Defence Holdings Cash Flow Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020
Net Income	-0.85	-4.5	-8.75	-8.82	-2.52
Depreciation & Amortization	0.52	0.75	0.39	0.01	0
Other Amortization	0.05	0.09	0.04	0.02	0
Loss (Gain) From Sale of Assets	-1.4	0.01	0.01	-	-
Stock-Based Compensation	0.04	0.19	0.23	0.06	0.24
Other Operating Activities	0.3	0.24	0.17	-0.01	-0
Change in Accounts Receivable	0.3	3.64	-0.56	-1.48	-1.91
Change in Accounts Payable	0.71	-1.88	2.56	-1.26	1.93
Change in Unearned Revenue	-	-0.61	0.53	0.78	-
Operating Cash Flow	-0.34	-2.06	-5.37	-10.69	-2.25
Capital Expenditures	-0.03	-0.21	-1.62	-0.03	-0
Sale (Purchase) of Intangibles	-	-	-0.21	-0.04	-0.04
Other Investing Activities	-	-	-	0.01	0
Investing Cash Flow	-0.03	-0.21	-1.83	-0.06	-0.04
Long-Term Debt Repaid	-	-0.52	-0.15	-	-
Total Debt Repaid	-0.42	-0.52	-0.15	-	-
Net Debt Issued (Repaid)	-0.42	-0.52	-0.15	-	-
Issuance of Common Stock	0.53	0.52	-	18.3	4.62
Financing Cash Flow	0.11	-0	-0.15	18.3	4.62
Net Cash Flow	-0.26	-2.27	-7.34	7.55	2.32
Free Cash Flow	-0.37	-2.27	-6.99	-10.72	-2.26
Free Cash Flow Margin	-12.88%	-41.05%	-156.97%	-563.57%	-
Free Cash Flow Per Share	-	-0.00	-0.01	-0.02	-0.01
Levered Free Cash Flow	-	-0.83	-3.95	-7.44	-
Unlevered Free Cash Flow	-	-0.68	-3.84	-7.44	-
Change in Working Capital	1.01	1.16	2.54	-1.95	0.03

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