Accolade Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2020
Period Ending	Jun '25 Jun 30, 2025	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	2017 - 2020
Net Income	-22.82	-23.69	-11.14	9.51	-13.81	-94.47	Upgrade
Depreciation & Amortization	31.17	29.24	28.86	25.29	24.14	25.58	Upgrade
Other Amortization	1.57	1.57	0.66	0.43	0.32	0.26	Upgrade
Gain (Loss) on Sale of Assets	-4.65	-	1.37	0.75	-	-	Upgrade
Asset Writedown	11.93	11.93	11.18	-17.32	5.74	66.98	Upgrade
Stock-Based Compensation	-	-	1.04	3.21	0.41	-	Upgrade
Change in Accounts Receivable	-1.44	-2.76	1.78	-0.38	-2.56	3.47	Upgrade
Change in Accounts Payable	-3.73	-2.05	-0.52	1.58	1.35	4.98	Upgrade
Other Operating Activities	20.14	20.9	11.91	14.62	8.16	2.54	Upgrade
Operating Cash Flow	32.29	35.24	45.11	37.66	23.88	9.67	Upgrade
Operating Cash Flow Growth	-24.12%	-21.90%	19.80%	57.69%	146.97%	-74.78%	Upgrade
Acquisition of Real Estate Assets	-11.54	-20.46	-48.77	-10.11	-9.26	-94.51	Upgrade
Sale of Real Estate Assets	30.13	37.36	7.88	38.77	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	18.59	16.9	-40.89	28.66	-9.26	-94.51	Upgrade
Other Investing Activities	0.13	0.04	0.34	0.22	-	0.13	Upgrade
Investing Cash Flow	18.72	16.94	-40.55	28.88	-9.26	-94.93	Upgrade
Long-Term Debt Issued	-	23	273.8	87	1.03	102.81	Upgrade
Total Debt Issued	-	23	273.8	87	1.03	102.81	Upgrade
Long-Term Debt Repaid	-	-26.8	-270.91	-99.35	-11.49	-0.57	Upgrade
Total Debt Repaid	-17.38	-26.8	-270.91	-99.35	-11.49	-0.57	Upgrade
Net Debt Issued (Repaid)	-17.38	-3.8	2.89	-12.35	-10.46	102.24	Upgrade
Common Dividends Paid	-9.23	-15.49	-18.07	-10.14	-	-23.86	Upgrade
Other Financing Activities	-21.63	-21.36	-19.96	-12.58	-11.76	-11.62	Upgrade
Net Cash Flow	2.78	11.52	-30.57	31.47	-7.6	-18.49	Upgrade
Cash Interest Paid	21.36	21.36	15.41	12.19	11.67	11.22	Upgrade
Cash Income Tax Paid	-	-	-	-	-0.8	0.02	Upgrade
Levered Free Cash Flow	34.43	3.73	4.73	16.31	5.87	-79.05	Upgrade
Unlevered Free Cash Flow	46.74	16.43	14.15	23.92	13.16	-71.95	Upgrade
Change in Net Working Capital	-23.26	-0.96	5.43	-1.12	0.74	-8.22	Upgrade

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.