Zeo Energy Corp. (ZEO)

Zeo Energy Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-22.69	-9.87	4.85	14.33
Depreciation & Amortization	11.99	4.84	1.84	-
Stock-Based Compensation	0.29	7.95	-	-
Other Adjustments	5.29	2.36	2.08	-13.18
Change in Receivables	0.56	0.2	-0.4	-
Changes in Inventories	-0.11	-0.13	-0.06	-
Changes in Accounts Payable	2.22	-2.51	4.5	0.12
Changes in Accrued Expenses	0.76	-0.2	3.95	-
Changes in Unearned Revenue	-0.41	-1.16	1.16	-
Changes in Other Operating Activities	-1.65	2.45	-5.38	2
Operating Cash Flow	-0.91	-8.72	11.98	3.28
Operating Cash Flow Growth	-	-	265.68%	-
Capital Expenditures	-0.36	-0.37	-1.03	-
Purchases of Investments	-	-	-	-3.98
Payments for Business Acquisitions	-	-4	-	-
Other Investing Activities	-	-3	-	-
Investing Cash Flow	-7.85	-7.37	-1.03	-3.98
Long-Term Debt Issued	-	2.44	0.31	-
Long-Term Debt Repaid	-0.28	-0.33	-0.24	-
Net Long-Term Debt Issued (Repaid)	-0.28	2.11	0.07	-
Issuance of Common Stock	-	2.72	-	-
Net Common Stock Issued (Repurchased)	-	2.72	-	-
Issuance of Preferred Stock	-1.58	9.22	-	-
Net Preferred Stock Issued (Repurchased)	-1.58	9.22	-	-
Common Dividends Paid	-	-0.09	-5.17	-
Preferred Share Dividends Paid	-	-0.14	-	-
Other Financing Activities	-0.12	-0.12	-0.08	-
Financing Cash Flow	3.49	13.7	-5.19	-
Net Cash Flow	-5.28	-2.39	5.75	-0.71
Free Cash Flow	-1.27	-9.09	10.94	3.28
Free Cash Flow Growth	-	-	234.09%	-
FCF Margin	-1.95%	-12.40%	9.98%	-
Free Cash Flow Per Share	-0.09	-1.64	10.94	3.28
Levered Free Cash Flow	2.92	2.35	9.89	16.46
Unlevered Free Cash Flow	-7.19	-6.93	10.11	-0.71

Updated Aug 13, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q