Camtek 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	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	118.52	78.63	79.95	60.28
Depreciation & Amortization	10.67	5.78	4.09	2.81
Other Amortization	1.09	1.09	1.09	0.11
Loss (Gain) From Sale of Assets	-	-	-	0
Stock-Based Compensation	14.5	12.6	10.52	5.82
Provision & Write-off of Bad Debts	0.03	0.1	-0.01	-0.03
Other Operating Activities	-1.59	-1.25	-0.78	0.26
Change in Accounts Receivable	-12.18	-1.89	-21.98	-17.34
Change in Inventory	-32.15	-13.69	-9.52	-21.7
Change in Accounts Payable	4.28	10.12	-2.11	6.19
Change in Other Net Operating Assets	19.08	-12.18	-3.46	24.56
Operating Cash Flow	122.24	79.32	57.8	60.96
Operating Cash Flow Growth	54.10%	37.24%	-5.18%	136.71%
Capital Expenditures	-10.1	-8.1	-8.2	-4.07
Cash Acquisitions	-	-101.78	-	-
Divestitures	1.3	-	-	-
Sale (Purchase) of Intangibles	-0.26	-0.17	-0.1	-0.11
Investment in Securities	-41.84	-55.4	-95.5	-84
Other Investing Activities	-5	58	-47	-32
Investing Cash Flow	-55.91	-107.45	-150.79	-120.18
Long-Term Debt Issued	-	-	-	194.53
Long-Term Debt Repaid	-0.04	-	-	-
Net Debt Issued (Repaid)	-0.04	-	-	194.53
Issuance of Common Stock	0.04	0.18	0	0.27
Common Dividends Paid	-60.05	-	-	-
Financing Cash Flow	-60.05	0.18	0	194.8
Foreign Exchange Rate Adjustments	-0.03	-0.24	-0.8	0.55
Net Cash Flow	6.26	-28.19	-93.79	136.13
Free Cash Flow	112.14	71.23	49.6	56.89
Free Cash Flow Growth	57.44%	43.60%	-12.81%	143.73%
Free Cash Flow Margin	26.13%	22.59%	15.46%	21.10%
Free Cash Flow Per Share	2.27	1.46	1.03	1.26
Cash Income Tax Paid	10.45	13.81	11.84	0.56
Levered Free Cash Flow	69.92	23.74	21.13	42.49
Unlevered Free Cash Flow	69.51	23.33	20.72	42.65
Change in Working Capital	-20.98	-17.64	-37.08	-8.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.