Camtek Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	50.72	118.52	78.63	79.95	60.28
Depreciation & Amortization	11.78	10.67	5.78	4.09	2.81
Stock-Based Compensation	16.89	14.5	12.6	10.52	5.82
Other Adjustments	86.57	-0.47	-0.05	0.31	0.34
Change in Receivables	7.6	-12.18	-1.89	-21.98	-17.34
Changes in Inventories	-8.29	-32.15	-13.69	-9.52	-21.7
Changes in Accounts Payable	-13.2	4.28	10.12	-2.11	6.19
Changes in Accrued Expenses	-6.4	22.95	-5.41	2.88	26.96
Changes in Other Operating Activities	-3.81	-3.87	-6.77	-6.34	-2.39
Operating Cash Flow	141.87	122.24	79.32	57.8	60.96
Operating Cash Flow Growth	16.06%	54.10%	37.24%	-5.18%	136.71%
Capital Expenditures	-14.4	-10.1	-8.1	-8.2	-4.07
Purchases of Intangible Assets	-0.4	-0.26	-0.17	-0.1	-0.11
Purchases of Investments	-395.67	-61.56	-67.28	-95.5	-84
Proceeds from Sale of Investments	100.15	14.72	69.88	-47	-32
Payments for Business Acquisitions	-	1.3	-203.56	-	-
Proceeds from Business Divestments	-	1.3	-	-	-
Investing Cash Flow	-310.33	-55.91	-107.45	-150.79	-120.18
Long-Term Debt Issued	500	-	-	-	194.53
Long-Term Debt Repaid	-266.95	-	-	-	-
Net Long-Term Debt Issued (Repaid)	233.05	-	-	-	194.53
Issuance of Common Stock	-	0.04	0.18	0	0.27
Net Common Stock Issued (Repurchased)	-	0.04	0.18	0	0.27
Common Dividends Paid	-	-60.05	-	-	-
Other Financing Activities	-14.06	-0.04	-	-	-
Financing Cash Flow	218.99	-60.05	0.18	0	194.8
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.09	-0.03	-0.24	-0.8	0.55
Net Cash Flow	51.62	6.26	-28.19	-93.79	136.13
Free Cash Flow	127.48	112.14	71.23	49.6	56.89
Free Cash Flow Growth	13.68%	57.44%	43.60%	-12.81%	143.73%
FCF Margin	25.70%	26.12%	22.58%	15.46%	21.10%
Free Cash Flow Per Share	2.55	2.27	1.46	1.03	1.26
Levered Free Cash Flow	249.46	110.28	60.57	60.75	262.61
Unlevered Free Cash Flow	89.94	89.36	40.64	54.69	67.21

SEC Filings: 10-K · 10-Q