Gulf Marine Services PLC (LON:GMS)

Gulf Marine Services Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	18.9	37.98	41.34	25.33	31
Depreciation & Amortization	39.97	30.84	27.49	26.33	25.23
Other Amortization	9.19	5.33	4.69	5.61	5.5
Asset Writedown & Restructuring Costs	10.07	-9.23	-33.43	-7.79	-14.96
Loss (Gain) From Sale of Investments	-	-	-	-0.8	-
Stock-Based Compensation	0.34	-	-	0.05	-0.02
Provision & Write-off of Bad Debts	-0.32	2.01	0.21	1.83	0.06
Other Operating Activities	25.33	31.8	43.97	21.4	15.63
Change in Accounts Receivable	-16.21	1.89	2	5.61	-17.09
Change in Accounts Payable	1.18	2.95	8.14	5.01	-4.85
Operating Cash Flow	88.44	103.56	94.4	82.57	40.51
Operating Cash Flow Growth	-14.60%	9.70%	14.34%	103.81%	-8.49%
Capital Expenditures	-14.45	-2.79	-3.46	-3.35	-7.9
Other Investing Activities	-10.8	-5.98	-9.33	-2.96	-3.6
Investing Cash Flow	-25.26	-8.77	-12.79	-6.3	-11.5
Long-Term Debt Issued	-	241.19	2	-	2
Long-Term Debt Repaid	-67.58	-280.42	-59.5	-53.97	-33.33
Net Debt Issued (Repaid)	-67.58	-39.23	-57.5	-53.97	-31.33
Issuance of Common Stock	6.07	3.9	-	-	27.76
Other Financing Activities	-13.93	-28.12	-27.72	-18.29	-20.97
Financing Cash Flow	-75.44	-63.45	-85.22	-72.26	-24.54
Net Cash Flow	-12.25	31.34	-3.61	4	4.47
Free Cash Flow	73.99	100.77	90.94	79.22	32.61
Free Cash Flow Growth	-26.58%	10.81%	14.80%	142.91%	-15.61%
Free Cash Flow Margin	39.33%	60.16%	59.99%	59.49%	28.33%
Free Cash Flow Per Share	0.06	0.09	0.09	0.08	0.05
Cash Interest Paid	13.24	22.07	27.67	17.7	13.1
Cash Income Tax Paid	8.41	2.4	2.15	1.08	0.85
Levered Free Cash Flow	52.48	64.7	65.61	63.04	12.48
Unlevered Free Cash Flow	60.37	78.5	84.39	73.42	23.54
Change in Working Capital	-15.03	4.84	10.14	10.62	-21.94

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