ATI Physical Therapy Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-58.3	-69.8	-492.38	-778.33	-5.37
Depreciation & Amortization	26.64	29.71	32.39	76.73	74.43
Other Amortization	9.64	10.59	11.07	10.05	13.91
Loss (Gain) From Sale of Assets	0.34	1.74	0.01	-5.19	0.47
Asset Writedown & Restructuring Costs	1.47	5.59	486.26	962.3	-
Stock-Based Compensation	9.67	8.77	7.37	5.75	1.94
Provision & Write-off of Bad Debts	15.83	11.25	13.87	16.37	16.23
Other Operating Activities	48.66	34.79	-41.47	-242.87	36.12
Change in Accounts Receivable	-29.28	-18.6	-12.57	-10.2	-3.31
Change in Accounts Payable	3.41	1.14	-0.05	1.83	0.8
Change in Other Net Operating Assets	-47.24	-27.54	-70.02	-78.56	3.4
Operating Cash Flow	-19.17	-12.37	-65.51	-42.1	138.6
Operating Cash Flow Growth	-	-	-	-	189.10%
Capital Expenditures	-14.85	-17.32	-28.15	-40.29	-21.89
Sale of Property, Plant & Equipment	0.12	0.09	0.16	0.22	0.33
Cash Acquisitions	-	-0.49	-0.14	-4.52	-
Divestitures	0.48	0.36	0.08	6.38	-
Sale (Purchase) of Intangibles	-	-	-	-1.68	-0.25
Investing Cash Flow	-14.25	-17.37	-28.05	-39.89	-21.81
Long-Term Debt Issued	66.65	38.24	548.2	-	68.75
Total Debt Issued	66.65	38.24	548.2	-	68.75
Long-Term Debt Repaid	-25.32	-44.75	-555.05	-456.2	-76.92
Total Debt Repaid	-25.32	-44.75	-555.05	-456.2	-76.92
Net Debt Issued (Repaid)	41.33	-6.51	-6.85	-456.2	-8.17
Issuance of Common Stock	-	-	-	300	-
Repurchase of Common Stock	-0.51	-0.07	-0.05	-0.13	-
Other Financing Activities	-5.13	-10.03	-9.69	203.81	-4.8
Financing Cash Flow	35.7	-16.61	128.08	-11.52	-12.97
Net Cash Flow	2.28	-46.34	34.52	-93.51	103.83
Free Cash Flow	-34.02	-29.69	-93.66	-82.39	116.72
Free Cash Flow Growth	-	-	-	-	1637.64%
Free Cash Flow Margin	-4.61%	-4.32%	-15.06%	-13.47%	20.26%
Free Cash Flow Per Share	-7.87	-7.18	-23.05	-24.85	45.49
Cash Interest Paid	55.84	52.89	41.62	41.94	58.42
Cash Income Tax Paid	-0.01	-0.05	0.08	0.08	-1.1
Levered Free Cash Flow	-4.62	-9.69	-62.89	8.79	53.82
Unlevered Free Cash Flow	28.87	25.57	-37.46	40.79	104.91

Source: S&P Global Market Intelligence. Standard template. Financial Sources.