Galaxy Digital Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	89.97	78.86	454.76	-522.68	402.08	103.39	Upgrade
Loss (Gain) From Sale of Investments	-	-	-390.88	252.52	-	-	Upgrade
Loss (Gain) on Equity Investments	-122.22	-122.22	-97.24	333.98	-506.65	-103.39	Upgrade
Other Operating Activities	-362.41	64.86	36.48	-112.47	61.36	-	Upgrade
Change in Accounts Receivable	-5.36	-	-	-0.01	-0	-	Upgrade
Change in Accounts Payable	-7.89	-	-	-	-	-	Upgrade
Change in Income Taxes	-10.23	-10.23	2.54	45.77	23.67	-	Upgrade
Change in Other Net Operating Assets	917.99	-29.81	-22.17	-73.89	-	-	Upgrade
Operating Cash Flow	565.67	-18.55	-16.52	-76.77	-19.55	-	Upgrade
Investment in Securities	170.62	-85.31	6.86	107.4	12.24	-49.28	Upgrade
Investing Cash Flow	-338.21	-85.31	6.86	107.4	12.24	-49.28	Upgrade
Issuance of Common Stock	525.26	125.35	11.11	5.95	34.13	50	Upgrade
Repurchase of Common Stock	-53.24	-20.52	-10.67	-53.35	-	-	Upgrade
Other Financing Activities	370.98	-	-	-	-	-0.72	Upgrade
Financing Cash Flow	493.48	104.84	0.44	-47.4	34.13	49.28	Upgrade
Net Cash Flow	720.94	0.98	-9.22	-16.77	26.82	-	Upgrade
Cash Income Tax Paid	-	-4.63	-2.83	3.12	19.67	-	Upgrade
Levered Free Cash Flow	10,358	-18.75	5.52	-24.97	67.41	-	Upgrade
Unlevered Free Cash Flow	10,371	-18.75	5.52	-24.97	67.41	-	Upgrade
Change in Working Capital	894.51	-40.04	-19.64	-28.13	23.67	-	Upgrade

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