STG International Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	11.22	21.34	18.4	16.89	6.01
Depreciation & Amortization	5.84	2.65	2.86	3.42	2.87
Other Amortization	-	2.67	2.37	-	-
Asset Writedown & Restructuring Costs	-	-	0.59	-	-
Loss (Gain) From Sale of Investments	-0.15	0.71	1.15	0.56	-0.5
Loss (Gain) on Equity Investments	-	-	-	0.75	-0.21
Other Operating Activities	5.17	-3.02	4.5	-1.02	-1.49
Change in Accounts Receivable	11.99	-5.68	5.76	-20.59	-0.92
Change in Inventory	-2.18	4.75	-11.31	2.95	-2.75
Change in Accounts Payable	0.48	1.11	1.22	1.7	6.19
Operating Cash Flow	32.38	24.53	25.55	4.66	9.21
Operating Cash Flow Growth	32.00%	-4.00%	448.70%	-49.41%	-
Capital Expenditures	-0.83	-0.1	-0.41	-0.57	-1.04
Sale (Purchase) of Intangibles	-1.99	-1.64	-2.37	-3.59	-5.83
Investment in Securities	-0.16	0.12	-0.33	5.36	-0.03
Other Investing Activities	-	-	-	0.29	0
Investing Cash Flow	-2.98	-1.63	-3.11	1.48	-6.9
Long-Term Debt Issued	-	-	-	10	10
Total Debt Issued	-	-	-	10	10
Short-Term Debt Repaid	-	-	-2.01	-0.3	-4.2
Long-Term Debt Repaid	-5.05	-4.84	-4.75	-2.85	-0.6
Total Debt Repaid	-5.05	-4.84	-6.76	-3.15	-4.8
Net Debt Issued (Repaid)	-5.05	-4.84	-6.76	6.85	5.2
Issuance of Common Stock	6.96	-	9.82	-	-
Common Dividends Paid	-15	-	-	-	-
Other Financing Activities	-	-0.16	-0.5	-	-
Financing Cash Flow	-13.09	-5	2.56	6.85	5.2
Foreign Exchange Rate Adjustments	-5.11	-0.51	-0.52	-0.4	-0.13
Net Cash Flow	11.21	17.4	24.49	12.58	7.38
Free Cash Flow	31.55	24.43	25.14	4.09	8.17
Free Cash Flow Growth	29.14%	-2.83%	515.47%	-49.99%	-
Free Cash Flow Margin	17.19%	13.58%	14.73%	2.86%	8.29%
Free Cash Flow Per Share	6.62	5.25	5.78	0.94	1.88
Cash Interest Paid	-	-	-	-	0.59
Cash Income Tax Paid	-	-	-	-	3.13
Levered Free Cash Flow	19.53	14.97	15.92	-6.5	2.45
Unlevered Free Cash Flow	26.78	15.34	16.44	-5.99	2.82
Change in Working Capital	10.29	0.19	-4.32	-15.94	2.52

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