Miami International Holdings, Inc. (MIAX)

MIAX Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-70.03	101.99	-21.37	57.33
Depreciation & Amortization	29.38	23.37	21.03	20.28
Stock-Based Compensation	57.57	43.63	30.03	22.32
Other Adjustments	181.01	-49.21	17.48	-57.48
Change in Receivables	-4.52	-34.31	2.14	-1.87
Changes in Accounts Payable	-29.9	26.57	-12.62	4.38
Changes in Accrued Expenses	6.21	5.75	5.62	2.71
Changes in Unearned Revenue	1.21	-0.18	-0.72	-3.89
Changes in Other Operating Activities	-3.1	-6.17	-90.79	77.85
Operating Cash Flow	167.83	111.44	-49.2	121.63
Operating Cash Flow Growth	50.60%	-	-	-
Capital Expenditures	-22.79	-26.74	-16.2	-10.95
Purchases of Intangible Assets	-12.08	-12.27	-9.69	-9.09
Purchases of Investments	-10	-1.58	-18.37	-9.65
Payments for Business Acquisitions	-56.46	-	-19.88	-24.25
Investing Cash Flow	-101.33	-40.59	-64.14	-53.93
Long-Term Debt Issued	36.88	35.47	1.49	-
Long-Term Debt Repaid	-140.16	-57.47	-32.14	-17.54
Net Long-Term Debt Issued (Repaid)	-103.28	-21.99	-30.65	-17.54
Issuance of Common Stock	381.33	10.15	16.81	9.57
Repurchase of Common Stock	-21.83	-12.42	-3.31	-1.38
Net Common Stock Issued (Repurchased)	359.49	-2.27	13.49	8.19
Other Financing Activities	-41.44	53.67	0.54	-
Financing Cash Flow	214.77	29.41	-16.62	-9.35
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.09	-	-	-
Net Cash Flow	281.19	100.26	-129.96	58.35
Free Cash Flow	145.04	84.7	-65.4	110.68
Free Cash Flow Growth	71.24%	-	-	-
FCF Margin	10.63%	7.43%	-6.28%	13.87%
Free Cash Flow Per Share	2.08	1.14	-1.16	1.47
Levered Free Cash Flow	-192.3	102.73	-145.22	130.4
Unlevered Free Cash Flow	74.93	19.86	-96.45	96.5

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q