Innoviva 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	127.34	23.39	179.72	213.92	265.85	224.4
Depreciation & Amortization	26.28	26.03	21.88	5.69	0.01	0.02
Other Amortization	15.89	15.93	15.89	15.88	22.96	22.22
Loss (Gain) From Sale of Assets	-	-	-	-266.7	-	-
Asset Writedown & Restructuring Costs	9.37	-	-	-	-	-
Loss (Gain) From Sale of Investments	11.82	123.41	-88.52	153.29	-89.31	-50.62
Stock-Based Compensation	8.62	6.37	5.84	7.35	2.02	1.7
Other Operating Activities	12.73	0.48	31.05	65.43	179.16	129.72
Change in Accounts Receivable	-2.46	-2.29	-20	9.79	-16.78	-14.5
Change in Inventory	-11.51	-6.81	-12	0.28	-	-
Change in Accounts Payable	2.07	-4.59	3.78	0.09	-0.04	0.06
Change in Unearned Revenue	12.85	-0.15	-0.82	-0.76	-	-
Change in Income Taxes	41.35	41.48	1.73	10.03	-	-
Change in Other Net Operating Assets	-52.69	-34.58	2.53	-12.57	-0.05	0.13
Operating Cash Flow	201.66	188.69	141.06	201.73	363.81	313.11
Operating Cash Flow Growth	23.94%	33.76%	-30.07%	-44.55%	16.19%	21.62%
Capital Expenditures	-1.12	-0.27	-0.41	-0.07	-	-0.01
Sale of Property, Plant & Equipment	0	0.1	-	-	-	-
Cash Acquisitions	-	-	-	-136.03	-	-
Sale (Purchase) of Intangibles	-13.37	-4	-	-	-	-
Investment in Securities	15.87	-59.62	-66.35	79.47	43.72	-314.92
Investing Cash Flow	1.38	-63.79	-66.76	-56.63	43.72	-314.94
Long-Term Debt Issued	-	-	-	252.54	-	-
Long-Term Debt Repaid	-	-	-96.2	-165.13	-	-
Net Debt Issued (Repaid)	-0.03	-	-96.2	87.41	-	-
Issuance of Common Stock	13.01	1.47	0.17	0.37	1.17	0.44
Repurchase of Common Stock	-0.14	-14.92	-75.81	-8.59	-394.21	-0.09
Other Financing Activities	-	-	-	-134.76	-59.46	-30.13
Financing Cash Flow	12.85	-13.45	-171.84	-55.57	-452.5	-29.79
Net Cash Flow	215.88	111.45	-97.54	89.52	-44.96	-31.61
Free Cash Flow	200.54	188.42	140.65	201.66	363.81	313.1
Free Cash Flow Growth	23.57%	33.96%	-30.25%	-44.57%	16.20%	21.62%
Free Cash Flow Margin	51.62%	52.53%	45.30%	60.86%	92.84%	92.97%
Free Cash Flow Per Share	2.22	2.54	1.62	2.12	3.86	2.76
Cash Interest Paid	10.35	10.36	11.38	11.74	9.93	9.93
Cash Income Tax Paid	13.07	11.79	-	53.86	-	-
Levered Free Cash Flow	132.9	151.13	123.24	143.42	230.52	199.79
Unlevered Free Cash Flow	142.18	162.9	133.15	151.23	233.3	202.85
Change in Working Capital	-10.38	-6.93	-24.79	6.87	-16.87	-14.32

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