Top Group Software Ltd (TLV:TOPG)
Israel · Delayed Price · Currency is ILS · Price in ILA 1,109.00
+79.00 (7.67%)
Aug 21, 2026, 1:51 PM IDT
Top Group Software Cash Flow Statement
Financials in millions ILS. Fiscal year is January - December.
Millions ILS. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | 16.11 | 16.1 | 15.53 | 12.11 | 14.94 | 14.09 |
Depreciation & Amortization | 10.69 | 10.63 | 10.51 | 11.07 | 9.11 | 7.12 |
Other Amortization | 1.12 | 1.12 | 1.01 | - | - | - |
Asset Writedown & Restructuring Costs | -0.04 | -0.18 | -1.08 | 0.23 | -0.73 | - |
Other Operating Activities | -0.35 | -0.1 | -2.4 | -2.55 | -0.16 | -1.23 |
Change in Accounts Receivable | 23.35 | 18.32 | -33.11 | -8.03 | -17.37 | -10.11 |
Change in Accounts Payable | -7.22 | -7.85 | 24.33 | 1.35 | 5.54 | -0.24 |
Change in Other Net Operating Assets | -6.03 | -3.29 | 6.16 | 5.55 | 5.77 | 2.72 |
Operating Cash Flow | 37.64 | 34.74 | 20.94 | 19.72 | 17.1 | 12.33 |
Operating Cash Flow Growth | 121.97% | 65.90% | 6.22% | 15.32% | 38.61% | -25.36% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Capital Expenditures | -0.06 | -0.15 | -2.02 | -1.24 | -1.54 | -1.56 |
Cash Acquisitions | -10.66 | -5.55 | -15.01 | -1.49 | -2.37 | -18.93 |
Sale (Purchase) of Intangibles | - | - | - | -0.35 | - | -0.4 |
Investment in Securities | 0.33 | 0.18 | 0.08 | 0.06 | 0.54 | 0.24 |
Other Investing Activities | -0.07 | -0.1 | -0.12 | -0.09 | -0.38 | - |
Investing Cash Flow | -8.86 | -4.66 | -15.68 | -1.87 | -2.54 | -20.29 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Short-Term Debt Issued | - | - | - | 19.94 | 5.32 | - |
Long-Term Debt Issued | - | 15.15 | 42.89 | 2 | 13.5 | 26.43 |
Total Debt Issued | 21.13 | 15.15 | 42.89 | 21.94 | 18.82 | 26.43 |
Short-Term Debt Repaid | - | -10.99 | -8.91 | -0.48 | -4.87 | -8.77 |
Long-Term Debt Repaid | - | -23.74 | -24.52 | -17.57 | -14.8 | -9.29 |
Total Debt Repaid | -24.58 | -34.73 | -33.42 | -18.05 | -19.67 | -18.06 |
Net Debt Issued (Repaid) | -3.45 | -19.58 | 9.46 | 3.89 | -0.85 | 8.37 |
Common Dividends Paid | -7.5 | -7.5 | -6 | -5 | -7 | -4.66 |
Other Financing Activities | - | - | - | -1.61 | -4.08 | - |
Financing Cash Flow | -10.95 | -27.08 | 3.46 | -2.72 | -11.93 | 3.71 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 Cash Flow | 17.84 | 3.01 | 8.72 | 15.13 | 2.63 | -4.25 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | 37.58 | 34.6 | 18.92 | 18.48 | 15.55 | 10.77 |
Free Cash Flow Growth | 146.03% | 82.85% | 2.38% | 18.81% | 44.39% | -33.22% |
Free Cash Flow Margin | 12.74% | 11.83% | 7.05% | 7.81% | 7.27% | 6.09% |
Free Cash Flow Per Share | 1.77 | 1.63 | 0.89 | 0.87 | 0.73 | 0.51 |
Levered Free Cash Flow | 49.97 | 42.99 | 14.19 | 23.04 | 15.91 | 13.69 |
Unlevered Free Cash Flow | 53.53 | 46.51 | 17.52 | 25.98 | 17.56 | 14.52 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Cash Interest Paid | 5.24 | 5.36 | 5.27 | 4.54 | 2.47 | 1.3 |
Change in Working Capital | 10.1 | 7.18 | -2.62 | -1.13 | -6.06 | -7.64 |