Nvni Group Limited (NVNI)

Nvni Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2022	Dec 31, 2022	Dec 31, 2021	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.