For the quarter ending 2025-09-30, COHN had $28,692K increase in cash & cash equivalents over the period. $22,175K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 8,789 | 5,566 |
| Equity-based compensation | 1,081 | 2,205 |
| Loss (gain) on other investments, at fair value | -160,174 | -7,329 |
| Loss (gain) on other investments, sold not yet purchased | 134 | 802 |
| Loss (gain) on disposal of interest in vellar gp | 0 | -836 |
| Noncash advisory fees received | 181,362 | 31,326 |
| (income) loss from equity method affiliates | -12,663 | 981 |
| Depreciation and amortization | 183 | 344 |
| Amortization of discount on debt | 161 | 224 |
| Deferred tax provision (benefit) | 436 | 483 |
| Change in receivables from / payables to brokers, dealers, and clearing agencies | 53,463 | -21,606 |
| Change in receivables from / payables to related parties, net | 53 | -348 |
| (increase) decrease in other receivables | -978 | 2,925 |
| (increase) decrease in investments-trading | -18,846 | 22,623 |
| (increase) decrease in receivables under resale agreements | -376,164 | 122,615 |
| (increase) decrease in other assets | 1,497 | -1,065 |
| Increase (decrease) in accounts payable and other liabilities | 3,120 | -3,092 |
| Increase (decrease) in accrued compensation | 37,238 | 30,980 |
| Increase (decrease) in trading securities sold, not yet purchased | -1,770 | 728 |
| Increase (decrease) in securities sold under agreements to repurchase | -359,232 | 120,324 |
| Net cash provided by (used in) operating activities | 22,428 | 6,978 |
| Purchase of other investments, at fair value | 14,401 | 14,856 |
| Purchase of other investments sold, not yet purchased, at fair value | 0 | 0 |
| Reduction in cash from disposal of interest in vellar gp | 0 | 433 |
| Sales and returns of principal - other investments, at fair value | 21,803 | 22,437 |
| Sales and returns of principal - other investments sold, not yet purchased, at fair value | 199 | 0 |
| Investment in equity method affiliate | 0 | 2,675 |
| Distribution from equity method affiliate | 266 | 1,312 |
| Purchase of furniture, equipment, and leasehold improvements | 253 | 570 |
| Net cash provided by (used in) investing activities | 7,614 | 5,215 |
| Repayment of redeemable financial instrument | 0 | - |
| Repayment of 2024 note | 0 | 2,573 |
| Cash used to net share settle equity awards | 1 | 343 |
| Proceeds from issuance of common stock | 0 | 0 |
| Cohen & company inc. dividends | 434 | 1,261 |
| Convertible non-controlling interest distributions | 714 | 3,136 |
| Redemption of convertible non-controlling units | 0 | 954 |
| Non-convertible non-controlling interest investment | 0 | 2,669 |
| Non-convertible non-controlling interest distributions | 125 | 844 |
| Net cash provided by (used in) financing activities | -1,274 | -6,442 |
| Effect of exchange rate on cash | -76 | 655 |
| Net increase (decrease) in cash and cash equivalents | 28,692 | 6,406 |
| Cash and cash equivalents at beginning of period | 19,590 | - |
| Cash and cash equivalents at end of period | 54,688 | - |
Cohen & Co Inc. (COHN)
Cohen & Co Inc. (COHN)