TSG IT Advanced Systems 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	11.41	9.93	10.92	-9.88
Depreciation & Amortization	17.97	16.64	16.05	12.39
Other Amortization	2.42	2.42	1.6	0.77
Stock-Based Compensation	8.9	8.49	0.51	1.61
Other Operating Activities	14.1	10.54	10.13	0.1
Change in Accounts Receivable	-10.49	-10.79	-7.01	22.11
Change in Accounts Payable	13.24	1.53	1.21	-19.71
Change in Other Net Operating Assets	-9.6	1.6	-1.68	26.44
Operating Cash Flow	47.93	40.35	31.73	33.84
Operating Cash Flow Growth	58.54%	27.16%	-6.22%	-
Capital Expenditures	-2.28	-2.25	-3.89	-20.68
Cash Acquisitions	-38.53	-32.02	-30.9	-61.22
Other Investing Activities	24.95	24.67	43.99	-66.95
Investing Cash Flow	-15.86	-9.6	9.2	-148.85
Short-Term Debt Issued	-	-	-	21
Long-Term Debt Issued	-	-	-	140
Total Debt Issued	-	-	-	161
Short-Term Debt Repaid	-	-	-21	-
Long-Term Debt Repaid	-	-30.56	-10.45	-9.48
Total Debt Repaid	-31.39	-30.56	-31.45	-9.48
Net Debt Issued (Repaid)	-31.39	-30.56	-31.45	151.53
Issuance of Common Stock	57.09	57.09	-	-
Other Financing Activities	-28.66	-13.48	-14.1	-1.73
Financing Cash Flow	-2.95	13.05	-45.55	149.8
Foreign Exchange Rate Adjustments	-0.07	0.71	0.69	1.54
Net Cash Flow	29.05	44.53	-3.93	36.33
Free Cash Flow	45.65	38.11	27.84	13.15
Free Cash Flow Growth	69.13%	36.88%	111.65%	-
Free Cash Flow Margin	13.11%	11.83%	9.42%	5.31%
Free Cash Flow Per Share	19.46	16.83	13.11	6.51
Cash Interest Paid	8.42	8.89	9.24	3.6
Cash Income Tax Paid	-	1.08	1.97	2.86
Levered Free Cash Flow	101.13	109.32	59.48	-
Unlevered Free Cash Flow	108	116.06	66.42	-
Change in Net Working Capital	-63.01	-74.04	-34.43	-

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