Streamex Corp (STEX) Cash Flow Statement
Where STEX’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$10.4M
- Capital expenditures
- $0
- Free cash flow
- −$10.4M
- Returned to shareholders
- $11,000
- Change in cash
- $20.2M cash at year-end $20.3M
Drawn to scale: where the cash came from and how it was used. Hover for values.
STEX operating cash flow, capex and free cash flow
STEX cash flow trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$26.6M2020 | −$10.4M2025 | — | |
| Capital expenditures | $87,0002020 | $02025 | −100.0% | |
| Free cash flow | −$26.7M2020 | −$10.4M2025 | — | |
| Free cash flow margin | −6,109.1%2021 | −11,895.0%2024 | −5,785.9 pts | |
| Stock-based compensation | $9.5M2021 | $57.1M2025 | +56.6%/yr | |
| Capex / revenue | 122.9%2021 | 0.0%2024 | −122.9 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
STEX cash flow by activity
STEX 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).
STEX cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Operating activities | ||||||
| Net income | −$462.8M | −$10.3M | −$28.7M | −$27.3M | −$32.9M | −$52.2M |
| Depreciation & amortization | $3.5M | $188,000 | $361,000 | $293,000 | $198,000 | $550,000 |
| Stock-based compensation | $57.1M | $7.0M | $8.0M | $4.4M | $9.5M | — |
| Change in working capital | $67,000 | $363,000 | $769,000 | $464,000 | −$3.5M | $2.4M |
| Other non-cash items | $391.6M | −$1.9M | $2.3M | $388,000 | $209,000 | $22.7M |
| Cash from operating activities | −$10.4M | −$4.8M | −$17.3M | −$21.7M | −$26.4M | −$26.6M |
| Investing activities | ||||||
| Capital expenditures | $0 | $0 | −$186,000 | −$168,000 | −$542,000 | −$87,000 |
| Investments (net) | −$24.6M | $0 | −$186,000 | −$168,000 | −$542,000 | — |
| Acquisitions & other investing | $366,000 | — | $186,000 | $168,000 | $542,000 | $0 |
| Cash from investing activities | −$24.2M | — | −$186,000 | −$168,000 | −$542,000 | −$87,000 |
| Financing activities | ||||||
| Dividends paid | −$11,000 | — | — | — | — | — |
| Share repurchases & issuance (net) | $10.5M | — | — | — | — | — |
| Net borrowing (repayment) | $45.4M | $500,000 | $0 | — | — | — |
| Shares issued | $18.3M | $4.2M | $15.4M | $10.4M | $10.3M | $0 |
| Other financing | −$19.2M | $0 | $2.0M | $218,000 | $28,000 | $42.8M |
| Cash from financing activities | $54.9M | $4.7M | $17.3M | $10.6M | $10.3M | $42.8M |
| Summary | ||||||
| Net change in cash | $20.2M | −$48,000 | −$167,000 | −$11.3M | −$16.6M | $16.2M |
| Cash at end of period | $20.3M | $142,000 | $190,000 | $357,000 | $11.7M | $28.3M |
| Free cash flow | −$10.4M | −$4.8M | −$17.5M | −$21.9M | −$26.9M | −$26.7M |
| Free cash flow margin | — | −11,895.0% | −97,216.7% | −7,647.9% | −6,109.1% | — |
| Capex / revenue | — | 0.0% | 1,033.3% | 58.7% | 122.9% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||
| Net income | −$14.6M | −$46.7M | −$424.0M | −$15.6M | −$20.4M | −$2.8M | −$1.1M | −$1.9M | −$3.9M | −$3.4M | −$6.0M |
| Depreciation & amortization | $1.5M | $1.5M | $1.5M | $1.5M | $554,000 | $21,000 | $30,000 | $31,000 | $49,000 | $78,000 | $93,000 |
| Stock-based compensation | $7.1M | $25.4M | $55.0M | $842,000 | $5.4M | $2.1M | −$53,000 | $1.5M | $4.4M | — | — |
| Change in working capital | −$5.3M | −$1.2M | −$4.2M | −$1.3M | $6.2M | −$650,000 | $5.5M | −$5.0M | −$741,000 | $632,000 | $901,000 |
| Other non-cash items | −$493,000 | $10.8M | $368.7M | $9.5M | $7.0M | $240,000 | −$4.9M | $3.9M | −$1.3M | $1.4M | $2.1M |
| Cash from operating activities | −$11.7M | −$10.2M | −$3.0M | −$5.0M | −$1.3M | −$1.1M | −$474,000 | −$1.5M | −$1.5M | −$1.3M | −$2.9M |
| Investing activities | |||||||||||
| Capital expenditures | −$150,000 | −$14.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$4,000 |
| Investments (net) | −$3.6M | −$13.7M | −$24.5M | −$145,000 | $0 | $0 | $0 | $0 | $0 | — | — |
| Acquisitions & other investing | $14.4M | $26.4M | $1,000 | $0 | $366,000 | — | — | — | — | — | $0 |
| Cash from investing activities | $10.7M | −$1.5M | −$24.5M | −$145,000 | $366,000 | — | — | — | — | — | −$4,000 |
| Financing activities | |||||||||||
| Dividends paid | — | −$2,000 | −$11,000 | — | — | — | — | — | — | — | — |
| Share repurchases & issuance (net) | — | — | $10.5M | — | — | — | — | — | — | — | — |
| Net borrowing (repayment) | $0 | −$38.5M | $45.4M | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Shares issued | $0 | $37.2M | $1,000 | $13.6M | $0 | $4.7M | $1,000 | $0 | $3.2M | $0 | $0 |
| Other financing | −$245,000 | −$319,000 | −$19.1M | −$176,000 | $0 | $0 | $0 | $0 | $0 | $1.5M | $2.7M |
| Cash from financing activities | −$245,000 | −$1.6M | $36.8M | $13.4M | $0 | $4.7M | $1,000 | $0 | $3.2M | $1.5M | $2.7M |
| Summary | |||||||||||
| Net change in cash | −$1.3M | −$13.5M | $9.3M | $8.2M | −$907,000 | $3.6M | −$473,000 | −$1.5M | $1.7M | $226,000 | −$199,000 |
| Cash at end of period | $5.6M | $6.9M | $20.3M | $11.0M | $2.8M | $3.7M | $142,000 | $615,000 | $2.1M | $416,000 | $190,000 |
| Free cash flow | −$11.9M | −$24.4M | −$3.0M | −$5.0M | −$1.3M | −$1.1M | −$474,000 | −$1.5M | −$1.5M | −$1.3M | −$2.9M |
| Free cash flow margin | −8,143.2% | — | — | — | — | — | −3,646.2% | — | −11,392.3% | −9,385.7% | −24,550.0% |
| Capex / revenue | 102.7% | — | — | — | — | — | 0.0% | — | 0.0% | 0.0% | 33.3% |
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.
STEX cash generation
In fiscal 2025 (ended December 31, 2025), Streamex generated -$10.4 million of cash from operations and spent $0 on capital expenditures, leaving free cash flow of -$10.4 million. It returned $0.0 million to shareholders through dividends ($0.0 million) and net share buybacks ($0). Cash and equivalents rose by $20.2 million over the year.
Related: STEX income statement, STEX balance sheet. See the STEX stock overview for the latest quote and news.
STEX cash flow FAQ
What is Streamex's free cash flow?
Streamex's free cash flow was -$10.4 million in fiscal 2025: -$10.4 million of operating cash flow minus $0 of capital expenditures It was -$4.8 million a year earlier..
How much cash does Streamex generate from operations?
Streamex generated -$10.4 million of cash from operating activities in fiscal 2025.
How much does Streamex pay in dividends?
Streamex paid $0.0 million in dividends in fiscal 2025.