For the year ending 2025-12-31, FIP had $178,650K increase in cash & cash equivalents over the period. -$398,534K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -152,054 |
| Equity in (earnings) losses of unconsolidated entities | 12,303 |
| Gain (loss) on disposition of stock in subsidiary | 128,921 |
| Gain (loss) on disposition of assets | -79 |
| Loss on modification or extinguishment of debt | -59,323 |
| Gain on sale of easement | 0 |
| Equity-based compensation | 11,076 |
| Depreciation and amortization | 132,489 |
| Asset impairment | 4,401 |
| Change in deferred income taxes | -5,764 |
| Change in fair value of non-hedge derivatives | -603 |
| Fair value adjustment of warrants | -4,234 |
| Amortization of deferred financing costs | 10,988 |
| Amortization of debt discount (premium) | 23,336 |
| Amortization of other comprehensive income (loss) | -20,092 |
| Paid-in-kind interest | 5,829 |
| Provision for (recovery) credit losses | -888 |
| Accounts receivable | 9,920 |
| Other assets | 13,282 |
| Accounts payable and accrued liabilities | 51,745 |
| Increase (decrease) in derivative liabilities | -67,006 |
| Other liabilities | -3,413 |
| Net cash (used in) provided by operating activities | -118,008 |
| Investment in unconsolidated entities | 18,548 |
| Payments to acquire businesses, net of cash acquired | 856,644 |
| Acquisition of business, net of cash acquired | 724 |
| Acquisition of property, plant and equipment | 280,526 |
| Proceeds from collection of loans receivable | 11,001 |
| Investment in promissory notes | 0 |
| Investment in equity instruments | 0 |
| Proceeds from sale of leasing equipment | 0 |
| Proceeds from insurance settlement, investing activities | 0 |
| Proceeds from sale of property, plant, and equipment | 2,775 |
| Proceeds from sale of easement | 0 |
| Net cash used in investing activities | -1,142,666 |
| Proceeds from debt, net | 1,794,074 |
| Repayment of debt | 780,364 |
| Payment of financing costs | 62,051 |
| Proceeds from issuance of common shares | 2,694 |
| Proceeds from issuance of redeemable preferred stock and warrants | 1,000,000 |
| Redeemable preferred stock issuance costs | 21,197 |
| Payments for repurchase of preferred stock and preference stock | 447,121 |
| Distributions to non-controlling interests | 1,314 |
| Settlement of equity-based compensation | 6,050 |
| Cash dividends - common stock | 13,831 |
| Cash dividends - redeemable preferred stock | 25,516 |
| Net cash provided by financing activities | 1,439,324 |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | 178,650 |
| Cash and cash equivalents and restricted cash and cash equivalents, beginning of period | 147,296 |
| Cash and cash equivalents and restricted cash and cash equivalents, end of period | 325,946 |
FTAI Infrastructure Inc. (FIP)
FTAI Infrastructure Inc. (FIP)