Michpal Technologies Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	10.87	22.45	19.43
Depreciation & Amortization	30.38	21.8	14.43
Other Amortization	1.43	1.43	1.44
Loss (Gain) From Sale of Assets	-0	0.05	-
Other Operating Activities	1.4	-2.96	-1.92
Change in Accounts Receivable	5.09	3.48	1.14
Change in Accounts Payable	-0.64	-1.17	-1.19
Change in Other Net Operating Assets	0.51	3.47	-2.7
Operating Cash Flow	56.51	48.54	30.64
Operating Cash Flow Growth	-	58.41%	-
Capital Expenditures	-1.71	-1.3	-1.35
Sale of Property, Plant & Equipment	0.16	0.04	0.02
Cash Acquisitions	-118.85	-115.96	-31.64
Sale (Purchase) of Intangibles	-1.31	-1.57	-1.51
Investment in Securities	6.97	3.75	-0.52
Other Investing Activities	-2.37	-2.37	-
Investing Cash Flow	-117.1	-117.39	-35.01
Short-Term Debt Issued	-	-	1.11
Long-Term Debt Issued	-	135.4	22.5
Total Debt Issued	165.9	135.4	23.61
Short-Term Debt Repaid	-	-0.87	-
Long-Term Debt Repaid	-	-10.74	-15.12
Total Debt Repaid	-28.74	-11.61	-15.12
Net Debt Issued (Repaid)	137.17	123.79	8.49
Common Dividends Paid	-31.91	-22.61	-3.66
Other Financing Activities	-33.38	-7.97	-3.04
Financing Cash Flow	71.88	93.21	1.79
Net Cash Flow	11.29	24.35	-2.57
Free Cash Flow	54.8	47.25	29.29
Free Cash Flow Growth	-	61.30%	-
Free Cash Flow Margin	30.18%	29.59%	20.61%
Free Cash Flow Per Share	3.02	3.90	2.42
Cash Interest Paid	6.43	5.48	2.45
Cash Income Tax Paid	15.08	11.8	9.44
Levered Free Cash Flow	-	66.72	-
Unlevered Free Cash Flow	-	70.8	-
Change in Working Capital	4.96	5.78	-2.75

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