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	-6.6	23.6	-48.8	24.4	-4.7
Depreciation & Amortization	46.6	21	121	27.3	-1
Loss (Gain) From Sale of Assets	-	-	-	-	10.4
Asset Writedown & Restructuring Costs	-	-0.4	-	-	-
Stock-Based Compensation	1.6	0.9	0.9	1.3	2.4
Other Operating Activities	-15	3.9	-13.2	18.5	12.3
Change in Accounts Receivable	26.2	11.3	-19.1	-7.7	-7.2
Change in Inventory	3.2	-6	3.9	-0.9	0.8
Change 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
Sale (Purchase) of Intangibles	-7.6	-5.4	-9.7	-4.4	-15.2
Other Investing Activities	-1	5.9	16.6	15.8	-0.2
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	-0.2	-41.7	-44.5	-27.2	-12.9
Net Debt Issued (Repaid)	-0.2	-39.5	-35.3	-10.5	27
Issuance of Common Stock	-	-	-	-	11.7
Repurchase of Common Stock	-0.3	-3.8	-2.8	-2.9	-
Common Dividends Paid	-6.5	-5.9	-5.6	-	-
Other Financing Activities	-	-2.4	-6.4	-6.4	-7.6
Financing Cash Flow	-7	-51.6	-50.1	-19.8	31.1
Foreign Exchange Rate Adjustments	-0.2	-0.6	-0.9	-1.4	0.4
Net Cash Flow	23.7	-16.1	-12.7	18.2	2.5
Free Cash Flow	39.5	35.6	31.4	28	-13.6
Free Cash Flow Growth	10.96%	13.38%	12.14%	-	-
Free Cash Flow Margin	36.81%	28.08%	19.95%	15.18%	-10.97%
Free Cash Flow Per Share	0.10	0.09	0.07	0.06	-0.03
Cash Interest Paid	0.1	2.4	6.4	6	6.8
Cash Income Tax Paid	30.7	37.2	44.3	54.7	39.9
Levered Free Cash Flow	58.85	46.95	83.48	61.1	-64.09
Unlevered Free Cash Flow	58.85	47.64	88.29	67.41	-60.21
Change in Working Capital	29	5	-15	-18.1	-8.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.