Tetragon Financial Group Limited

TGONFOTCFinancial Services● Active

$12.20

$-0.55(-4.31%)

Market Cap$1.0B

P/E Ratio—

52W High$19.62

52W Low$12.03

Avg Volume7K

Open$12.20

Beta-0.14

Free Cash Flow Financials Revenue

Tetragon Financial Group Limited (TGONF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TGONF · free cash flow · updated Jun 9, 2026

Core FCF metrics

TGONF · FCF · TTM · margin & CAGR

Free cash flow was −$800,000 for FY2025 (fiscal year ending 2025-12-31), down 101.7% year-over-year The FCF margin was -0.1%.

FY2025 Free Cash Flow−$800,000▼ -101.7% YoY

Trailing 12M (TTM)−$140.0Mtrailing 4 quarters sum

FCF Margin-0.1%−$800,000 ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TGONF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$800,000(0M)−$800,000▼ 101.7%-0.1%

FY2024$47.1M(0M)$47.1M▲ +281.2%12.9%

FY2023−$26.0M(0M)−$26.0M▲ +76.6%-10.8%

FY2022−$111.0M(0M)−$111.0M▼ 272.6%-179.9%

FY2021$64.3M(0M)$64.3M▼ 69.2%10.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TGONF · P/FCF · FCF yield · FCF per share

Tetragon Financial Group Limited (TGONF) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TGONF · cash flow statement · operating / investing / financing

For FY2025, Tetragon Financial Group Limited generated −$0.8M in operating cash flow and spent 0M in capital expenditures, yielding −$0.8M in free cash flow.

Operating Activities

−$0.8M

Cash from core business operations

2025-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$0.8M) − |CapEx| (0M) = FCF (−$0.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

TGONF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Tetragon Financial Group LimitedYOU

TGONF

−$800,000-101.7%-0.1%

Loss

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Tetragon Financial Group Limited (TGONF) reported free cash flow of −$800,000 for FY2025 (fiscal year ending 2025-12-31), down 101.7% year-over-year. The FCF margin was -0.1%.

Based on available data, Tetragon Financial Group Limited has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $321.8M in FY2014.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TGONF free cash flow · 8 questions

Tetragon Financial Group Limited free cash flow was −$800,000 for FY2025, down 101.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$140.0M.

TGONF free cash flowTGONF FCFTGONF FCF 2025TGONF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Tetragon Financial Group Limited · Tetragon Financial Group Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026