.4M | -7.26M | -5.05M | 1.89M | 5.19M | -1.02M | -3.74M | -3.75M | -3.9M | -81K | 3.22M | 7.2M | -5.8M | 4.42M | -12.33M | 3.72M | 1.85M | 1.92M | -22.12M | 3.95M |
| FCF Margin % | 3.98% | -21.05% | -13.54% | 5.58% | 18.05% | -2.99% | -11.29% | -12.72% | -15.52% | -0.32% | 9.47% | 20.07% | -17.75% | 10.46% | -28.58% | 7.09% | 4.38% | 5.09% | -57.69% | 8.9% |
| FCF Growth % | -72.97% | -612.86% | -34.96% | 150.39% | 233.1% | -1158.02% | -216.35% | -152.07% | 32.8% | -101.83% | 126.11% | 93.45% | -412.88% | 130.43% | 44.27% | -5.75% | -81.63% | -36.41% | -1515.78% | 253.02% |
| FCF per Share | 0.23 | -1.21 | -0.84 | 0.31 | 0.87 | -0.17 | -0.63 | -0.63 | -0.66 | -0.01 | 0.55 | 1.23 | -1.00 | 0.75 | -2.07 | 0.61 | 0.31 | 0.31 | -3.48 | 0.63 |
| FCF Conversion (FCF/Net Income) | -0.58x | 2.48x | 13.82x | -0.46x | -2.74x | -0.02x | 1.74x | 1.45x | 2.30x | -0.11x | -6.47x | 3.68x | 1.77x | 4.58x | -4.33x | 2.82x | 1.47x | 1.74x | -1.16x | 1.62x |
| Interest Paid | 0 | 0 | 146K | 187K | 217K | 255K | 155K | 101K | 70K | 64K | 50K | 0 | 376K | 56K | 75K | 33K | 79K | 81K | 13K | 8K |
| Taxes Paid | 0 | 0 | 412K | -39K | 8K | 354K | 0 | 180K | 9K | 23K | 251K | 0 | 0 | 0 | 827K | 439K | 1.22M | 650K | 303K | 1.41M |