Voyager Technologies Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-83.55	-62.07	-25.44
Depreciation & Amortization	14.92	16.38	12.93
Other Amortization	3.82	5.67	4.14
Asset Writedown & Restructuring Costs	-	3.59	-
Stock-Based Compensation	29.13	16.43	2.71
Other Operating Activities	-0.49	-2.6	-2.74
Change in Accounts Receivable	-3.78	-5.92	-1.46
Change in Inventory	-0.21	1.58	1.49
Change in Accounts Payable	-0.65	-6.07	-1.56
Change in Unearned Revenue	-12.36	7.41	-5.75
Change in Other Net Operating Assets	1.7	0.1	0.31
Operating Cash Flow	-51.46	-25.5	-15.38
Capital Expenditures	-126.51	-82.7	-17.21
Cash Acquisitions	-32.6	-	2.05
Investment in Securities	-2.5	-	-0.1
Other Investing Activities	67.05	54.93	26.86
Investing Cash Flow	-94.55	-27.77	11.6
Long-Term Debt Issued	-	68.02	47.1
Long-Term Debt Repaid	-	-56.57	-39.61
Net Debt Issued (Repaid)	-59.29	11.45	7.49
Other Financing Activities	12.43	0.91	-8.68
Financing Cash Flow	517.07	78.96	1.93
Foreign Exchange Rate Adjustments	0.07	-0.03	0.01
Net Cash Flow	371.12	25.65	-1.84
Free Cash Flow	-177.97	-108.21	-32.59
Free Cash Flow Margin	-113.01%	-75.05%	-23.95%
Free Cash Flow Per Share	-7.22	-12.73	-3.83
Levered Free Cash Flow	-	-65.54	-
Unlevered Free Cash Flow	-	-63.7	-
Change in Working Capital	-15.3	-2.9	-6.98

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q