Octave Specialty Group, Inc. (OSG)

Octave Specialty Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-1,553	-1,112	9.9	1,044	-33	-874
Depreciation & Amortization	29.01	2.35	1.08	0.87	2	1
Stock-Based Compensation	10.28	9.36	12.27	11.23	14	11
Other Adjustments	41.7	32.96	15.69	67.34	-62	88
Changes in Receivables	-24.4	-11.33	-30.23	-13.48	48	44
Changes in Reinsurance Contract Assets	-17.03	23.34	9.72	17.07	6	-3
Changes in Accrued Expenses	-	2.56	-	-	103	93
Changes in Unearned Premiums	-6.24	-10.32	27.91	14.68	-82	-48
Changes in Claims Reserves	-38.02	10.78	23.74	7.9	-147	76
Operating Cash Flow	-127.25	0.76	36.95	70.37	-131	-175
Operating Cash Flow Growth	-	-97.94%	-47.49%	-	-	-
Purchases of Investments	73.74	38.84	-31.33	-96.66	-372	-1,292
Proceeds from Sale of Investments	-236.76	28.2	16.46	71.61	973	1,620
Payments for Business Acquisitions	-28.19	-243.78	-6.95	-18.44	-	-74
Proceeds from Business Divestments	-	14.12	-	-	-	-
Other Investing Activities	-0.23	-3.75	-4.85	2.33	175	179
Investing Cash Flow	344.67	-166.37	-26.68	-41.16	776	432
Short-Term Debt Issued	-0.2	147	-	-	-	-
Net Short-Term Debt Issued (Repaid)	-0.2	147	-	-	-	-
Long-Term Debt Issued	-	-	-	-	1,174	-
Long-Term Debt Repaid	-	-	-	-	-1,641	-121
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-467	-121
Repurchase of Common Stock	-16.38	-12.39	-9.1	-17.79	-6	-3
Net Common Stock Issued (Repurchased)	-16.38	-12.39	-9.1	-17.79	-6	-3
Other Financing Activities	-1.78	59.61	-1.89	-1.44	-183	-178
Financing Cash Flow	-18.36	194.22	-10.99	-19.24	-657	-303
Net Cash Flow	199.06	28.61	-0.72	9.97	-12	-46
Free Cash Flow	-127.25	0.76	36.95	70.37	-131	-175
Free Cash Flow Growth	-	-97.94%	-47.49%	-	-	-
FCF Margin	-128.36%	0.32%	29.62%	131.25%	-46.45%	-112.18%
Free Cash Flow Per Share	-0.01	0.02	0.81	1.54	-2.82	-3.79
Levered Free Cash Flow	-774.44	-391.53	42.34	555	-455	-515
Unlevered Free Cash Flow	-204.29	-32.55	14.49	-3.09	117.47	-173.51

Updated Nov 10, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q