Perion Network 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	-10.96	12.61	114.96	97.48	38.71	10.23
Depreciation & Amortization	4.57	4.78	4.01	13.84	8.51	3.29
Other Amortization	11.66	11.66	10.08	-	1.39	6.64
Loss (Gain) From Sale of Assets	-0.05	-0.05	-0.03	-0.01	0.12	0.01
Asset Writedown & Restructuring Costs	1.32	6.9	-	-	-	-
Stock-Based Compensation	35.14	27.21	18.04	13.32	6.99	4.45
Other Operating Activities	-0.11	-6.99	11.6	-12.06	-2.27	1.42
Change in Accounts Receivable	66.06	66.06	-5.33	-45.24	-34.24	-32.05
Change in Accounts Payable	-96.36	-96.36	6.88	48.19	35.22	24.74
Change in Unearned Revenue	-0.25	-0.25	-1.09	-1.47	-1.85	1.51
Change in Other Net Operating Assets	13.43	-18.63	-3.66	8.08	18.53	1.93
Operating Cash Flow	24.47	6.94	155.46	122.12	71.11	22.16
Operating Cash Flow Growth	-53.68%	-95.54%	27.30%	71.74%	220.89%	-50.47%
Capital Expenditures	-4.83	-6.87	-0.81	-1.06	-0.63	-0.46
Sale of Property, Plant & Equipment	0.05	0.05	0.03	0.01	0.1	0.01
Cash Acquisitions	-26.57	-	-101.92	-9.57	-38.44	-19
Sale (Purchase) of Intangibles	-1.2	-	-	-	-	-
Investment in Securities	38.59	69.43	-30.65	-36.2	-204.5	10.53
Investing Cash Flow	6.04	62.6	-133.35	-46.82	-243.47	-8.92
Long-Term Debt Repaid	-	-	-	-	-8.33	-8.33
Total Debt Repaid	-0.45	-	-	-	-8.33	-8.33
Net Debt Issued (Repaid)	-0.45	-	-	-	-8.33	-8.33
Issuance of Common Stock	0.15	0.55	2.43	5.83	237.39	4.29
Repurchase of Common Stock	-60.67	-46.92	-	-	-	-
Other Financing Activities	-	-54.54	-13.26	-9.09	-	-
Financing Cash Flow	-60.97	-100.91	-10.82	-3.26	229.05	-4.05
Foreign Exchange Rate Adjustments	0.16	-0.21	0.14	-0.06	-0.03	0.08
Net Cash Flow	-30.3	-31.59	11.43	71.99	56.66	9.27
Free Cash Flow	19.64	0.07	154.65	121.06	70.48	21.7
Free Cash Flow Growth	-58.26%	-99.96%	27.75%	71.77%	224.79%	-50.15%
Free Cash Flow Margin	4.54%	0.01%	20.81%	18.91%	14.73%	6.62%
Free Cash Flow Per Share	0.45	0.00	3.09	2.52	1.86	0.75
Cash Interest Paid	0.01	0.01	0.01	0.01	0.2	1.1
Cash Income Tax Paid	13.1	13.1	18.03	7.69	4.37	3.18
Levered Free Cash Flow	7.07	-71.7	139.48	82.16	88.77	23.36
Unlevered Free Cash Flow	7.07	-71.7	139.48	82.16	88.84	24.01
Change in Working Capital	-17.12	-49.18	-3.21	9.56	17.66	-3.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.