Av-Gad Holdings Ltd (TLV:AVGD)

Av-Gad Holdings Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-11.17	-2.33	-6.41	0.9	-4.26
Depreciation & Amortization	0.79	0.44	0.34	0.25	0.17
Loss (Gain) From Sale of Assets	-16.44	-	-	0.08	-
Loss (Gain) on Equity Investments	0.01	0.01	0.11	0.05	-1
Other Operating Activities	15.31	6.45	3.11	6.89	4.74
Change in Accounts Receivable	-58.8	-15.62	-10.49	-1.47	7.92
Change in Inventory	-105.11	-9.38	-23.71	24.68	-38.6
Change in Accounts Payable	28.38	14.38	4.94	1.59	5.34
Change in Unearned Revenue	-47.25	-19.27	-11.92	-18.5	-14.61
Change in Other Net Operating Assets	-2.74	-2.92	-24.92	19.8	16.28
Operating Cash Flow	-197.04	-28.25	-68.94	34.27	-24.01
Capital Expenditures	-10.29	-2.06	-0.04	-20.53	-1.53
Sale (Purchase) of Intangibles	-	-1.2	-	-	-
Investment in Securities	-4	-	-	-	-
Other Investing Activities	41.36	-49.56	25.64	-13.45	-26.31
Investing Cash Flow	27.08	-52.83	25.61	-33.45	-28.76
Long-Term Debt Issued	184.85	98.44	65.03	32.82	101.51
Long-Term Debt Repaid	-24.19	-32.58	-35.06	-34.99	-56.59
Net Debt Issued (Repaid)	160.65	65.86	29.97	-2.17	44.92
Issuance of Common Stock	3.72	19.63	-	17.53	29.58
Other Financing Activities	29.7	-5.61	-6.65	-4.54	-6.29
Financing Cash Flow	194.08	79.87	23.32	10.81	68.21
Net Cash Flow	24.12	-1.21	-20.01	11.63	15.43
Free Cash Flow	-207.32	-30.31	-68.98	13.74	-25.55
Free Cash Flow Margin	-110.03%	-18.26%	-65.78%	10.04%	-26.58%
Free Cash Flow Per Share	-10.11	-1.55	-3.61	0.95	-1.72
Cash Interest Paid	-	10.61	6.65	4.54	6.29
Cash Income Tax Paid	-	1.62	1.08	-0.06	0.54
Levered Free Cash Flow	-173.35	-40.18	-50.11	7.51	-29.97
Unlevered Free Cash Flow	-159.15	-32.88	-45.27	9.66	-25.87
Change in Working Capital	-185.53	-32.82	-66.09	26.1	-23.67

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