TurboGen Ltd. (TRBG) Cash Flow Statement
Where TRBG’s cash came from and went, 2025
December 31, 2025 · Israeli shekels- Cash from operations
- −₪16.1M
- Capital expenditures
- ₪0
- Free cash flow
- −₪16.1M
- Returned to shareholders
- —
- Change in cash
- ₪11.3M cash at year-end ₪12.6M
Drawn to scale: where the cash came from and how it was used. Hover for values.
TRBG operating cash flow, capex and free cash flow
TRBG cash flow trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −₪15.2M2022 | −₪16.1M2025 | — | |
| Capital expenditures | ₪233,0002022 | ₪02025 | −100.0% | |
| Free cash flow | −₪15.4M2022 | −₪16.1M2025 | — | |
| Stock-based compensation | ₪1.6M2022 | ₪19.7M2025 | +132.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TRBG cash flow by activity
TRBG net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
TRBG cash flow statement in Israeli shekels
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | −₪73.5M | −₪21.1M | −₪18.9M | −₪19.2M |
| Depreciation & amortization | ₪616,000 | ₪734,000 | — | ₪881,000 |
| Stock-based compensation | ₪19.7M | ₪1.6M | — | ₪1.6M |
| Change in working capital | −₪4.1M | ₪2.6M | — | ₪62,000 |
| Other non-cash items | ₪41.2M | ₪9.4M | ₪5.0M | ₪1.5M |
| Cash from operating activities | −₪16.1M | −₪6.8M | −₪13.8M | −₪15.2M |
| Investing activities | ||||
| Capital expenditures | ₪0 | −₪7,000 | −₪34,000 | −₪233,000 |
| Investments (net) | ₪0 | −₪30,000 | −₪4,000 | −₪129,000 |
| Financing activities | ||||
| Net borrowing (repayment) | ₪1.5M | ₪2.0M | ₪7.0M | ₪4.3M |
| Shares issued | ₪25.9M | ₪4.0M | ₪1.5M | ₪0 |
| Summary | ||||
| Net change in cash | ₪11.3M | −₪428,000 | −₪5.1M | −₪10.0M |
| Cash at end of period | ₪12.6M | ₪1.2M | ₪1.7M | ₪6.8M |
| Free cash flow | −₪16.1M | −₪6.8M | −₪13.8M | −₪15.4M |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Israeli shekels as reported; data from EODHD.
TRBG cash generation
In fiscal 2025 (ended December 31, 2025), TurboGen generated -₪16.1 million of cash from operations and spent ₪0 on capital expenditures, leaving free cash flow of -₪16.1 million. Cash and equivalents rose by ₪11.3 million over the year.
Related: TRBG income statement, TRBG balance sheet. See the TRBG stock overview for the latest quote and news.
TRBG cash flow FAQ
What is TurboGen's free cash flow?
TurboGen's free cash flow was -₪16.1 million in fiscal 2025: -₪16.1 million of operating cash flow minus ₪0 of capital expenditures It was -₪6.8 million a year earlier..
How much cash does TurboGen generate from operations?
TurboGen generated -₪16.1 million of cash from operating activities in fiscal 2025.