Hightech Payment Systems Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	105.78	75.3	99.93	117.08	98.85
Depreciation & Amortization	81.11	53.22	38.29	34.7	33.05
Loss (Gain) From Sale of Assets	-	-	0.7	-	-0.87
Loss (Gain) on Equity Investments	-0.65	-3.01	-3.04	-6.74	-4.89
Other Operating Activities	-25.35	-0.79	2.05	0.77	0.88
Change in Other Net Operating Assets	77.82	-75.35	-94.44	-126.66	54.86
Operating Cash Flow	238.7	49.37	43.5	19.14	181.89
Operating Cash Flow Growth	383.45%	13.50%	127.25%	-89.48%	44.14%
Capital Expenditures	-20.14	-47.79	-29.25	-14.52	-12.35
Sale of Property, Plant & Equipment	0.06	-	-	-	0.9
Cash Acquisitions	-20.29	-382.9	-	-	-115.77
Investing Cash Flow	-40.37	-430.68	-29.25	-14.52	-127.22
Long-Term Debt Issued	-	430.25	-	-	66.81
Long-Term Debt Repaid	-92.58	-	-49.46	-42.1	-
Net Debt Issued (Repaid)	-92.58	430.25	-49.46	-42.1	66.81
Issuance of Common Stock	-	-	55.53	-	-
Common Dividends Paid	-51.84	-50.36	-42.22	-38.7	-35.18
Other Financing Activities	0.1	2.5	-1.21	-1.12	-0.31
Financing Cash Flow	-144.32	382.39	-37.36	-81.93	31.33
Foreign Exchange Rate Adjustments	-2.09	-7.91	-4.12	10.39	-4.38
Miscellaneous Cash Flow Adjustments	0	-	-	-0	0
Net Cash Flow	51.91	-6.82	-27.22	-66.91	81.61
Free Cash Flow	218.56	1.59	14.25	4.62	169.54
Free Cash Flow Growth	13669.67%	-88.86%	208.16%	-97.27%	56.54%
Free Cash Flow Margin	14.10%	0.13%	1.24%	0.46%	20.40%
Free Cash Flow Per Share	29.55	0.21	1.92	0.66	24.10
Levered Free Cash Flow	196.24	-66.72	25.49	-15.24	158.96
Unlevered Free Cash Flow	229.5	-53.76	31.62	-10.4	163.38
Change in Working Capital	77.82	-75.35	-94.44	-126.66	54.86

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