TLV:RTSN 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	FY 2022	FY 2021	FY 2020	2020
Period Ending	Jun '25 Jun 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	2020
Net Income	84.63	61.97	58.69	31.19	28.42	6.53	Upgrade
Depreciation & Amortization	0.82	0.81	0.84	0.5	0.8	0.37	Upgrade
Loss (Gain) on Equity Investments	0.08	0.1	0.09	0.09	0.04	0.03	Upgrade
Stock-Based Compensation	1.38	1.55	1.87	-	-	-	Upgrade
Other Operating Activities	-30.68	15.71	-13.09	7.71	22.57	14.72	Upgrade
Change in Accounts Receivable	-85.35	-147.74	-37.66	90.48	-68.96	-26.17	Upgrade
Change in Inventory	-202.5	36.85	-12.34	2.78	75.59	32.85	Upgrade
Change in Accounts Payable	1.04	-3.68	0.91	3.24	2.55	9.56	Upgrade
Change in Unearned Revenue	-61.31	-61.31	-77.74	-81.53	-89.16	-33.38	Upgrade
Change in Other Net Operating Assets	13.87	-6.57	-32.44	7.93	21.27	7.62	Upgrade
Operating Cash Flow	-278.03	-102.31	-110.88	62.39	-6.86	12.12	Upgrade
Operating Cash Flow Growth	-	-	-	-	-	13.27%	Upgrade
Capital Expenditures	-0.1	-0.09	-0.09	-0.12	-0.19	-0	Upgrade
Investment in Securities	-0.24	-0.24	-	-	-4	-	Upgrade
Other Investing Activities	71.07	10.19	58.52	-51.5	-21.31	10.05	Upgrade
Investing Cash Flow	49.85	2.7	65.4	-116.71	-34.76	2.89	Upgrade
Short-Term Debt Issued	-	56.81	-	-	21.48	52.08	Upgrade
Long-Term Debt Issued	-	150.26	101.4	83.82	100.01	-	Upgrade
Total Debt Issued	440.5	207.07	101.4	83.82	121.49	52.08	Upgrade
Short-Term Debt Repaid	-	-	-5.11	-18.57	-71.43	-58.44	Upgrade
Long-Term Debt Repaid	-	-50.67	-40.97	-13.8	-9.45	-0.31	Upgrade
Total Debt Repaid	-110.55	-50.67	-46.08	-32.37	-80.88	-58.75	Upgrade
Net Debt Issued (Repaid)	329.95	156.4	55.32	51.45	40.61	-6.67	Upgrade
Issuance of Common Stock	0.14	-	-	14.29	41.56	-	Upgrade
Common Dividends Paid	-15	-15	-	-	-	-	Upgrade
Other Financing Activities	-20.16	-11.95	-12.44	-5.7	-22.66	-3.54	Upgrade
Financing Cash Flow	294.93	129.45	42.87	60.04	59.52	-10.2	Upgrade
Net Cash Flow	66.75	29.84	-2.6	5.71	17.9	4.81	Upgrade
Free Cash Flow	-278.13	-102.4	-110.97	62.26	-7.06	12.12	Upgrade
Free Cash Flow Growth	-	-	-	-	-	13.64%	Upgrade
Free Cash Flow Margin	-83.12%	-24.50%	-39.51%	21.48%	-1.96%	6.15%	Upgrade
Free Cash Flow Per Share	-17.20	-6.40	-7.34	4.12	-0.47	1.21	Upgrade
Cash Interest Paid	16.28	16.28	12.44	5.7	25.51	3.54	Upgrade
Cash Income Tax Paid	6.94	6.94	7.93	9.24	1.42	5.24	Upgrade
Levered Free Cash Flow	-32.52	-102.47	12.96	49.41	-40.86	-	Upgrade
Unlevered Free Cash Flow	-19.52	-92.22	20.87	54.18	-37.64	-	Upgrade
Change in Working Capital	-334.25	-182.46	-159.27	22.91	-58.7	-9.53	Upgrade

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