Gyrodyne, LLC (GYRO) Cash Flow Statement
Where GYRO’s cash came from and went, 2022
December 31, 2022 · U.S. dollars- Cash from operations
- $1.45B
- Capital expenditures
- $0
- Free cash flow
- $1.45B
- Returned to shareholders
- —
- Change in cash
- $1.45B cash at year-end $1.45B
Drawn to scale: where the cash came from and how it was used. Hover for values.
GYRO operating cash flow, capex and free cash flow
GYRO cash flow trends, 2012–2022
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $161.7M2012 | $1.45B2022 | +72.9%/yr | |
| Capital expenditures | $568,8092012 | $02022 | −100.0% | |
| Free cash flow | $161.1M2012 | $1.45B2022 | +73.1%/yr | |
| Free cash flow margin | −181.0%2013 | −0.0%2015 | +181.0 pts | |
| Operating cash flow / net income | 1.632012 | −0.182013 | −1.81 | |
| Stock-based compensation | −$4,6222012 | $101,4422015 | — | |
| Dividends paid | $56.8M2012 | $16.83T2015 | +6,566.8%/yr | |
| Share buybacks (net) | $02012 | $5.9M2015 | — | |
| Capex / revenue | 19.8%2013 | 0.0%2015 | −19.8 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GYRO cash flow by activity
GYRO net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
GYRO cash flow statement
| 2022 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | — | −$2.9M | −$3.1M | $46.1M | $99.0M |
| Depreciation & amortization | — | $259,202 | $969,571 | $1.0M | $1.2M |
| Stock-based compensation | — | $101,442 | — | $388,589 | −$4,622 |
| Change in working capital | $1.45B | −$969,592 | −$4.6M | $4.0M | −$190,371 |
| Other non-cash items | — | $3.5M | $1.3M | −$59.5M | $61.7M |
| Cash from operating activities | $1.45B | −$3,440 | −$5.5M | −$8.1M | $161.7M |
| Investing activities | |||||
| Capital expenditures | $0 | −$412,550 | −$1.1M | −$997,585 | −$568,809 |
| Investments (net) | — | $935,085 | −$2.5M | $996,148 | −$4.4M |
| Acquisitions & other investing | — | −$394,743 | $0 | $0 | $0 |
| Cash from investing activities | — | $127,792 | −$3.6M | −$1,437 | −$5.0M |
| Financing activities | |||||
| Dividends paid | — | −$16.83T | $0 | −$68.0M | −$56.8M |
| Share repurchases & issuance (net) | — | −$5.9M | $0 | $0 | $0 |
| Net borrowing (repayment) | — | $0 | $0 | −$5.0M | −$16.1M |
| Shares issued | $0 | $0 | $0 | $0 | $0 |
| Other financing | — | $16.83T | $8.4M | $0 | $3,965 |
| Cash from financing activities | — | $5.6M | $8.4M | −$73.0M | −$72.9M |
| Summary | |||||
| Net change in cash | $1.45B | $5.9M | −$9.0M | −$81.1M | $83.8M |
| Cash at end of period | $1.45B | $5.9M | $4.0M | $13.0M | $94.2M |
| Free cash flow | $1.45B | −$2.7M | −$6.5M | −$9.1M | $161.1M |
| Free cash flow margin | — | −0.0% | −132.0% | −181.0% | — |
| Capex / revenue | — | 0.0% | 21.5% | 19.8% | — |
| Operating cash flow / net income | — | — | — | −0.18 | 1.63 |
| Dec '24 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Mar '21 | Dec '20 | Sep '20 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||
| Change in working capital | −$3.01B | $1.56B | $1.35B | $98.4M | −$1.25B | $1.25B | $636,552 | −$31.5M | −$987.5M |
| Cash from operating activities | −$3.01B | $1.56B | $1.35B | $98.4M | −$1.25B | $1.25B | $3.94B | $3.94B | −$3.87B |
| Investing activities | |||||||||
| Capital expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing activities | |||||||||
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Summary | |||||||||
| Net change in cash | — | $1.56B | $1.35B | $98.4M | −$1.25B | $1.25B | $3.94B | — | −$3.87B |
| Cash at end of period | — | $1.56B | $1.35B | $98.4M | −$1.25B | $1.25B | $3.94B | — | −$3.87B |
| Free cash flow | −$3.01B | $1.56B | $1.35B | $98.4M | −$1.25B | $1.25B | $3.94B | $3.94B | −$3.87B |
| Free cash flow margin | — | — | 48,145.8% | — | — | — | — | — | — |
| Capex / revenue | — | — | 0.0% | — | — | — | — | — | — |
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.
GYRO cash generation
In fiscal 2022 (ended December 31, 2022), Gyrodyne generated $1.4 billion of cash from operations and spent $0 on capital expenditures, leaving free cash flow of $1.4 billion. Cash and equivalents rose by $1.4 billion over the year.
Related: GYRO income statement, GYRO balance sheet. See the GYRO stock overview for the latest quote and news.
GYRO cash flow FAQ
What is Gyrodyne's free cash flow?
Gyrodyne's free cash flow was $1.4 billion in fiscal 2022: $1.4 billion of operating cash flow minus $0 of capital expenditures It was -$2.7 million a year earlier..
How much cash does Gyrodyne generate from operations?
Gyrodyne generated $1.4 billion of cash from operating activities in fiscal 2022.