Cumulus Media Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Net Income	-117.88	16.24	17.28	-59.72	61.26
Depreciation & Amortization	58.18	56.39	53.55	52.29	76.61
Share-Based Compensation	5.27	6.23	5.19	3.34	5.3
Other Operating Activities	86.09	-0.37	-7.5	37.3	-38.9
Operating Cash Flow	31.66	78.48	68.52	33.21	104.27
Operating Cash Flow Growth	-59.66%	14.54%	106.32%	-68.15%	-
Capital Expenditures	-24.81	-31.06	-29.09	-14.87	-29.47
Acquisitions	17.81	1.88	26.52	78.7	147.06
Other Investing Activities	0.18	2.95	1.03	0.53	-
Investing Cash Flow	-6.82	-26.24	-1.54	64.36	117.59
Share Issuance / Repurchase	-9.21	-33.56	-0.56	-1.24	-1.17
Debt Issued / Paid	-40.4	-87.28	-158.15	158.92	-220.84
Other Financing Activities	-2	-1	-3	-0.49	-12.88
Financing Cash Flow	-51.61	-121.84	-161.71	157.19	-234.89
Net Cash Flow	-26.77	-69.6	-94.73	254.75	-13.03
Free Cash Flow	6.85	47.42	39.43	18.34	74.8
Free Cash Flow Growth	-85.56%	20.27%	114.95%	-75.48%	-
Free Cash Flow Margin	0.81%	4.97%	4.30%	2.25%	6.72%
Free Cash Flow Per Share	0.40	2.42	1.93	0.90	3.72

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).