MOBI Development Cash Flow Statement

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

Millions CNY. 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	-93.94	-120.53	-59.2	-229.76	-329.7
Depreciation & Amortization	25.79	20.7	21.05	38.54	38.92
Other Amortization	2.45	3.48	7.5	17.81	20.67
Loss (Gain) From Sale of Assets	2.37	10.87	-6.41	8.85	-0.02
Asset Writedown & Restructuring Costs	9.99	9.65	7.65	45.16	60.92
Loss (Gain) on Equity Investments	-0.89	-0.02	0.04	-0.55	0.48
Provision & Write-off of Bad Debts	2.53	-4.78	8.43	12.48	4.18
Other Operating Activities	18.15	35.29	16.96	78.97	102.67
Change in Accounts Receivable	85.45	56.3	62.64	44.31	63.59
Change in Inventory	8.65	21.63	9.43	27.79	-12.31
Change in Accounts Payable	-123.63	-89.24	-54.03	24.59	-23.13
Change in Unearned Revenue	1.49	1.49	3	-7.25	6.08
Change in Other Net Operating Assets	-	-	-	0.03	-2.84
Operating Cash Flow	-61.59	-55.16	17.05	60.96	-70.5
Operating Cash Flow Growth	-	-	-72.02%	-	-
Capital Expenditures	-14.27	-23.25	-19.75	-26.84	-40.41
Sale of Property, Plant & Equipment	2.53	8.18	19.18	6.76	9.44
Sale (Purchase) of Intangibles	-10.25	-8.64	-7.86	-6.48	-19.69
Other Investing Activities	17.34	59.43	-37.05	-7.94	45.78
Investing Cash Flow	-4.65	35.72	-45.49	-34.5	-4.89
Long-Term Debt Issued	150.7	186.92	112.17	59.5	72.28
Long-Term Debt Repaid	-124.31	-172.63	-59.74	-163.92	-106.35
Net Debt Issued (Repaid)	26.4	14.3	52.43	-104.42	-34.07
Repurchase of Common Stock	-0.51	-0.66	-1.25	-0.89	-0.7
Other Financing Activities	-3.79	-4.59	-3.28	-4.87	-6.91
Financing Cash Flow	22.1	9.05	47.91	-110.17	-41.68
Foreign Exchange Rate Adjustments	0.25	4.38	4.93	7.45	-4.32
Net Cash Flow	-43.89	-6.02	24.4	-76.27	-121.38
Free Cash Flow	-75.86	-78.41	-2.7	34.11	-110.91
Free Cash Flow Margin	-19.23%	-15.22%	-0.42%	4.97%	-16.77%
Free Cash Flow Per Share	-0.10	-0.10	-0.00	0.04	-0.14
Cash Interest Paid	3.79	4.59	3.28	4.87	6.91
Cash Income Tax Paid	-	0.22	0.02	0.01	0.01
Levered Free Cash Flow	-64.87	-22.91	-57.3	107.92	-23.97
Unlevered Free Cash Flow	-62.5	-20.04	-55.25	111.02	-19.17
Change in Working Capital	-28.04	-9.82	21.03	89.47	31.39

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