2020 Annual Meeting of Shareholders slide image

2020 Annual Meeting of Shareholders

10 Cash flow summary (In $ millions) (¹) Net Income (Loss) Depreciation and amortization Other non-cash items, net Cash settlement for termination of interest rate swap Changes in Operating Assets and Liabilities Accounts receivable, unbilled receivables, and costs in excess of billings Inventory Accounts payable and accrued expenses Other Operating Cash Flow Capital expenditures Free Cash Flow (²) Free Cash Flow (²)/Adjusted EBITDA (2) Free Cash Flow (2)/GAAP Net (Loss) Income Ⓒ Mercury Systems, Inc. 4/1/22 $4.1 24.5 8.4 (47.3) (8.0) 32.3 (18.3) (41.2) (4.3) (6.1) ($10.3) N.A. N.A. For the Fiscal Quarters Ended 9/30/22 12/30/22 7/1/22 $16.9 ($14.3) ($10.9) 23.4 23.7 27.2 14.5 8.8 (8.2) 6.0 (81.3) (12.5) 12.8 6.7 (74.3) (19.4) (8.2) ($27.6) N.A. N.A. Does not contain Technical Data. //Mercury Proprietary/No Tech Data// (47.3) (18.4) (17.8) (6.7) (90.2) (66.0) (7.3) ($73.4) N.A. N.A. 16.4 (21.8) (11.0) 43.7 27.3 35.4 (13.2) $22.2 62% N.A. 3/31/23 $5.2 23.9 2.6 (22.8) (29.8) 17.0 0.7 (34.9) (3.2) (9.4) ($12.7) N.A. N.A. Notes (1) Rounded amounts used. (2) Non-GAAP, see reconciliation table. mercury
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