Porto Aviation Group S.p.A. (BIT:PAG)

Porto Aviation Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1.05	0.24	0.2	-0.45	-0.06
Depreciation & Amortization	0.01	0.06	0.26	0.2	0.22
Other Amortization	0.27	0.2	-	-	-
Loss (Gain) From Sale of Assets	-	0	-	-0.1	-0.01
Other Operating Activities	0.02	0.06	0.28	0.31	-0.01
Change in Accounts Receivable	-0.02	0.16	-0.2	0.01	0.01
Change in Inventory	-0.29	-0.45	-0.22	0.2	-0.3
Change in Accounts Payable	0.02	0.08	-0.02	-0.08	0.21
Change in Other Net Operating Assets	-0.04	0.11	-0.72	0.08	-0.07
Operating Cash Flow	1.01	0.45	-0.43	0.19	-0.01
Capital Expenditures	-0.08	-0.03	-0.02	-0.37	-0.19
Sale of Property, Plant & Equipment	-	-	-	0.2	0.05
Sale (Purchase) of Intangibles	-0.18	-0	-0.48	-0	-0.02
Investment in Securities	0	0.5	-1	-	-0
Investing Cash Flow	-0.26	0.46	-1.5	-0.17	-0.15
Short-Term Debt Issued	-	-	0	0.01	-
Long-Term Debt Issued	-	1.37	0.86	0.23	0.2
Total Debt Issued	1.38	1.37	0.87	0.24	0.2
Short-Term Debt Repaid	-	-0	-	-	-
Long-Term Debt Repaid	-	-0.9	-0.25	-0.04	-0.12
Total Debt Repaid	-0.9	-0.9	-0.25	-0.04	-0.12
Net Debt Issued (Repaid)	0.47	0.47	0.62	0.2	0.08
Issuance of Common Stock	-	-	1.56	-	-
Repurchase of Common Stock	-0.14	-0.09	-	-	-
Financing Cash Flow	0.22	0.38	2.18	0.2	0.08
Net Cash Flow	0.97	1.28	0.25	0.22	-0.08
Free Cash Flow	0.93	0.42	-0.44	-0.18	-0.19
Free Cash Flow Margin	17.30%	10.64%	-13.89%	-7.04%	-10.81%
Free Cash Flow Per Share	-	0.18	-	-	-
Cash Income Tax Paid	0.04	0.04	0	-	-
Levered Free Cash Flow	0.36	0.3	-0.92	1.21	-
Unlevered Free Cash Flow	0.36	0.3	-0.91	1.21	-
Change in Working Capital	-0.34	-0.11	-1.16	0.22	-0.15

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