Conduit Holdings Cash Flow Statement

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

Millions USD. 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	116.8	125.6	190.8	-43.9	-42
Depreciation & Amortization	1.1	1.1	0.7	0.9	0.1
Gain (Loss) on Sale of Investments	-38.8	-1.1	-29.3	70.6	8.6
Stock-Based Compensation	9.3	7.1	2.5	2.1	0.3
Change in Other Net Operating Assets	354.6	338.3	186.8	193.1	87.5
Other Operating Activities	-81.4	-63.7	-43.5	-19.6	-5.8
Operating Cash Flow	361.6	407.3	309.4	203.2	48.7
Operating Cash Flow Growth	-11.22%	31.64%	52.26%	317.25%	-
Capital Expenditures	-	-0.7	-0.7	-	-0.5
Purchase / Sale of Intangible Assets	-	-	-	-0.3	-0.9
Investment in Securities	-342.7	-274.1	-185	-98.7	-1,012
Other Investing Activities	73.5	55.1	37	21.1	7.5
Investing Cash Flow	-269.2	-219.7	-148.7	-77.9	-1,005
Total Debt Repaid	-0.8	-0.8	-0.7	-0.6	-0.1
Net Debt Issued (Repaid)	-0.8	-0.8	-0.7	-0.6	-0.1
Repurchases of Common Stock	-15.5	-9.4	-13.7	-19.9	-0.2
Common Dividends Paid	-59.4	-59.5	-59.3	-59.3	-29.7
Other Financing Activities	-	-	-0.1	-	-
Financing Cash Flow	-75.7	-69.7	-73.8	-79.8	-30
Foreign Exchange Rate Adjustments	9.3	-4.5	-	-0.1	0.2
Net Cash Flow	26	113.4	86.9	45.4	-986.5
Free Cash Flow	361.6	406.6	308.7	203.2	48.2
Free Cash Flow Growth	-11.07%	31.71%	51.92%	321.58%	-
Free Cash Flow Margin	44.08%	53.83%	51.96%	65.17%	25.22%
Free Cash Flow Per Share	2.29	2.57	1.92	1.24	0.29
Levered Free Cash Flow	468.31	436.16	295.86	182.69	-
Unlevered Free Cash Flow	468.31	436.23	295.93	182.75	-
Change in Working Capital	354.6	338.3	186.8	193.1	87.5

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