Cannae Holdings 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
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
Net Income	-466.3	-304.6	-313.4	-428.1	-287	1,786
Depreciation & Amortization	27	27.8	38.3	44.6	49	55.8
Loss (Gain) From Sale of Assets	-3.8	13.2	16.1	-493.4	309.2	-2,363
Asset Writedown & Restructuring Costs	-	-	-	-	-	19.6
Loss (Gain) From Sale of Investments	88.6	141.7	114.8	677.3	-	-
Loss (Gain) on Equity Investments	185.2	50.4	194.2	198.6	-48.9	69.3
Stock-Based Compensation	20.5	19	3.5	1.5	2.4	4.2
Other Operating Activities	7.4	-5.5	-10.7	30.3	0.6	-26.4
Change in Accounts Payable	11.4	-19.4	-19.4	-36.7	-1.2	26
Change in Income Taxes	24	-1.7	-81.5	-190.3	-204	374.2
Change in Other Net Operating Assets	-13.7	-11	-29.7	-8.9	3.8	-59.7
Operating Cash Flow	-46.1	-90.1	-87.8	-205.1	-176.1	-113.9
Capital Expenditures	-8.8	-7	-10	-14.3	-13.7	-22.3
Sale of Property, Plant & Equipment	1.8	6.8	7.3	9.2	10.4	4.4
Cash Acquisitions	-	-	-	-	-	8.6
Divestitures	-	-	-	-	63.2	-1.1
Investment in Securities	492	298.5	55.8	525.4	-319.1	-33.8
Other Investing Activities	-	-	-	0.9	-13.2	-30
Investing Cash Flow	485	298.3	53.1	521.2	-272.4	-74.2
Long-Term Debt Issued	-	103.7	65.7	308.6	206.6	45.2
Net Debt Issued (Repaid)	42.6	103.7	65.7	308.6	206.6	45.2
Issuance of Common Stock	-	-	-	-	-	455
Repurchase of Common Stock	-234.6	-235	-113.4	-229.5	-160.4	-15.2
Common Dividends Paid	-30.9	-22.4	-	-	-	-
Other Financing Activities	-142.9	-29.2	-59.1	-233.3	-236.6	-105.9
Financing Cash Flow	-365.8	-182.9	-106.8	-154.2	-190.4	379.1
Net Cash Flow	73.1	25.3	-141.5	161.9	-638.9	191
Free Cash Flow	-54.9	-97.1	-97.8	-219.4	-189.8	-136.2
Free Cash Flow Margin	-12.76%	-21.46%	-17.16%	-33.14%	-25.57%	-23.25%
Free Cash Flow Per Share	-0.91	-1.51	-1.33	-2.69	-2.11	-1.59
Cash Interest Paid	5.9	6.3	13.6	9.6	7	5.5
Cash Income Tax Paid	0.2	0.9	4.6	100	128.9	107.6
Levered Free Cash Flow	17.73	-48.94	-67.26	-122.61	-4.36	-46.29
Unlevered Free Cash Flow	26.79	-41.69	-56.08	-84.11	1.76	-40.66
Change in Working Capital	21.7	-32.1	-130.6	-235.9	-201.4	340.5

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