Medallion Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	35.88	55.08	43.84	54.11
Depreciation & Amortization	6.22	5.24	5.23	4.12
Other Amortization	9.17	9.59	8.71	10.4
Loss (Gain) From Sale of Assets	-	-	-	-0.72
Loss (Gain) From Sale of Investments	-6.92	-5.18	-2.78	-17.38
Stock-Based Compensation	6.05	4.71	3.48	2.26
Provision & Write-off of Bad Debts	76.5	37.81	30.06	4.62
Other Operating Activities	4.22	4.41	5.32	-1.89
Change in Accounts Receivable	-1.78	-0.93	-1.99	-0.28
Change in Accounts Payable	-8.74	6.21	6.38	2.69
Change in Other Net Operating Assets	-3.42	-2.84	3.21	2.47
Operating Cash Flow	115.51	113.76	108.74	78.73
Operating Cash Flow Growth	1.54%	4.62%	38.13%	0.03%
Divestitures	-	-	-	17.68
Investment in Securities	8.64	-2.13	-5.95	16.29
Investing Cash Flow	-335.78	-340.7	-449.01	-238.32
Issuance of Common Stock	0.26	0.44	0.16	0.24
Repurchase of Common Stock	-5.55	-0.77	-20.62	-
Common Dividends Paid	-9.39	-7.7	-7.54	-
Other Financing Activities	254.68	279.21	349.39	171.8
Financing Cash Flow	239.99	271.18	321.38	172.04
Net Cash Flow	19.73	44.25	-18.89	12.44
Cash Interest Paid	82.76	57.51	31.98	29.87
Cash Income Tax Paid	22.46	25.1	8.85	5.48
Levered Free Cash Flow	-207.74	-195.1	-349.21	-201.39
Unlevered Free Cash Flow	-161.81	-165.35	-335.31	-192.32
Change in Working Capital	-15.61	2.1	14.89	23.21

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