Gilat Satellite Networks 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
Period Ending	Sep '25 Sep 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
Net Income	23.7	24.85	23.5	-5.93	-3.03	35.08
Depreciation & Amortization	19.31	13.55	13.4	11.61	10.99	10.29
Loss (Gain) From Sale of Assets	-	-	-2.08	0.77	0.65	0.18
Stock-Based Compensation	4.65	6.73	3.42	2.22	1.3	1.28
Other Operating Activities	-6.25	1.75	2.83	-0.49	1.77	-0.63
Change in Accounts Receivable	9.02	-0.83	11.75	-8.68	10.21	0.84
Change in Inventory	-2.81	-1.93	-2.39	-5.42	2.45	-5.05
Change in Accounts Payable	-21.26	3.2	-7.64	-0.26	-0.71	-0.16
Change in Unearned Revenue	4.4	-16.39	0.8	5.93	-0.92	-1.54
Change in Other Net Operating Assets	12.51	0.75	-11.67	11.06	-3.81	2.85
Operating Cash Flow	43.26	31.67	31.94	10.81	18.9	43.16
Operating Cash Flow Growth	70.68%	-0.86%	195.40%	-42.79%	-56.20%	24.09%
Capital Expenditures	-10.78	-6.61	-10.75	-12.79	-8.93	-4.72
Sale of Property, Plant & Equipment	-	-	2.17	4.01	-	-
Cash Acquisitions	-104.94	-	-4.11	-	-	-
Investment in Securities	-3.5	-	-	0.62	-2.16	-
Investing Cash Flow	-119.22	-6.61	-12.69	-8.16	-11.09	-4.72
Short-Term Debt Issued	-	7.84	-	-	-	-
Total Debt Issued	60.04	7.84	-	-	-	-
Short-Term Debt Repaid	-	-15.29	-1.59	-	-	-
Long-Term Debt Repaid	-	-	-	-	-4	-4.1
Total Debt Repaid	-5.29	-15.29	-1.59	-	-4	-4.1
Net Debt Issued (Repaid)	54.74	-7.45	-1.59	-	-4	-4.1
Issuance of Common Stock	65.49	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-35	-20
Other Financing Activities	-0.65	-0.65	-	-	-	-
Financing Cash Flow	119.58	-8.11	-1.59	-	-39	-24.1
Foreign Exchange Rate Adjustments	0.52	-1.45	-0.06	0.03	-0.3	-0.36
Net Cash Flow	44.14	15.5	17.61	2.68	-31.5	13.99
Free Cash Flow	32.48	25.06	21.2	-1.98	9.97	38.44
Free Cash Flow Growth	69.54%	18.21%	-	-	-74.07%	43.45%
Free Cash Flow Margin	8.27%	8.20%	7.97%	-0.83%	4.64%	23.14%
Free Cash Flow Per Share	0.56	0.44	0.37	-0.04	0.18	0.69
Cash Interest Paid	0.54	0.54	0.56	-	0.1	0.29
Cash Income Tax Paid	1.89	1.89	13.64	2.44	1.19	1.08
Levered Free Cash Flow	66.23	5.9	2.42	12.09	3.69	23.39
Unlevered Free Cash Flow	68.53	6.22	2.56	12.09	3.69	23.51
Change in Working Capital	1.85	-15.21	-9.13	2.63	7.22	-3.05

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