BitFuFu Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	39.31	10.49	2.44	4.93	-1.11
Depreciation & Amortization	24.57	24.5	18.16	0	-
Loss (Gain) From Sale of Assets	-	-	-	0.06	-
Asset Writedown & Restructuring Costs	-	-	11.85	-	-
Provision & Write-off of Bad Debts	0.1	0.1	0.61	-	-
Other Operating Activities	-257.73	-190.21	-91.83	-3.79	-0.12
Change in Accounts Payable	2.91	0.78	0.03	-	1.23
Change in Unearned Revenue	-	-	-8.08	10.95	-
Change in Income Taxes	1.68	-2.89	4.09	1.03	-
Change in Other Net Operating Assets	-50.24	-38.74	55.29	2.74	-
Operating Cash Flow	-239.77	-195.97	-7.44	15.93	-
Capital Expenditures	-0.04	-0.07	-3.86	-0.05	-
Sale (Purchase) of Intangibles	182.39	176.96	60.53	-2.56	-
Investing Cash Flow	182.35	176.9	56.67	-2.61	-
Issuance of Common Stock	75.19	-	1.56	-	-
Repurchase of Common Stock	-	-	-2	-	-
Other Financing Activities	-12.51	-9.35	-1.67	-	-
Financing Cash Flow	62.68	-9.35	-2.11	-	-
Net Cash Flow	5.26	-28.43	47.12	13.31	-
Free Cash Flow	-239.8	-196.04	-11.3	15.87	-
Free Cash Flow Margin	-56.60%	-69.00%	-5.70%	15.40%	-
Free Cash Flow Per Share	-1.55	-1.31	-0.08	0.11	-
Cash Interest Paid	3.66	3.66	1.63	-	-
Cash Income Tax Paid	0.46	-	0.78	-	-
Levered Free Cash Flow	93.96	143.44	138	9.28	-
Unlevered Free Cash Flow	97.81	146.9	139.58	9.28	-
Change in Net Working Capital	125	57.82	-46.39	-8.44	-

Source: S&P Capital IQ. Standard template. Financial Sources.