The Duckhorn Portfolio Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	246	-2,837	-1,709	1,616	376	Upgrade
Depreciation & Amortization	345	880	950	1,015	961	Upgrade
Loss (Gain) From Sale of Assets	26	2,603	15	5	24	Upgrade
Other Operating Activities	-159	43	-457	-101	13	Upgrade
Change in Accounts Receivable	531	-482	884	359	474	Upgrade
Change in Inventory	3	30	-8	-20	-	Upgrade
Change in Accounts Payable	-131	-168	-11	-160	9	Upgrade
Change in Other Net Operating Assets	-108	1,641	-578	-338	169	Upgrade
Operating Cash Flow	753	1,710	-914	2,376	2,026	Upgrade
Operating Cash Flow Growth	-55.96%	-	-	17.27%	-	Upgrade
Capital Expenditures	-84	-210	-169	-61	-61	Upgrade
Sale (Purchase) of Intangibles	-200	11	-452	-593	-517	Upgrade
Investment in Securities	-	2	-	-	217	Upgrade
Other Investing Activities	30	16	-4	36	14	Upgrade
Investing Cash Flow	-254	-181	-625	-618	-347	Upgrade
Short-Term Debt Issued	-	700	500	-	1,400	Upgrade
Long-Term Debt Issued	-	-	-	800	2,533	Upgrade
Total Debt Issued	-	700	500	800	3,933	Upgrade
Short-Term Debt Repaid	-200	-	-	-1,400	-1,600	Upgrade
Long-Term Debt Repaid	-707	-729	-823	-895	-2,999	Upgrade
Total Debt Repaid	-907	-729	-823	-2,295	-4,599	Upgrade
Net Debt Issued (Repaid)	-907	-29	-323	-1,495	-666	Upgrade
Issuance of Common Stock	-	8	10	86	806	Upgrade
Dividends Paid	-	-	-275	-	-	Upgrade
Other Financing Activities	-6	-13	-18	-50	-193	Upgrade
Financing Cash Flow	-913	-34	-606	-1,459	-53	Upgrade
Foreign Exchange Rate Adjustments	-30	73	159	158	52	Upgrade
Miscellaneous Cash Flow Adjustments	-	-1	-	-1	-	Upgrade
Net Cash Flow	-444	1,567	-1,986	456	1,678	Upgrade
Free Cash Flow	669	1,500	-1,083	2,315	1,965	Upgrade
Free Cash Flow Growth	-55.40%	-	-	17.81%	-	Upgrade
Free Cash Flow Margin	10.97%	20.34%	-15.01%	21.18%	18.95%	Upgrade
Free Cash Flow Per Share	16.99	38.12	-27.55	58.57	50.98	Upgrade
Cash Interest Paid	21	22	29	26	34	Upgrade
Cash Income Tax Paid	68	-85	35	99	-10	Upgrade
Levered Free Cash Flow	578.88	1,515	-871.38	1,490	1,286	Upgrade
Unlevered Free Cash Flow	592	1,529	-853.25	1,507	1,308	Upgrade
Change in Net Working Capital	-201	-964	331	-70	-607	Upgrade

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.