Acuren Corporation (TIC)

Acuren Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-107.08	-6.29	20.04
Depreciation & Amortization	89.87	94.82	86.44
Other Amortization	4.21	3.59	3.25
Stock-Based Compensation	81.52	4.98	2.56
Provision & Write-off of Bad Debts	2.22	1.35	1.33
Other Operating Activities	-13.9	-6.28	-33.69
Change in Accounts Receivable	16.91	0.88	-38.8
Change in Accounts Payable	0.07	2.92	-3.5
Change in Income Taxes	-3.86	-3.86	19.45
Change in Other Net Operating Assets	-5	3.71	-17.09
Operating Cash Flow	64.96	95.81	39.98
Operating Cash Flow Growth	62.49%	139.64%	-
Capital Expenditures	-24.29	-22.14	-23.08
Sale of Property, Plant & Equipment	1.65	1.62	0.98
Cash Acquisitions	-1,874	-6.01	-45.58
Investing Cash Flow	-1,896	-26.53	-67.67
Long-Term Debt Issued	-	195	50
Long-Term Debt Repaid	-	-91.33	-13.19
Net Debt Issued (Repaid)	777.09	103.67	36.81
Issuance of Common Stock	666.63	-	0.27
Repurchase of Common Stock	-	-	-0.75
Common Dividends Paid	-	-150	-
Other Financing Activities	-21.54	-2.84	-0.36
Financing Cash Flow	1,422	-49.18	35.97
Foreign Exchange Rate Adjustments	0.03	4.38	-5.63
Net Cash Flow	-409.18	24.48	2.65
Free Cash Flow	40.67	73.67	16.91
Free Cash Flow Growth	140.58%	335.78%	-
Free Cash Flow Margin	3.68%	7.02%	1.82%
Free Cash Flow Per Share	1.62	14.66	3.32
Cash Interest Paid	60.36	60.36	35.91
Cash Income Tax Paid	29.76	29.76	17.4
Levered Free Cash Flow	-	86.01	-
Unlevered Free Cash Flow	-	119.94	-
Change in Net Working Capital	-	-8.22	-

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