Utron 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
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
Net Income	1.44	0.16	1.03	2.18	1.09	-31.14
Depreciation & Amortization	4.6	4.38	4.36	7.64	5.6	7.21
Other Amortization	4.41	4.41	4.25	-	-	-
Loss (Gain) From Sale of Assets	-0.01	-0.01	-0	-0	-0.01	-0.02
Asset Writedown & Restructuring Costs	-	-	-	-	-	6.35
Stock-Based Compensation	0.28	0.19	0.33	0.4	0.08	0.34
Other Operating Activities	0.71	-0.09	-0.88	-0.53	-1.14	0.1
Change in Accounts Receivable	-0.96	6.52	-0.54	-22.61	-2.71	9.87
Change in Inventory	-3.28	-0.66	-4.49	0.15	0.03	-0.68
Change in Accounts Payable	1.82	-2.83	-4.73	6.52	2.07	-2.36
Change in Unearned Revenue	14.74	5.86	1.68	-5.07	0.88	7.94
Change in Other Net Operating Assets	8.98	9.94	-4.39	3.81	3	4.8
Operating Cash Flow	32.72	27.86	-3.37	-7.51	8.9	2.4
Operating Cash Flow Growth	487.89%	-	-	-	270.75%	-
Capital Expenditures	-0.11	-0.09	-0.39	-0.3	-0.13	-0.04
Sale (Purchase) of Intangibles	-5.28	-5.76	-5.79	-7.47	-4.67	-5.49
Investment in Securities	-	-	-	-	5	10
Other Investing Activities	12.15	12.21	-0.07	-11.47	0.1	0.06
Investing Cash Flow	6.76	6.35	-6.25	-19.23	0.3	4.53
Short-Term Debt Issued	-	-	-	-	-	1.58
Long-Term Debt Issued	-	-	4.24	10	1.33	-
Total Debt Issued	-4.99	-	4.24	10	1.33	1.58
Long-Term Debt Repaid	-	-7.65	-3.79	-3.32	-10.26	-3.35
Net Debt Issued (Repaid)	-17.77	-7.65	0.45	6.68	-8.93	-1.76
Issuance of Common Stock	-	-	-	-	-	27.53
Financing Cash Flow	-17.77	-7.65	0.45	6.68	-8.93	25.77
Foreign Exchange Rate Adjustments	-1.42	-0.41	0.72	1.54	-1.96	-0.73
Net Cash Flow	20.29	26.15	-8.44	-18.52	-1.7	31.96
Free Cash Flow	32.62	27.77	-3.76	-7.81	8.77	2.36
Free Cash Flow Growth	495.07%	-	-	-	271.44%	-
Free Cash Flow Margin	32.00%	30.99%	-3.68%	-5.96%	11.10%	5.50%
Free Cash Flow Per Share	1.59	1.35	-0.18	-0.38	0.43	0.13
Cash Interest Paid	1.52	1.59	0.92	0.38	0.51	0.74
Cash Income Tax Paid	1.03	1.94	0.96	3.04	-0.06	0.05
Levered Free Cash Flow	44.59	33.15	-10.08	-28.37	7.97	6.98
Unlevered Free Cash Flow	44.99	33.96	-9.5	-28.13	8.29	7.41
Change in Working Capital	21.3	18.83	-12.45	-17.2	3.28	19.57

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