Fonix Cash Flow Statement

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	11.15	10.62	8.8	8.03	6.06
Depreciation & Amortization	0.14	0.13	0.36	0.13	0.13
Other Amortization	0.87	0.69	0.56	0.46	0.38
Stock-Based Compensation	0.09	0.1	0.13	0.1	0.07
Other Operating Activities	-1.13	-0.63	-0.03	0.18	-0.02
Change in Accounts Receivable	2.18	0.11	-4.08	-7.1	-3.73
Change in Accounts Payable	-5.76	4.3	6.12	4.12	-10.15
Operating Cash Flow	7.54	15.32	11.85	5.92	-7.26
Operating Cash Flow Growth	-50.80%	29.29%	100.02%	-	-
Capital Expenditures	-0.02	-0.02	-0.02	-0.02	-0.01
Sale (Purchase) of Intangibles	-1.29	-1.06	-1.04	-0.61	-0.54
Other Investing Activities	0.83	1.13	0.34	0.01	0.02
Investing Cash Flow	-0.48	0.05	-0.72	-0.62	-0.53
Long-Term Debt Repaid	-0.12	-0.12	-0.12	-0.11	-0.14
Net Debt Issued (Repaid)	-0.12	-0.12	-0.12	-0.11	-0.14
Issuance of Common Stock	0.09	0.12	-	-	-
Repurchase of Common Stock	-	-2.04	-0.5	-	-
Common Dividends Paid	-8.52	-7.48	-6.86	-5.53	-3.34
Other Financing Activities	-0.02	-0.02	-0	-0.01	-0.01
Financing Cash Flow	-11.54	-9.54	-7.48	-5.65	-3.49
Net Cash Flow	-4.48	5.83	3.66	-0.34	-11.28
Free Cash Flow	7.52	15.3	11.83	5.91	-7.27
Free Cash Flow Growth	-50.87%	29.34%	100.27%	-	-
Free Cash Flow Margin	10.33%	20.11%	18.22%	11.01%	-15.24%
Free Cash Flow Per Share	0.07	0.15	0.12	0.06	-0.07
Cash Interest Paid	0.02	0.02	0	0.01	0.01
Cash Income Tax Paid	3.57	2.84	1.75	1.37	1.35
Levered Free Cash Flow	4.32	12.66	8.9	3.23	-9.34
Unlevered Free Cash Flow	4.33	12.67	8.91	3.24	-9.34
Change in Working Capital	-3.58	4.41	2.03	-2.97	-13.88

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