FRA:MS8 Cash Flow Statement

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

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	-16.56	-22.44	58.77	47.79	51.13	-13.95
Depreciation & Amortization	3.25	3.22	3.16	3.58	5.04	5.57
Loss (Gain) From Sale of Investments	-10.65	11.54	10.59	-26.56	0.46	-
Stock-Based Compensation	18.71	17.94	21.29	25.2	24.25	30.44
Provision & Write-off of Bad Debts	-	-	-	-	-	-0.18
Other Operating Activities	-36.02	-46.23	0.13	16.19	24.06	-74.52
Change in Accounts Receivable	-10.79	7.93	6.36	5.98	26.96	-66.62
Change in Accounts Payable	1.57	-0.57	0.8	-2.08	8.95	-0.08
Change in Unearned Revenue	-18.98	15.02	-19.89	7.59	0.77	34.58
Change in Other Net Operating Assets	72.95	105.22	10.92	74.79	36.44	49.43
Operating Cash Flow	3.48	91.61	92.13	152.47	178.06	-35.33
Operating Cash Flow Growth	-97.65%	-0.57%	-39.58%	-14.37%	-	-
Capital Expenditures	-3.96	-3.62	-1.45	-1.18	-0.93	-0.47
Divestitures	-	-	-	-3.02	-	-
Investment in Securities	-3.5	-3.4	-7.45	-13.55	-2	-
Other Investing Activities	0.1	0.1	-	-	-	-
Investing Cash Flow	-7.36	-6.92	-8.9	-17.76	-2.93	-0.47
Short-Term Debt Issued	-	-	-	-	-	30
Long-Term Debt Issued	-	-	75	215	-	30
Total Debt Issued	-	-	75	215	-	60
Long-Term Debt Repaid	-	-14	-95	-140	-135	-25
Net Debt Issued (Repaid)	-14	-14	-20	75	-135	35
Repurchase of Common Stock	-11.1	-11.77	-8.08	-92.96	-18.31	-13.89
Common Dividends Paid	-0.51	-0.63	-0.7	-	-	-
Other Financing Activities	-5.07	-	-	3.61	-2.84	-3.95
Financing Cash Flow	-30.67	-26.41	-28.79	-185.27	-156.14	17.16
Net Cash Flow	-34.55	58.28	54.45	-50.56	18.98	-18.64
Free Cash Flow	-0.48	87.99	90.68	151.29	177.12	-35.79
Free Cash Flow Growth	-	-2.97%	-40.06%	-14.58%	-	-
Free Cash Flow Margin	-0.04%	8.47%	8.83%	17.05%	21.57%	-8.61%
Free Cash Flow Per Share	-0.02	3.65	3.76	6.25	7.26	-1.48
Cash Interest Paid	15.96	17.61	23.8	18.67	-	-
Cash Income Tax Paid	63.05	65.73	48.04	18.62	-	-
Levered Free Cash Flow	16.63	79.57	78.8	147.97	149.02	-44.95
Unlevered Free Cash Flow	30.26	93.1	96.05	162.27	156.36	-38.35
Change in Working Capital	44.75	127.59	-1.82	86.27	73.12	17.32

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