ADMA Biologics, Inc. (ADMA)

ADMA Biologics Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	209.45	197.67	-28.24	-65.9	-71.65	-75.75
Depreciation & Amortization	7.99	8.05	8.33	7.11	5.5	3.94
Other Amortization	0.74	0.95	2.59	2.4	1.9	1.78
Loss (Gain) From Sale of Assets	0.07	0.11	0.18	0.43	0.22	0.08
Stock-Based Compensation	20.07	13.62	6.19	5.22	3.49	2.86
Other Operating Activities	-70	-83.18	29.87	9.53	-0.14	-1.13
Change in Accounts Receivable	-87.53	-22.58	-11.92	13.07	-15.34	-9.77
Change in Inventory	-24.87	2.67	-9.63	-38.56	-43.19	-28.47
Change in Accounts Payable	8.48	4.15	3.84	0.8	1.36	1.9
Change in Other Net Operating Assets	0.57	-2.78	7.58	6.4	5.49	2.56
Operating Cash Flow	64.97	118.67	8.8	-59.51	-112.37	-102
Operating Cash Flow Growth	-24.50%	1248.55%	-	-	-	-
Capital Expenditures	-24.25	-8.23	-4.77	-13.91	-13.51	-12.73
Sale of Property, Plant & Equipment	-	-	-	-	-	0
Sale (Purchase) of Intangibles	-0.12	-0.35	-0.21	-	-	-
Investing Cash Flow	-24.37	-8.58	-4.98	-13.91	-13.51	-12.72
Long-Term Debt Issued	-	-	135	151.75	-	27.5
Long-Term Debt Repaid	-	-60	-158.6	-100.04	-0.03	-13.98
Net Debt Issued (Repaid)	-30.47	-60	-23.6	51.71	-0.03	13.52
Issuance of Common Stock	3	7.49	1.1	64.82	121.14	131.21
Repurchase of Common Stock	-33.07	-4.97	-1.42	-2.9	-0.06	-
Other Financing Activities	-5.39	-0.83	-15.08	-4.78	-	-0.83
Financing Cash Flow	-65.93	-58.3	-38.99	108.85	121.05	143.9
Net Cash Flow	-25.32	51.8	-35.17	35.43	-4.83	29.17
Free Cash Flow	40.73	110.45	4.03	-73.42	-125.88	-114.73
Free Cash Flow Growth	-48.70%	2641.28%	-	-	-	-
Free Cash Flow Margin	8.34%	25.90%	1.56%	-47.65%	-155.52%	-271.74%
Free Cash Flow Per Share	0.17	0.45	0.02	-0.37	-0.90	-1.33
Cash Interest Paid	10.97	10.67	18.05	13.88	11.16	10.27
Cash Income Tax Paid	14.84	9.39	-	-	-	-
Levered Free Cash Flow	2.96	75.16	0.38	-53.5	-96.39	-80.49
Unlevered Free Cash Flow	7.45	82.91	13.43	-43.85	-90.13	-74.78
Change in Working Capital	-103.35	-18.54	-10.12	-18.29	-51.68	-33.78

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

SEC Filings: 10-K · 10-Q