Bicicletas Monark Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	59.56	59.05	15.04	17.83	26.25	8.06
Depreciation & Amortization	1.94	1.91	1.83	1.73	1.52	1.59
Asset Writedown & Restructuring Costs	0	0	0	0	0.01	-
Other Operating Activities	-3.97	-3.44	-1.77	-2.57	3.43	0.57
Change in Accounts Receivable	1.17	0.06	1.13	-0.16	0.9	0.67
Change in Inventory	-1.37	-1.18	-1.2	1.91	7.11	-9.73
Change in Accounts Payable	-0.4	0.19	0.03	-0.52	-0.33	-0.1
Change in Income Taxes	1.98	1.37	0.31	6.37	-1.74	-2.69
Change in Other Net Operating Assets	0.3	1.39	0.06	0.19	-1.6	0.02
Operating Cash Flow	59.25	59.37	15.4	24.54	35.83	-1.82
Operating Cash Flow Growth	299.82%	285.52%	-37.23%	-31.52%	-	-
Capital Expenditures	-0.13	-0.15	-0.24	-0.09	-0.17	-0.18
Investment in Securities	-	-	-	-0.01	0	0
Investing Cash Flow	-0.13	-0.15	-0.24	-0.09	-0.17	-0.18
Long-Term Debt Repaid	-	-1.89	-1.81	-1.75	-1.6	-1.49
Net Debt Issued (Repaid)	-1.92	-1.89	-1.81	-1.75	-1.6	-1.49
Common Dividends Paid	-60.06	-60.06	-17.72	-26.07	-8.06	-3.58
Financing Cash Flow	-61.97	-61.94	-19.53	-27.82	-9.67	-5.06
Net Cash Flow	-2.86	-2.72	-4.37	-3.38	25.99	-7.06
Free Cash Flow	59.11	59.23	15.16	24.45	35.66	-2
Free Cash Flow Growth	306.25%	290.65%	-37.99%	-31.43%	-	-
Free Cash Flow Margin	442.17%	408.62%	100.64%	153.67%	192.57%	-11.32%
Free Cash Flow Per Share	129.99	130.24	33.34	53.77	78.41	-4.39
Cash Income Tax Paid	41.26	41.26	6.98	9.15	4.41	0.99
Levered Free Cash Flow	3.52	4.52	-4.04	1.5	8.09	-8.38
Unlevered Free Cash Flow	3.95	4.95	-3.88	1.67	8.24	-8.11
Change in Working Capital	1.68	1.83	0.33	7.78	4.35	-11.84

Source: S&P Global Market Intelligence. Standard template. Financial Sources.