LBG Media Cash Flow Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	10.62	9.03	0.58	5.38	5.23
Depreciation & Amortization	4.5	4.52	3.19	2.32	2.02
Other Amortization	0.31	0.33	0.27	0.12	0.11
Loss (Gain) From Sale of Assets	-	-	-0.03	0.02	-
Asset Writedown & Restructuring Costs	-	0.16	0.32	-	-
Loss (Gain) on Equity Investments	-1.06	-0.61	-0.33	-	-0.12
Stock-Based Compensation	0.97	0.94	3.85	3.55	1.53
Other Operating Activities	-0.47	2.61	2.91	-0.6	2.51
Change in Accounts Receivable	-1.94	4.47	-4.15	-5.21	-2.73
Change in Accounts Payable	2.42	0.4	0.59	-6.97	3.78
Operating Cash Flow	15.34	21.84	7.2	-1.4	12.33
Operating Cash Flow Growth	-29.77%	203.30%	-	-	1329.93%
Capital Expenditures	-0.48	-0.59	-0.95	-0.54	-0.35
Cash Acquisitions	-	-8.79	-17.58	-	-
Sale (Purchase) of Intangibles	-0.39	-0.77	-1.05	-1.68	-0.3
Other Investing Activities	-4.55	-3.12	-0.03	-	-
Investing Cash Flow	-5.43	-13.27	-19.61	-2.22	0.56
Long-Term Debt Repaid	-2.08	-	-1.32	-1.23	-14.26
Total Debt Repaid	-2.08	-2.15	-1.32	-1.23	-14.26
Net Debt Issued (Repaid)	-2.08	-2.15	-1.32	-1.23	-14.26
Issuance of Common Stock	-	0	0	-	30.01
Repurchase of Common Stock	-4.01	-0	-	-	-
Other Financing Activities	-0.13	-0.23	0.38	-0.23	-1.24
Financing Cash Flow	-6.22	-2.38	-0.94	-1.45	14.52
Foreign Exchange Rate Adjustments	-0.03	-0.29	-0.12	-	-
Net Cash Flow	3.66	5.91	-13.47	-5.07	27.4
Free Cash Flow	14.86	21.26	6.25	-1.94	11.97
Free Cash Flow Growth	-30.08%	240.21%	-	-	1869.24%
Free Cash Flow Margin	16.11%	25.20%	9.25%	-3.09%	21.97%
Free Cash Flow Per Share	0.07	0.10	0.03	-0.01	0.07
Cash Interest Paid	0.18	0.25	0.14	0.12	0.25
Cash Income Tax Paid	7.94	3.33	2.9	2.69	0.68
Levered Free Cash Flow	14.29	-	9.22	-2.18	12.99
Unlevered Free Cash Flow	14.45	-	9.36	-2.1	13.14
Change in Working Capital	0.48	4.87	-3.56	-12.18	1.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.