Managem S.A. (CBSE:MNG)
Morocco · Delayed Price · Currency is MAD 1,500.00
0.00 (0.00%)
At close: Oct 6, 2026
Managem Cash Flow Statement
Financials in millions MAD. Fiscal year is January - December.
Millions MAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 6,400 | 3,002 | 619.8 | 514.4 | 1,615 | 861.5 |
Depreciation & Amortization | 2,215 | 1,580 | 1,279 | 1,199 | 1,100 | 1,077 |
Other Amortization | 417.5 | 417.5 | 200.9 | 249.61 | 373.8 | 368 |
Loss (Gain) From Sale of Assets | 168 | -86 | 14 | -37.4 | 0.3 | - |
Asset Writedown & Restructuring Costs | 41.4 | 41.4 | -94.1 | -49.12 | 26.5 | -0.9 |
Loss (Gain) on Equity Investments | -114 | -61 | -13 | 95.8 | -156.8 | -67 |
Other Operating Activities | 1,689 | 1,096 | 639.2 | 386 | 571.2 | 459.8 |
Change in Accounts Receivable | -1,316 | -1,316 | -574.3 | -356.8 | 547 | -934.4 |
Change in Inventory | -1,089 | -1,089 | -292.8 | -88.6 | -577.1 | -262.3 |
Change in Other Net Operating Assets | 2,176 | 1,898 | 1,343 | 518.8 | -1,014 | 1,543 |
Operating Cash Flow | 10,588 | 5,483 | 3,122 | 2,432 | 2,485 | 3,045 |
Operating Cash Flow Growth | 470.60% | 75.63% | 28.37% | -2.11% | -18.39% | 72.30% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -4,796 | -5,950 | -7,254 | -2,756 | -2,174 | -2,371 |
Sale of Property, Plant & Equipment | - | - | 1 | 2.6 | 0.1 | 9.6 |
Cash Acquisitions | 3 | 302 | -112 | -571.9 | - | -2.9 |
Investment in Securities | 14 | -34 | 1 | -40.3 | -2.5 | -1.1 |
Other Investing Activities | -848 | -785 | -530 | -434.1 | -232.5 | -312.7 |
Investing Cash Flow | -5,627 | -6,467 | -7,894 | -3,800 | -2,409 | -2,678 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | 3,534 | 2,803 | 2,002 | 1,500 | 2,622 |
Long-Term Debt Repaid | - | -475 | -858 | -2,146 | -1,624 | -447.9 |
Lease Payments | -7 | - | -24 | -34.8 | -6.4 | - |
Net Debt Issued (Repaid) | -167 | 3,059 | 1,945 | -144.4 | -124 | 2,174 |
Issuance of Common Stock | - | - | 2,986 | - | - | 0.1 |
Common Dividends Paid | -653 | -475 | -356 | -299.8 | -199.9 | - |
Other Financing Activities | 340 | 124 | -589 | -38.6 | 541.3 | 896 |
Financing Cash Flow | -480 | 2,708 | 3,986 | -482.8 | 217.4 | 3,070 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | 60 | -6 | 1 | -99.2 | 169.4 | 48.1 |
Miscellaneous Cash Flow Adjustments | -69 | -73 | -16 | 0.2 | - | - |
Net Cash Flow | 4,472 | 1,645 | -801 | -1,949 | 462.7 | 3,484 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 5,792 | -467 | -4,132 | -323.8 | 310.8 | 673.3 |
Free Cash Flow Growth | - | - | - | - | -53.84% | - |
Free Cash Flow Margin | 27.53% | -3.41% | -46.64% | -4.31% | 3.22% | 9.07% |
Free Cash Flow Per Share | 48.82 | -3.94 | -36.53 | -3.24 | 3.11 | 6.74 |
Levered Free Cash Flow | 22.68 | -4,017 | -5,770 | -970.58 | -114.18 | 363.88 |
Unlevered Free Cash Flow | 544.24 | -3,534 | -5,439 | -666.52 | 66.7 | 559.31 |
Free Cash Flow After Leases | 5,785 | -467 | -4,156 | -358.6 | 304.4 | 673.3 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 835 | 773 | 530 | 486.5 | 289.4 | 312.7 |
Cash Income Tax Paid | 839 | 456 | 260 | 82 | 63.6 | 79.7 |
Change in Working Capital | -229 | -507 | 476 | 73.4 | -1,045 | 346.1 |