M2M Group Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	14.65	-14.78	-33.61	-19.87	-10.45	Upgrade
Other Operating Activities	12.61	6.47	11.97	9.19	-0.18	Upgrade
Change in Other Net Operating Assets	7.27	-27.11	22.01	7.46	22.75	Upgrade
Operating Cash Flow	34.53	-35.41	0.37	-3.22	12.11	Upgrade
Operating Cash Flow Growth	-	-	-	-	-91.72%	Upgrade
Capital Expenditures	-5.98	-5.68	-3.67	-4.03	-2.42	Upgrade
Investing Cash Flow	-5.98	-5.68	-3.67	-4.03	-2.42	Upgrade
Long-Term Debt Issued	0.49	-	-	-	0.31	Upgrade
Long-Term Debt Repaid	-	-0.01	-0.33	-1.05	-	Upgrade
Net Debt Issued (Repaid)	0.49	-0.01	-0.33	-1.05	0.31	Upgrade
Issuance of Common Stock	12	28	-	-	-	Upgrade
Financing Cash Flow	12.49	27.99	-0.33	-1.05	0.31	Upgrade
Net Cash Flow	41.04	-13.1	-3.63	-8.3	10	Upgrade
Free Cash Flow	28.55	-41.1	-3.3	-7.25	9.7	Upgrade
Free Cash Flow Growth	-	-	-	-	-92.20%	Upgrade
Free Cash Flow Margin	27.82%	-52.30%	-5.33%	-13.45%	14.91%	Upgrade
Free Cash Flow Per Share	44.08	-63.44	-5.09	-11.19	14.96	Upgrade
Cash Interest Paid	2.41	3.49	2.18	0.7	2.5	Upgrade
Cash Income Tax Paid	4.23	1.59	1.44	2.67	4.17	Upgrade
Levered Free Cash Flow	31.47	-15.97	-4.47	-18.35	64.06	Upgrade
Unlevered Free Cash Flow	31.47	-15.79	-4.47	-18.35	64.06	Upgrade
Change in Working Capital	7.27	-27.11	22.01	7.46	22.75	Upgrade

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.