QinetiQ Group Cash Flow Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	-210.4	-185.7	139.6	154.4	90	121.7
Depreciation & Amortization	96.6	94.8	83.3	67.1	56.9	58.8
Other Amortization	13.1	13.1	8.6	8.3	5.8	2.8
Loss (Gain) From Sale of Assets	50.8	45.4	-1.2	-17.7	0.2	-27.5
Asset Writedown & Restructuring Costs	149.1	148.9	0.7	-	1.7	25.9
Loss (Gain) From Sale of Investments	-	-	-	-	-	-0.3
Loss (Gain) on Equity Investments	0.4	-0.3	-0.8	-0.8	-0.3	-0.7
Stock-Based Compensation	9.6	9.8	9.4	6.1	7.4	10.6
Other Operating Activities	43	45.5	-6.3	-3.7	5	-0.6
Change in Accounts Receivable	61.6	56.3	-10	-56.7	-13	-97.3
Change in Inventory	17.9	16.5	-21.4	-9.6	1.4	-4.6
Change in Accounts Payable	-21.1	-23	41.2	58.6	33.6	89.2
Operating Cash Flow	210.6	221.3	243.1	206	188.7	178
Operating Cash Flow Growth	-27.28%	-8.97%	18.01%	9.17%	6.01%	14.10%
Capital Expenditures	-88.1	-96.1	-85.4	-95.2	-62.9	-65
Sale of Property, Plant & Equipment	108.9	108.9	2.3	2.4	1.5	0.1
Cash Acquisitions	0.2	-	-5.1	-385.9	-0.8	-28.5
Divestitures	17.9	-	-	28.1	-	54.4
Sale (Purchase) of Intangibles	-8.5	-12.7	-10.9	-13.8	-21.4	-10.9
Investment in Securities	-	-	-	-	-	0.3
Other Investing Activities	0.3	0.3	-	-	2	-
Investing Cash Flow	30.7	0.4	-99.1	-464.4	-81.6	-49.6
Long-Term Debt Issued	-	-	-	481.1	-	-
Long-Term Debt Repaid	-	-10.8	-6.8	-265.3	-6.2	-8.5
Net Debt Issued (Repaid)	-14.4	-10.8	-6.8	215.8	-6.2	-8.5
Repurchase of Common Stock	-135.9	-108.9	-17.1	-0.8	-0.8	-9
Common Dividends Paid	-48.5	-47.9	-45.6	-42.6	-40.2	-37.7
Other Financing Activities	1.9	9.2	6.3	-12.7	-3.2	-0.4
Financing Cash Flow	-196.9	-158.4	-63.2	159.7	-50.4	-55.6
Foreign Exchange Rate Adjustments	-3.7	-3.7	-1	1.8	1.3	11.5
Net Cash Flow	40.7	59.6	79.8	-96.9	58	84.3
Free Cash Flow	122.5	125.2	157.7	110.8	125.8	113
Free Cash Flow Growth	-40.39%	-20.61%	42.33%	-11.92%	11.33%	78.52%
Free Cash Flow Margin	6.50%	6.48%	8.25%	7.01%	9.53%	8.84%
Free Cash Flow Per Share	0.22	0.22	0.27	0.19	0.22	0.20
Cash Interest Paid	23.6	23.4	19.4	9.9	1.5	1.7
Cash Income Tax Paid	41.9	48.6	36.9	30.2	25.4	15
Levered Free Cash Flow	285.95	166.31	178.38	75.23	102.6	40.23
Unlevered Free Cash Flow	299.24	179.54	190.05	82.74	103.39	41.08
Change in Working Capital	58.4	49.8	9.8	-7.7	22	-12.7

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.