Virgin Galactic Holdings, Inc. (SPCE)

Virgin Galactic Holdings Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-346.74	-502.34	-500.15	-352.9	-644.89
Depreciation & Amortization	15.47	13.37	11.1	11.52	8.48
Other Amortization	2.23	2.17	2	-	1.3
Loss (Gain) From Sale of Investments	-16.64	-15.09	-	-	-
Stock-Based Compensation	29.75	44.26	45.71	61.81	30.32
Other Operating Activities	1.46	1.51	10.8	34.66	371.95
Change in Inventory	-	-	5.63	0.82	1.37
Change in Accounts Payable	-29.2	8.63	35.15	7.94	-1.01
Change in Unearned Revenue	-13.35	-4.81	11.78	7.65	-0.15
Change in Other Net Operating Assets	4.31	4.11	-2.25	-2.25	-0.54
Operating Cash Flow	-352.7	-448.19	-380.24	-230.76	-233.16
Capital Expenditures	-121.86	-44.31	-16.49	-4.64	-17.2
Investment in Securities	296.9	-71.96	-269.68	-382.88	-
Other Investing Activities	0.61	-	-	-	-
Investing Cash Flow	175.66	-116.27	-286.17	-387.52	-17.2
Long-Term Debt Issued	-	-	425	-	-
Long-Term Debt Repaid	-0.19	-0.24	-0.54	-0.45	-0.43
Net Debt Issued (Repaid)	-0.19	-0.24	424.46	-0.45	-0.43
Issuance of Common Stock	137.8	484.15	103.38	519.98	462.78
Repurchase of Common Stock	-1.21	-3.24	-3.98	-23.4	-4.77
Other Financing Activities	-2.06	-5.24	-64.84	-6.77	-20.99
Financing Cash Flow	134.34	475.43	459	489.36	436.59
Net Cash Flow	-42.71	-89.04	-207.4	-128.93	186.23
Free Cash Flow	-474.56	-492.5	-396.73	-235.4	-250.36
Free Cash Flow Margin	-6744.71%	-7242.68%	-17159.60%	-7150.61%	-105193.28%
Free Cash Flow Per Share	-19.02	-29.21	-30.06	-19.01	-22.85
Cash Interest Paid	10.63	15.94	5.67	-	-
Cash Income Tax Paid	0.33	0.66	0.08	0.11	0.1
Levered Free Cash Flow	-342.94	-305.91	-243.96	-126.74	-151.03
Unlevered Free Cash Flow	-337.09	-300.03	-238.37	-126.72	-151
Change in Net Working Capital	25.06	-16.09	-33.8	-4.3	1.85

Source: S&P Capital IQ. Standard template. Financial Sources.