RADCOM 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	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	6.97	3.71	-2.26	-5.26	-3.99
Depreciation & Amortization	0.68	0.62	0.48	0.54	0.7
Stock-Based Compensation	6.1	6.12	5.17	3.36	2.17
Change in Accounts Receivable	-5.64	-2.33	-1.04	2.41	-1.65
Change in Inventory	-1.42	0.55	0.16	-0.41	0.81
Change in Accounts Payable	-0.18	-0.02	0.02	1.02	-0.77
Change in Unearned Revenue	5.39	-5.58	4.34	-0.41	2.27
Change in Other Net Operating Assets	-0.51	1.63	-0.85	0.76	0.42
Operating Cash Flow	11.39	4.71	6.02	2	-0.05
Operating Cash Flow Growth	141.99%	-21.81%	200.65%	-	-
Capital Expenditures	-0.43	-0.23	-0.15	-0.44	-0.43
Cash Acquisitions	-	-2.48	-	-	-
Investment in Securities	-2.31	-0.89	-8.28	-3.06	8.03
Investing Cash Flow	-2.74	-3.59	-8.43	-3.5	7.6
Foreign Exchange Rate Adjustments	-0.3	0.25	-0.01	-0.1	-0.2
Net Cash Flow	8.35	1.37	-2.42	-1.6	7.35
Free Cash Flow	10.96	4.47	5.87	1.56	-0.48
Free Cash Flow Growth	144.99%	-23.77%	275.02%	-	-
Free Cash Flow Margin	17.97%	8.67%	12.75%	3.89%	-1.27%
Free Cash Flow Per Share	0.68	0.29	0.40	0.11	-0.03
Cash Income Tax Paid	0.28	0.19	0.1	0.08	0.13
Levered Free Cash Flow	8.9	1.95	8.63	2.85	1.5
Unlevered Free Cash Flow	8.9	1.95	8.63	2.85	1.5
Change in Working Capital	-2.36	-5.75	2.63	3.37	1.07

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