Greg Orenstein
Chief Financial Officer at nCino
Non GAAP net income attributable to Encino for fiscal 'twenty five was $76,100,000 or $0.66 per diluted share compared to $58,000,000 or $0.51 per diluted share in fiscal twenty four. Fiscal '20 '5 non GAAP net income attributable to nCino included $3,000,000 of interest expense on our credit facility in the fourth quarter and $5,700,000 for the full year. Fiscal 'twenty five non GAAP net income attributable to nCino also included other non operating, predominantly non cash expenses from fluctuations in foreign currency on intercompany loans of approximately $10,300,000 in the fourth quarter and $10,500,000 for the full year. Free cash flow was negative $10,400,000 in the fourth quarter of fiscal 'twenty five, down from $7,700,000 in the fourth quarter of fiscal 'twenty four due to acquisition related costs of $2,800,000 3 million dollars of additional interest expense and timing related fluctuations in net working capital. Free cash flow for fiscal twenty five was $53,400,000 compared to $53,800,000 in fiscal twenty four, with growth in this metric temporarily impacted by acquisition related costs of $12,200,000 and $4,800,000 of additional interest expense as we drew on our line of credit to complete the acquisition of Full Circle.