Vicor Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	82.27	6.13	53.6	25.45	56.63	17.91
Depreciation & Amortization	20.23	18.63	17.24	13.78	11.71	11.06
Loss (Gain) From Sale of Assets	0.84	-	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-0	-0	-0
Stock-Based Compensation	16.48	15.3	12.87	10.26	7.04	5.88
Provision & Write-off of Bad Debts	0.01	-	0.04	0.01	-	0.02
Other Operating Activities	3.33	20.76	2.02	6.8	-0.49	-0.07
Change in Accounts Receivable	-0.48	-0.48	12.64	-10.59	-14.3	-2.82
Change in Inventory	0.46	0.46	-5.24	-34.2	-10.13	-8.05
Change in Accounts Payable	-1.85	-1.85	-11.15	4.4	2.5	8.67
Change in Unearned Revenue	0.34	0.34	-8.22	5.48	1.47	1.66
Change in Income Taxes	-0.68	-0.68	0.67	0.01	-0.07	0.08
Change in Other Net Operating Assets	13.03	-7.76	0.05	1.56	0.11	0.4
Operating Cash Flow	133.96	50.84	74.53	22.94	54.44	34.74
Operating Cash Flow Growth	115.16%	-31.78%	224.90%	-57.87%	56.71%	56.42%
Capital Expenditures	-16.51	-23.6	-33.45	-63.97	-47.76	-28.65
Investment in Securities	-	-	-	45	4.1	-50.17
Investing Cash Flow	-16.51	-23.6	-33.45	-18.97	-43.66	-78.82
Issuance of Common Stock	10.38	8.49	10.6	4.44	10.24	121.27
Repurchase of Common Stock	-32.98	-0.5	-	-	-	-
Other Financing Activities	-	-	-	-	-0.15	-0.22
Financing Cash Flow	-22.6	7.99	10.6	4.44	10.09	121.04
Foreign Exchange Rate Adjustments	-0.07	-0.18	-0.07	-0.22	-0.2	0.11
Net Cash Flow	94.78	35.05	51.61	8.19	20.68	77.07
Free Cash Flow	117.45	27.24	41.08	-41.03	6.68	6.09
Free Cash Flow Growth	253.43%	-33.68%	-	-	9.75%	-37.40%
Free Cash Flow Margin	26.60%	7.59%	10.14%	-10.28%	1.86%	2.05%
Free Cash Flow Per Share	2.59	0.60	0.91	-0.91	0.15	0.14
Cash Income Tax Paid	4.3	4.3	4.15	1.26	0.65	0.08
Levered Free Cash Flow	83.9	32.5	1.81	-46.17	-9.71	-1.01
Unlevered Free Cash Flow	83.9	32.5	1.81	-46.17	-9.71	-1.01
Change in Working Capital	10.81	-9.98	-11.24	-33.35	-20.43	-0.05

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