Space-Communication 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	18.64	16.21	-25.3	-70.18	-15.42	-35.32
Depreciation & Amortization	41.61	51.13	52.18	52.76	52.67	67.73
Loss (Gain) From Sale of Assets	-	-	-	-	-	0.04
Asset Writedown & Restructuring Costs	-14.87	-14.87	20.2	63.71	-	-
Stock-Based Compensation	0.01	0.02	0.09	0.09	0.17	0.38
Other Operating Activities	-10.84	-3.17	2.91	22.12	29.09	33.04
Change in Accounts Receivable	15.51	-0.46	5.56	-3.56	-3.14	5.85
Change in Accounts Payable	0.72	0.51	0.04	-0.19	0.12	-2.41
Change in Unearned Revenue	-5.31	-7.48	-8.02	-8.02	-8.02	-8.02
Change in Other Net Operating Assets	26.23	18.32	18	2.47	-1.3	10.43
Operating Cash Flow	71.69	60.21	65.67	59.21	54.17	71.71
Operating Cash Flow Growth	20.53%	-8.30%	10.91%	9.30%	-24.46%	34.39%
Capital Expenditures	-0.26	-0.24	-0.36	-1.71	-0.49	-0.39
Sale of Property, Plant & Equipment	-	-	-	-	-	0.13
Investment in Securities	-0.31	-0.23	-0.3	9.13	31.9	-14.2
Other Investing Activities	-198.96	-47.45	-55.66	-14.96	-1.21	-1.07
Investing Cash Flow	-199.53	-47.92	-56.31	-7.54	30.2	-15.52
Long-Term Debt Repaid	-	-10.6	-15.65	-74.4	-48.55	-64.15
Net Debt Issued (Repaid)	138.62	-10.6	-15.65	-74.4	-48.55	-64.15
Issuance of Common Stock	-	-	5.61	8.29	-	-
Other Financing Activities	-3.61	-	-	-20.24	-23.16	-24.2
Financing Cash Flow	135.01	-10.6	-10.04	-86.35	-71.71	-88.35
Foreign Exchange Rate Adjustments	3.28	-0.58	-1.34	-8.79	1.96	3.34
Net Cash Flow	10.47	1.11	-2.02	-43.46	14.62	-28.83
Free Cash Flow	71.44	59.97	65.31	57.5	53.68	71.32
Free Cash Flow Growth	18.49%	-8.17%	13.59%	7.12%	-24.74%	142.21%
Free Cash Flow Margin	77.98%	59.96%	65.86%	58.53%	57.29%	81.22%
Free Cash Flow Per Share	1.62	1.67	1.85	2.24	2.23	2.96
Cash Interest Paid	-	-	-	20.24	23.16	24.35
Cash Income Tax Paid	0.02	0.07	0.1	0.05	0.05	0.05
Levered Free Cash Flow	-135.09	21.61	19.31	30.55	33.26	61.14
Unlevered Free Cash Flow	-115.62	39.55	36.06	47.52	50.68	78.57
Change in Working Capital	37.15	10.89	15.58	-9.3	-12.35	5.85

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