Azimut Holding S.p.A. (LON:0MHJ)

Azimut Holding Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	576.17	434.57	406.46	605.46	381.69
Depreciation & Amortization	28.83	37.06	35.95	-	-
Asset Writedown & Restructuring Costs	-	6.82	-	34.96	27.96
Other Operating Activities	62.71	53.14	35.02	125.81	44.14
Change in Unearned Revenue	273.35	-	-	-	-
Change in Other Net Operating Assets	-1,139	-56.12	-517.33	176.55	-79.72
Operating Cash Flow	-197.48	468.85	-101.33	926.19	288.31
Operating Cash Flow Growth	-	-	-	221.24%	-70.62%
Capital Expenditures	-2.82	-10.15	-9.82	-16.38	-10.69
Sale of Property, Plant & Equipment	10.68	-	-	-	-
Cash Acquisitions	-0.31	-33.32	-95.43	-98.13	-14.89
Divestitures	242.14	27.15	-	-	-
Sale (Purchase) of Intangibles	49.58	-39.38	-38.43	-34.41	-24.41
Investment in Securities	-4.16	-35.37	-59.38	-188.76	-29.48
Other Investing Activities	-	17.87	13.4	1.82	0.75
Investing Cash Flow	295.12	-73.2	-189.66	-335.86	-78.72
Issuance of Common Stock	-	-	-	27.46	-
Repurchase of Common Stock	-	-	-15.65	-	-44.58
Common Dividends Paid	-209.49	-239.23	-272.9	-193.99	-191.66
Other Financing Activities	-27.9	-58.26	109.29	-89.4	-30.93
Financing Cash Flow	-237.39	-297.49	-179.26	-255.94	-267.16
Net Cash Flow	-139.76	98.15	-470.25	334.39	-57.57
Free Cash Flow	-200.29	458.7	-111.15	909.81	277.63
Free Cash Flow Growth	-	-	-	227.71%	-70.16%
Free Cash Flow Margin	-13.63%	32.95%	-8.51%	53.05%	22.72%
Free Cash Flow Per Share	-1.43	3.31	-0.80	6.54	2.00
Levered Free Cash Flow	860.94	389.44	634.24	180.63	229.1
Unlevered Free Cash Flow	866.06	394.84	640.71	191.15	239.79
Change in Net Working Capital	-382.23	-4.52	-308.85	219.53	10.89

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