Lichen International Ltd cash flow statement

In fiscal 2025, Lichen International Ltd's operations generated −$17.8m of cash; it spent $0 on capital projects, leaving free cash flow of −$17.8m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Lichen International Ltd: cash flow statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	8	7	11	1	−6	−18
Depreciation and amortisation	1	1	1	1	1	1
Stock-based pay	—	—	—	0	3	0
Capital spending	—	0	2	3	0	0
Free cash flow	—	7	9	−3	−6	−18
Free cash flow after stock pay	—	—	—	−3	−9	−18
Shares issued	—	—	—	0	12	24

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Lichen International Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Lichen International Ltd.