IFBH Limited 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	32.56	33.32	15.47
Depreciation & Amortization	1.36	1.29	1.07
Provision & Write-off of Bad Debts	0.06	0.06	-
Other Operating Activities	2.35	3.6	3.44
Change in Accounts Receivable	-15.83	-3.2	-3.26
Change in Inventory	1.12	-0.59	-0.41
Change in Accounts Payable	10.02	6.98	8.12
Change in Unearned Revenue	0.06	0.05	0.08
Change in Other Net Operating Assets	4.31	0.25	0.37
Operating Cash Flow	36	41.75	24.87
Operating Cash Flow Growth	-	67.86%	-
Capital Expenditures	-0.44	-0.19	-0.31
Sale (Purchase) of Intangibles	-7.49	-7.49	-3.46
Investing Cash Flow	-7.93	-7.68	-3.77
Long-Term Debt Repaid	-	-0.16	-
Total Debt Repaid	-0.1	-0.16	-0.01
Net Debt Issued (Repaid)	-0.1	-0.16	-0.01
Issuance of Common Stock	147.61	17.5	0.68
Common Dividends Paid	-42	-11.5	-7.38
Other Financing Activities	-5.62	-0.72	0.01
Financing Cash Flow	99.89	5.12	-6.71
Foreign Exchange Rate Adjustments	0.05	0.02	0
Net Cash Flow	128	39.22	14.4
Free Cash Flow	35.56	41.57	24.56
Free Cash Flow Growth	-	69.23%	-
Free Cash Flow Margin	19.73%	26.37%	30.43%
Free Cash Flow Per Share	0.16	0.19	0.12
Cash Interest Paid	0.02	0.02	0.01
Cash Income Tax Paid	5.1	3.24	-
Levered Free Cash Flow	-	22.03	-
Unlevered Free Cash Flow	-	22.04	-
Change in Working Capital	-0.32	3.49	4.9

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