CKX Lands, Inc. (CKX) Cash Flow Statement
Where CKX’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $459,630 +124.5% vs 2024
- Capital expenditures
- $0 0.0% of revenue
- Free cash flow
- $459,630 54.8% margin
- Returned to shareholders
- $147,614 32% of free cash flow
- Change in cash
- $14.6M cash at year-end $18.0M
Cash from operations
$459,630
Investments (net)
+$5.9M
Acquisitions & other
+$8.4M
Share buybacks (net)
−$147,614
Change in cash
$14.6M
Drawn to scale: where the cash came from and how it was used. Hover for values.
CKX operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
CKX cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $280,8072016 | $459,6302025 | +5.6%/yr | |
| Capital expenditures | $2.4M2016 | $02025 | −100.0% | |
| Free cash flow | −$2.1M2016 | $459,6302025 | — | |
| Free cash flow margin | −246.3%2016 | 54.8%2025 | +301.1 pts | |
| Operating cash flow / net income | 1.652016 | 0.152025 | −1.49 | |
| Stock-based compensation | $02021 | $02025 | — | |
| Dividends paid | $02016 | $02019 | — | |
| Share buybacks (net) | $02016 | $147,6142025 | — | |
| Capex / revenue | 278.8%2016 | 0.0%2025 | −278.8 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CKX cash flow by activity
OperatingInvestingFinancingChange in cash
CKX net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
CKX cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $3.0M | $250,224 | $142,961 | −$1.3M | $819,349 | $339,383 | $249,933 | $1.1M | $522,863 | $170,674 |
| Depreciation & amortization | $3,235 | $4,261 | $4,946 | $5,039 | $2,590 | $3,277 | $2,361 | $3,885 | $16,852 | $2,218 |
| Stock-based compensation | $0 | $223,626 | $841,839 | $2.3M | $0 | — | — | — | — | — |
| Change in working capital | $662,593 | −$285,182 | $66,270 | −$255,301 | −$59,877 | $150,075 | $23,533 | $4,271 | $10,504 | $101,763 |
| Other non-cash items | −$3.2M | $11,832 | −$179,063 | −$326,866 | −$1.0M | −$352,570 | −$81,116 | −$881,654 | −$145,966 | $6,152 |
| Cash from operating activities | $459,630 | $204,761 | $876,953 | $413,691 | −$263,673 | $140,165 | $194,711 | $241,562 | $404,253 | $280,807 |
| Investing activities | ||||||||||
| Capital expenditures | $0 | $0 | −$20,737 | −$29,296 | −$22,669 | −$9,321 | −$26,815 | −$55,438 | −$155,285 | −$2.4M |
| Investments (net) | $5.9M | −$4.1M | −$391,315 | −$498,765 | −$237 | $3.0M | $3.6M | $2.4M | $3.6M | $3.6M |
| Acquisitions & other investing | $8.4M | $0 | $20,737 | $29,296 | $1.2M | $9,321 | −$2.3M | −$2.2M | −$3.1M | −$3.1M |
| Cash from investing activities | $14.3M | −$4.1M | −$391,315 | −$498,765 | $1.2M | $3.0M | $1.2M | $199,869 | $361,213 | −$2.0M |
| Financing activities | ||||||||||
| Dividends paid | — | — | — | — | — | — | $0 | −$233,099 | −$194,250 | $0 |
| Share repurchases & issuance (net) | −$147,614 | −$208,854 | −$87,156 | −$176,592 | $0 | — | — | — | $0 | $0 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | $0 | $0 | $0 | — | $0 | $0 | $0 | $6,507 |
| Cash from financing activities | −$147,614 | −$208,854 | −$87,156 | −$176,592 | $0 | — | $0 | −$233,099 | −$194,250 | $6,507 |
| Summary | ||||||||||
| Net change in cash | $14.6M | −$4.1M | $398,482 | −$261,666 | $946,618 | $3.2M | $1.4M | $208,332 | $571,216 | −$1.7M |
| Cash at end of period | $18.0M | $3.4M | $7.5M | $7.1M | $7.4M | $6.5M | $3.3M | $1.9M | $1.7M | $1.1M |
| Free cash flow | $459,630 | $204,761 | $856,216 | $384,395 | −$286,342 | $130,844 | $167,896 | $186,124 | $248,968 | −$2.1M |
| Free cash flow margin | 54.8% | 13.5% | 57.6% | 34.8% | −38.5% | 19.5% | 20.7% | 15.6% | 21.8% | −246.3% |
| Capex / revenue | 0.0% | 0.0% | 1.4% | 2.7% | 3.0% | 1.4% | 3.3% | 4.6% | 13.6% | 278.8% |
| Operating cash flow / net income | 0.15 | 0.82 | 6.13 | — | −0.32 | 0.41 | 0.78 | 0.22 | 0.77 | 1.65 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $122,235 | $55,244 | $2.6M | $166,304 | $161,042 | $115,573 | $32,159 | $54,116 | $565,278 | −$401,329 | $241,640 | $35,732 |
| Depreciation & amortization | $438 | $517 | $711 | $711 | $817 | $870 | $1,065 | $1,066 | $1,065 | $1,066 | $1,210 | $1,066 |
| Stock-based compensation | — | — | $0 | $0 | $0 | $0 | $0 | $12,616 | $105,505 | $105,505 | $105,505 | $105,505 |
| Change in working capital | $99,075 | −$99,075 | $618,266 | $191,416 | −$89,503 | −$57,586 | $68,966 | $43,038 | $15,003 | −$58,041 | $272,357 | −$6,434 |
| Other non-cash items | −$633,642 | −$9,017 | −$3.1M | −$116,161 | −$96,994 | $59,807 | −$4,835 | −$357,339 | $4,896 | $14,961 | $3,821 | $12,366 |
| Cash from operating activities | −$411,894 | −$52,331 | $123,334 | $242,270 | −$24,638 | $118,664 | $97,355 | −$246,503 | $691,747 | −$337,838 | $624,533 | $148,235 |
| Investing activities | ||||||||||||
| Capital expenditures | $0 | $0 | −$4 | $0 | $0 | $0 | $0 | −$3 | −$3 | $0 | −$20,737 | −$2 |
| Investments (net) | $3.0M | −$5.2M | $2.2M | $141,105 | $3.9M | $172,243 | $5,584 | −$4.3M | $140,582 | $34,485 | −$17,131 | −$1.5M |
| Acquisitions & other investing | $0 | $0 | $7.9M | $0 | $0 | $0 | $0 | $3 | $3 | $0 | $20,737 | $2 |
| Cash from investing activities | $3.0M | −$5.2M | $10.0M | $141,105 | $3.9M | $172,243 | $5,584 | −$4.3M | $140,582 | $34,485 | −$17,131 | −$1.5M |
| Financing activities | ||||||||||||
| Share repurchases & issuance (net) | — | — | −$147,610 | −$147,610 | −$147,614 | — | −$208,850 | −$208,850 | −$208,854 | — | −$87,156 | $0 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | — | — | $0 | $0 | $0 | — | $0 | $0 | $0 | — | $0 | $0 |
| Cash from financing activities | — | — | −$147,610 | −$147,610 | −$147,614 | — | −$208,850 | −$208,850 | −$208,854 | — | −$87,156 | $0 |
| Summary | ||||||||||||
| Net change in cash | $2.6M | −$5.3M | $10.2M | $383,375 | $3.8M | $290,907 | $102,939 | −$4.5M | $623,475 | −$303,353 | $520,246 | −$1.4M |
| Cash at end of period | $15.3M | $12.7M | $18.0M | $7.9M | $7.5M | $3.7M | $3.4M | $3.3M | $7.9M | $7.2M | $7.5M | $7.0M |
| Free cash flow | −$411,894 | −$52,331 | $123,334 | $242,270 | −$24,638 | $118,664 | $97,355 | −$246,506 | $691,750 | −$337,838 | $645,270 | $148,233 |
| Free cash flow margin | −244.7% | −30.7% | 101.3% | 104.1% | −18.1% | 34.1% | 53.9% | −143.9% | 67.3% | −238.2% | 93.5% | 57.2% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.0% | 0.0% |
| Operating cash flow / net income | −3.37 | −0.95 | 0.05 | 1.46 | −0.15 | 1.03 | 3.03 | −4.56 | 1.22 | — | 2.58 | 4.15 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
CKX cash generation
In fiscal 2025 (ended December 31, 2025), CKX Lands generated $0.5 million of cash from operations (up 124.5%) and spent $0 on capital expenditures, leaving free cash flow of $0.5 million, 54.8% of revenue. It returned $0.1 million to shareholders through dividends ($0) and net share buybacks ($0.1 million). Cash and equivalents rose by $14.6 million over the year.
Related: CKX income statement, CKX balance sheet. See the CKX stock overview for the latest quote and news.
CKX cash flow FAQ
What is CKX Lands's free cash flow?
CKX Lands's free cash flow was $0.5 million in fiscal 2025: $0.5 million of operating cash flow minus $0 of capital expenditures It was $0.2 million a year earlier..
How much cash does CKX Lands generate from operations?
CKX Lands generated $0.5 million of cash from operating activities in fiscal 2025, 0.15 times its net income of $3.0 million.
How much stock does CKX Lands buy back?
CKX Lands spent $0.1 million on net share repurchases in fiscal 2025.