Qualitas Cash Flow Statement

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	33.41	26.18	22.34	18.17	12.48
Depreciation & Amortization	2.68	2.23	1.9	0.48	1.15
Loss (Gain) From Sale of Investments	-1.14	-1.15	0.26	-	-
Stock-Based Compensation	3.62	2.37	1.45	0.68	-
Other Operating Activities	-	-	-	-	-0.36
Change in Accounts Receivable	-24.33	68.39	-92.3	-33.34	-16.28
Change in Inventory	-1.71	-1.01	-0.35	-0.39	-0.57
Change in Accounts Payable	-0.11	7.07	3.87	0.45	0.61
Change in Unearned Revenue	-0.4	-1.4	-1.86	3.89	-0.38
Change in Income Taxes	0.05	7.66	-7.59	6.22	3.88
Change in Other Net Operating Assets	14.17	-35.55	46.37	73.14	48.27
Operating Cash Flow	21.48	72.39	-22.99	58.27	45.14
Operating Cash Flow Growth	-70.33%	-	-	29.08%	-
Capital Expenditures	-5.64	-0.33	-0.47	-0.5	-0.06
Cash Acquisitions	-	-	-	14.7	-
Divestitures	-11.47	-	-	-	-
Investing Cash Flow	-17.11	-0.33	-0.47	14.21	-0.06
Long-Term Debt Issued	25.05	16.79	69.71	-	41.46
Total Debt Issued	25.05	16.79	69.71	23.09	41.46
Long-Term Debt Repaid	-50.58	-64.05	-145.65	-	-66.46
Total Debt Repaid	-50.58	-64.05	-145.65	-116.76	-66.46
Net Debt Issued (Repaid)	-25.53	-47.26	-75.94	-93.67	-25
Issuance of Common Stock	0.21	0.11	0.02	502.5	-
Common Dividends Paid	-24.6	-22.9	-17.62	-	-5.6
Other Financing Activities	-0.05	-	0.36	-17.79	-
Financing Cash Flow	-49.96	-70.05	-93.18	391.04	-30.61
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	-45.6	2.01	-116.64	463.52	14.48
Free Cash Flow	15.83	72.06	-23.46	57.77	45.09
Free Cash Flow Growth	-78.03%	-	-	28.14%	-
Free Cash Flow Margin	13.49%	69.01%	-24.99%	83.23%	66.88%
Free Cash Flow Per Share	0.05	0.24	-0.08	0.24	27.66
Cash Interest Paid	7.98	20.41	20.47	10.65	13.2
Cash Income Tax Paid	19.12	5.24	13.21	6.92	0.38
Levered Free Cash Flow	284.53	145.67	-19.66	32.37	-408.24
Unlevered Free Cash Flow	289.52	158.43	-6.87	38.99	-399.99
Change in Working Capital	-17.09	42.76	-48.95	38.95	31.88

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