RiverNorth Flexible Municipal Income Fund, Inc.

RFMNYSEFinancial Services● Active

$14.66

+$0.05(+0.34%)

Market Cap$89641487

P/E Ratio—

52W High$14.9

52W Low$13.68

Avg Volume13K

Open$14.69

Beta0.66

Free Cash Flow Financials Revenue

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

RFM · free cash flow · updated Jun 14, 2026

Core FCF metrics

RFM · FCF · TTM · margin & CAGR

Free cash flow was $10.0M for FY2025 (fiscal year ending 2025-06-30)

FY2025 Free Cash Flow$10.0M—

Trailing 12M (TTM)—trailing 4 quarters sum

FCF Margin——

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 14, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

RFM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$10.0M(0M)$10.0M——

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

RFM · P/FCF · FCF yield · FCF per share

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) trades at a FCF yield of 11.19% and a price-to-free-cash-flow ratio of 9.0x. FCF per share stands at $1.62, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

11.19%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.62

TTM FCF ÷ Shares Outstanding

Price / FCF

x9.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-30

Cash flow statement summary

RFM · cash flow statement · operating / investing / financing

For FY2025, RiverNorth Flexible Municipal Income Fund, Inc. generated $10.0M in operating cash flow and spent 0M in capital expenditures, yielding $10.0M in free cash flow.

Operating Activities

+$10.0M

Cash from core business operations

2025-06-30

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-06-30

Financing Activities

−$9.8M

Buybacks, dividends & debt

2025-06-30

FCF FormulaOperating CF ($10.0M) − |CapEx| (0M) = FCF ($10.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

RFM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

RiverNorth Flexible Municipal Income Fund, Inc.YOU

RFM

$10.0M——

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) reported free cash flow of $10.0M for FY2025 (fiscal year ending 2025-06-30).

Based on available data, RiverNorth Flexible Municipal Income Fund, Inc. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $10.0M in FY2025.

RiverNorth Flexible Municipal Income Fund, Inc.'s FCF yield is 11.19% and price-to-FCF ratio is 9.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

RFM free cash flow · 8 questions

RiverNorth Flexible Municipal Income Fund, Inc. free cash flow was $10.0M for FY2025. On a trailing twelve-month (TTM) basis, free cash flow stands at —.

RFM free cash flowRFM FCFRFM FCF 2025RFM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · RiverNorth Flexible Municipal Income Fund, Inc. · RiverNorth Flexible Municipal Income Fund, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 14, 2026