The Shyft Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-21.2	-9.15	-3.54	-3.44
Depreciation & Amortization	0.9	1.06	0.68	0.27
Other Amortization	0.16	0.35	0.02	-
Loss (Gain) From Sale of Assets	-0	-0.02	-	0.02
Asset Writedown & Restructuring Costs	0.59	0.18	0.59	-
Stock-Based Compensation	0.04	0	0.01	0.01
Provision & Write-off of Bad Debts	0.07	0.07	-	-
Other Operating Activities	10.09	0.48	-0.59	-0.08
Change in Accounts Receivable	-0.1	0.06	-0.37	0.03
Change in Inventory	0.33	0.19	-0.07	-0.19
Change in Accounts Payable	3.2	1.01	1.3	-0.09
Change in Unearned Revenue	-0.11	0.48	0.57	0
Change in Other Net Operating Assets	1.74	0.71	-0.24	-0.01
Operating Cash Flow	-4.3	-4.58	-1.63	-3.47
Capital Expenditures	-0.05	-0.04	-0.02	-0.03
Sale of Property, Plant & Equipment	-0	0.06	-	-
Cash Acquisitions	-	-	-1.13	-0.13
Sale (Purchase) of Intangibles	-0.13	-0.04	-0.15	-0.26
Investment in Securities	-	-0.05	-	-
Other Investing Activities	0.57	-0.45	-	-
Investing Cash Flow	0.39	-0.51	-1.29	-0.42
Long-Term Debt Issued	-	9.95	3.33	0.33
Long-Term Debt Repaid	-	-2.24	-0.62	-0.09
Net Debt Issued (Repaid)	-71.53	7.7	2.72	0.24
Other Financing Activities	75.99	-3.48	-0.47	-
Financing Cash Flow	4.46	4.23	3.45	1.48
Foreign Exchange Rate Adjustments	0.02	0.1	0.06	0.02
Miscellaneous Cash Flow Adjustments	-0	-0	-	-
Net Cash Flow	0.56	-0.76	0.59	-2.39
Free Cash Flow	-4.36	-4.62	-1.65	-3.5
Free Cash Flow Margin	-19.99%	-23.12%	-10.70%	-80.75%
Free Cash Flow Per Share	-0.21	-2.91	-1.04	-
Cash Interest Paid	226.39	0.38	0.15	0.04
Levered Free Cash Flow	7.77	-4.22	-1.02	-
Unlevered Free Cash Flow	9.08	-3.68	-0.87	-
Change in Net Working Capital	-13.61	0.11	-0.65	-

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