INFY
Valuation Ratios
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Price to Earnings | 24.01 | 23.29 | 24.56 | 35.56 |
| Price to Sales | 3.93 | 4.00 | 4.00 | 6.42 |
| Book Value Per Common Share | 2.70 | 2.55 | 2.22 | 2.37 |
| Price to Book | 6.75 | 7.03 | 7.87 | 10.50 |
| Price to Operating Cash Flow | 17.43 | 23.57 | 25.56 | 31.32 |
| Price to Free Cash Flow | 18.55 | 25.75 | 28.77 | 34.30 |
| Enterprise Value to EBITDA | 149300.06 | 149444.49 | 154010.40 | 230434.62 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 81.35 | 92.65 | 91.25 | 115.37 | 117.21 |
| Price to Sales | 13.29 | 15.17 | 15.68 | 18.38 | 18.61 |
| Book Value Per Common Share | 2.81 | 2.67 | 2.70 | 2.49 | 2.60 |
| Price to Book | 5.80 | 6.94 | 6.75 | 8.81 | 8.55 |
| Price to Operating Cash Flow | 58.29 | 76.01 | |||
| Price to Free Cash Flow | 61.26 | 83.18 | |||
| Enterprise Value to EBITDA | 514053.28 | 747176.45 | 591246.93 | 786096.68 | 892933.71 |
Earnings Data
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Earning YoY | -1.30 | 8.45 | 1.43 | |
| Revenue YoY | 3.85 | 1.92 | 11.65 | |
| EBITDA YoY | 1.97 | 6.04 | 3.42 | |
| Net Profit YoY | -0.28 | 6.24 | 0.61 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 0.00 | 0.00 | 5.26 | 0.00 | |
| Revenue YoY | 2.73 | 4.46 | -4.23 | 0.92 | |
| EBITDA YoY | 27.63 | -19.62 | 10.74 | 11.81 | |
| Net Profit YoY | 3.71 | -0.49 | 1.12 | 3.47 |
Financial Strength
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.09 | 0.81 | 0.56 | 0.77 |
| Quick Ratio | 2.09 | 2.12 | 1.64 | 1.83 |
| Current Ratio | 2.27 | 2.31 | 1.81 | 2.00 |
| Debt to Equity | 0.55 | 0.56 | 0.66 | 0.56 |
| Long-Term Debt to Equity | 0.10 | 0.12 | 0.14 | 0.11 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.21 | 1.01 | 1.11 | 0.89 | 0.85 |
| Quick Ratio | 2.11 | 1.83 | 2.09 | 1.95 | 1.82 |
| Current Ratio | 2.28 | 2.18 | 2.27 | 2.13 | 2.19 |
| Debt to Equity | 0.55 | 0.57 | 0.55 | 0.57 | 0.56 |
| Long-Term Debt to Equity | 0.10 | 0.11 | 0.10 | 0.11 | 0.11 |
Profitability
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| ROA | 18.13 | 19.17 | 19.47 | 19.05 |
| ROE | 28.06 | 29.86 | 32.32 | 29.65 |
| Gross Margin | 30.46 | 30.10 | 30.22 | 32.59 |
| Operating Margin | 23.32 | 23.72 | 22.84 | 24.91 |
| EBITDA Margin | 26.27 | 26.76 | 25.72 | 27.77 |
| Net Profit Margin | 16.38 | 17.06 | 16.37 | 18.17 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 4.64 | 4.64 | 4.67 | 4.94 | 4.59 |
| ROE | 7.18 | 7.28 | 7.22 | 7.76 | 7.17 |
| Gross Margin | 30.73 | 30.86 | 30.19 | 30.27 | 30.53 |
| Operating Margin | 23.19 | 20.81 | 23.87 | 23.39 | 21.11 |
| EBITDA Margin | 25.85 | 20.81 | 27.04 | 23.39 | 21.11 |
| Net Profit Margin | 16.53 | 16.37 | 17.19 | 16.28 | 15.88 |
Dividends
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 76.50 | 56.11 | 56.93 | 57.48 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | ||||
| Dividend Payout Ratio | 0.12 |
Financial Statements
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Assets | 17,419,000.00 | 16,523,000.00 | 15,312,000.00 | 15,555,000.00 |
| Current Assets | 11,359,000.00 | 10,722,000.00 | 8,626,000.00 | 8,865,000.00 |
| Cash and Short-Term Investments | 4,509,000.00 | 3,348,000.00 | 2,359,000.00 | 3,229,000.00 |
| Cash and Cash Equivalents | 2,861,000.00 | 1,773,000.00 | 1,481,000.00 | 2,305,000.00 |
| Short-Term Investments | 1,648,000.00 | 1,575,000.00 | 878,000.00 | 924,000.00 |
| Net Receivables | 5,956,000.00 | 6,521,000.00 | 5,448,000.00 | 4,865,000.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 894,000.00 | 853,000.00 | 819,000.00 | 771,000.00 |
| Non-Current Assets | 6,060,000.00 | 5,801,000.00 | 6,686,000.00 | 6,690,000.00 |
| Property, Plant, Equipment Net | 2,235,000.00 | 2,323,000.00 | 2,516,000.00 | 2,429,000.00 |
| Goodwill | 1,182,000.00 | 875,000.00 | 882,000.00 | 817,000.00 |
| Intangible Assets | 323,000.00 | 167,000.00 | 213,000.00 | 225,000.00 |
| Long-Term Investments | 1,425,000.00 | 1,538,000.00 | 1,680,000.00 | 1,867,000.00 |
| Non-Current Deferred Assets | 269,000.00 | 153,000.00 | 254,000.00 | 279,000.00 |
| Other Non-Current Assets | 626,000.00 | 745,000.00 | 1,141,000.00 | 1,073,000.00 |
| Liabilities | 6,164,000.00 | 5,918,000.00 | 6,088,000.00 | 5,561,000.00 |
| Current Liabilities | 5,012,000.00 | 4,651,000.00 | 4,769,000.00 | 4,433,000.00 |
| Payables and Expenses | 2,426,000.00 | 2,272,000.00 | 882,000.00 | 2,251,000.00 |
| Account Payables | 487,000.00 | 474,000.00 | 470,000.00 | 547,000.00 |
| Current Accrued Liabilities | 991,000.00 | 986,000.00 | 949,000.00 | 986,000.00 |
| Short-Term Debt | 287,000.00 | 235,000.00 | 151,000.00 | 115,000.00 |
| Other Current Liabilities | 2,299,000.00 | 2,144,000.00 | 3,736,000.00 | 2,067,000.00 |
| Non-Current Liabilities | 1,152,000.00 | 1,267,000.00 | 1,319,000.00 | 1,128,000.00 |
| Long-Term Debt | 675,000.00 | 767,000.00 | 859,000.00 | 607,000.00 |
| Other Non-Current Liabilities | 477,000.00 | 500,000.00 | 460,000.00 | 521,000.00 |
| Equity | 11,255,000.00 | 10,605,000.00 | 9,224,000.00 | 9,994,000.00 |
| Shareholders Equity | 11,205,000.00 | 10,559,000.00 | 9,172,000.00 | 9,941,000.00 |
| Capital Stock | 325,000.00 | 325,000.00 | 325,000.00 | 328,000.00 |
| Share Premium | 524,000.00 | 449,000.00 | 390,000.00 | 358,000.00 |
| Retained Earnings | 13,766,000.00 | 12,557,000.00 | 11,401,000.00 | 11,672,000.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 1,169,000.00 | 1,624,000.00 | 1,370,000.00 | 1,171,000.00 |
| Minority Interest | 50,000.00 | 46,000.00 | 52,000.00 | 53,000.00 |
| Debt | 962,000.00 | 1,002,000.00 | 1,010,000.00 | 722,000.00 |
| Common Shares Outstanding | 4,143,607.53 | 4,139,950.63 | 4,136,387.92 | 4,193,012.93 |
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Revenues | 19,277,000.00 | 18,562,000.00 | 18,212,000.00 | 16,311,000.00 |
| Cost Of Revenue | 13,405,000.00 | 12,975,000.00 | 12,709,000.00 | 10,996,000.00 |
| Interest Income | 345,000.00 | 487,000.00 | 226,000.00 | 221,000.00 |
| Interest Expense | 49,000.00 | 56,000.00 | 35,000.00 | 27,000.00 |
| Non-Interest Expense | 1,631,000.00 | 1,578,000.00 | 1,678,000.00 | 1,560,000.00 |
| Gross Profit | 5,872,000.00 | 5,587,000.00 | 5,503,000.00 | 5,315,000.00 |
| Operating Expenses | 1,795,000.00 | 1,738,000.00 | 1,678,000.00 | 1,560,000.00 |
| Selling, General and Administrative Expenses | 1,631,000.00 | 1,578,000.00 | 1,678,000.00 | 1,560,000.00 |
| Other Operating Expenses | 123,000.00 | 121,000.00 | 116,000.00 | 110,000.00 |
| Operating Income | 4,077,000.00 | 3,849,000.00 | 3,825,000.00 | 3,755,000.00 |
| Net Non-Operating Income | 15,000.00 | 24,000.00 | 40,000.00 | 27,000.00 |
| EBT | 4,447,000.00 | 4,346,000.00 | 4,125,000.00 | 4,036,000.00 |
| Income Tax | 1,285,000.00 | 1,177,000.00 | 1,142,000.00 | 1,068,000.00 |
| Net Income Including Non-Controlling Interests | 3,162,000.00 | 3,169,000.00 | 2,983,000.00 | 2,968,000.00 |
| Net Income Non-Controlling Interests | -4,000.00 | -2,000.00 | -2,000.00 | -5,000.00 |
| Net Income | 3,158,000.00 | 3,167,000.00 | 2,981,000.00 | 2,963,000.00 |
| EBIT | 4,496,000.00 | 4,402,000.00 | 4,160,000.00 | 4,063,000.00 |
| Deprecation and Amortization | 569,000.00 | 565,000.00 | 524,000.00 | 466,000.00 |
| EBITDA | 5,065,000.00 | 4,967,000.00 | 4,684,000.00 | 4,529,000.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 4,155,263.16 | 4,138,568.09 | 4,180,897.86 | 4,209,546.72 |
| Average Shares Outstanding Diluted | 4,155,263.16 | 4,144,680.42 | 4,187,731.07 | 4,218,525.13 |
| Breakdown | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Operating Cash Flow | 4,351,000.00 | 3,148,000.00 | 2,853,000.00 | 3,345,000.00 |
| Operating Net Income | 3,162,000.00 | 3,169,000.00 | 2,983,000.00 | 2,968,000.00 |
| Deprecation and Amortization | 569,000.00 | 565,000.00 | 524,000.00 | 466,000.00 |
| Deferred Income Tax | 1,285,000.00 | 1,177,000.00 | 1,142,000.00 | 1,068,000.00 |
| Share Based Compensation | 95,000.00 | 79,000.00 | 64,000.00 | 56,000.00 |
| Change in Working Capital | -70,000.00 | -623,000.00 | -804,000.00 | -158,000.00 |
| Other Operating Activities | -690,000.00 | -1,219,000.00 | -1,056,000.00 | -1,055,000.00 |
| Investing Cash Flow | -361,000.00 | -708,000.00 | -218,000.00 | -1,005,000.00 |
| Capital Expenditure | -263,000.00 | -266,000.00 | -319,000.00 | -290,000.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 218,000.00 | -540,000.00 | 122,000.00 | -803,000.00 |
| Net Purchase/Sale of Business | -377,000.00 | -12,000.00 | -113,000.00 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -2,875,000.00 | -2,116,000.00 | -3,288,000.00 | -3,325,000.00 |
| Net Issuance/Repayment of Debt | -396,000.00 | -245,000.00 | -151,000.00 | -125,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | -1,398,000.00 | -1,503,000.00 |
| Dividends Paid | -2,416,000.00 | -1,777,000.00 | -1,697,000.00 | -1,703,000.00 |
| Other Financing Activities | -63,000.00 | -94,000.00 | -42,000.00 | 6,000.00 |
| Net Change in Cash | 1,115,000.00 | 324,000.00 | -653,000.00 | -985,000.00 |
| Cash at Beginning of Period | 1,773,000.00 | 1,481,000.00 | 2,305,000.00 | 3,380,000.00 |
| Cash at End of Period | 2,861,000.00 | 1,773,000.00 | 1,481,000.00 | 2,305,000.00 |
| Free Cash Flow | 4,088,000.00 | 2,882,000.00 | 2,534,000.00 | 3,055,000.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 |
|---|---|---|---|---|---|---|
| Assets | 18,064,000.00 | 17,447,000.00 | 17,419,000.00 | 16,291,000.00 | 16,928,000.00 | 0 |
| Current Assets | 11,913,000.00 | 11,244,000.00 | 11,359,000.00 | 10,238,000.00 | 10,684,000.00 | 0 |
| Cash and Short-Term Investments | 5,016,000.00 | 4,089,000.00 | 4,509,000.00 | 3,691,000.00 | 3,488,000.00 | 0 |
| Cash and Cash Equivalents | 3,539,000.00 | 3,202,000.00 | 2,861,000.00 | 2,613,000.00 | 2,601,000.00 | 0 |
| Short-Term Investments | 1,477,000.00 | 887,000.00 | 1,648,000.00 | 1,078,000.00 | 887,000.00 | 0 |
| Net Receivables | 5,999,000.00 | 5,368,000.00 | 5,956,000.00 | 5,681,000.00 | 5,379,000.00 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 898,000.00 | 1,787,000.00 | 894,000.00 | 866,000.00 | 1,817,000.00 | 0 |
| Non-Current Assets | 6,151,000.00 | 6,203,000.00 | 6,060,000.00 | 6,053,000.00 | 6,244,000.00 | 0 |
| Property, Plant, Equipment Net | 2,172,000.00 | 2,223,000.00 | 2,235,000.00 | 2,183,000.00 | 2,284,000.00 | 0 |
| Goodwill | 1,295,000.00 | 0 | 1,182,000.00 | 1,160,000.00 | 0 | 875,000.00 |
| Intangible Assets | 357,000.00 | 0 | 323,000.00 | 348,000.00 | 0 | 167,000.00 |
| Long-Term Investments | 1,228,000.00 | 1,241,000.00 | 1,425,000.00 | 1,240,000.00 | 1,189,000.00 | 0 |
| Non-Current Deferred Assets | 303,000.00 | 0 | 269,000.00 | 209,000.00 | 0 | 153,000.00 |
| Other Non-Current Assets | 796,000.00 | 0 | 626,000.00 | 913,000.00 | 0 | 0 |
| Liabilities | 6,377,000.00 | 6,327,000.00 | 6,164,000.00 | 5,935,000.00 | 6,090,000.00 | 0 |
| Current Liabilities | 5,224,000.00 | 5,154,000.00 | 5,012,000.00 | 4,803,000.00 | 4,871,000.00 | 0 |
| Payables and Expenses | 2,553,000.00 | 422,000.00 | 2,426,000.00 | 2,366,000.00 | 458,000.00 | 0 |
| Account Payables | 432,000.00 | 422,000.00 | 487,000.00 | 429,000.00 | 458,000.00 | 0 |
| Current Accrued Liabilities | 1,070,000.00 | 0 | 991,000.00 | 1,014,000.00 | 0 | 986,000.00 |
| Short-Term Debt | 312,000.00 | 0 | 287,000.00 | 293,000.00 | 0 | 235,000.00 |
| Other Current Liabilities | 2,359,000.00 | 0 | 2,299,000.00 | 2,144,000.00 | 0 | 0 |
| Non-Current Liabilities | 1,153,000.00 | 1,173,000.00 | 1,152,000.00 | 1,132,000.00 | 1,219,000.00 | 0 |
| Long-Term Debt | 674,000.00 | 693,000.00 | 675,000.00 | 667,000.00 | 756,000.00 | 0 |
| Other Non-Current Liabilities | 479,000.00 | 480,000.00 | 477,000.00 | 465,000.00 | 463,000.00 | 0 |
| Equity | 11,687,000.00 | 11,120,000.00 | 11,255,000.00 | 10,356,000.00 | 10,838,000.00 | 0 |
| Shareholders Equity | 11,634,000.00 | 11,069,000.00 | 11,205,000.00 | 10,307,000.00 | 10,789,000.00 | 0 |
| Capital Stock | 325,000.00 | 0 | 325,000.00 | 325,000.00 | 0 | 325,000.00 |
| Share Premium | 571,000.00 | 0 | 524,000.00 | 519,000.00 | 0 | 449,000.00 |
| Retained Earnings | 14,664,000.00 | 0 | 13,766,000.00 | 12,873,000.00 | 0 | 12,557,000.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 864,000.00 | 0 | 1,169,000.00 | 1,235,000.00 | 0 | 1,624,000.00 |
| Minority Interest | 53,000.00 | 51,000.00 | 50,000.00 | 49,000.00 | 49,000.00 | 0 |
| Debt | 986,000.00 | 693,000.00 | 962,000.00 | 960,000.00 | 756,000.00 | 0 |
| Common Shares Outstanding | 4,145,309.95 | 4,145,174.22 | 4,143,607.53 | 4,142,082.08 | 4,141,909.56 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 5,076,000.00 | 4,941,000.00 | 4,730,000.00 | 4,939,000.00 | 4,894,000.00 |
| Cost Of Revenue | 3,516,000.00 | 3,416,000.00 | 3,302,000.00 | 3,444,000.00 | 3,400,000.00 |
| Interest Income | 84,000.00 | 0 | 125,000.00 | 70,000.00 | 0 |
| Interest Expense | 12,000.00 | 0 | 11,000.00 | 12,000.00 | 0 |
| Non-Interest Expense | 454,000.00 | 497,000.00 | 404,000.00 | 403,000.00 | 461,000.00 |
| Gross Profit | 1,560,000.00 | 1,525,000.00 | 1,428,000.00 | 1,495,000.00 | 1,494,000.00 |
| Operating Expenses | 495,000.00 | 497,000.00 | 443,000.00 | 441,000.00 | 461,000.00 |
| Selling, General and Administrative Expenses | 454,000.00 | 497,000.00 | 404,000.00 | 403,000.00 | 461,000.00 |
| Other Operating Expenses | 32,000.00 | 0 | 30,000.00 | 31,000.00 | 0 |
| Operating Income | 1,065,000.00 | 1,028,000.00 | 985,000.00 | 1,054,000.00 | 1,033,000.00 |
| Net Non-Operating Income | 2,000.00 | 110,000.00 | -6,000.00 | 10,000.00 | 0 |
| EBT | 1,165,000.00 | 1,138,000.00 | 1,118,000.00 | 1,143,000.00 | 1,105,000.00 |
| Income Tax | 325,000.00 | 329,000.00 | 304,000.00 | 337,000.00 | 327,000.00 |
| Net Income Including Non-Controlling Interests | 840,000.00 | 809,000.00 | 814,000.00 | 806,000.00 | 778,000.00 |
| Net Income Non-Controlling Interests | -1,000.00 | 0 | -1,000.00 | -2,000.00 | 0 |
| Net Income | 839,000.00 | 809,000.00 | 813,000.00 | 804,000.00 | 777,000.00 |
| EBIT | 1,177,000.00 | 1,028,000.00 | 1,129,000.00 | 1,155,000.00 | 1,033,000.00 |
| Deprecation and Amortization | 135,000.00 | 0 | 150,000.00 | 0 | 0 |
| EBITDA | 1,312,000.00 | 1,028,000.00 | 1,279,000.00 | 1,155,000.00 | 1,033,000.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 4,145,208.27 | 4,045,000.00 | 4,065,000.00 | 4,141,941.44 | 4,089,473.68 |
| Average Shares Outstanding Diluted | 4,151,315.58 | 4,257,894.74 | 4,065,000.00 | 4,151,534.78 | 4,089,473.68 |
| Breakdown | 2025-09-30 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Operating Cash Flow | 1,157,000.00 | 976,000.00 | 914,000.00 |
| Operating Net Income | 840,000.00 | 814,000.00 | 960,000.00 |
| Deprecation and Amortization | 135,000.00 | 150,000.00 | 140,000.00 |
| Deferred Income Tax | 325,000.00 | 304,000.00 | 273,000.00 |
| Share Based Compensation | 26,000.00 | 23,000.00 | 27,000.00 |
| Change in Working Capital | -102,000.00 | 71,000.00 | 16,000.00 |
| Other Operating Activities | -67,000.00 | -386,000.00 | -502,000.00 |
| Investing Cash Flow | -630,000.00 | -762,000.00 | -667,000.00 |
| Capital Expenditure | -56,000.00 | -84,000.00 | -66,000.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | -598,000.00 | -692,000.00 | -618,000.00 |
| Net Purchase/Sale of Business | -2,000.00 | 0 | 12,000.00 |
| Other Investing Activities | 26,000.00 | 14,000.00 | 5,000.00 |
| Financing Cash Flow | -93,000.00 | -76,000.00 | -99,000.00 |
| Net Issuance/Repayment of Debt | -77,000.00 | -66,000.00 | -71,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 2,000.00 |
| Dividends Paid | -1,000.00 | 0 | 0 |
| Other Financing Activities | 0 | -10,000.00 | -30,000.00 |
| Net Change in Cash | 434,000.00 | 138,000.00 | 148,000.00 |
| Cash at Beginning of Period | 3,202,000.00 | 2,663,000.00 | 1,640,000.00 |
| Cash at End of Period | 3,585,000.00 | 2,861,000.00 | 1,773,000.00 |
| Free Cash Flow | 1,101,000.00 | 892,000.00 | 848,000.00 |