Pro Medicus Cash Flow Statement

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	234.7	115.22	82.79	60.65	44.44	30.85
Depreciation & Amortization	1.15	0.99	0.85	0.83	0.81	0.8
Other Amortization	6.59	6.24	7.66	7.09	6.5	6.4
Loss (Gain) From Sale of Investments	0.1	0.1	0.54	0.21	1.07	-
Stock-Based Compensation	2.88	2.88	1.93	1.23	0.03	0.68
Other Operating Activities	-111.38	-7.91	-3.67	-3.41	-3.97	-0.37
Change in Accounts Receivable	-16.32	-16.32	-9.99	-13.48	-3.59	-9.54
Change in Inventory	-0.05	-0.05	0.01	0.02	-0.04	0
Change in Accounts Payable	2.96	2.96	3.4	1.5	1.58	0.68
Change in Unearned Revenue	5.64	5.64	6.88	7.27	2.86	4.25
Change in Income Taxes	1.7	1.7	-4.14	0.24	4.6	3.88
Change in Other Net Operating Assets	-0.28	-0.28	0.52	0.27	0.35	0.22
Operating Cash Flow	127.84	111.33	81.98	62.54	61.58	38.84
Operating Cash Flow Growth	25.70%	35.81%	31.09%	1.56%	58.54%	23.62%
Capital Expenditures	-0.47	-0.44	-0.31	-0.3	-0.24	-0.13
Sale (Purchase) of Intangibles	-7.55	-6.94	-6.39	-6.15	-8.79	-7.57
Investment in Securities	-15.87	-6.74	-71.38	-3.35	-8.53	-19.7
Other Investing Activities	8.17	7.54	4.8	2.24	0.65	0.18
Investing Cash Flow	-15.73	-6.58	-73.28	-7.56	-16.91	-27.22
Long-Term Debt Repaid	-	-0.65	-0.52	-0.57	-0.51	-0.5
Net Debt Issued (Repaid)	-0.75	-0.65	-0.52	-0.57	-0.51	-0.5
Repurchase of Common Stock	-17.99	-7.85	-2.77	-0.85	-4.02	-
Common Dividends Paid	-57.48	-49.11	-36.55	-26.11	-18.79	-13.55
Financing Cash Flow	-76.22	-57.62	-39.84	-27.53	-23.31	-14.05
Foreign Exchange Rate Adjustments	-0.52	0.29	-0.05	0.14	0.26	1.05
Net Cash Flow	35.37	47.43	-31.19	27.59	21.62	-1.37
Free Cash Flow	127.37	110.89	81.67	62.24	61.34	38.71
Free Cash Flow Growth	25.73%	35.78%	31.23%	1.46%	58.45%	24.65%
Free Cash Flow Margin	52.95%	52.07%	50.57%	49.83%	65.63%	56.88%
Free Cash Flow Per Share	1.22	1.06	0.78	0.59	0.59	0.37
Cash Interest Paid	0.11	0.11	0.08	0.08	0.1	0.11
Cash Income Tax Paid	52.16	46.22	38.85	23.46	7.18	7.19
Levered Free Cash Flow	102.71	91.53	69.2	46.18	42.34	24
Unlevered Free Cash Flow	102.71	91.53	69.2	46.18	42.34	24
Change in Working Capital	-13.13	-13.13	-8.45	-5.8	9.42	-1.28

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.