Genesis Scale 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	-47.43	-7.3	-67.91	-40.61
Depreciation & Amortization	6.91	7.34	10.92	15.7
Loss (Gain) From Sale of Assets	-15.79	-13.09	0.21	0.07
Asset Writedown & Restructuring Costs	0.01	0.1	1.54	-
Loss (Gain) on Equity Investments	-0.64	-	-	-
Stock-Based Compensation	0.01	0.35	0.59	0.97
Provision & Write-off of Bad Debts	6.16	6.4	3.45	7.22
Other Operating Activities	-30.45	-1.29	-9.85	-7.35
Change in Accounts Receivable	16.56	-66.16	17.32	80.53
Change in Inventory	-5.65	1.78	-6.99	7.05
Change in Accounts Payable	-23.23	27.77	-46.46	-15.22
Change in Unearned Revenue	0.04	-0.11	-0.18	-6.34
Operating Cash Flow	-93.49	-43.6	-77.91	105.22
Operating Cash Flow Growth	-	-	-	2992.92%
Capital Expenditures	-32.11	-9.08	-14.91	-21.93
Sale of Property, Plant & Equipment	0.02	1.34	0.55	0.04
Cash Acquisitions	-	-	-	-52
Sale (Purchase) of Intangibles	-	-	-	-0.47
Sale (Purchase) of Real Estate	29.4	-30.54	-	-
Investment in Securities	152.74	88.04	-90.25	452.72
Other Investing Activities	12.61	-6.66	0.36	-9.14
Investing Cash Flow	162.66	43.1	-104.25	369.21
Long-Term Debt Issued	-	-	-	4.31
Long-Term Debt Repaid	-21.65	-22.38	-23.79	-330.27
Net Debt Issued (Repaid)	-21.65	-22.38	-23.79	-325.97
Financing Cash Flow	-21.65	-22.38	-23.79	-325.97
Foreign Exchange Rate Adjustments	-2.36	-0.73	-18.54	0.91
Net Cash Flow	45.16	-23.6	-224.49	149.38
Free Cash Flow	-125.6	-52.68	-92.82	83.29
Free Cash Flow Margin	-166.33%	-63.36%	-176.73%	73.08%
Free Cash Flow Per Share	-0.20	-0.09	-0.15	0.14
Cash Interest Paid	7.37	9.22	11.61	12.82
Cash Income Tax Paid	15.59	-	-	-
Levered Free Cash Flow	-74.62	-74.08	-76.59	66.47
Unlevered Free Cash Flow	-74.52	-73.99	-76.54	66.6
Change in Working Capital	-12.28	-36.11	-16.85	129.22

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