Gemini Space Station, Inc. (GEMI)

Gemini Space Station Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	-399.65	-158.55	-319.68
Depreciation & Amortization	31.97	32.96	32.22
Asset Writedown & Restructuring Costs	0.38	0.38	21.4
Stock-Based Compensation	5.66	5.6	15.84
Other Operating Activities	163.8	91.49	24.84
Change in Accounts Receivable	29.49	-0.25	-27.64
Change in Accounts Payable	-9.48	-143.77	67.2
Change in Other Net Operating Assets	145.72	63.17	-21.49
Operating Cash Flow	-32.11	-108.96	-207.29
Capital Expenditures	-1.22	-1.23	-0.73
Sale (Purchase) of Intangibles	-4.93	-4.75	-6.21
Investment in Securities	-0.35	-0.35	0.3
Other Investing Activities	115.84	145.49	56.54
Investing Cash Flow	50.64	83.61	33.22
Short-Term Debt Issued	-	10	140.14
Long-Term Debt Issued	-	24.57	75.43
Total Debt Issued	25.1	34.57	215.57
Short-Term Debt Repaid	-	-	-38.64
Total Debt Repaid	-	-	-38.64
Net Debt Issued (Repaid)	25.1	34.57	176.93
Other Financing Activities	-32.49	190.81	-698.37
Financing Cash Flow	-7.39	225.38	-521.44
Net Cash Flow	11.14	200.03	-695.51
Free Cash Flow	-33.34	-110.19	-208.02
Free Cash Flow Margin	-24.43%	-77.51%	-211.97%
Free Cash Flow Per Share	-2.07	-6.85	-13.19
Cash Interest Paid	19.81	21.68	29.76
Cash Income Tax Paid	0.55	0.49	1.14
Levered Free Cash Flow	-	-429.04	-
Unlevered Free Cash Flow	-	-394.66	-
Change in Working Capital	165.73	-80.84	18.07

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q