KORE US REIT Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4.3	-4.08	-6.89	-67.73	48.49	77.35
Other Amortization	0.8	0.8	0.73	0.67	1.06	0.69
Gain (Loss) on Sale of Assets	-	-	-	-	-0.19	-
Asset Writedown	40.46	40.46	46.66	142.26	39.18	-19.21
Stock-Based Compensation	-	-	-	-	1.66	6.25
Change in Accounts Receivable	-2.06	-0.38	-1.6	-0.43	-0.05	-0.1
Change in Accounts Payable	0.14	2.1	1.76	1.76	2.96	2.63
Change in Other Net Operating Assets	0.27	0.59	0.05	0.1	-0.26	0.03
Other Operating Activities	33.38	37.56	33.91	3.06	-13.11	15.89
Operating Cash Flow	76.28	76.93	75.7	80.28	79.37	82.92
Operating Cash Flow Growth	-0.84%	1.62%	-5.70%	1.14%	-4.28%	11.14%
Acquisition of Real Estate Assets	-45.17	-45.33	-53.63	-42.68	-43.63	-130.97
Sale of Real Estate Assets	-	-	-	-	35.88	-
Net Sale / Acq. of Real Estate Assets	-45.17	-45.33	-53.63	-42.68	-7.75	-130.97
Other Investing Activities	1.32	1.38	1.32	0.82	0.15	0.07
Investing Cash Flow	-43.85	-43.96	-52.32	-41.86	-7.6	-130.89
Long-Term Debt Issued	-	39.5	144.3	31.92	281.52	133.5
Total Debt Issued	39.5	39.5	144.3	31.92	281.52	133.5
Long-Term Debt Repaid	-	-34	-139	-10.22	-264.72	-75.8
Net Debt Issued (Repaid)	-8	5.5	5.3	21.7	16.8	57.7
Issuance of Common Stock	-	-	-	-	-	65
Preferred Stock Issued	0.73	0.73	-	-	0.87	-
Preferred Share Repurchases	-	-	-	-0.25	-	-
Common Dividends Paid	-2.61	-	-	-55.15	-57.96	-65.52
Total Dividends Paid	-2.61	-	-	-55.15	-57.96	-65.52
Other Financing Activities	-29.58	-27.11	-28.27	-24.38	-19.03	-15.56
Net Cash Flow	-7.03	12.09	0.42	-19.66	12.46	-6.35
Levered Free Cash Flow	27.15	21.67	21.04	33.42	60.37	54.45
Unlevered Free Cash Flow	47.19	44.89	42.05	54.01	51.34	55.48
Cash Income Tax Paid	0	0	-	0	0.01	0.05
Change in Working Capital	-2.23	1.3	0.79	1.96	2.38	1.55