NCC Group Cash Flow Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Net Income	17.1	-24.38	-24.9	-4.6	23
Depreciation & Amortization	12.2	13.73	24.1	20.2	17.9
Other Amortization	1.8	2.48	2.6	2.4	1.8
Loss (Gain) From Sale of Assets	-9.8	-1.2	-1	-5.4	-
Asset Writedown & Restructuring Costs	0.1	26.93	31.9	13.9	-0.1
Loss (Gain) From Sale of Investments	-	-0.08	-	-	-
Stock-Based Compensation	2.1	1.73	1.6	2.2	3.4
Other Operating Activities	-23.4	-23.63	-6.3	-0.5	-2.2
Change in Accounts Receivable	-5	-3.45	-6	19.7	-1.8
Change in Inventory	-	0.15	0.2	0.1	0.2
Change in Accounts Payable	10.3	-8.93	4.8	-7.7	12.6
Change in Unearned Revenue	-1.1	4.13	-	-7.4	-
Change in Other Net Operating Assets	-3	0.53	0.3	-0.8	-
Operating Cash Flow	33.5	19.8	27.3	32.1	54.8
Operating Cash Flow Growth	69.19%	-27.47%	-14.95%	-41.42%	40.87%
Capital Expenditures	-4.7	-4.65	-5	-3.9	-5.2
Cash Acquisitions	-	-0.75	-1	-1	-153
Divestitures	61.4	9.3	12	2	-
Sale (Purchase) of Intangibles	-0.4	-1.95	-2.3	-3.4	-3
Investing Cash Flow	56.3	1.95	3.7	-6.3	-161.2
Long-Term Debt Issued	21.1	-	34.5	70.8	120.7
Total Debt Issued	21.1	43.35	34.5	70.8	120.7
Long-Term Debt Repaid	-87.1	-	-69.7	-121.7	-44.7
Total Debt Repaid	-87.1	-63.9	-69.7	-121.7	-44.7
Net Debt Issued (Repaid)	-66	-20.55	-35.2	-50.9	76
Issuance of Common Stock	0.3	0.23	0.3	0.1	0.8
Repurchase of Common Stock	-5.8	-4.35	-	-0.5	-
Common Dividends Paid	-19	-10.88	-14.5	-14.5	-14.4
Other Financing Activities	-0.3	-	-	-1.5	-0.6
Financing Cash Flow	-90.8	-35.55	-49.4	-67.3	61.8
Foreign Exchange Rate Adjustments	1.2	1.73	-	0.6	1.3
Miscellaneous Cash Flow Adjustments	-	-	0.1	-	-
Net Cash Flow	0.2	-12.08	-18.3	-40.9	-43.3
Free Cash Flow	28.8	15.15	22.3	28.2	49.6
Free Cash Flow Growth	90.10%	-32.06%	-20.92%	-43.15%	37.02%
Free Cash Flow Margin	12.05%	5.91%	6.87%	8.42%	15.76%
Free Cash Flow Per Share	0.09	0.05	0.07	0.09	0.16
Cash Interest Paid	4.4	5.78	5.9	5.1	3.3
Cash Income Tax Paid	2	3.23	5	5.4	2.2
Levered Free Cash Flow	-133.26	-	28.43	21.28	53.18
Unlevered Free Cash Flow	-130.2	-	32.3	24.78	55.49
Change in Working Capital	1.2	-7.58	-0.7	3.9	11

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