Turbogen Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-40.63	-21.12	-18.86	-19.17	-20.94	-5.71
Depreciation & Amortization	0.64	0.73	1.02	0.87	0.58	0.29
Loss (Gain) From Sale of Assets	-	0	-	0.01	-	-
Stock-Based Compensation	8.44	1.64	4.18	1.58	5.6	0.23
Other Operating Activities	22.82	9.4	1.43	1.5	1.07	-0.22
Change in Accounts Receivable	-0.5	-0	0.2	0.91	-1.14	-0.14
Change in Accounts Payable	-0.84	-0.88	-0.35	0.81	0.2	0.47
Change in Unearned Revenue	-0.72	0.67	-0.52	0.54	-1.14	1.18
Change in Other Net Operating Assets	1.15	2.8	-0.91	-2.19	3.95	0.36
Operating Cash Flow	-9.64	-6.75	-13.82	-15.16	-11.83	-3.55
Capital Expenditures	-	-0.01	-0.03	-0.23	-0.69	-0.23
Sale of Property, Plant & Equipment	-	-	-	0	-	-
Other Investing Activities	-	-0.03	-0	-0.13	-0.06	-0.17
Investing Cash Flow	-	-0.04	-0.04	-0.36	-0.75	-0.39
Short-Term Debt Issued	-	-	-	4.98	0.26	0.48
Long-Term Debt Issued	-	2	8.1	-	-	-
Total Debt Issued	4.15	2	8.1	4.98	0.26	0.48
Short-Term Debt Repaid	-	-	-	-0.18	-0.88	-
Long-Term Debt Repaid	-	-0.61	-0.72	-0.64	-0.41	-0.29
Total Debt Repaid	-0.58	-0.61	-0.72	-0.82	-1.28	-0.29
Net Debt Issued (Repaid)	3.57	1.39	7.38	4.16	-1.02	0.18
Issuance of Common Stock	15.79	4.04	0.36	-	28.91	3.09
Other Financing Activities	0.55	0.93	0.97	1.35	0.91	1.19
Financing Cash Flow	19.91	6.36	8.71	5.51	28.8	4.47
Net Cash Flow	10.28	-0.43	-5.14	-10.01	16.22	0.52
Free Cash Flow	-9.64	-6.76	-13.85	-15.39	-12.52	-3.78
Free Cash Flow Per Share	-0.64	-0.47	-1.00	-1.12	-1.13	-0.40
Cash Interest Paid	0.05	0.02	0.05	0.08	0.07	0.05
Levered Free Cash Flow	-16.23	-6.1	-0.17	-3.54	-5.22	-
Unlevered Free Cash Flow	-4.78	-3.04	1.52	-3.26	-5.08	-
Change in Working Capital	-0.9	2.59	-1.58	0.06	1.87	1.86

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