HORIZON EDUCATIONAL

Horizon Educational Company

9603StocksTadawulConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2025Jun 30, 2025	2024Jun 30, 2024	2023Jun 30, 2023	2022Jun 30, 2022
Operations
Operating Cash Flow	16.05M	11.81M	14.25M	7.94M
Free Cash Flow	-15.01M	8.34M	9.67M	7.75M
Capital Expenditures	-31.06M	-3.47M	-4.59M	-0.19M
Investing & Financing
Investing Cash Flow	-10.36M	-23.47M	-4.59M	-0.19M
Financing Cash Flow	-8.81M	16.86M	-10.92M	-8.22M
Dividends Paid	-7.50M	-9.00M	-9.00M	-6.30M
Operating Activities
Operating Cash Flow	16.05M	11.81M	14.25M	7.94M
Net Income	9.94M	10.23M	8.94M	7.14M
Change in Accounts Payable	1.18M	-0.13M	0.31M	0.05M
Change in Accounts Receivable	-0.64M	-0.06M	1.23M	-0.88M
Change in Inventory	-545.96K	-144.04K	—	—
Change in Other Net Operating Assets	-0.20M	-2.21M	0.79M	-1.28M
Change in Unearned Revenue	1.74M	0.45M	—	—
Change in Working Capital	1.53M	-2.09M	2.33M	-2.11M
Other Operating Activities	1.75M	1.12M	0.25M	0.59M
Provision & Write-off of Bad Debts	223.90K	—	434.54K	—
Depreciation & Amortization	3.31M	2.54M	2.30M	2.32M
Investing Activities
Investing Cash Flow	-10.36M	-23.47M	-4.59M	-0.19M
Capital Expenditures	-31.06M	-3.47M	-4.59M	-0.19M
Investment in Securities	20.00M	-20.00M	—	—
Sale of Property, Plant & Equipment	700.00K	—	—	—
Loss (Gain) From Sale of Assets	-700.00K	—	—	—
Financing Activities
Financing Cash Flow	-8.81M	16.86M	-10.92M	-8.22M
Common Dividends Paid	-7.50M	-9.00M	-9.00M	-6.30M
Issuance of Common Stock	—	27.00M	—	—
Long-Term Debt Repaid	-1.31M	-1.11M	-1.92M	-1.92M
Net Debt Issued (Repaid)	-1.31M	-1.11M	-1.92M	-1.92M
Other Financing Activities	—	-34.36K	—	—
Free Cash Flow & Returns
Free Cash Flow	-15.01M	8.34M	9.67M	7.75M
Free Cash Flow Growth	—	-13.7%	+24.8%	—
Free Cash Flow Margin	-36.8%	+19.8%	+26.3%	+24.0%
Free Cash Flow Per Share	-6.48	3.70	4.83	3.87
Levered Free Cash Flow	-20.53M	3.43M	5.88M	—
Unlevered Free Cash Flow	-19.79M	3.61M	5.88M	—
Operating Cash Flow Growth	+35.9%	-17.1%	+79.6%	—
Net Cash Flow	-3.12M	5.20M	-1.25M	-0.47M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2025Jun 30, 2025	2024Jun 30, 2024	2023Jun 30, 2023	2022Jun 30, 2022
Operations
Operating Cash Flow	16.05M	11.81M	14.25M	7.94M
Free Cash Flow	-15.01M	8.34M	9.67M	7.75M
Capital Expenditures	-31.06M	-3.47M	-4.59M	-0.19M
Investing & Financing
Investing Cash Flow	-10.36M	-23.47M	-4.59M	-0.19M
Financing Cash Flow	-8.81M	16.86M	-10.92M	-8.22M
Dividends Paid	-7.50M	-9.00M	-9.00M	-6.30M
Operating Activities
Operating Cash Flow	16.05M	11.81M	14.25M	7.94M
Net Income	9.94M	10.23M	8.94M	7.14M
Change in Accounts Payable	1.18M	-0.13M	0.31M	0.05M
Change in Accounts Receivable	-0.64M	-0.06M	1.23M	-0.88M
Change in Inventory	-545.96K	-144.04K	—	—
Change in Other Net Operating Assets	-0.20M	-2.21M	0.79M	-1.28M
Change in Unearned Revenue	1.74M	0.45M	—	—
Change in Working Capital	1.53M	-2.09M	2.33M	-2.11M
Other Operating Activities	1.75M	1.12M	0.25M	0.59M
Provision & Write-off of Bad Debts	223.90K	—	434.54K	—
Depreciation & Amortization	3.31M	2.54M	2.30M	2.32M
Investing Activities
Investing Cash Flow	-10.36M	-23.47M	-4.59M	-0.19M
Capital Expenditures	-31.06M	-3.47M	-4.59M	-0.19M
Investment in Securities	20.00M	-20.00M	—	—
Sale of Property, Plant & Equipment	700.00K	—	—	—
Loss (Gain) From Sale of Assets	-700.00K	—	—	—
Financing Activities
Financing Cash Flow	-8.81M	16.86M	-10.92M	-8.22M
Common Dividends Paid	-7.50M	-9.00M	-9.00M	-6.30M
Issuance of Common Stock	—	27.00M	—	—
Long-Term Debt Repaid	-1.31M	-1.11M	-1.92M	-1.92M
Net Debt Issued (Repaid)	-1.31M	-1.11M	-1.92M	-1.92M
Other Financing Activities	—	-34.36K	—	—
Free Cash Flow & Returns
Free Cash Flow	-15.01M	8.34M	9.67M	7.75M
Free Cash Flow Growth	—	-13.7%	+24.8%	—
Free Cash Flow Margin	-36.8%	+19.8%	+26.3%	+24.0%
Free Cash Flow Per Share	-6.48	3.70	4.83	3.87
Levered Free Cash Flow	-20.53M	3.43M	5.88M	—
Unlevered Free Cash Flow	-19.79M	3.61M	5.88M	—
Operating Cash Flow Growth	+35.9%	-17.1%	+79.6%	—
Net Cash Flow	-3.12M	5.20M	-1.25M	-0.47M