Perion Network 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	-7.93	12.61	114.96	97.48	38.71
Depreciation & Amortization	17.68	4.78	4.01	13.84	8.51
Other Amortization	-	11.66	10.08	-	1.39
Loss (Gain) From Sale of Assets	-0.04	-0.05	-0.03	-0.01	0.12
Asset Writedown & Restructuring Costs	1.32	6.9	-	-	-
Stock-Based Compensation	31.12	27.21	18.04	13.32	6.99
Other Operating Activities	-0.92	-6.99	11.6	-12.06	-2.27
Change in Accounts Receivable	-	66.06	-5.33	-45.24	-34.24
Change in Accounts Payable	-	-96.36	6.88	48.19	35.22
Change in Unearned Revenue	-	-0.25	-1.09	-1.47	-1.85
Change in Other Net Operating Assets	0.71	-18.63	-3.66	8.08	18.53
Operating Cash Flow	41.93	6.94	155.46	122.12	71.11
Operating Cash Flow Growth	504.22%	-95.54%	27.30%	71.74%	220.89%
Capital Expenditures	-3.76	-6.87	-0.81	-1.06	-0.63
Sale of Property, Plant & Equipment	-	0.05	0.03	0.01	0.1
Cash Acquisitions	-26.57	-	-101.92	-9.57	-38.44
Sale (Purchase) of Intangibles	-1.94	-	-	-	-
Investment in Securities	-5.13	69.43	-30.65	-36.2	-204.5
Investing Cash Flow	-37.4	62.6	-133.35	-46.82	-243.47
Long-Term Debt Repaid	-0.45	-	-	-	-8.33
Total Debt Repaid	-0.45	-	-	-	-8.33
Net Debt Issued (Repaid)	-0.45	-	-	-	-8.33
Issuance of Common Stock	0.61	0.55	2.43	5.83	237.39
Repurchase of Common Stock	-71.21	-46.92	-	-	-
Other Financing Activities	-	-54.54	-13.26	-9.09	-
Financing Cash Flow	-71.05	-100.91	-10.82	-3.26	229.05
Foreign Exchange Rate Adjustments	0.33	-0.21	0.14	-0.06	-0.03
Net Cash Flow	-66.19	-31.59	11.43	71.99	56.66
Free Cash Flow	38.17	0.07	154.65	121.06	70.48
Free Cash Flow Growth	56868.66%	-99.96%	27.75%	71.77%	224.79%
Free Cash Flow Margin	8.68%	0.01%	20.81%	18.91%	14.73%
Free Cash Flow Per Share	0.91	0.00	3.09	2.52	1.86
Cash Interest Paid	-	0.01	0.01	0.01	0.2
Cash Income Tax Paid	-	13.1	18.03	7.69	4.37
Levered Free Cash Flow	43.91	-71.7	139.48	82.16	88.77
Unlevered Free Cash Flow	43.91	-71.7	139.48	82.16	88.84
Change in Working Capital	0.71	-49.18	-3.21	9.56	17.66

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