Northern Bear PLC (AIM:NTBR)

Northern Bear Cash Flow Statement

Financials in millions GBP. Fiscal year is April - March.

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	-	3.39	2.43	2.15	-0.7
Depreciation & Amortization	1.76	1.54	1.42	1.22	1
Stock-Based Compensation	0.04	0.02	-	-	-
Other Adjustments	-0.47	0.63	-0.02	-0.03	2.6
Change in Receivables	1.03	0.24	-1	-0.71	-
Changes in Inventories	0.04	-0.03	-0.05	-0.04	-
Changes in Accounts Payable	-0.64	1.94	-1.73	0.19	-
Changes in Income Taxes Payable	-0.61	-0.3	-0.19	-0.03	-0.1
Changes in Other Operating Activities	-	-0.33	-0.19	-0.16	-0.8
Operating Cash Flow	6.28	7.43	0.87	2.59	2
Operating Cash Flow Growth	-15.50%	752.52%	-66.29%	29.35%	-40.76%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-2.01	-1.94	-2	-1.47	-1.2
Sale of Property, Plant & Equipment	0.88	0.48	0.82	0.52	-
Cash Acquisitions	-	-	-	-	-0.1
Other Investing Activities	0.12	-	-	-	-
Investing Cash Flow	-1.01	-1.41	-1.18	-0.95	-1.3

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	-	3.5	-	1
Long-Term Debt Repaid	-2.4	-2.38	-1.24	-1.72	-0.6
Net Long-Term Debt Issued (Repaid)	-2.4	-2.38	2.26	-1.72	0.4
Issuance of Common Stock	-	0.01	0.01	-	-
Repurchase of Common Stock	-	-	-3.1	-	-
Net Common Stock Issued (Repurchased)	-	0.01	-3.09	-	-
Common Dividends Paid	-0.48	-0.28	-0.84	-	-
Other Financing Activities	-0.21	-	-	-	-
Financing Cash Flow	-3.09	-3.03	-1.86	-1.72	0.4

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Cash Flow	2.19	3	-2.17	-0.08	1.1

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	4.28	5.5	-1.13	1.12	0.8
Free Cash Flow Growth	-22.19%	-	-	40.13%	-63.23%
FCF Margin	4.97%	7.04%	-1.64%	1.61%	1.31%
Free Cash Flow Per Share	0.30	0.40	-0.07	0.06	0.04
Levered Free Cash Flow	0.3	0.82	1.15	-0.42	-2.03
Unlevered Free Cash Flow	2.78	3.45	-0.89	1.48	2.75

Data Source: Fiscal.ai Last updated: Jul 16, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 27, 2026

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