American Overseas Group Limited (AOREF)

American Overseas Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	10.72	9.4	5.33	-1.48	-5.5	-5.01
Gain (Loss) on Sale of Investments	-0.9	-1.02	-3.55	-0.12	0.09	-1.28
Stock-Based Compensation	-	-	-	-	0.03	0.23
Change in Accounts Receivable	-9.68	-37.42	-79.65	-18.08	-3.55	7.93
Reinsurance Recoverable	-67.95	-64.06	-100.7	-24.25	-29.07	15.49
Change in Accounts Payable	0.82	0.53	9.22	4.08	4.5	2.85
Change in Unearned Revenue	38.15	50.87	92.19	24.51	7.74	-23.12
Change in Deferred Taxes	1.38	1.31	0.65	-	-0.06	-
Change in Insurance Reserves / Liabilities	62.37	88.36	78.69	38.24	22.7	-70.74
Change in Other Net Operating Assets	-36.48	-68.44	-61.17	-26.2	9.46	37.43
Other Operating Activities	2.27	2.31	2.24	2.34	2.45	1.48
Operating Cash Flow	19.29	6.12	38.21	5.12	18.59	-52.25
Operating Cash Flow Growth	-9.31%	-83.98%	646.96%	-72.48%	-	-
Investment in Securities	-8.03	-10.17	-14.19	-4.04	-4.65	56.06
Investing Cash Flow	-8.03	-10.17	-14.19	-4.04	-4.65	56.06
Long-Term Debt Issued	-	-	3.5	1.5	-	-
Total Debt Repaid	-3.69	-	-0.75	-	-	-
Net Debt Issued (Repaid)	-3.69	-	2.75	1.5	-	-
Other Financing Activities	-2.31	-2.31	-5.13	-2.74	-2.39	-12.17
Financing Cash Flow	-6	-2.31	-2.38	-1.24	-2.39	-12.17
Net Cash Flow	5.26	-6.36	21.64	-0.17	11.55	-8.36
Cash Interest Paid	2.31	2.31	2.12	1.8	1.8	1.8
Cash Income Tax Paid	0.51	-	-	-	0.04	-
Levered Free Cash Flow	-47.39	-89.41	-21.59	-39.83	19.2	28.82
Unlevered Free Cash Flow	-45.98	-87.96	-20.19	-38.36	20.69	29.95
Change in Working Capital	7.2	-4.57	34.19	4.37	21.52	-47.84

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