Rubico Inc. (RUBI)

Rubico Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	2.65	5.94	6.63	10.66	3.48
Depreciation & Amortization	4.18	4.18	4.48	4.48	1.43
Other Amortization	1.41	0.2	0.71	0.18	0.06
Other Operating Activities	3.15	-	-	-	-
Change in Accounts Receivable	-0.8	-0.23	0.01	-0.01	-
Change in Inventory	-0.02	0.03	-0.03	0.01	-0.08
Change in Accounts Payable	1.73	0.75	-0.18	0.07	0.11
Change in Unearned Revenue	0.12	-0.11	0.3	-	1.05
Change in Other Net Operating Assets	-1.09	-0.26	-0.12	0.14	0.05
Operating Cash Flow	11.33	10.5	11.8	15.54	6.11
Operating Cash Flow Growth	7.94%	-11.06%	-24.02%	154.48%	-
Capital Expenditures	-	-	-	-0.09	-50.63
Cash Acquisitions	-19.93	-	-	-	-
Investing Cash Flow	-19.93	-	-	-0.09	-50.63
Short-Term Debt Issued	-	-	-	-	10.67
Long-Term Debt Issued	104.5	-	82	-	38
Total Debt Issued	104.5	-	82	-	48.67
Long-Term Debt Repaid	-99.23	-4.4	-66.18	-5.46	-1.5
Net Debt Issued (Repaid)	5.27	-4.4	15.82	-5.46	47.17
Issuance of Common Stock	13.66	-	-	-	-
Other Financing Activities	-7.63	-7.73	-27.27	-10.47	-0.49
Financing Cash Flow	11.3	-12.13	-11.44	-15.93	46.67
Net Cash Flow	2.7	-1.63	0.36	-0.48	2.15
Free Cash Flow	11.33	10.5	11.8	15.45	-44.52
Free Cash Flow Growth	7.94%	-11.06%	-23.60%	-	-
Free Cash Flow Margin	48.17%	43.37%	48.22%	62.34%	-570.15%
Free Cash Flow Per Share	210.21	803.52	903.48	1182.54	-2749.52
Cash Interest Paid	5.02	6.15	5.33	2.97	0.7
Levered Free Cash Flow	9.27	8.06	10.51	-10.83	-
Unlevered Free Cash Flow	11.99	11.88	13.44	-8.96	-
Change in Working Capital	-0.05	0.18	-0.02	0.22	1.14

Source: S&P Global Market Intelligence. Standard template. Financial Sources.