NREF Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Net Income	10.4	3.23	39.58	11.1
Depreciation & Amortization	2.47	2.9	0	0
Share-Based Compensation	4.41	3.29	2.02	0.55
Other Operating Activities	10.71	52.87	4.19	19.51
Operating Cash Flow	31.56	65.8	49.3	32.9
Operating Cash Flow Growth	-52.04%	33.48%	49.83%	-
Acquisitions	-3.18	0	0	0
Change in Investments	744.52	950.58	517.88	-68.26
Investing Cash Flow	741.34	950.58	517.88	-68.26
Dividends Paid	-47.95	-29.65	-14.16	-7.38
Share Issuance / Repurchase	8.6	167.99	83.19	132.78
Debt Issued / Paid	-720.78	-1,060.08	-578.07	-39.85
Other Financing Activities	-16.47	-107.52	-58.37	-16.73
Financing Cash Flow	-776.6	-1,029.26	-567.42	68.83
Net Cash Flow	-3.7	-12.89	-0.24	33.47
Free Cash Flow	31.56	65.8	49.3	32.9
Free Cash Flow Growth	-52.04%	33.48%	49.83%	-
Free Cash Flow Margin	74.97%	162.90%	50.63%	75.78%
Free Cash Flow Per Share	1.83	4.48	7.47	6.32

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).