Games Workshop Group Cash Flow Statement

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

Millions GBP. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	Jun '25 Jun 1, 2025	Jun '24 Jun 2, 2024	May '23 May 28, 2023	May '22 May 29, 2022
Net Income	550.7	524.1	404.8	340.8	313.6
Depreciation & Amortization	46.5	43.9	39	39.5	34.8
Stock-Based Compensation	4	1.3	1.2	1	1.6
Other Adjustments	-1.9	0.3	2.6	2	2.2
Change in Receivables	0.3	-4	-7.6	8.1	-21.5
Changes in Inventories	-6.8	2.5	-10	6	-12.2
Changes in Accounts Payable	14.8	4.6	9.4	4.2	-2.2
Changes in Income Taxes Payable	-65.4	-64.1	-41.7	-39	-37.7
Changes in Other Operating Activities	0.5	0.1	0.3	0.3	-
Operating Cash Flow	267.7	247.4	196.2	192.7	121.5
Operating Cash Flow Growth	8.21%	26.10%	1.82%	58.60%	-8.44%
Capital Expenditures	-32	-24	-15.6	-14.8	-17
Purchases of Intangible Assets	-17.4	-16.9	-17	-13.5	-15.3
Other Investing Activities	2.5	2.9	2.5	1.2	0.2
Investing Cash Flow	-46.9	-38	-30.1	-27.1	-32.1
Issuance of Common Stock	4.5	1.8	2.7	2.6	1.8
Net Common Stock Issued (Repurchased)	4.5	1.8	2.7	2.6	1.8
Common Dividends Paid	-160.1	-171.4	-138.3	-136.5	-93.5
Other Financing Activities	-15	-13.7	-12.9	-12.7	-11.9
Financing Cash Flow	-170.6	-183.3	-148.5	-146.6	-103.6
Foreign Exchange Rate Adjustments	0.1	-1.1	-0.2	-0.2	0.4
Net Cash Flow	50.2	26.1	17.6	19	-14.2
Free Cash Flow	235.7	223.4	180.6	177.9	104.5
Free Cash Flow Growth	5.51%	23.70%	1.52%	70.24%	-9.37%
FCF Margin	35.73%	36.18%	34.35%	37.79%	25.19%
Free Cash Flow Per Share	7.12	6.76	5.48	5.41	3.18
Levered Free Cash Flow	163.6	159.1	132.5	130.9	94.1
Unlevered Free Cash Flow	163.08	157.98	131.61	130.58	94.59