Horizon Kinetics Holding 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	92.47	-4.49	38.6
Depreciation & Amortization	1.92	1.83	1.86
Loss (Gain) From Sale of Investments	-882.5	-78.97	-18.15
Loss (Gain) on Equity Investments	-6.04	2.45	-7.77
Provision & Write-off of Bad Debts	3.07	0.7	-
Other Operating Activities	785.08	92.06	0.44
Change in Accounts Receivable	-5.06	5.54	7.24
Change in Accounts Payable	24.92	-0.07	-0.22
Change in Unearned Revenue	-	-	-1.95
Change in Other Net Operating Assets	-2.02	6.44	-0.69
Operating Cash Flow	11.84	25.48	19.36
Operating Cash Flow Growth	-53.54%	31.58%	-
Capital Expenditures	-0.05	-0.1	-0.3
Sale of Property, Plant & Equipment	-	-	0.38
Cash Acquisitions	2.82	-	-
Investment in Securities	-0.47	1.35	-3.43
Other Investing Activities	-0.17	-0.48	-
Investing Cash Flow	2.14	0.78	-3.34
Issuance of Common Stock	2.67	-	-
Common Dividends Paid	-5.07	-9.62	-14.28
Other Financing Activities	-22.42	-5.77	-
Financing Cash Flow	-24.82	-15.39	-14.28
Net Cash Flow	-10.84	10.87	1.74
Free Cash Flow	11.79	25.38	19.06
Free Cash Flow Growth	-53.55%	33.16%	-
Free Cash Flow Margin	20.62%	53.70%	31.65%
Free Cash Flow Per Share	0.65	1.41	-
Cash Income Tax Paid	-	-	0.66
Levered Free Cash Flow	10.39	-6.49	-
Unlevered Free Cash Flow	10.39	-6.49	-
Change in Net Working Capital	-16.77	8.15	-

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