PowerFleet Cash Flow Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-30.33	-50.99	-18.84	-5.68	-6.75	-12.77
Depreciation & Amortization	64.31	46.76	9.46	11.64	8.08	8.13
Other Amortization	5.73	5.73	0.34	0.61	0.18	0.43
Stock-Based Compensation	6.86	10.25	4.1	3.91	4.34	4.68
Provision & Write-off of Bad Debts	8.69	9.42	2.31	1.77	0.07	1
Other Operating Activities	-10.1	0.47	1.64	-7.42	4.32	5.08
Change in Accounts Receivable	-14.52	-14.05	-1.54	-1.46	-1.37	-9.55
Change in Inventory	-2.07	5.73	-0.78	-1.74	-4.47	-5.94
Change in Accounts Payable	14.51	-12.16	8.79	4.44	-0.53	8.14
Change in Unearned Revenue	1.3	1.75	-0.18	-0.3	-0.63	-1.77
Change in Other Net Operating Assets	-10.4	-6.27	-2.92	-1.4	-1.99	-2.81
Operating Cash Flow	33.99	-3.35	2.43	4.4	1.25	-5.39
Operating Cash Flow Growth	-	-	-44.64%	252.04%	-	-
Capital Expenditures	-21.12	-20.01	-3.67	-3.46	-4.01	-2.4
Sale of Property, Plant & Equipment	-0.19	0.01	-	-	-	-
Cash Acquisitions	-0.19	-137.11	-	8.72	-	-
Sale (Purchase) of Intangibles	-20.57	-13.78	-3.54	-3.63	-2.22	-0.63
Investment in Securities	-	-	-	-0.1	-0.1	-
Investing Cash Flow	-42.07	-170.6	-7.21	1.53	-6.33	-3.03
Short-Term Debt Issued	-	19.55	-	4.32	5.71	-
Long-Term Debt Issued	-	125	-	-	-	-
Total Debt Issued	9.77	144.55	119.32	4.32	5.71	-
Short-Term Debt Repaid	-	-	-	-	-	-0.27
Long-Term Debt Repaid	-	-2.64	-	-4.54	-5.78	-5.71
Total Debt Repaid	-4.65	-2.64	-24.28	-4.54	-5.78	-5.98
Net Debt Issued (Repaid)	5.13	141.91	95.05	-0.22	-0.07	-5.98
Issuance of Common Stock	1.03	68.36	0.04	0.04	-	27.1
Repurchase of Common Stock	-	-2.84	-0.13	-0.14	-0.21	-0.79
Preferred Dividends Paid	-	-0.03	-3.39	-3.39	-	-4.11
Dividends Paid	-	-0.03	-3.39	-3.39	-	-4.11
Other Financing Activities	90.28	-1.41	-1.08	-	-	-
Financing Cash Flow	6.16	115.72	90.49	-3.71	-0.28	16.21
Foreign Exchange Rate Adjustments	-0.88	-2.66	-1.14	-0.88	-3.41	0.53
Net Cash Flow	-2.8	-60.88	84.58	1.34	-8.77	8.33
Free Cash Flow	12.87	-23.35	-1.24	0.93	-2.76	-7.79
Free Cash Flow Margin	2.97%	-6.44%	-0.92%	0.70%	-2.03%	-6.19%
Free Cash Flow Per Share	0.10	-0.20	-0.04	0.03	-0.08	-0.23
Cash Interest Paid	22.12	15.34	6.71	1.66	1.31	1.47
Cash Income Tax Paid	6.49	4.28	1.04	0.18	0.06	0.06
Levered Free Cash Flow	36.3	110.85	-	8.58	-3.81	-3.48
Unlevered Free Cash Flow	52.71	123.55	-	9.58	-3.81	-1.75
Change in Working Capital	-11.18	-25.01	3.37	-0.46	-8.99	-11.92

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