Pharos Energy Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	8.7	64.3	-18.1	100.2	48.3
Depreciation & Amortization	46.6	47.3	55.6	55.2	51.4
Stock-Based Compensation	1.6	0.9	0.9	1.3	2.4
Other Adjustments	-30.3	-63.5	21.5	-85.2	-82.7
Change in Receivables	26.2	11.3	-19.1	-7.7	-7.2
Changes in Inventories	3.2	-6	3.9	-0.9	0.8
Changes in Accounts Payable	-0.4	-0.3	0.2	-9.5	-2.2
Operating Cash Flow	55.6	54	44.9	53.4	10.8
Operating Cash Flow Growth	2.96%	20.27%	-15.92%	394.44%	-80.85%
Capital Expenditures	-16.1	-18.4	-13.5	-25.4	-24.4
Purchases of Intangible Assets	-7.6	-5.4	-9.7	-4.4	-15.2
Proceeds from Business Divestments	2.9	8.6	20.6	18.4	2
Other Investing Activities	-3.9	-2.7	-4	-2.6	-2.2
Investing Cash Flow	-24.7	-17.9	-6.6	-14	-39.8
Long-Term Debt Issued	-	2.2	9.2	16.7	39.9
Long-Term Debt Repaid	-	-41.4	-44.2	-27.1	-12.5
Net Long-Term Debt Issued (Repaid)	-	-39.2	-35	-10.4	27.4
Issuance of Common Stock	-	-	-	-	10.9
Repurchase of Common Stock	-0.3	-3.8	-2.8	-2.9	-
Net Common Stock Issued (Repurchased)	-0.3	-3.8	-2.8	-2.9	10.9
Common Dividends Paid	-6.5	-5.9	-5.6	-	-
Other Financing Activities	-0.2	-2.7	-6.7	-6.5	-7.2
Financing Cash Flow	-7	-51.6	-50.1	-19.8	31.1
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.2	-0.6	-0.9	-1.4	0.4
Net Cash Flow	23.9	-15.5	-11.8	19.6	2.1
Free Cash Flow	39.5	35.6	31.4	28	-13.6
Free Cash Flow Growth	10.96%	13.38%	12.14%	-	-
FCF Margin	34.47%	26.18%	18.70%	14.06%	-10.14%
Free Cash Flow Per Share	0.10	0.08	0.07	0.06	-0.03
Levered Free Cash Flow	26.7	7	-37.6	33.4	48.3
Unlevered Free Cash Flow	24.47	47.86	15.74	49.73	19.72