For the quarter ending 2025-09-30, SLND had -$5,952K decrease in cash & cash equivalents over the period. $5,336K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -76,983 | -12,676 |
| Depreciation and amortization | 5,629 | 11,901 |
| Amortization of deferred financing costs | 471 | 916 |
| Deferred taxes | 57,268 | -50 |
| Share based compensation | 128 | 692 |
| Gain on sale of assets | 1,326 | 1,417 |
| Foreign currency remeasurement gain | -20 | 73 |
| Loss (earnings) from equity method investments | 6,628 | 1,503 |
| Loss (gain) on trading securities, net | 50 | 76 |
| Accounts and retainage receivables | 23,055 | - |
| Contract assets | -31,798 | 16,937 |
| Other current assets | -1,527 | 10,378 |
| Accounts receivable | - | -19,516 |
| Right-of-use assets | 234 | 4,763 |
| Accounts payable and accrued liabilities | 15,846 | 12,328 |
| Contract liabilities | 17,276 | 1,222 |
| Operating lease liabilities | -234 | -4,742 |
| Other | 3,492 | -2,490 |
| Net cash provided by operating activities | 5,897 | 996 |
| Purchase of property and equipment | 561 | 2,885 |
| Proceeds from sale of property and equipment | 2,816 | 3,448 |
| Distributions from other investments | -76 | -195 |
| Distributions from investees | 184 | - |
| Capital contribution to unconsolidated investments | 184 | - |
| Net cash provided by investing activities | 2,331 | 758 |
| Payments on notes payable | 13,860 | 25,150 |
| Payments of deferred financing costs | 2 | 295 |
| Payments from related parties | - | 4 |
| Payments to related parties | 3 | - |
| Payments on finance lease and financing obligations | 293 | 539 |
| Payment of taxes related to net share settlement of rsus | 0 | 121 |
| Net cash provided by (used in) financing activities | -14,162 | -26,101 |
| Effect of exchange rate on cash | -18 | 82 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -5,952 | -24,265 |
| Cash and cash equivalents at beginning of period | 87,561 | - |
| Cash and cash equivalents at end of period | 57,344 | - |
Southland Holdings, Inc. (SLND)
Southland Holdings, Inc. (SLND)