NP Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	37.41	34.59	17.89
Depreciation & Amortization	3.71	3.03	2.18
Stock-Based Compensation	11.42	0.3	0.04
Other Adjustments	2.63	5.72	-0.41
Changes in Receivables	-1.47	-1.67	-0.49
Changes in Accounts Payable	4.24	2.3	2.07
Changes in Accrued Expenses	0.51	0.41	-1.58
Changes in Income Taxes Payable	-5.93	5.15	-0.47
Changes in Other Operating Activities	-0.86	0.1	-0.59
Operating Cash Flow	51.67	49.93	18.65
Operating Cash Flow Growth	3.49%	167.74%	-
Purchases of Intangible Assets	-3.98	-3.71	-4.03
Investing Cash Flow	-3.98	-3.71	-4.03
Short-Term Debt Issued	251	-	-
Short-Term Debt Repaid	-11	-	-
Net Short-Term Debt Issued (Repaid)	240	-	-
Long-Term Debt Issued	301	171	190
Long-Term Debt Repaid	-436	-214.53	-81.35
Net Long-Term Debt Issued (Repaid)	-135	-43.53	108.65
Issuance of Common Stock	24.19	-	10
Repurchase of Common Stock	-	-	-10
Net Common Stock Issued (Repurchased)	24.19	-	0
Issuance of Preferred Stock	-	-	219.06
Net Preferred Stock Issued (Repurchased)	-	-	219.06
Common Dividends Paid	-175	-	-339.02
Other Financing Activities	10.6	1.06	1.44
Financing Cash Flow	-35.21	-42.47	-9.87
Net Cash Flow	12.48	3.75	4.75
Free Cash Flow	51.67	49.93	18.65
Free Cash Flow Growth	3.49%	167.74%	-
FCF Margin	32.38%	41.85%	21.97%
Free Cash Flow Per Share	0.49	0.53	0.20
Levered Free Cash Flow	79.48	-17.82	120.02
Unlevered Free Cash Flow	72.63	79.44	47.05

SEC Filings: 10-K · 10-Q