Futu Holdings Cash Flow Statement

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

Millions HKD. 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	11,338	5,443	4,281	2,927	2,810
Depreciation & Amortization, Total	222.99	175.51	171.21	149.65	120.13
Gain (Loss) On Sale of Investments	-329.6	-18.42	-127.27	-24.79	-0.03
Stock-Based Compensation	343.02	334.93	290.83	204.53	98.91
Change in Accounts Receivable	-3,785	-11,308	-232.18	834.53	-2,565
Change in Accounts Payable	45,101	52,146	-4,642	1,956	16,200
Change in Other Net Operating Assets	-12,088	-16,073	-6,028	-2,763	-10,495
Other Operating Activities	-349.67	122.4	-83.33	80.96	-159.67
Operating Cash Flow	40,788	30,996	-6,337	3,475	6,012
Capital Expenditures	-54.73	-167.52	-77.76	-90.52	-70.46
Cash Acquisitions	476.66	-1.66	-17.54	-109.53	-
Investment in Securities	-2,205	273.11	-2,349	293.91	-893.11
Investing Cash Flow	-1,783	103.93	-2,444	93.86	-963.57
Short-Term Debt Issued	197,365	85,514	79,581	70,806	53,483
Total Debt Issued	197,365	85,514	79,581	70,806	53,483
Short-Term Debt Repaid	-190,925	-85,463	-76,410	-74,686	-52,614
Total Debt Repaid	-190,925	-85,463	-76,410	-74,686	-52,614
Net Debt Issued (Repaid)	6,440	50.69	3,171	-3,880	869.82
Issuance of Common Stock	7.9	20.16	11.62	16.33	10,880
Repurchase of Common Stock	-	-	-874.69	-3,146	-1,179
Common Dividends Paid	-2,151	-	-	-	-
Other Financing Activities	-	-	-	-	-16.86
Financing Cash Flow	4,297	70.85	2,308	-7,010	10,554
Foreign Exchange Rate Adjustments	235.92	-149.87	66.35	-135.2	167.13
Net Cash Flow	43,537	31,021	-6,408	-3,576	15,770
Free Cash Flow	40,733	30,829	-6,415	3,384	5,942
Free Cash Flow Growth	32.13%	-	-	-43.04%	-70.89%
Free Cash Flow Margin	193.15%	257.49%	-70.51%	46.23%	88.17%
Free Cash Flow Per Share	288.16	220.11	-45.84	23.52	38.97
Cash Interest Paid	1,793	1,575	876.51	298	367.04
Cash Income Tax Paid	1,646	761.91	698.82	694.97	102.89

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