VIRC: the cashflow

MyFinsight

For the quarter ending 2025-10-31, VIRC had $23,899K increase in cash & cash equivalents over the period. $24,538K in free cash flow.

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

Cash Flow	2025-10-31	2025-07-31
Net (loss) income	-1,326	10,918
Depreciation and amortization	1,544	3,086
Non-cash lease expense	-1,334	-2,780
Provision for credit losses	15	30
Amortization of debt issuance costs	34	68
Deferred income taxes	-78	20
Stock-based compensation	47	114
Amortization of net actuarial gain for pension plans	-90	-180
Non-cash unrealized gain on investment	-49	207
Surrender of life insurance policies	-81	300
Loss on disposal of property and equipment	-7	-
Trade accounts receivable	-33,003	33,843
Inventories	-6,778	4,219
Income taxes	-391	4,130
Prepaid expenses and other assets	399	-3
Accounts payable and accrued liabilities	-14,800	1,774
Net cash provided by operating activities	25,808	-15,826
Purchases of property, plant and equipment	1,270	3,816
Purchases of marketable securities in trust accounts	0	-
Proceeds from sale of fixed assets	0	-
Proceeds from sale of marketable securities in trust accounts	0	-
Proceeds from surrendering life insurance policies	-181	300
Net cash used in investing activities	-1,451	-3,516
Borrowing from long-term debt	0	0
Repayment of long-term debt	64	128
Common stock repurchased	0	4,000
Tax withholding payments on share-based compensation	0	0
Payment of deferred financing costs	0	0
Cash dividends paid	394	787
Net cash used in financing activities	-458	-4,915
Net (decrease) increase in cash	23,899	-24,257
Cash and cash equivalents at beginning of period	26,867	-
Cash and cash equivalents at end of period	26,509	-

Unit: Thousand (K) dollars