HLX: the cashflow

MyFinsight

For the quarter ending 2025-09-30, HLX had $18,290K increase in cash & cash equivalents over the period. $22,589K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income	22,083	474
Depreciation and amortization, excluding amortization of deferred recertification and dry dock costs	33,828	67,198
Amortization of deferred recertification and dry dock costs	21,833	20,673
Deferred recertification and dry dock costs	14,345	33,931
Amortization of debt discount	60	117
Amortization of debt issuance costs	518	1,015
Share-based compensation	1,635	3,306
Deferred income taxes	2,888	931
Unrealized foreign currency gains	-643	1,333
Accounts receivable, net	30,872	62,426
Other current assets	757	143
Income tax receivable, net of income tax payable	11,554	-26,729
Accounts payable and accrued liabilities	-23,974	26,618
Other, net	817	-3,539
Net cash provided by operating activities	24,277	-691
Capital expenditures	1,688	8,958
Net cash used in investing activities	-1,688	-8,958
Repayment of marad debt	4,649	4,537
Repurchases of common stock	0	30,214
Payments related to tax withholding for share-based compensation	0	7,266
Proceeds from issuance of espp shares	508	1,237
Net cash used in financing activities	-4,141	-40,780
Effect of exchange rate changes on cash and cash equivalents	-158	2,142
Net decrease in cash and cash equivalents	18,290	-48,287
Cash and cash equivalents at beginning of period	368,030	-
Cash and cash equivalents at end of period	338,033	-

Unit: Thousand (K) dollars