For the quarter ending 2025-12-31, LPG had $26,189,612 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 47,188,898 | 55,382,036 | 10,082,101 |
| Depreciation and amortization | 18,129,336 | 17,921,869 | 18,379,147 |
| Non-cash lease expense | 11,609,123 | 8,662,519 | 8,490,242 |
| Amortization of financing costs | 280,083 | 292,030 | 295,249 |
| Unrealized loss on derivatives | -170,904 | -381,658 | -1,183,841 |
| Stock-based compensation expense | 2,034,165 | 4,961,896 | 1,757,879 |
| Unrealized foreign currency (gain)/loss, net | -34,162 | -24,646 | 241,006 |
| Other non-cash items, net | -131,379 | 574,702 | -21,610 |
| Trade receivables, inventories, prepaid expenses, and other current and non-current assets | 2,363,272 | 4,395,845 | 1,574,245 |
| Due from related parties | -17,916,722 | 15,970,432 | 26,671,741 |
| Operating lease liabilities - current and long-term | -11,610,414 | -8,617,217 | -8,491,076 |
| Trade accounts payable | -36,847 | -4,288,030 | 1,147,369 |
| Accrued expenses and other liabilities | 1,980,540 | -1,593,908 | 356,959 |
| Due to related parties | -1,371,417 | 1,334,606 | 238,204 |
| Payments for drydocking costs | 3,318,408 | 7,114,635 | 4,160,059 |
| Net cash provided by operating activities | 80,774,954 | 46,406,491 | 814,474 |
| Payments for vessels under construction and other capital expenditures for vessels | 13,352,326 | 13,256,180 | 3,056,789 |
| Net cash used in investing activities | -13,352,326 | -13,256,180 | -3,056,789 |
| Repayment of long-term debt borrowings | 13,512,951 | 13,484,131 | 13,965,616 |
| Repurchase of common stock | -2,766 | 2,907,988 | 1,822,780 |
| Dividends paid | 27,693,502 | 26,344,428 | 21,211,264 |
| Net cash used in financing activities | -41,203,687 | -42,736,547 | -36,999,660 |
| Effects of exchange rates on cash and cash equivalents | -29,329 | -32,493 | 291,277 |
| Net increase/(decrease) in cash, cash equivalents, and restricted cash | 26,189,612 | -9,618,729 | -38,950,698 |
| Cash and cash equivalents at beginning of period | 268,384,185 | 316,953,612 | - |
| Cash and cash equivalents at end of period | 294,573,797 | 268,384,185 | - |
DORIAN LPG LTD. (LPG)
DORIAN LPG LTD. (LPG)