Trainline Cash Flow Statement

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

Millions GBP. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	114.32	80.89	48.12	22.09	-15.54
Depreciation & Amortization	40.81	43.17	41.66	41.17	42.58
Stock-Based Compensation	13.41	21.45	22.63	17.29	6.78
Other Adjustments	8.11	9.21	7.46	5.55	5.23
Change in Receivables	-25.26	-10.92	0.97	-13.99	-33.56
Changes in Accounts Payable	-4.55	3.45	8.95	-29.1	189.68
Changes in Income Taxes Payable	-15.9	-12.99	-10.68	-4.14	4.44
Changes in Other Operating Activities	2.08	3.95	2.62	0.73	-
Operating Cash Flow	133.02	138.2	121.73	39.61	199.61
Operating Cash Flow Growth	-3.75%	13.53%	207.35%	-80.16%	-
Capital Expenditures	-16.85	-1.44	-2.85	-2.41	-4.56
Purchases of Intangible Assets	-36.63	-40.87	-37.03	-32.81	-24.79
Payments for Business Acquisitions	-0.23	-0.36	-0.87	-	-
Investing Cash Flow	-53.7	-42.67	-40.75	-35.22	-29.34
Long-Term Debt Issued	400	180	-	-	97
Long-Term Debt Repaid	-323.71	-174.91	-	-	-212.22
Net Long-Term Debt Issued (Repaid)	76.29	5.09	-	-	-115.22
Repurchase of Common Stock	-161.21	-106.49	-	-	-16.6
Net Common Stock Issued (Repurchased)	-161.21	-106.49	-	-	-16.6
Other Financing Activities	-12.28	-7.68	-	-	-5.69
Financing Cash Flow	-97.2	-109.08	-	-	-137.51
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.83	-0.78	-	-	-0.83
Net Cash Flow	-17.88	-13.55	80.98	4.39	32.76
Free Cash Flow	116.17	136.76	118.88	37.2	195.05
Free Cash Flow Growth	-15.05%	15.04%	219.58%	-80.93%	-
FCF Margin	25.66%	30.93%	29.96%	11.37%	103.47%
Free Cash Flow Per Share	0.28	0.30	0.25	0.08	0.41
Levered Free Cash Flow	161.7	99.58	73.68	27.47	105.02
Unlevered Free Cash Flow	91.07	97.87	78.96	32.8	224.24