MRC: the cashflow

MyFinsight

For the quarter ending 2025-09-30, MRC had -$16M decrease in cash & cash equivalents over the period. -$43M in free cash flow.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Cash and cash equivalents at beginning of period	63	-
Net income	-9	21
Depreciation and amortization	6	12
Amortization of intangibles	4	9
Equity-based compensation expense	4	8
Deferred income tax (benefit)	-2	0
Increase (decrease) in lifo reserve	13	11
Other non-cash items	-2	3
Accounts receivable	4	80
Inventories	47	82
Other current assets	2	4
Accounts payable	-4	106
Accrued expenses and other current liabilities	3	-23
Operating cash flows from continuing operations	-36	-25
Operating cash flows from discontinued operations	-1	-5
Net cash (used in) provided by operating activities	-37	-30
Purchases of property, plant and equipment	6	24
Other investing activities	0	-5
Investing cash flows from continuing operations	-6	-19
Investing cash flows from discontinued operations	1	17
Net cash used in investing activities	-5	-2
Payments on revolving credit facilities	167	337
Proceeds from revolving credit facilities	195	400
Payments on debt obligations	1	1
Debt issuance costs paid	1	-
Dividends paid on preferred stock	0	0
Repurchases of common stock	0	15
Repurchases of shares to satisfy tax withholdings	0	7
Other financing activities	0	-1
Financing cash flows from continuing operations	26	39
Financing cash flows from discontinued operations	0	0
Net cash provided by (used in) financing activities	26	39
Decrease in cash	-16	7
Effect of exchange rate changes on cash	5	-
Cash and cash equivalents at end of period	59	-

Unit: Million (M) dollars