AO World Cash Flow Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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
Net Income	11.9	10.5	24.7	-2.6	-30.4	17.7
Depreciation & Amortization	28.4	26.5	23.6	28	28.5	23.4
Other Amortization	0.6	0.6	0.7	1	-	1.2
Loss (Gain) From Sale of Assets	0.3	-0.1	-0.1	0.9	0.4	-
Asset Writedown & Restructuring Costs	19.6	19.6	-	-	-	-
Stock-Based Compensation	7.6	7.3	6.7	5.3	5.8	3.3
Other Operating Activities	-	1.8	9.7	19.9	25.1	10.5
Change in Accounts Receivable	19.8	18.3	28.8	14.7	-10.8	-35.9
Change in Inventory	9.7	-4.2	-6.4	9	33	-67.6
Change in Accounts Payable	-4.2	-23.5	-25.6	-43	-96.7	162
Change in Other Net Operating Assets	-0.4	-	-	-	-	-
Operating Cash Flow	94.6	58	61.6	24.4	-52.4	114.6
Operating Cash Flow Growth	40.15%	-5.84%	152.46%	-	-	712.77%
Capital Expenditures	-3.6	-8.8	-5.8	-2.1	-7.5	-6.3
Sale of Property, Plant & Equipment	0.1	0.1	-	0.1	-	-
Cash Acquisitions	-5.7	-5.7	-	-	-	-
Sale (Purchase) of Intangibles	-0.1	-0.1	-2.4	-0.1	-1	-2.8
Other Investing Activities	1.1	1	0.6	9.8	-1.1	-
Investing Cash Flow	-8.2	-13.5	-7.6	7.7	-9.6	-9.1
Short-Term Debt Issued	-	-	-	-	45	-
Long-Term Debt Issued	-	-	2.2	-	-	-
Total Debt Issued	-	-	2.2	-	45	-
Short-Term Debt Repaid	-	-	-	-35	-	-21.9
Long-Term Debt Repaid	-	-40.6	-28.5	-17.7	-21.2	-17.6
Total Debt Repaid	-39.8	-40.6	-28.5	-52.7	-21.2	-39.5
Net Debt Issued (Repaid)	-39.8	-40.6	-26.3	-52.7	23.8	-39.5
Issuance of Common Stock	0.2	0.1	0.3	41.1	0.1	0.6
Repurchase of Common Stock	-4.9	-11.1	-	-	-	-
Other Financing Activities	-5.4	-5.6	-7	-20.7	-9.5	-6.4
Financing Cash Flow	-49.9	-57.2	-33	-32.3	14.4	-45.3
Foreign Exchange Rate Adjustments	-	-	-	-0.1	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-0.1	-	-
Net Cash Flow	36.5	-12.7	21	-0.4	-47.6	60.2
Free Cash Flow	91	49.2	55.8	22.3	-59.9	108.3
Free Cash Flow Growth	54.24%	-11.83%	150.22%	-	-	1404.17%
Free Cash Flow Margin	7.51%	4.32%	5.37%	1.96%	-4.38%	6.52%
Free Cash Flow Per Share	0.15	0.08	0.09	0.04	-0.13	0.23
Cash Interest Paid	5.5	5.7	6.9	7.7	5.9	6.3
Cash Income Tax Paid	10.8	9.3	1.2	-2.2	-1.7	2.4
Levered Free Cash Flow	74.7	36.45	35.49	32.16	-40.95	98.79
Unlevered Free Cash Flow	76.95	38.7	38.43	36.23	-37.89	101.54
Change in Working Capital	24.9	-9.4	-3.2	-19.3	-74.5	58.5

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.