For the year ending 2025-12-31, KRMN had $22,429K increase in cash & cash equivalents over the period. -$42,455K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Revenue | 471,500 |
| Labor | 115,060 |
| Materials | 133,518 |
| Overhead | 21,587 |
| Depreciation and amortization | 11,309 |
| Total cost of goods sold | 281,474 |
| General and administrative expenses | 85,656 |
| Depreciation and amortization not included in cost of goods sold | 31,428 |
| Other income | 4,147 |
| Interest expense, net | 44,567 |
| Income tax provision | 15,156 |
| Net income | 17,366 |
| Depreciation and amortization | 42,737 |
| Amortization of debt issuance costs | 1,327 |
| Non-cash interest expense and other non-cash adjustments | -2,190 |
| Deferred income taxes | 10,516 |
| Share-based compensation expenses | 1,410 |
| Change in accounts receivable | 18,358 |
| Change in contract assets | 49,076 |
| Change in inventory | -2,858 |
| Change in prepaids and other assets | -6,872 |
| Change in contract liabilities | -7,148 |
| Change in accounts payable, accruals and income taxes payable | -16,882 |
| Change in acquisition related accrued expenses | 11,651 |
| Net change in rou assets and lease liabilities | -100 |
| Net cash provided by (used in) operating activities | -22,119 |
| Purchases of property and equipment | 20,336 |
| Investment in convertible note | 6,000 |
| Acquisitions of businesses, net of cash acquired | 211,935 |
| Net cash flows used in investing activities | -238,271 |
| Net proceeds from issuance of common stock in initial public offering | 154,836 |
| Finance lease payments | 3,899 |
| Proceeds from notes payable | 505,000 |
| Repayments of notes payable | 339,315 |
| Payments of debt issuance costs | 8,359 |
| Payment of isp sba loan assumed | 1,919 |
| Proceeds from revolving line of credit | 30,000 |
| Repayments of revolving line of credit | 55,000 |
| Cash contributed from (distribution to) equityholders | 1,475 |
| Net cash provided by (used in) financing activities | 282,819 |
| Net increase (decrease) in cash and cash equivalents | 22,429 |
| Cash and cash equivalents, beginning | 11,530 |
| Cash and cash equivalents, ending | 33,959 |
Karman Holdings Inc. (KRMN)
Karman Holdings Inc. (KRMN)