Nvni Group Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020
Period Ending	Dec '22 Dec 31, 2022	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-114.41	-114.41	-77.7	-10.44
Depreciation & Amortization	9.47	9.47	7.36	2.75
Other Amortization	7.77	7.77	6.22	-
Loss (Gain) From Sale of Assets	0.12	0.12	0.13	-
Asset Writedown & Restructuring Costs	72.4	72.4	9.38	-
Stock-Based Compensation	9.88	9.88	3.74	-
Provision & Write-off of Bad Debts	0.02	0.02	0.6	-
Other Operating Activities	27.43	27.43	48.82	0.62
Change in Accounts Receivable	0.15	0.15	-3.03	0.96
Change in Accounts Payable	2.02	2.02	-3.32	3.62
Change in Unearned Revenue	-0.55	-0.55	4.33	0.23
Change in Income Taxes	1.37	1.37	-0.46	1.58
Change in Other Net Operating Assets	-1.48	-1.48	-2.8	2.89
Operating Cash Flow	14.2	14.2	-6.73	2.2
Capital Expenditures	-1.33	-1.33	-1.09	-
Cash Acquisitions	-	-	-90.98	-
Sale (Purchase) of Intangibles	-2.99	-2.99	-2.72	-
Other Investing Activities	-	-	-	-0.05
Investing Cash Flow	-4.32	-4.32	-94.79	-0.05
Long-Term Debt Issued	17.71	17.71	88.53	-
Total Debt Issued	17.71	17.71	88.53	6.65
Long-Term Debt Repaid	-11.17	-11.17	-14.56	-
Net Debt Issued (Repaid)	6.55	6.55	73.97	6.65
Issuance of Common Stock	3.75	3.75	50.84	-
Other Financing Activities	-23.06	-23.06	-14.05	-
Financing Cash Flow	-12.76	-12.76	110.77	6.65
Miscellaneous Cash Flow Adjustments	-	-	-	0.01
Net Cash Flow	-2.89	-2.89	9.25	8.81
Free Cash Flow	12.87	12.87	-7.81	2.2
Free Cash Flow Margin	10.33%	10.33%	-8.69%	18.13%
Free Cash Flow Per Share	0.11	0.11	-0.07	-
Cash Interest Paid	12.6	12.6	3.55	-
Cash Income Tax Paid	6.64	6.64	4.95	-
Levered Free Cash Flow	127.08	127.08	127.55	-
Unlevered Free Cash Flow	136.96	136.96	132.09	-
Change in Net Working Capital	-119.67	-119.67	-133.97	-

Source: S&P Capital IQ. Standard template. Financial Sources.