Voyager Technologies, Inc. (VOYG)

Voyager Technologies Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	-112.33	-65.63	-25.2
Depreciation & Amortization	13.42	13.6	10.29
Stock-Based Compensation	18.92	3.76	2.71
Other Adjustments	27.76	25.67	3.8
Change in Receivables	-5.16	-4.43	0.53
Changes in Inventories	-0.34	1.58	1.49
Changes in Accounts Payable	4.07	-6.07	-1.56
Changes in Accrued Expenses	12.08	8.55	3.29
Changes in Unearned Revenue	-6.66	7.41	-5.75
Changes in Other Operating Activities	-12.71	-9.94	-4.97
Operating Cash Flow	-60.94	-25.5	-15.38
Capital Expenditures	-144.67	-82.7	-17.21
Purchases of Investments	-15.5	-	-0.1
Payments for Business Acquisitions	-151.83	-	2.05
Other Investing Activities	50.4	54.93	26.86
Investing Cash Flow	-261.61	-27.77	11.6
Short-Term Debt Issued	64.5	-	-
Short-Term Debt Repaid	-64.5	-	-4.34
Net Short-Term Debt Issued (Repaid)	-	-	-4.34
Long-Term Debt Issued	460	68.02	47.1
Long-Term Debt Repaid	-64.42	-56.57	-35.28
Net Long-Term Debt Issued (Repaid)	395.58	11.45	11.83
Issuance of Common Stock	455.29	-	-
Repurchase of Common Stock	-158.85	-	-
Net Common Stock Issued (Repurchased)	296.44	-	-
Issuance of Preferred Stock	116.05	66.6	3.13
Repurchase of Preferred Stock	-3.04	-	-
Net Preferred Stock Issued (Repurchased)	113	66.6	3.13
Preferred Share Dividends Paid	-27.58	-	-
Other Financing Activities	-19.62	0.91	-8.68
Financing Cash Flow	757.82	78.96	1.93
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.13	-0.03	0.01
Net Cash Flow	435.4	25.65	-1.84
Free Cash Flow	-205.62	-108.21	-32.59
FCF Margin	-123.55%	-75.05%	-23.95%
Free Cash Flow Per Share	-5.11	-8.49	-2.56
Levered Free Cash Flow	144.71	-140.02	-50.21
Unlevered Free Cash Flow	-242.88	-114.79	-28.79

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q