Ocado Group Cash Flow Statement

Financials in millions GBP. Fiscal year is December - November.

Millions GBP. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Dec '24 Dec 1, 2024	Dec '23 Dec 3, 2023	Nov '22 Nov 27, 2022	Nov '21 Nov 28, 2021
Net Income	405.2	-336.2	-314	-455.5	-223.2
Depreciation & Amortization	374	421.8	326	335.1	228
Loss (Gain) From Sale of Assets	22.9	1	-5	-	-
Asset Writedown & Restructuring Costs	43.3	45.5	30.6	24.3	10.4
Loss (Gain) From Sale of Investments	1.2	-10.1	6.5	-11.9	-8.4
Loss (Gain) on Equity Investments	13.5	-0.3	0.9	1.4	2.3
Stock-Based Compensation	38.8	37.2	33.3	42	35.5
Other Operating Activities	-7.4	5.9	-121.3	-38.2	-33.1
Change in Accounts Receivable	34.3	16.5	36.6	-50.4	-77.5
Change in Inventory	-1.7	0.3	3.1	-10.9	-55.2
Change in Accounts Payable	21.8	-10.5	-19.8	93.3	-1.8
Change in Unearned Revenue	65	97.8	47.9	78.7	107
Change in Other Net Operating Assets	113.4	-	-	-	-
Operating Cash Flow	341.7	268.9	82.2	7.9	-16
Operating Cash Flow Growth	27.07%	227.13%	940.51%	-	-
Capital Expenditures	-218.7	-196.8	-331.3	-648.8	-558.9
Sale of Property, Plant & Equipment	-	18.5	9.4	-	-
Cash Acquisitions	-	-	-11.4	-5.5	-189.7
Divestitures	-68.2	-	-	-	-0.4
Sale (Purchase) of Intangibles	-159.6	-202.6	-205.1	-137.1	-131.8
Investment in Securities	8.8	-10	-10	-	358.6
Other Investing Activities	38.6	37.2	48.3	74	-1.8
Investing Cash Flow	-382.6	-353.7	-500.1	-717.4	-524
Long-Term Debt Issued	400	720	64.4	40.6	500
Long-Term Debt Repaid	-378.2	-730	-77.1	-57.4	-273.6
Net Debt Issued (Repaid)	21.8	-10	-12.7	-16.8	226.4
Issuance of Common Stock	1.5	4.4	2.1	566.5	2.1
Other Financing Activities	-8.5	-18.7	0.5	-2.6	54
Financing Cash Flow	14.8	-24.3	-10.1	547.1	282.5
Foreign Exchange Rate Adjustments	-5.3	-4.2	-15.2	21.8	19.3
Net Cash Flow	-31.4	-113.3	-443.2	-140.6	-238.2
Free Cash Flow	123	72.1	-249.1	-640.9	-574.9
Free Cash Flow Growth	70.60%	-	-	-	-
Free Cash Flow Margin	8.90%	5.94%	-22.20%	-25.46%	-23.01%
Free Cash Flow Per Share	0.15	0.09	-0.30	-0.83	-0.78
Cash Interest Paid	96	55.9	56.3	55.8	34.8
Cash Income Tax Paid	3	7.7	-9.9	-13.4	26.2
Levered Free Cash Flow	45.56	-159.84	-527.01	-681.61	-343.66
Unlevered Free Cash Flow	133.75	-101.28	-477.58	-625.36	-298.91
Change in Working Capital	232.8	104.1	67.8	110.7	-27.5

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