Ligand Pharmaceuticals Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	5.61	31.23	19.3	10.43	26.55	Upgrade
Depreciation & Amortization	6.12	7.14	6.5	4.88	4.07	Upgrade
Other Amortization	1.41	1.7	1.7	0.85	-	Upgrade
Asset Writedown & Restructuring Costs	3.56	-	-	0	0.01	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	-	-13.71	Upgrade
Loss (Gain) on Equity Investments	0.37	-	-	-	0.65	Upgrade
Provision & Write-off of Bad Debts	1.67	-0.55	0.82	2.46	5.71	Upgrade
Other Operating Activities	-5.05	-3.77	4.47	3.47	-0.95	Upgrade
Change in Accounts Receivable	29.18	-28.22	8.77	-5.78	10.39	Upgrade
Change in Inventory	0.72	2.15	7.27	-8.35	2.53	Upgrade
Change in Accounts Payable	-3.37	-3.21	-14.58	15.99	-2.62	Upgrade
Operating Cash Flow	40.23	6.46	34.24	23.95	32.63	Upgrade
Operating Cash Flow Growth	522.79%	-81.14%	42.98%	-26.60%	160.02%	Upgrade
Capital Expenditures	-3.37	-4.35	-3.46	-4.66	-10.4	Upgrade
Cash Acquisitions	-	-	-	-1.31	-4	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-3.96	-0.14	Upgrade
Investment in Securities	-1.56	-	-	-	16.03	Upgrade
Other Investing Activities	1.59	1.85	0.41	-7.61	-0.08	Upgrade
Investing Cash Flow	-3.34	-2.5	-3.05	-17.55	1.42	Upgrade
Short-Term Debt Repaid	-	-	-	-	-0.12	Upgrade
Long-Term Debt Repaid	-0.03	-0.15	-0.12	-	-1.54	Upgrade
Total Debt Repaid	-0.03	-0.15	-0.12	-	-1.65	Upgrade
Net Debt Issued (Repaid)	-0.03	-0.15	-0.12	-	-1.65	Upgrade
Common Dividends Paid	-14.4	-14.4	-14.4	-4.8	-12.6	Upgrade
Other Financing Activities	-	-0.01	-0.01	-	-0	Upgrade
Financing Cash Flow	-14.43	-14.56	-14.53	-4.8	-14.25	Upgrade
Foreign Exchange Rate Adjustments	-0.19	0.01	0.03	-0.01	0.19	Upgrade
Net Cash Flow	22.28	-10.6	16.69	1.59	19.99	Upgrade
Free Cash Flow	36.86	2.11	30.79	19.29	22.23	Upgrade
Free Cash Flow Growth	1646.92%	-93.15%	59.65%	-13.26%	110.95%	Upgrade
Free Cash Flow Margin	39.07%	1.65%	27.65%	18.59%	21.38%	Upgrade
Free Cash Flow Per Share	0.08	0.00	0.06	0.04	0.05	Upgrade
Cash Interest Paid	-	0.01	0.01	-	0	Upgrade
Cash Income Tax Paid	5.59	8.25	0.19	0.33	5.48	Upgrade
Levered Free Cash Flow	42.35	-4.32	25.9	13.29	18.97	Upgrade
Unlevered Free Cash Flow	42.36	-4.3	25.91	13.29	18.99	Upgrade
Change in Working Capital	26.53	-29.28	1.46	1.86	10.3	Upgrade

Updated Nov 19, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.