SHF Holdings, Inc. (SHFS)

SHF Holdings 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	-53.76	-48.32	-17.28	-35.13	3.29	5.12
Depreciation & Amortization	0.16	0.71	1.37	0.19	0	0.01
Provision for Credit Losses	-	-1.39	0.29	0.51	0	0.01
Stock-Based Compensation	1.97	1.58	3.74	2.81	-	-
Other Adjustments	-0.61	49.97	15.16	32.93	-	-
Changes in Accrued Interest and Accounts Receivable	0.51	1.11	-0.79	-0.69	-0.3	0.02
Changes in Accounts Payable	0.71	-0.58	-2.13	0.12	-0.06	-0.01
Changes in Accrued Expenses	-0.18	0.29	-0.46	0.4	0.04	-0.18
Changes in Other Operating Activities	-3.47	-2.94	-0.74	0.55	-0.02	-0.02
Operating Cash Flow	-5.13	0.43	-0.83	1.7	2.95	4.95
Operating Cash Flow Growth	-	-	-	-42.39%	-40.48%	-
Net Change in Loans Held-for-Investment	0.39	0.01	1.03	0.16	1.04	0.01
Payments for Business Acquisitions	-	-	-3	-3.04	-	-
Capital Expenditures	-	-	-0.21	-0.02	-0.01	-0
Investing Cash Flow	0.39	0.01	-2.18	-2.9	1.04	0.01
Long-Term Debt Repaid	-1.02	-3.01	-0.49	-	-	-
Net Long-Term Debt Issued (Repaid)	-1.02	-3.01	-0.49	-	-	-
Other Financing Activities	-0.01	-	-	4.09	-	-
Financing Cash Flow	-0.27	-3.01	-0.49	4.09	-1.49	-3.57
Net Cash Flow	-5	-2.56	-3.5	2.89	2.49	1.38
Free Cash Flow	-5.13	0.43	-1.04	1.68	2.94	4.95
Free Cash Flow Growth	-	-	-	-42.86%	-40.59%	-
FCF Margin	-55.26%	2.59%	-6.02%	18.72%	41.98%	61.67%
Free Cash Flow Per Share	-1.81	0.16	-0.49	1.77	-	-
Levered Free Cash Flow	-4.87	-52.73	-20.72	-34.56	2.94	4.93
Unlevered Free Cash Flow	-2.27	-1.4	-2.95	0.57	-0.35	-0.18

Updated Sep 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q