Patria Investments Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	110.31	75.69	120.82	94.1	121.19	61.84
Depreciation & Amortization	35.66	35.82	27.12	21.2	8.76	7.69
Stock-Based Compensation	17.11	19.08	1.47	0.73	0.76	-
Other Adjustments	41.54	50.76	-0.79	-5.77	1.46	3.49
Change in Receivables	-39.96	-90.16	-12.6	-23.07	-62.75	-22.56
Changes in Accrued Expenses	1.35	10.37	2.47	-12.88	27.6	1.14
Changes in Income Taxes Payable	-8.81	-9.16	-7.75	-9.24	0.96	-1.65
Changes in Other Operating Activities	117.52	53.56	26	15.97	9.58	2.75
Operating Cash Flow	268.78	145.95	156.73	81.05	107.56	52.7
Operating Cash Flow Growth	68.57%	-6.88%	93.37%	-24.65%	104.12%	18.50%
Capital Expenditures	-8.85	-3.61	-5.87	-5.44	-1.55	-0.16
Sale of Property, Plant & Equipment	0	-	-	-	-	-
Purchases of Intangible Assets	-3.69	-4.68	-9.15	-1.27	-0.29	-0.5
Purchases of Investments	4.71	-2.39	-2.63	-244.69	-	-
Proceeds from Sale of Investments	53.94	141.3	65.16	-	-	-
Payments for Business Acquisitions	-1.08	-112.16	-6.63	-34.73	-122.77	-
Other Investing Activities	-5.89	6.85	21.28	96.79	-159.62	24.17
Investing Cash Flow	23.03	25.31	62.17	-189.35	-284.23	23.51
Long-Term Debt Issued	194.09	261	25	-	-	-
Long-Term Debt Repaid	-278.02	-45.14	-26.25	-	-	-
Net Long-Term Debt Issued (Repaid)	-83.93	215.86	-1.25	-	-	-
Issuance of Common Stock	-	-	-	230	302.72	-
Net Common Stock Issued (Repurchased)	-	-	-	230	302.72	-
Common Dividends Paid	-94.23	-132.38	-145.15	-103.33	-119.79	-64.48
Other Financing Activities	-182.18	-235.13	-83.23	-8.12	-5.04	-1.76
Financing Cash Flow	-300.58	-151.65	-229.63	118.55	177.89	-66.24
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.79	-2.24	0.27	1	-0.01	-0.04
Net Cash Flow	-7.98	17.37	-10.47	11.26	1.21	9.93
Free Cash Flow	259.93	142.34	150.86	75.61	106.01	52.53
Free Cash Flow Growth	82.61%	-5.64%	99.51%	-28.68%	101.80%	18.53%
FCF Margin	64.05%	38.04%	46.05%	29.21%	45.01%	45.67%
Free Cash Flow Per Share	1.63	0.92	1.01	0.51	0.78	0.45
Levered Free Cash Flow	159.33	374.71	159.12	102.57	167.82	71.97
Unlevered Free Cash Flow	288.82	180.83	164.5	96.27	166.82	71.79

Updated Feb 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q