Mesa Laboratories Cash Flow Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	-1.57	-1.97	-254.25	0.93	1.87	3.27
Depreciation & Amortization	24.8	24.53	31.57	33.13	25.07	17.66
Asset Writedown & Restructuring Costs	-	-	274.53	-	-	-
Stock-Based Compensation	14.07	13.14	11.94	12.54	11.39	9.27
Other Operating Activities	3.76	4.21	-25.64	-1.51	8.09	1.62
Change in Accounts Receivable	-0.62	-2.93	4.94	-2.12	-6.75	-0.65
Change in Inventory	-2.86	1.15	2.56	-10.18	-1.05	0.93
Change in Accounts Payable	-1.2	-0.39	-0.1	-1.55	1.37	0.97
Change in Unearned Revenue	-0.39	-0.94	-0.41	0.61	2.59	1.44
Change in Other Net Operating Assets	4.91	10	-1.03	-3.87	-3.35	2.56
Operating Cash Flow	40.91	46.81	44.13	27.98	39.22	37.07
Operating Cash Flow Growth	1.18%	6.06%	57.71%	-28.66%	5.80%	37.37%
Capital Expenditures	-3.67	-4.25	-2.57	-4.54	-4.43	-1.99
Cash Acquisitions	-	-	-78.74	-4.95	-300.79	-
Sale (Purchase) of Intangibles	-0.25	-0.25	-	-	-	-
Investing Cash Flow	-3.92	-4.5	-81.31	-9.49	-305.23	-1.99
Long-Term Debt Issued	-	73.47	71	-	70	-
Long-Term Debt Repaid	-	-115.81	-33.5	-36	-21	-
Net Debt Issued (Repaid)	-30.75	-42.35	37.5	-36	49	-
Issuance of Common Stock	2.64	2.64	0.36	7	8.03	150.88
Repurchase of Common Stock	-0.89	-0.89	-0.73	-0.92	-0.88	-0.52
Common Dividends Paid	-3.49	-3.47	-3.45	-3.41	-3.34	-3.17
Other Financing Activities	-10.3	-0.45	-0.85	-	-0.24	-0.97
Financing Cash Flow	-42.79	-44.51	32.84	-33.33	52.58	146.23
Foreign Exchange Rate Adjustments	1.89	1.31	-0.36	-1.6	-1.09	1.18
Net Cash Flow	-3.92	-0.89	-4.7	-16.44	-214.52	182.49
Free Cash Flow	37.24	42.56	41.57	23.44	34.79	35.08
Free Cash Flow Growth	3.18%	2.39%	77.34%	-32.63%	-0.83%	37.63%
Free Cash Flow Margin	15.18%	17.66%	19.23%	10.70%	18.87%	26.19%
Free Cash Flow Per Share	6.82	7.85	7.72	4.37	6.52	6.85
Cash Interest Paid	11.08	11.08	4.65	3.49	2.76	2.37
Cash Income Tax Paid	5.73	5.73	4.59	1.36	3.05	1.37
Levered Free Cash Flow	34.75	60.43	47.35	24.33	11.18	35.82
Unlevered Free Cash Flow	41.67	67.85	50.91	27.31	13.6	40.83
Change in Working Capital	-0.15	6.9	5.97	-17.11	-7.19	5.25

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