Embark Early Education Cash Flow Statement

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	10.58	9.04	8.28	-40.25	0.7	9.42
Depreciation & Amortization	4.83	3.76	3.27	4.32	2.42	13.52
Other Amortization	-	-	-	-	-	0.07
Loss (Gain) From Sale of Assets	-	-	0.01	1.02	-0.01	-0.09
Asset Writedown & Restructuring Costs	-	-	-	-	-	-0.02
Stock-Based Compensation	-	-	-	-	0.24	-
Provision & Write-off of Bad Debts	-	-	0.25	-	-	-
Other Operating Activities	6.2	7.75	6.17	16.21	13.11	14.23
Change in Accounts Receivable	-1.11	-1.11	0.41	-0.58	-	-
Change in Accounts Payable	-1.08	-1.08	-0.18	5.11	6.01	-14.99
Change in Unearned Revenue	-	-	-	-9.9	3.2	-8.91
Change in Income Taxes	-1.13	-1.13	2.35	-1.86	-0.21	4.22
Change in Other Net Operating Assets	0.94	0.94	-1.48	1.16	1.54	14.62
Operating Cash Flow	18	16.92	17.72	19.22	38.47	32.07
Operating Cash Flow Growth	-12.48%	-4.49%	-7.82%	-50.03%	19.96%	39.72%
Capital Expenditures	-0.97	-0.92	-0.45	-3.72	-3.08	-2.88
Sale of Property, Plant & Equipment	-	-	-	29.2	0.07	0.11
Cash Acquisitions	-24.58	-35.93	-0.06	-5.02	-37.52	-0.25
Divestitures	-	-	-	-	-	0.12
Investment in Securities	3.47	2.46	6.09	-3.8	-0.97	-5.06
Investing Cash Flow	-22.07	-34.38	5.58	16.67	-41.5	-7.95
Short-Term Debt Issued	-	4.26	-	-	-	-
Total Debt Issued	6.32	4.26	-	-	-	45.78
Long-Term Debt Repaid	-	-7.58	-6.27	-55.68	-7.59	-
Total Debt Repaid	-9.36	-7.58	-6.27	-55.68	-7.59	-28.58
Net Debt Issued (Repaid)	-3.04	-3.32	-6.27	-55.68	-7.59	17.19
Issuance of Common Stock	18.19	18.19	-	-	22.14	-
Common Dividends Paid	-10.66	-9.94	-6.39	-	-	-
Other Financing Activities	-0.96	-0.96	-	-2.67	-20.62	-17.6
Financing Cash Flow	3.53	3.97	-12.66	-64.27	-6.07	-0.41
Foreign Exchange Rate Adjustments	-0	-0	-0	-0.23	-1.78	1.28
Miscellaneous Cash Flow Adjustments	-	-	-	-0	-	-
Net Cash Flow	-0.54	-13.49	10.64	-28.61	-10.88	24.99
Free Cash Flow	17.03	16.01	17.27	15.5	35.39	29.19
Free Cash Flow Growth	-15.18%	-7.29%	11.37%	-56.19%	21.23%	57.14%
Free Cash Flow Margin	17.63%	19.61%	27.35%	28.47%	85.43%	22.87%
Free Cash Flow Per Share	0.09	0.09	0.11	0.10	0.23	0.21
Cash Interest Paid	-	-	-	2.67	19.02	15.91
Cash Income Tax Paid	9.02	5.95	1.74	4.23	2.46	0.61
Levered Free Cash Flow	10.18	10.58	9.48	-22.57	6.44	-
Unlevered Free Cash Flow	16.4	15.52	13.35	-17.37	11.04	-
Change in Working Capital	-3.62	-3.62	-0.25	-6.07	10.53	-5.06

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