Elad Software Systems Ltd (TLV:ELAD)

Elad Software Systems Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	22.64	14.55	8.49
Depreciation & Amortization	10.67	11.28	10.71
Stock-Based Compensation	4.35	-	-
Other Operating Activities	7.82	4.33	6.37
Change in Accounts Receivable	-19.44	-37.25	-15.2
Change in Accounts Payable	-4.08	2.59	-0.53
Change in Other Net Operating Assets	8.38	17.83	10.16
Operating Cash Flow	30.33	13.33	20.01
Operating Cash Flow Growth	127.61%	-33.41%	-
Capital Expenditures	-2.04	-1.47	-3.11
Cash Acquisitions	-	-1.57	-1.62
Sale (Purchase) of Intangibles	-5.5	-4.19	-2.59
Investing Cash Flow	-7.54	-7.22	-7.31
Short-Term Debt Issued	18.49	9.13	-
Total Debt Issued	18.49	9.13	-
Short-Term Debt Repaid	-26.08	-1.2	-4.65
Long-Term Debt Repaid	-6.68	-8.35	-8.91
Total Debt Repaid	-32.77	-9.55	-13.56
Net Debt Issued (Repaid)	-14.28	-0.42	-13.56
Other Financing Activities	-4.75	-3.8	-1.93
Financing Cash Flow	-19.02	-4.22	-15.49
Net Cash Flow	3.76	1.89	-2.79
Free Cash Flow	28.29	11.86	16.9
Free Cash Flow Growth	138.53%	-29.84%	-
Free Cash Flow Margin	5.80%	2.58%	4.32%
Free Cash Flow Per Share	0.70	0.30	-
Cash Interest Paid	4.75	3.8	1.93
Cash Income Tax Paid	5.1	5.58	3.23
Levered Free Cash Flow	15.12	-2.45	-
Unlevered Free Cash Flow	20.06	1.88	-
Change in Working Capital	-15.14	-16.83	-5.57

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