Mud & Hound PCL (BKK:MUD)

Mud & Hound PCL Cash Flow Statement

Financials in millions THB. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-759.27	-672.19	-306.26	-12.08	24.11	-101.1
Depreciation & Amortization	436.43	451.43	474.54	479.44	410.56	439.52
Other Amortization	8.66	8.41	6.72	7.57	5.67	4.75
Loss (Gain) From Sale of Assets	62.11	98.29	59.23	15.49	2.78	24.2
Asset Writedown & Restructuring Costs	396.05	311.78	84.76	1.36	5.86	2.59
Loss (Gain) From Sale of Investments	-	-	-	-0.27	1.01	0.69
Provision & Write-off of Bad Debts	2.09	3.36	-	-	-	0.35
Other Operating Activities	51.67	52.22	85.54	107.52	49.5	10.24
Change in Accounts Receivable	14.52	24.75	1.55	14.15	-0.14	16.39
Change in Inventory	21.58	26.5	34.08	-5.86	-11.53	-30.66
Change in Accounts Payable	69.76	47.63	-63.79	37.35	12	54.81
Change in Other Net Operating Assets	13.51	11.76	-24.93	-24.32	-41.91	-10.55
Operating Cash Flow	320.56	363.92	351.44	620.35	457.89	411.24
Operating Cash Flow Growth	-0.77%	3.55%	-43.35%	35.48%	11.34%	21.83%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-27.22	-40.32	-82.45	-207.1	-296.94	-212.97
Sale of Property, Plant & Equipment	4.07	3.01	2.03	1.37	0.21	2.01
Cash Acquisitions	-	-	-	-43.92	-	-
Divestitures	56.88	-	-	-	-	-
Sale (Purchase) of Intangibles	-5.44	-4.77	-4.81	-7.09	-13.44	-18.71
Investment in Securities	-	-	-	9.46	9.11	-20
Other Investing Activities	-0.24	0.11	0.5	0.45	-3.32	-0.42
Investing Cash Flow	28.06	-41.96	-84.73	-246.83	-304.39	-250.09

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	719.24	558.87	535.65	368.02	235.72
Long-Term Debt Issued	-	851.1	294.9	646.23	447.33	583.39
Total Debt Issued	1,302	1,570	853.76	1,182	815.35	819.11
Short-Term Debt Repaid	-	-489.22	-590.54	-504.32	-371.96	-179.12
Long-Term Debt Repaid	-	-1,332	-527.21	-1,062	-534.07	-675.28
Total Debt Repaid	-1,583	-1,821	-1,118	-1,567	-906.04	-854.4
Net Debt Issued (Repaid)	-281.89	-251.08	-263.99	-384.75	-90.69	-35.29
Issuance of Common Stock	-	-	-	-	-	0.19
Other Financing Activities	-107.84	-103.75	-83.58	-78.53	-64.57	-61.17
Financing Cash Flow	-389.72	-354.82	-347.57	-463.28	-155.26	-96.26

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	26.44	9.46	42.59	-20.93	19.69	-23.1
Net Cash Flow	-14.66	-23.4	-38.28	-110.68	17.95	41.79

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	293.34	323.6	268.98	413.25	160.95	198.27
Free Cash Flow Growth	10.83%	20.31%	-34.91%	156.75%	-18.82%	-13.69%
Free Cash Flow Margin	12.72%	13.39%	8.74%	11.70%	5.08%	8.56%
Free Cash Flow Per Share	0.28	0.31	0.26	0.39	0.15	0.19
Levered Free Cash Flow	-31.6	12.75	147.83	288.8	88.82	188.66
Unlevered Free Cash Flow	55.4	98.5	225.75	362.36	156.26	247.75

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	107.84	103.75	83.58	78.53	64.57	61.17
Cash Income Tax Paid	0.76	0.38	7.66	7.02	-3.86	4.45
Change in Working Capital	119.36	110.63	-53.09	21.32	-41.58	30

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 11, 2026

Data Sources Report a data error