Orion 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	-70.1	44.2	103.5	106.2	134.7
Depreciation & Amortization	131.9	125.3	113	105.7	104.1
Other Amortization	2	1.5	2.7	1.9	4.1
Asset Writedown & Restructuring Costs	80.8	-	-	-	-
Stock-Based Compensation	13.6	15.3	15.4	7.7	5.2
Other Operating Activities	-14.7	-19.6	3.2	-1.5	11.8
Change in Accounts Receivable	17.4	13.8	131.2	-95.6	-67.6
Change in Inventory	36.5	-19.6	-7.7	-60.1	-94.9
Change in Accounts Payable	15.3	-14.8	1.6	9.2	65
Change in Income Taxes	1.4	-17.8	-2.1	20.3	-6.3
Change in Other Net Operating Assets	1.7	-3	-14.9	-12.8	-10.9
Operating Cash Flow	215.8	125.3	345.9	81	145.2
Operating Cash Flow Growth	72.23%	-63.78%	327.04%	-44.21%	15.88%
Capital Expenditures	-161	-206.7	-172.8	-232.8	-214.7
Investing Cash Flow	-161	-206.7	-172.8	-232.8	-214.7
Short-Term Debt Issued	153.4	263.1	284.4	223.2	188.4
Long-Term Debt Issued	-	-	12.6	47.8	213.4
Total Debt Issued	153.4	263.1	297	271	401.8
Short-Term Debt Repaid	-151.6	-138.1	-417.9	-107.7	-112.6
Long-Term Debt Repaid	-8.9	-4.1	-3	-3	-213
Total Debt Repaid	-160.5	-142.2	-420.9	-110.7	-325.6
Net Debt Issued (Repaid)	-7.1	120.9	-123.9	160.3	76.2
Repurchase of Common Stock	-24.8	-26.6	-65.6	-4.3	-
Common Dividends Paid	-4.7	-4.8	-4.9	-5	-
Other Financing Activities	-4.6	-0.2	-2.7	-1.7	-2.9
Financing Cash Flow	-41.2	89.3	-197.1	149.3	73.3
Foreign Exchange Rate Adjustments	2.9	-3.4	0.8	-2.6	-3.2
Net Cash Flow	16.5	4.5	-23.2	-5.1	0.6
Free Cash Flow	54.8	-81.4	173.1	-151.8	-69.5
Free Cash Flow Margin	3.03%	-4.34%	9.14%	-7.47%	-4.49%
Free Cash Flow Per Share	0.97	-1.39	2.89	-2.47	-1.14
Cash Income Tax Paid	41.2	47.3	56.1	23.9	37.6
Levered Free Cash Flow	66.25	-7.43	175.46	-135.56	-126.15
Unlevered Free Cash Flow	98.88	20.95	202.08	-114.71	-110.5
Change in Working Capital	72.3	-41.4	108.1	-139	-114.7

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