For the quarter ending 2025-09-30, LMB had -$29,122K decrease in cash & cash equivalents over the period. $12,848K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 8,788 | 17,976 |
| Depreciation and amortization | 5,063 | 7,995 |
| Provision for credit losses | 213 | 139 |
| Non-cash stock-based compensation expense | 1,980 | 3,236 |
| Loss on change in fair value of contingent consideration | - | 1,222 |
| Non-cash operating lease expense | 1,029 | 1,992 |
| Amortization of debt issuance costs | 16 | 21 |
| Deferred income tax provision | 1,346 | 128 |
| Gain on sale of property and equipment | 367 | 740 |
| Change in fair value of contingent consideration | 1,512 | - |
| Loss on change in fair value of interest rate swap | -22 | -153 |
| Accounts receivable | 11,198 | -6,455 |
| Contract assets | 2,685 | -1,644 |
| Other current assets | 2,525 | 1,040 |
| Accounts payable, including retainage | 2,456 | -5,428 |
| Prepaid income taxes | 1,872 | -1,916 |
| Accrued taxes payable | 0 | -1,470 |
| Contract liabilities | -1,334 | -12,419 |
| Operating lease liabilities | -996 | -1,968 |
| Accrued expenses and other current liabilities | 9,515 | -10,890 |
| Payment of contingent consideration liability in excess of acquisition-date fair value | 0 | 711 |
| Other long-term liabilities | -156 | -137 |
| Net cash provided by operating activities | 13,329 | 4,242 |
| Net of cash acquired-Pioneer Power Inc. | 65,651 | - |
| Net of cash acquired-Kent Island Mechanical Inc. | 0 | - |
| Net of cash acquired-Consolidated Mechanical | 0 | 3 |
| Proceeds from sale of property and equipment | 379 | 926 |
| Advances from joint ventures | 0 | 0 |
| Purchase of property and equipment | 481 | 3,075 |
| Net cash used in investing activities | -65,753 | -2,152 |
| Payments on wintrust revolving loan | 17,347 | - |
| Proceeds from wintrust revolving loan | 41,848 | - |
| Payments of debt issuance costs | 43 | 125 |
| Payment of contingent consideration liability up to acquisition-date fair value | 0 | 2,289 |
| Payments on finance leases | 1,285 | 1,767 |
| Proceeds from the sale of shares to cover employee taxes | 0 | 6,344 |
| Taxes paid related to net-share settlement of equity awards | 0 | 10,684 |
| Proceeds from contributions to employee stock purchase plan | 129 | 441 |
| Net cash provided by (used in) financing activities | 23,302 | -8,080 |
| Decrease in cash, cash equivalents and restricted cash | -29,122 | -5,990 |
| Cash and cash equivalents at beginning of period | 44,995 | - |
| Cash and cash equivalents at end of period | 9,883 | - |
Limbach Holdings, Inc. (LMB)
Limbach Holdings, Inc. (LMB)