Montrose Environmental Group, Inc. (MEG)

MEG Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	-47.26	-48.22	-41.73	-106.86	-43.17
Depreciation & Amortization	55.97	56.77	52.96	37.27	27.71
Share-Based Compensation	47.27	43.29	10.32	4.85	4.35
Other Operating Activities	-16.36	-47.59	-0.38	17.68	8.55
Operating Cash Flow	56.02	20.65	37.58	1.85	17.04
Operating Cash Flow Growth	171.31%	-45.05%	1931.41%	-89.14%	-
Capital Expenditures	-31.96	-10	-6.99	-7.76	-4.45
Acquisitions	-70.24	-29.01	-65.07	-171.98	-82.89
Other Investing Activities	0.57	0.33	0.41	-	0.36
Investing Cash Flow	-101.62	-38.69	-71.64	-179.74	-86.98
Dividends Paid	-16.4	-16.4	-16.4	-6.97	0
Share Issuance / Repurchase	4.69	1.64	177.02	161.7	1.51
Debt Issued / Paid	-6.45	-12.72	-4.21	19.5	73.93
Other Financing Activities	-1.95	-11.29	-10.31	31.68	-0.99
Financing Cash Flow	-20.11	-38.76	146.1	205.9	74.45
Exchange Rate Effect	-0.88	-0.11	-0.18	-0.02	-0.12
Net Cash Flow	-65.71	-56.8	112.04	28.01	4.51
Free Cash Flow	24.06	10.65	30.59	-5.91	12.59
Free Cash Flow Growth	126.01%	-65.20%	-	-	-
Free Cash Flow Margin	3.85%	1.96%	5.60%	-1.80%	5.38%
Free Cash Flow Per Share	0.80	0.36	1.15	-0.36	1.43

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).