Neptune Insurance Holdings Inc. (FRA:SN4)

FRA:SN4 Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	44.68	34.59	17.89
Depreciation & Amortization	0.6	0.07	0.07
Other Amortization	3.7	3.86	3.34
Stock-Based Compensation	0.38	0.3	0.04
Other Operating Activities	-0.13	4.81	-1.64
Change in Accounts Receivable	-2.12	-1.67	-0.49
Change in Accounts Payable	5.16	1.87	1.56
Change in Income Taxes	-0.59	5.15	-0.47
Change in Other Net Operating Assets	1.9	0.94	-1.65
Operating Cash Flow	53.58	49.93	18.65
Operating Cash Flow Growth	187.36%	167.74%	-
Sale (Purchase) of Intangibles	-4.08	-3.71	-4.03
Investing Cash Flow	-4.08	-3.71	-4.03
Long-Term Debt Issued	-	171	190
Long-Term Debt Repaid	-	-214.53	-81.35
Net Debt Issued (Repaid)	111	-43.53	108.65
Issuance of Common Stock	15.58	-	10
Repurchase of Common Stock	-	-	-10
Common Dividends Paid	-120.83	-	-339.02
Other Financing Activities	14.8	1.06	1.44
Financing Cash Flow	-33.62	-42.47	-9.87
Net Cash Flow	15.88	3.75	4.75
Cash Interest Paid	17.07	17.07	20.1
Cash Income Tax Paid	7.31	7.31	8.6
Levered Free Cash Flow	-	38.75	-
Unlevered Free Cash Flow	-	48.79	-
Change in Working Capital	4.35	6.29	-1.05

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