Vongroup Cash Flow Statement

Financials in millions HKD. Fiscal year is May - April.

Millions HKD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	11.06	10.52	21.12	13.51	20.04	20.24
Depreciation & Amortization	5.48	3.51	3.51	1.64	2.34	0.77
Other Amortization	7.45	7.45	7.45	4.97	2.9	-
Loss (Gain) From Sale of Assets	-0.33	-0.33	-0.94	-	-0.79	-0.18
Asset Writedown & Restructuring Costs	17.72	17.72	5.72	5	-6.31	2.33
Loss (Gain) From Sale of Investments	5.2	5.2	0.34	0.08	-1.59	8.92
Loss (Gain) on Equity Investments	-0.23	-0.23	-0.27	-0.19	-0.13	-0.21
Other Operating Activities	17.47	7.91	-5.64	8.37	7.41	6.18
Change in Accounts Receivable	-48.22	-48.22	-42.69	3.18	-38.59	-56.44
Change in Inventory	-	-	-	2.3	-2.26	-
Change in Other Net Operating Assets	-6.84	-6.84	-16.81	6.41	12.93	33.89
Operating Cash Flow	9.77	-2.31	-28.21	42.72	-3.75	19.38
Capital Expenditures	-0.01	-0.01	-0.01	-	-0.01	-0.02
Sale of Property, Plant & Equipment	-	-	-	-	11.88	-
Cash Acquisitions	-	-	-	-0.39	-9.71	-
Divestitures	-5.8	-5.8	-0.03	-	-	-
Sale (Purchase) of Intangibles	-8.57	-8.57	-24.75	-	-	-
Other Investing Activities	0.13	0.28	0.34	0.23	0.16	0.25
Investing Cash Flow	-14.25	-14.1	-24.45	-0.16	2.31	0.22
Short-Term Debt Issued	-	-	-	-	35.83	-
Total Debt Issued	-	-	-	-	35.83	-
Short-Term Debt Repaid	-	-2.85	-2.15	-2.48	-13.17	-2.13
Total Debt Repaid	-2.85	-2.85	-2.15	-2.48	-13.17	-2.13
Net Debt Issued (Repaid)	-2.85	-2.85	-2.15	-2.48	22.66	-2.13
Other Financing Activities	-2.28	-2.97	-2.89	-1.38	-0.59	-0.36
Financing Cash Flow	-5.12	-5.82	-5.05	-3.86	22.07	-2.49
Foreign Exchange Rate Adjustments	-0.45	-0.37	0.29	-0.64	-0.63	1.14
Net Cash Flow	-10.06	-22.59	-57.42	38.05	20.02	18.26
Free Cash Flow	9.75	-2.32	-28.22	42.72	-3.76	19.35
Free Cash Flow Margin	4.54%	-1.07%	-13.78%	21.11%	-1.94%	17.38%
Free Cash Flow Per Share	0.04	-0.01	-0.11	0.18	-0.02	0.10
Cash Interest Paid	2.97	2.97	2.89	1.38	0.59	0.36
Cash Income Tax Paid	-	-	0.49	-	-	-
Levered Free Cash Flow	17.19	-32.05	-63.96	49.72	-28.72	9.1
Unlevered Free Cash Flow	18.8	-30.19	-62.15	50.58	-28.35	9.32
Change in Working Capital	-54.05	-54.05	-59.5	9.35	-27.92	-18.68

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.