Nathan's Famous 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 28, 2025	Mar '25 Mar 30, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 26, 2023	Mar '22 Mar 27, 2022	Mar '21 Mar 28, 2021
Net Income	22.85	24.03	19.62	19.62	13.6	11.08
Depreciation & Amortization	0.93	0.96	1.14	1.14	1.05	1.18
Other Amortization	0.07	0.15	0.35	0.51	0.66	0.69
Loss (Gain) From Sale of Assets	-	-	-	0.09	-	-
Stock-Based Compensation	1.15	0.99	0.73	0.26	0.07	0.12
Provision & Write-off of Bad Debts	0.29	0.28	0.16	0.46	0.19	0.1
Other Operating Activities	-0.22	0.15	0.33	0.41	0.78	-0.03
Change in Accounts Receivable	-6.23	0.39	-0.07	-2.15	-1.91	-0.65
Change in Inventory	0.06	-0.38	-0.3	-0.02	0.1	-0.25
Change in Accounts Payable	1.71	-1.23	-1.23	0.38	1.7	-0.29
Change in Unearned Revenue	-0.22	-0.22	-0.38	-0.49	0.32	-0.14
Change in Other Net Operating Assets	-0.02	0.12	-0.33	-0.36	-0.08	-0.05
Operating Cash Flow	20.35	25.24	20	19.84	16.48	11.77
Operating Cash Flow Growth	-13.26%	26.19%	0.83%	20.39%	40.04%	-4.72%
Capital Expenditures	-0.37	-0.23	-0.31	-0.63	-0.64	-0.55
Other Investing Activities	-	-	-	0.04	-	-
Investing Cash Flow	-0.37	-0.23	-0.31	-0.58	-0.64	-0.55
Long-Term Debt Issued	-	60	-	-	-	-
Long-Term Debt Repaid	-	-69.2	-20	-30	-40	-
Net Debt Issued (Repaid)	-10.4	-9.2	-20	-30	-40	-
Repurchase of Common Stock	-0.44	-0.44	-0.36	-1.89	-0.01	-1.51
Common Dividends Paid	-8.18	-8.17	-8.16	-7.56	-6.17	-5.76
Other Financing Activities	-	-0.43	-	-	-0.66	-
Financing Cash Flow	-19.01	-18.24	-28.52	-39.46	-46.84	-7.27
Net Cash Flow	0.97	6.78	-8.83	-20.2	-31	3.95
Free Cash Flow	19.98	25.02	19.69	19.21	15.84	11.22
Free Cash Flow Growth	-13.83%	27.05%	2.49%	21.27%	41.25%	-2.30%
Free Cash Flow Margin	12.89%	16.88%	14.21%	14.69%	13.79%	14.79%
Free Cash Flow Per Share	4.86	6.11	4.82	4.70	3.85	2.73
Cash Interest Paid	3.89	5.48	5.48	8.06	10.56	9.94
Cash Income Tax Paid	8.19	8.49	8.31	7.16	4.98	4.77
Levered Free Cash Flow	16.59	21.29	17.38	16.17	13.55	9.55
Unlevered Free Cash Flow	18.46	23.71	20.38	20.5	19.23	15.48
Change in Working Capital	-4.7	-1.32	-2.32	-2.64	0.13	-1.37

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