OFS Credit Company, Inc. (OCCI) Cash Flow Statement
Where OCCI’s cash came from and went, FY2025
October 31, 2025 · U.S. dollars- Cash from operations
- −$50.3M
- Capital expenditures
- $5 0.0% of revenue
- Free cash flow
- −$50.3M −124.1% margin
- Returned to shareholders
- $31.6M
- Change in cash
- −$11.2M cash at year-end $13.5M
Drawn to scale: where the cash came from and how it was used. Hover for values.
OCCI operating cash flow, capex and free cash flow
OCCI cash flow trends, FY2018–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $2.6MFY2018 | −$50.3MFY2025 | — | |
| Capital expenditures | $0FY2018 | $5FY2025 | — | |
| Free cash flow | $2.6MFY2018 | −$50.3MFY2025 | — | |
| Free cash flow margin | 733.1%FY2018 | −124.1%FY2025 | −857.2 pts | |
| Operating cash flow / net income | 8.98FY2018 | −2.03FY2024 | −11.01 | |
| Dividends paid | $5.5MFY2018 | $30.7MFY2025 | +28.0%/yr | |
| Share buybacks (net) | $0FY2018 | $803,801FY2025 | — | |
| Capex / revenue | 0.0%FY2018 | 0.0%FY2025 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
OCCI cash flow by activity
OCCI 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).
OCCI cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||
| Net income | −$9.9M | $15.0M | −$1.9M | −$13.6M | $20.3M | −$3.7M | −$7.9M | $286,507 |
| Depreciation & amortization | — | — | $460,717 | — | — | — | $100,522 | — |
| Change in working capital | $491,013 | $716,004 | $82,218 | −$5.8M | $6.5M | −$292,896 | $1.1M | $545,736 |
| Other non-cash items | −$40.9M | −$46.3M | −$22.3M | $4.7M | −$92.5M | $7.4M | −$22.3M | $1.7M |
| Cash from operating activities | −$50.3M | −$30.6M | −$23.7M | −$14.6M | −$65.7M | $3.5M | −$28.9M | $2.6M |
| Investing activities | ||||||||
| Capital expenditures | −$5 | $0 | −$2 | $0 | $0 | −$4 | $0 | $0 |
| Acquisitions & other investing | −$84.9M | — | −$49.8M | −$31.5M | −$86.6M | −$5.2M | −$38.7M | −$43.6M |
| Cash from investing activities | −$84.9M | — | −$49.8M | −$31.5M | −$86.6M | −$5.2M | −$38.7M | −$43.6M |
| Financing activities | ||||||||
| Dividends paid | −$30.7M | −$19.0M | −$5.0M | −$3.6M | −$2.2M | −$3.5M | −$5.5M | −$5.5M |
| Share repurchases & issuance (net) | −$803,801 | −$4.1M | — | −$21.3M | — | — | $30.5M | $50.0M |
| Shares issued | $70.7M | $61.9M | $32.9M | $37.1M | $76.7M | $2.8M | $30.5M | $0 |
| Other financing | $0 | −$246,725 | $0 | $0 | −$182,108 | −$267,231 | −$31.7M | $5.5M |
| Cash from financing activities | $39.1M | $38.5M | $27.9M | $12.1M | $74.3M | −$942,652 | $23.8M | $50.0M |
| Summary | ||||||||
| Net change in cash | −$11.2M | $7.9M | $4.2M | −$2.5M | $8.5M | $2.5M | −$5.1M | $9.0M |
| Cash at end of period | $13.5M | $24.7M | $16.8M | $12.5M | $15.0M | $6.4M | $3.9M | $9.1M |
| Free cash flow | −$50.3M | −$30.6M | −$23.7M | −$14.6M | −$65.7M | $3.5M | −$28.9M | $2.6M |
| Free cash flow margin | −124.1% | −163.5% | −2,503.2% | — | −286.1% | — | — | 733.1% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | — | 0.0% | — | — | 0.0% |
| Operating cash flow / net income | — | −2.03 | — | — | −3.24 | — | — | 8.98 |
| Oct '25 | Apr '23 | Jan '23 | |
|---|---|---|---|
| Operating activities | |||
| Net income | −$9.1M | −$2.2M | −$2.2M |
| Change in working capital | $491,013 | $111,733 | $111,733 |
| Other non-cash items | $43.1M | $3.2M | $3.2M |
| Cash from operating activities | $34.5M | $1.1M | $1.1M |
| Investing activities | |||
| Capital expenditures | −$5 | $0 | $0 |
| Acquisitions & other investing | −$84.9M | — | — |
| Cash from investing activities | −$84.9M | — | — |
| Financing activities | |||
| Dividends paid | −$30.7M | −$1.1M | −$1.1M |
| Shares issued | $0 | $0 | $0 |
| Other financing | $69.9M | $2.1M | $2.1M |
| Cash from financing activities | $39.1M | $971,441 | $971,441 |
| Summary | |||
| Net change in cash | $13.5M | $1.8M | $2.3M |
| Cash at end of period | $13.5M | $16.7M | $14.9M |
| Free cash flow | $34.5M | $1.1M | $1.1M |
| Free cash flow margin | 309.9% | — | — |
| 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.
OCCI cash generation
In fiscal 2025 (ended October 31, 2025), OFS Credit generated -$50.3 million of cash from operations and spent $0.0 million on capital expenditures, leaving free cash flow of -$50.3 million, −124.1% of revenue. It returned $31.6 million to shareholders through dividends ($30.7 million) and net share buybacks ($0.8 million). Cash and equivalents fell by $11.2 million over the year.
Related: OCCI income statement, OCCI balance sheet, OCCI dividend history. See the OCCI stock overview for the latest quote and news.
OCCI cash flow FAQ
What is OFS Credit's free cash flow?
OFS Credit's free cash flow was -$50.3 million in fiscal 2025: -$50.3 million of operating cash flow minus $0.0 million of capital expenditures It was -$30.6 million a year earlier..
How much cash does OFS Credit generate from operations?
OFS Credit generated -$50.3 million of cash from operating activities in fiscal 2025.
How much does OFS Credit spend on capital expenditures?
OFS Credit spent $0.0 million on capital expenditures in fiscal 2025, 0.0% of revenue.
How much stock does OFS Credit buy back?
OFS Credit spent $0.8 million on net share repurchases in fiscal 2025.
How much does OFS Credit pay in dividends?
OFS Credit paid $30.7 million in dividends in fiscal 2025.