Music Licensing Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	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	2018 - 2019
Net Income	-54.42	46.03	-0.06	-0.21	-0.02	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	0.02	-	Upgrade
Provision & Write-off of Bad Debts	-923.49	993.63	-	-	-	Upgrade
Other Operating Activities	-	-	-0.34	-	-	Upgrade
Change in Accounts Receivable	965.22	-1,052	-	-	-	Upgrade
Change in Accounts Payable	0.07	12.62	-0.11	-0.03	-	Upgrade
Operating Cash Flow	-12.62	0.11	-0.52	-0.22	-0.02	Upgrade
Sale (Purchase) of Intangibles	-0.15	-0.16	-	-	-	Upgrade
Investment in Securities	-	-	-	-0.02	-	Upgrade
Investing Cash Flow	-0.15	-0.16	-	-0.02	-	Upgrade
Short-Term Debt Issued	-	-	-	0.2	-	Upgrade
Long-Term Debt Issued	10.93	-	-	-	-	Upgrade
Total Debt Issued	10.93	-	-	0.2	-	Upgrade
Net Debt Issued (Repaid)	10.93	-	-	0.2	-	Upgrade
Issuance of Common Stock	1.84	0.05	-	0.21	0.03	Upgrade
Repurchase of Common Stock	-	-0.01	-	-	-	Upgrade
Other Financing Activities	-	-	0.34	-	-	Upgrade
Financing Cash Flow	12.77	0.05	0.34	0.41	0.03	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	Upgrade
Net Cash Flow	0	-0	-0.17	0.17	0	Upgrade
Levered Free Cash Flow	8.59	-29.62	-0.17	-0.14	-0.07	Upgrade
Unlevered Free Cash Flow	8.59	-29.62	-0.17	-0.14	-0.07	Upgrade
Change in Net Working Capital	-42.6	58.23	-0.09	0.03	0.05	Upgrade

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.