GBA Holdings Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-55.78	-98.41	-176.07	-60
Depreciation & Amortization	10.31	8.1	0.1	1
Loss (Gain) From Sale of Assets	0.06	-	-	-4
Asset Writedown & Restructuring Costs	23.33	-	-	2
Loss (Gain) From Sale of Investments	18.1	61.75	58.79	15
Loss (Gain) on Equity Investments	-	1.19	-	-
Stock-Based Compensation	3.25	-	-	-
Provision & Write-off of Bad Debts	0.48	-0.83	1.99	5
Other Operating Activities	-6.68	11.05	66.8	18
Change in Accounts Receivable	0.15	25.21	-25.18	1
Change in Inventory	-17.5	-25.25	20.53	349
Change in Accounts Payable	3.32	5.17	-21.56	-434
Change in Other Net Operating Assets	-3.06	-16.72	10.98	-29
Operating Cash Flow	-23.21	-29.18	-59.14	-136
Capital Expenditures	-0.77	-0.32	-	-
Cash Acquisitions	-	-2.34	-	-
Divestitures	-	-	-	-2
Investment in Securities	-3.2	-2.53	-6.33	-
Other Investing Activities	1.21	0.45	24.3	35
Investing Cash Flow	-4.4	-4.73	17.98	33
Long-Term Debt Issued	9.75	2.66	3.14	-
Total Debt Issued	9.75	2.66	3.14	-
Long-Term Debt Repaid	-6.32	-4.92	-0.79	-1
Net Debt Issued (Repaid)	3.43	-2.26	2.35	-1
Issuance of Common Stock	-	50.61	19.12	-
Other Financing Activities	-0.58	-1.92	-0.04	-
Financing Cash Flow	2.84	46.44	21.43	-1
Foreign Exchange Rate Adjustments	-0.03	-0.37	-0.78	3
Net Cash Flow	-24.8	12.16	-20.51	-101
Free Cash Flow	-23.98	-29.5	-59.14	-136
Free Cash Flow Margin	-42.03%	-37.63%	-106.52%	-29.00%
Free Cash Flow Per Share	-0.12	-0.22	-0.61	-1.48
Cash Interest Paid	1.73	1.5	0.08	-
Cash Income Tax Paid	-4.74	0.29	0.33	-
Levered Free Cash Flow	-82.19	75.42	-52.06	-64.75
Unlevered Free Cash Flow	-81.11	76.36	-52.01	-64.75
Change in Working Capital	-17.09	-11.59	-15.23	-113

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