LON:ALFA Cash Flow Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	30.1	25.6	23.5	24.5	19.2
Depreciation & Amortization	1.5	1.7	1.8	2.2	2.3
Other Amortization	1.8	1	0.7	0.8	0.8
Loss (Gain) From Sale of Assets	-	-	-	-0.3	-
Loss (Gain) on Equity Investments	-	-	0.3	0.1	0.1
Stock-Based Compensation	1.6	1.1	1.6	1.8	1.5
Other Operating Activities	2.4	-	-1.4	-2.3	0.8
Change in Accounts Receivable	-0.1	-4.2	5.8	-3.6	-2.8
Change in Accounts Payable	1.7	1.7	0.5	0.2	0.7
Change in Unearned Revenue	-1.8	1.5	-0.6	3.8	4.1
Operating Cash Flow	37.2	28.4	32.2	27.2	26.7
Operating Cash Flow Growth	30.99%	-11.80%	18.38%	1.87%	4.71%
Capital Expenditures	-0.4	-0.3	-0.6	-0.7	-0.3
Sale (Purchase) of Intangibles	-5	-5.3	-2.8	-1.6	-1
Other Investing Activities	0.7	0.2	0.3	-	-
Investing Cash Flow	-4.7	-5.4	-3.1	-2.3	-1.3
Long-Term Debt Repaid	-0.1	-1.3	-1.3	-1.6	-1.9
Net Debt Issued (Repaid)	-0.1	-1.3	-1.3	-1.6	-1.9
Issuance of Common Stock	0.6	-	-	-	-
Repurchase of Common Stock	-0.9	-0.7	-4.8	-5.6	-4.6
Common Dividends Paid	-4.1	-3.8	-3.5	-3.3	-3
Financing Cash Flow	-26.4	-24.1	-25.8	-29.7	-39.2
Foreign Exchange Rate Adjustments	-0.2	-0.2	-0.2	0.4	-0.1
Net Cash Flow	5.9	-1.3	3.1	-4.4	-13.9
Free Cash Flow	36.8	28.1	31.6	26.5	26.4
Free Cash Flow Growth	30.96%	-11.08%	19.25%	0.38%	4.35%
Free Cash Flow Margin	29.04%	25.57%	30.98%	28.40%	31.73%
Free Cash Flow Per Share	0.12	0.09	0.11	0.09	0.09
Cash Interest Paid	0.7	0.7	0.5	0.6	0.8
Cash Income Tax Paid	6.6	8.2	6.5	6.2	3.8
Levered Free Cash Flow	25.05	17.29	23.01	19.03	21.14
Unlevered Free Cash Flow	25.49	17.73	23.33	19.4	21.64
Change in Working Capital	-0.2	-1	5.7	0.4	2

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