WhiteFiber Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-24.68	1.37	-7.36
Depreciation & Amortization	23.44	16.51	-
Loss (Gain) From Sale of Assets	0.37	-	-
Stock-Based Compensation	16.87	-	-
Provision & Write-off of Bad Debts	0.18	-	-
Change in Accounts Receivable	-18.75	-4.67	-
Change in Accounts Payable	5.65	0.42	0.6
Change in Unearned Revenue	48.75	17.22	78.44
Change in Income Taxes	-0.98	0.99	-
Change in Other Net Operating Assets	-4.46	-12.86	-42.08
Operating Cash Flow	45.66	18.75	29.61
Operating Cash Flow Growth	143.50%	-36.67%	-
Capital Expenditures	-268.4	-79.03	-330.95
Sale of Property, Plant & Equipment	1.15	-	-
Investment in Securities	-	-1	-
Investing Cash Flow	-267.25	-80.03	-330.95
Long-Term Debt Repaid	-0.09	-	-
Net Debt Issued (Repaid)	-0.09	-	-
Issuance of Common Stock	166.44	-	-
Other Financing Activities	157.41	76.44	305.26
Financing Cash Flow	323.77	76.44	305.26
Foreign Exchange Rate Adjustments	0.72	-0.41	-
Net Cash Flow	102.89	14.75	3.92
Free Cash Flow	-222.75	-60.28	-301.34
Free Cash Flow Margin	-286.80%	-128.01%	-
Free Cash Flow Per Share	-7.05	-2.23	-
Cash Income Tax Paid	0.6	-	-
Levered Free Cash Flow	-237.57	-58.99	-
Unlevered Free Cash Flow	-237.57	-58.99	-
Change in Working Capital	29.48	0.87	36.96

Updated Mar 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q