Vext Science Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-17.99	-22.44	4.4	10.92	4.99
Depreciation & Amortization	15.88	15.18	9.59	6.43	3.29
Other Amortization	-	0.09	0.99	-	-
Loss (Gain) From Sale of Assets	-	0.15	0.34	-	-
Asset Writedown & Restructuring Costs	5.02	-	-	-	-0
Loss (Gain) on Equity Investments	-	3.65	-1.93	0.47	0.54
Stock-Based Compensation	0.05	0.7	0.38	1.45	0.95
Provision & Write-off of Bad Debts	-	-	1.25	-	-
Other Operating Activities	0.5	7.39	-15.01	-6.28	4
Change in Accounts Receivable	-0.02	0.1	1.44	-1.24	-4.67
Change in Inventory	14.21	6.89	2.69	0.86	0.64
Change in Accounts Payable	-0.35	1.42	-0.11	0.22	0.45
Change in Income Taxes	4.29	-	-	-	-
Change in Other Net Operating Assets	-9.86	-9.84	0.38	-7.11	1.07
Operating Cash Flow	11.71	3.29	4.42	5.72	11.26
Operating Cash Flow Growth	256.14%	-25.68%	-22.68%	-49.16%	263.31%
Capital Expenditures	-3.57	-1.47	-2.74	-8.86	-18.78
Sale of Property, Plant & Equipment	-	-	5.88	-	-
Cash Acquisitions	-2.08	-3.13	-6.61	-8.01	-
Investment in Securities	-	-0.22	-0.04	-0.5	-0.65
Other Investing Activities	-0.01	-0.62	-1.31	-12.94	-7.86
Investing Cash Flow	-5.66	-5.44	-4.82	-30.31	-27.3
Long-Term Debt Issued	-	1.67	1	32.11	4.66
Long-Term Debt Repaid	-5.6	-3.61	-14.16	-8.18	-0.89
Net Debt Issued (Repaid)	-5.6	-1.95	-13.16	23.93	3.76
Issuance of Common Stock	-	-	16.34	0.13	18.58
Other Financing Activities	-	-	-	-	-1.58
Financing Cash Flow	-5.6	-1.95	3.19	24.06	20.76
Net Cash Flow	0.46	-4.1	2.79	-0.53	4.72
Free Cash Flow	8.15	1.82	1.69	-3.14	-7.53
Free Cash Flow Growth	346.73%	8.04%	-	-	-
Free Cash Flow Margin	15.86%	5.07%	4.85%	-8.86%	-20.21%
Free Cash Flow Per Share	0.03	0.01	0.01	-0.02	-0.05
Cash Interest Paid	-	3.55	3.81	2.04	-
Levered Free Cash Flow	22.95	20.51	12.33	-11.29	-11.95
Unlevered Free Cash Flow	25.75	22.64	13.73	-10.02	-11.32
Change in Working Capital	8.27	-1.43	4.4	-7.27	-2.5

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