National Research Corporation (NRC)

National Research Cash Flow Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	30.37	30.97	31.8	37.47	37.26	32.41
Depreciation & Amortization	5.95	5.9	5.28	6.37	7.51	5.54
Share-Based Compensation	0.6	0.94	1.2	0.62	0.68	1.22
Other Operating Activities	5.48	0.31	-2.01	1.88	-4.81	1.75
Operating Cash Flow	42.4	38.11	36.27	46.34	40.64	40.92
Operating Cash Flow Growth	18.67%	5.10%	-21.75%	14.05%	-0.69%	2.68%
Capital Expenditures	-16.72	-15.78	-9.84	-5.51	-3.98	-4.66
Acquisitions	0	0	0	-3	0	0
Other Investing Activities	-	-	-	-	0.26	-
Investing Cash Flow	-16.72	-15.78	-9.84	-8.51	-3.72	-4.66
Dividends Paid	-36.32	-36.37	-20.96	-9.16	-10.52	-31.3
Share Issuance / Repurchase	-31.84	-18.52	-27.62	-3.7	1.73	0
Debt Issued / Paid	20.77	14.17	-4.87	-4.59	-3.94	-3.94
Other Financing Activities	-0.32	-	-2.14	-0.72	-2.78	-1.1
Financing Cash Flow	-47.71	-40.71	-55.58	-18.16	-15.5	-36.35
Exchange Rate Effect	0	-0	-0.18	0	-0.24	0.61
Net Cash Flow	-22.03	-18.37	-29.34	19.67	21.17	0.53
Free Cash Flow	25.68	22.34	26.43	40.83	36.65	36.26
Free Cash Flow Growth	1.76%	-15.49%	-35.27%	11.40%	1.08%	7.04%
Free Cash Flow Margin	17.42%	15.03%	17.44%	27.60%	27.50%	28.33%
Free Cash Flow Per Share	1.08	0.91	1.06	1.61	1.46	1.46

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).