Games Workshop Group Cash Flow Statement

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Jun '25 Jun 1, 2025	Jun '24 Jun 2, 2024	May '23 May 28, 2023	May '22 May 29, 2022	May '21 May 30, 2021
Net Income	275.6	261.3	201.8	170.2	157.1	151.7
Depreciation & Amortization	45.1	43.9	39	39.5	34.8	26.2
Stock-Based Compensation	2.6	1.3	1.2	1	1.6	1.2
Other Adjustments	-1.2	1.8	3.8	2.4	1.6	0.5
Change in Receivables	23.9	-4	-7.6	8.1	-21.5	-10.8
Changes in Inventories	-3.6	2.5	-10	6	-12.2	-6.2
Changes in Accounts Payable	5.7	4.6	9.4	4.2	-2.2	3.1
Changes in Income Taxes Payable	-67.9	-64.1	-41.7	-39	-37.7	-32.1
Changes in Other Operating Activities	0.3	0.1	0.3	0.3	-	-0.9
Operating Cash Flow	280.5	247.4	196.2	192.7	121.5	132.7
Operating Cash Flow Growth	40.39%	26.10%	1.82%	58.60%	-8.44%	26.99%
Capital Expenditures	-26.9	-24	-15.6	-14.8	-17	-17.4
Purchases of Intangible Assets	-16.6	-16.9	-17	-13.5	-15.3	-12.6
Other Investing Activities	2.8	2.9	2.5	1.2	0.2	0.2
Investing Cash Flow	-40.7	-38	-30.1	-27.1	-32.1	-29.8
Issuance of Common Stock	4.5	1.8	2.7	2.6	1.8	1.4
Net Common Stock Issued (Repurchased)	4.5	1.8	2.7	2.6	1.8	1.4
Common Dividends Paid	-184.6	-171.4	-138.3	-136.5	-93.5	-60.5
Other Financing Activities	-13.4	-13.7	-12.9	-12.7	-11.9	-10.9
Financing Cash Flow	-193.5	-183.3	-148.5	-146.6	-103.6	-70
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1	-1.1	-0.2	-0.2	0.4	-0.6
Net Cash Flow	46.3	26.1	17.6	19	-14.2	32.9
Free Cash Flow	253.6	223.4	180.6	177.9	104.5	115.3
Free Cash Flow Growth	13.52%	23.70%	1.52%	70.24%	-9.37%	30.73%
FCF Margin	39.01%	36.18%	34.35%	37.79%	25.19%	31.20%
Free Cash Flow Per Share	7.67	6.76	5.48	5.41	3.18	3.50
Levered Free Cash Flow	159.1	159.1	132.5	130.9	94.1	94.7
Unlevered Free Cash Flow	158.21	157.98	131.61	130.58	94.59	95.35