Angling Direct Cash Flow Statement

Financials in millions GBP. Fiscal year is February - January.

Millions GBP. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Net Income	2.87	1.96	1.52	0.67	4.02
Depreciation & Amortization	4.66	4.24	3.8	3.49	2.92
Stock-Based Compensation	0.34	0.15	0.11	0.21	0.19
Other Adjustments	0.14	0.02	-0.01	0.08	0.01
Change in Receivables	-0.24	-0.2	0.05	0.1	0.08
Changes in Inventories	-2.12	-3.84	0.91	-1.54	-3.79
Changes in Accounts Payable	1.8	1.38	0.17	-0.97	1.6
Changes in Income Taxes Payable	-0.06	-0.1	0.08	-0.51	-
Changes in Unearned Revenue	0.14	0.16	0.06	0.08	0.03
Changes in Other Operating Activities	-0.19	0.11	-0.21	-0.06	-0.3
Operating Cash Flow	7.35	3.88	6.48	1.55	4.76
Operating Cash Flow Growth	89.28%	-40.11%	319.15%	-67.54%	-31.38%
Capital Expenditures	-4.64	-3.67	-2.6	-2.01	-1.2
Sale of Property, Plant & Equipment	0.01	0.02	-	-	0.01
Purchases of Intangible Assets	-0.34	-0.48	-0.33	-0.29	-0.33
Cash Acquisitions	-	-0.74	-	-	-
Investing Cash Flow	-4.97	-4.88	-2.93	-2.3	-1.52
Issuance of Common Stock	0.06	-	-	-	-
Repurchase of Common Stock	-1.14	-0.61	-	-	-
Net Common Stock Issued (Repurchased)	-1.08	-0.61	-	-	-
Other Financing Activities	-2.37	-2.01	-1.84	-1.72	-1.63
Financing Cash Flow	-3.46	-2.61	-1.84	-1.72	-1.63
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.07	-0.1	-0.08	-	-
Net Cash Flow	-1.08	-3.61	1.72	-2.48	1.61
Free Cash Flow	2.71	0.21	3.89	-0.47	3.56
Free Cash Flow Growth	1207.73%	-94.67%	-	-	-35.94%
FCF Margin	2.61%	0.23%	4.76%	-0.63%	4.91%
Free Cash Flow Per Share	0.04	0.00	0.05	-0.01	0.05
Levered Free Cash Flow	1.66	-0.29	3.44	-0.98	2.33
Unlevered Free Cash Flow	1.99	-0.23	3.44	-0.66	2.63