Courage Investment Group 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1.71	-3.97	1.12	10.49
Depreciation & Amortization	1.42	1.54	1.61	0.94
Other Amortization	0.77	0.6	0.68	0.56
Loss (Gain) From Sale of Assets	-0.11	2.1	0.18	-
Asset Writedown & Restructuring Costs	-0.09	1.05	0.8	-12.89
Loss (Gain) From Sale of Investments	0.39	1.15	1.4	5.42
Loss (Gain) on Equity Investments	-	0.79	0.76	-0.09
Other Operating Activities	-0.01	0.2	-0.02	0.05
Change in Accounts Receivable	0.32	-0.32	-	0.09
Change in Unearned Revenue	0.22	-0.1	0.09	-0.03
Change in Other Net Operating Assets	-0.42	-0.56	0.78	-0.29
Operating Cash Flow	4.21	2.47	7.39	4.25
Operating Cash Flow Growth	70.25%	-66.57%	73.91%	26.60%
Capital Expenditures	-14.56	-0.07	-3.19	-0.2
Cash Acquisitions	-1.5	-	-	-
Divestitures	13.8	1.8	-	-
Sale (Purchase) of Real Estate	-	-	8.57	-
Investment in Securities	1.85	-2.87	2.45	-
Other Investing Activities	-	-	-13.62	-
Investing Cash Flow	-0.41	-1.13	-5.78	-0.2
Long-Term Debt Repaid	-0.86	-2.23	-7.05	-6.23
Net Debt Issued (Repaid)	-0.86	-2.23	-7.05	-6.23
Issuance of Common Stock	-	-	-	0.32
Other Financing Activities	-	-	-	-0.53
Financing Cash Flow	-0.86	-2.23	-7.05	-6.44
Net Cash Flow	2.94	-0.89	-5.44	-2.39
Free Cash Flow	-10.35	2.41	4.21	4.05
Free Cash Flow Growth	-	-42.80%	3.88%	60.29%
Free Cash Flow Margin	-112.73%	28.27%	34.00%	41.58%
Free Cash Flow Per Share	-0.01	0.00	0.00	0.00
Cash Interest Paid	0.03	0.19	0.35	0.45
Levered Free Cash Flow	-11.71	3.03	2.25	2.16
Unlevered Free Cash Flow	-11.7	3.15	2.47	2.44
Change in Working Capital	0.13	-0.98	0.87	-0.22

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.