Criteo 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	144.6	111.57	53.26	8.95	134.46
Depreciation & Amortization	114.42	101.19	99.65	89.02	90.93
Loss (Gain) From Sale of Assets	1.73	1.92	-7.93	-0.19	1.97
Asset Writedown & Restructuring Costs	7.9	-	-	-	-
Stock-Based Compensation	57.85	106.61	97.19	65.03	44.53
Other Operating Activities	-1.92	-14.46	-84.16	33.09	-9.36
Change in Accounts Receivable	245.98	-28.52	-56.34	-41.91	-134.95
Change in Accounts Payable	-265.4	-17.16	87.94	133.79	82.69
Change in Other Net Operating Assets	6.07	-2.99	34.64	-31.8	10.65
Operating Cash Flow	311.24	258.16	224.25	255.99	220.91
Operating Cash Flow Growth	20.56%	15.12%	-12.40%	15.88%	19.18%
Capital Expenditures	-102.74	-78.11	-116.12	-63.82	-54.98
Sale of Property, Plant & Equipment	2.01	1.48	1.8	7.97	-
Cash Acquisitions	-	-0.53	-6.83	-138.03	-10.42
Investment in Securities	-0.41	-20.74	12.42	27.75	-12.94
Other Investing Activities	-	-	-	-	1.97
Investing Cash Flow	-101.13	-97.9	-108.71	-166.12	-76.37
Long-Term Debt Issued	-	-	0.24	-	-
Long-Term Debt Repaid	-	-	-	-0.27	-5.29
Net Debt Issued (Repaid)	-	-	0.24	-0.27	-5.29
Issuance of Common Stock	1.9	4.55	1.95	1.03	25.2
Repurchase of Common Stock	-152.06	-224.6	-125.49	-135.69	-100.03
Other Financing Activities	-1.31	-50.45	-23.95	21.88	-
Financing Cash Flow	-151.48	-270.5	-147.25	-113.04	-80.12
Foreign Exchange Rate Adjustments	-7.21	-10.16	-5.14	-44.15	-36.91
Net Cash Flow	51.42	-120.4	-36.86	-67.33	27.52
Free Cash Flow	208.5	180.05	108.13	192.17	165.93
Free Cash Flow Growth	15.80%	66.51%	-43.73%	15.81%	40.54%
Free Cash Flow Margin	10.72%	9.31%	5.55%	9.53%	7.36%
Free Cash Flow Per Share	3.81	3.07	1.79	3.06	2.58
Cash Interest Paid	1.58	1.36	1.54	1.3	1.49
Cash Income Tax Paid	64.93	40.71	40.13	38.12	28.77
Levered Free Cash Flow	199.31	206.89	112.33	325.72	140.97
Unlevered Free Cash Flow	199.31	208.03	113.74	326.99	142.39
Change in Working Capital	-13.35	-48.67	66.23	60.08	-41.61

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