Pharming Group N.V. (PHAR)

Pharming Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	19.88	12.85	-8.49	-12.01	14.99	23.08
Depreciation & Amortization	11.75	11.22	16.07	15.93	13.19	19.61
Stock-Based Compensation	14.42	13.77	11.25	9.25	6.39	9.06
Other Adjustments	4.19	9.02	-0.17	-15.73	-10.57	-8.99
Change in Receivables	-13.14	-3.36	-6.78	-18.54	2.36	5.92
Changes in Inventories	-0.47	-1.29	-0.5	-14.43	-15.02	-6.15
Changes in Accounts Payable	22.27	14.13	-2.77	16.23	11.99	-5.19
Changes in Income Taxes Payable	-4.93	-4.6	-15.58	-0.66	-1.24	-
Changes in Other Operating Activities	1.27	2.97	5.18	2.67	0.36	0.52
Operating Cash Flow	56.43	54.71	-1.8	-17.3	22.46	37.84
Operating Cash Flow Growth	827.48%	-	-	-	-40.65%	-54.75%
Capital Expenditures	-0.71	-0.75	-0.79	-1.44	-1.38	-10.74
Purchases of Intangible Assets	-	-0.01	-0.01	-0.03	-0.6	-5.98
Proceeds from Sale of Intangible Assets	-	-	-	21.28	-	-
Purchases of Investments	-102.98	-0.74	-284.31	-382.01	-	-4.59
Proceeds from Sale of Investments	35.48	85.23	316.73	232.81	7.3	-
Payments for Business Acquisitions	-	-57.48	-	-	-	-
Investing Cash Flow	-68.2	26.25	31.62	-129.39	5.32	-21.31
Long-Term Debt Issued	-	-	104.54	-	-	-
Long-Term Debt Repaid	-16.51	-4.25	-138.93	-4.04	-3.31	-3.22
Net Long-Term Debt Issued (Repaid)	-16.51	-4.25	-34.39	-4.04	-3.31	-3.22
Other Financing Activities	16.72	5.74	-0.02	3	-1.67	-24.73
Financing Cash Flow	-1.01	1.5	-34.41	-1.04	-4.98	-27.95
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5.07	7.91	-2.21	2.13	-7.38	-1.83
Net Cash Flow	-12.78	82.45	-4.59	-147.73	22.8	-11.41
Free Cash Flow	55.72	53.96	-2.59	-18.74	21.08	27.1
Free Cash Flow Growth	3.27%	-	-	-	-22.21%	-65.68%
FCF Margin	15.08%	14.35%	-0.87%	-7.64%	10.25%	13.63%
Free Cash Flow Per Share	0.75	0.72	-0.03	-0.26	0.30	0.39
Levered Free Cash Flow	24.87	20.28	-44.63	3.71	18.27	10.82
Unlevered Free Cash Flow	67.9	47.52	-7.01	12.91	27.74	11.61

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q