Rubico Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2.65	5.94	6.63	10.66	7.81
Depreciation & Amortization	4.18	4.18	4.48	4.48	3.14
Other Adjustments	4.56	0.2	0.71	0.18	0.14
Change in Receivables	-0.8	-0.23	0.01	-0.01	-
Changes in Inventories	-0.02	0.03	-0.03	0.01	-0.18
Changes in Accounts Payable	1.73	0.75	-0.18	0.07	0.26
Changes in Accrued Expenses	0.3	0.04	-	0.15	0.11
Changes in Unearned Revenue	0.12	-0.11	0.3	-	2.11
Changes in Other Operating Activities	-1.39	-0.3	-0.12	-0.01	-0.06
Operating Cash Flow	11.33	10.5	11.8	15.54	13.33
Operating Cash Flow Growth	7.94%	-11.06%	-24.02%	16.57%	-
Capital Expenditures	-19.93	-	-	-0.09	-94.97
Investing Cash Flow	-19.93	-	-	-0.09	-94.97
Long-Term Debt Issued	104.5	-	82	-	74.8
Long-Term Debt Repaid	-98.29	-4.4	-66.18	-5.46	-3.35
Net Long-Term Debt Issued (Repaid)	6.21	-4.4	15.82	-5.46	71.46
Issuance of Common Stock	13.66	-	-	-	-
Net Common Stock Issued (Repurchased)	13.66	-	-	-	-
Other Financing Activities	-8.57	-7.73	-27.27	-10.47	14.1
Financing Cash Flow	11.3	-12.13	-11.44	-15.93	85.56
Net Cash Flow	2.7	-1.63	0.36	-0.48	3.91
Free Cash Flow	-8.6	10.5	11.8	15.45	-81.64
Free Cash Flow Growth	-	-11.06%	-23.60%	-	-
FCF Margin	-36.56%	43.37%	48.22%	62.34%	-474.77%
Free Cash Flow Per Share	-1595.34	8035.21	9034.83	-	-
Levered Free Cash Flow	-6.16	6.13	26.91	9.82	-10.32
Unlevered Free Cash Flow	-2.61	17.01	16.89	18.59	-80.11

Updated Feb 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.