GQG Partners Inc. (ASX:GQG)

GQG Partners Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	463.25	431.56	282.52	237.94	304.87
Depreciation & Amortization	1.09	0.43	0.43	0.33	0.17
Loss (Gain) From Sale of Investments	0.07	-5.92	-1.98	0.46	-0.74
Stock-Based Compensation	7.58	5.2	3.18	3.84	0.93
Other Operating Activities	16	14.69	19.64	18.11	3.65
Change in Accounts Payable	-1.74	0.87	3.61	0.73	-1.49
Change in Income Taxes	-3.49	-	-	-14.32	14.45
Change in Other Net Operating Assets	0.35	-27.65	-12.23	-1.79	-19.6
Operating Cash Flow	483.1	419.18	295.15	245.3	302.25
Operating Cash Flow Growth	15.25%	42.02%	20.32%	-18.84%	110.14%
Capital Expenditures	-3.06	-4.13	-0.68	-	-0.82
Investment in Securities	-	-85.86	-	-	-
Other Investing Activities	-0.23	-1.05	-0.7	-3.53	-4.07
Investing Cash Flow	-3.08	-106.04	-1.38	-3.53	-4.88
Short-Term Debt Issued	-	93.8	-	-	-
Total Debt Issued	-	93.8	-	-	-
Short-Term Debt Repaid	-	-93.8	-	-	-
Total Debt Repaid	-	-93.8	-	-	-
Issuance of Common Stock	-	-	-	-	890.13
Repurchase of Common Stock	-1.41	-1.18	-0.22	-	-865.42
Common Dividends Paid	-439.28	-370.23	-248.03	-278.47	-257.4
Other Financing Activities	-	87.5	-	-	-24.71
Financing Cash Flow	-440.69	-283.91	-248.25	-278.47	-257.4
Foreign Exchange Rate Adjustments	-0.52	0.28	-	-	-
Net Cash Flow	38.81	29.52	45.52	-36.69	39.97
Free Cash Flow	480.05	415.06	294.47	245.3	301.43
Free Cash Flow Growth	15.66%	40.95%	20.04%	-18.62%	109.57%
Free Cash Flow Margin	59.39%	54.58%	56.89%	56.16%	75.75%
Free Cash Flow Per Share	0.16	0.14	0.10	0.08	0.10
Cash Interest Paid	-	4.52	-	-	-
Cash Income Tax Paid	151.89	142.11	77.64	95.29	2.78
Levered Free Cash Flow	388.28	316.19	226.6	142.64	253.73
Unlevered Free Cash Flow	388.28	316.19	226.6	142.64	253.73
Change in Working Capital	-4.87	-26.78	-8.63	-15.37	-6.64

Source: S&P Global Market Intelligence. Standard template. Financial Sources.