Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 824.3M | 252.5M | 201.1M | 273.1M |
| Net income | 155.7M | 139.9M | 110.8M | 125.0M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 22.6M | 103.4M | 70.0M | 27.6M |
| Accounts receivable | -15.2M | 5.4M | -5.8M | -14.9M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 661.2M | 3.9M | 26.2M | 135.4M |
| Investing activities | 845.6M | -36.4M | -67.6M | -26.0M |
| Capital expenditures | -64K | -93K | -3.2M | -9.2M |
| Net intangibles | -411.2M | -244.6M | -470.0M | -468.3M |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -173.1M | -490.3M | -727.0M | -348.8M |
| Sale of investments | 1.0B | 453.4M | 662.6M | 332.0M |
| Other investing activity | 1.5M | 629K | — | 49K |
| Financing activities | -1.3B | 136.6M | 333.4M | 132.3M |
| Long term debt issuance | 0 | 86.7M | 276.9M | 147.1M |
| Long term debt payments | -1.3B | -93.4M | -3.8M | -112K |
| Short term debt issuance | 0 | -75M | 75M | 0 |
| Common stock issuance | 0 | 218.4M | 0 | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -149K | -78K | -14.7M | -14.8M |
| Other financing charges | — | — | — | — |
| End cash position | 39.1M | 19.2M | 41.5M | 86.6M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 414.8M | -73.1M | -332.5M | -144.6M |