For the quarter ending 2025-09-30, FIP had -$94,347K decrease in cash & cash equivalents over the period. -$90,708K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -104,538 | 50,205 |
| Equity in (earnings) losses of unconsolidated entities | 2,928 | 3,319 |
| Gain on sale of subsidiaries | 0 | 119,952 |
| Gain on sale of assets, net | 28 | -124 |
| (loss) gain on modification or extinguishment of debt | -55,208 | -4,073 |
| Gain on sale of easement | 0 | - |
| Equity-based compensation | 1,522 | 2,163 |
| Depreciation and amortization | 34,813 | 59,010 |
| Asset impairment | 0 | 4,401 |
| Change in deferred income taxes | 5,230 | -41,298 |
| Change in fair value of non-hedge derivative | -1,268 | - |
| Change in fair value of warrants | -470 | - |
| Amortization of deferred financing costs | 6,148 | 5,218 |
| Amortization of bond discount | 4,596 | 5,459 |
| Amortization of other comprehensive income | -9,238 | -4,732 |
| Paid-in-kind interest | 2,428 | 897 |
| Provision for credit (recovery) losses | -539 | 195 |
| Accounts receivable | -5,026 | 2,988 |
| Other assets | 3,562 | -2,540 |
| Accounts payable and accrued liabilities | -13,772 | 15,593 |
| Derivative liabilities | -827 | -66,178 |
| Other liabilities | -4,720 | -2,283 |
| Net cash used in operating activities | -24,383 | -90,872 |
| Investment in unconsolidated entities | 1,109,332 | 12,585 |
| Investment in convertible promissory notes | 0 | - |
| Acquisition of business, net of cash acquired | 0 | -226,628 |
| Acquisition of leasing equipment | 43 | 564 |
| Acquisition of property, plant and equipment | 66,325 | 148,319 |
| Investment in promissory notes and loans | - | 0 |
| Proceeds from investor loan | 0 | 11,001 |
| Investment in equity instruments | 0 | 0 |
| Proceeds from sale of property, plant and equipment | 462 | 2,198 |
| Proceeds from sale of easement | 0 | - |
| Net cash used in investing activities | -1,175,238 | 78,359 |
| Proceeds from debt, net | 1,250,001 | 494,074 |
| Repayment of debt | 637,260 | 126,102 |
| Payment of financing costs | 38,333 | 21,545 |
| Proceeds from issuance of redeemable preferred stock | 2,694 | - |
| Proceeds from issuance of redeemable preferred stock | 1,000,000 | - |
| Redeemable preferred stock issuance costs | 20,597 | - |
| Repayment of preferred stock | 447,121 | - |
| Cash dividends - common stock | 3,456 | 6,886 |
| Cash dividends - redeemable preferred stock | 0 | 25,516 |
| Settlement of equity-based compensation | 654 | 545 |
| Payments to noncontrolling interests | 0 | 0 |
| Net cash provided by financing activities | 1,105,274 | 313,480 |
| Net increase in cash and cash equivalents and restricted cash and cash equivalents | -94,347 | 300,967 |
| Cash and cash equivalents at beginning of period | 147,296 | - |
| Cash and cash equivalents at end of period | 353,916 | - |
FTAI Infrastructure Inc. (FIP)
FTAI Infrastructure Inc. (FIP)