IPEX Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024
Net Income	1.31	-0.01
Change in Accounts Payable	0.66	0.01
Change in Other Net Operating Assets	-0.28	-0.23
Operating Cash Flow	-0.55	-0.23
Total Debt Issued	0.6	0.19
Net Debt Issued (Repaid)	0.6	0.19
Issuance of Common Stock	88.92	0.04
Financing Cash Flow	87.09	0.23
Change in Working Capital	0.38	-0.22

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