The Pebble Group Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	6.88	8.08	7.41	9.7	9.87
Depreciation & Amortization	8.13	8.52	7.43	6.57	4.8
Stock-Based Compensation	0.33	-0.46	0.55	1.25	0.72
Other Adjustments	0.48	0.55	0.57	0.54	-0.01
Change in Receivables	-2.15	-0.64	4.54	-5.27	-8.43
Changes in Inventories	0.87	-0.29	3.6	-5.35	2.02
Changes in Accounts Payable	-0.45	-0.29	-7.42	7.26	3.56
Changes in Income Taxes Payable	-0.82	-2.66	-2.52	-1.71	-0.52
Operating Cash Flow	13.26	12.82	14.15	12.99	11.98
Operating Cash Flow Growth	3.45%	-9.41%	8.96%	8.38%	94.78%
Capital Expenditures	-0.39	-0.2	-0.88	-0.95	-0.68
Purchases of Intangible Assets	-4.5	-6.56	-7.65	-7.43	-4.6
Investing Cash Flow	-4.89	-6.76	-8.53	-8.38	-5.28
Repurchase of Common Stock	-9.64	-1.53	-0.4	-	-
Net Common Stock Issued (Repurchased)	-9.64	-1.53	-0.4	-	-
Common Dividends Paid	-2.96	-2.01	-1.01	-	-
Other Financing Activities	-2.03	-2.15	-2.19	-2.26	-1.91
Financing Cash Flow	-14.64	-5.68	-3.59	-2.26	-1.91
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.56	0.19	-1.19	0.66	0.19
Net Cash Flow	-6.82	0.56	0.84	3.01	4.99
Free Cash Flow	12.87	12.62	13.27	12.04	11.3
Free Cash Flow Growth	2.02%	-4.92%	10.19%	6.54%	111.43%
FCF Margin	10.32%	10.07%	10.69%	8.98%	9.82%
Free Cash Flow Per Share	0.08	0.08	0.08	0.07	0.07
Levered Free Cash Flow	12.72	11.45	6	13.43	16.52
Unlevered Free Cash Flow	13.09	11.88	6.46	13.84	16.95