Marketingforce Management Cash Flow Statement

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

Millions CNY. 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	-876.67	-169.48	-216.46	-272.59
Depreciation & Amortization	69.93	97.01	90.91	62.39
Other Amortization	2.1	1.8	1.76	2.67
Loss (Gain) From Sale of Assets	6.08	-0.39	-0.08	0.12
Loss (Gain) From Sale of Investments	840.21	138.96	67.57	137.43
Stock-Based Compensation	155.08	8.38	8.38	7.95
Other Operating Activities	33.76	37.78	28.23	23.37
Change in Accounts Receivable	-45.65	-0.9	-75.44	-56.16
Change in Accounts Payable	24.14	7.28	28.1	-12.4
Change in Unearned Revenue	-149.22	92.56	68.48	233.83
Change in Other Net Operating Assets	76.75	-334.97	65.45	-596.4
Operating Cash Flow	138.06	-121.5	64.81	-469.8
Capital Expenditures	-9.57	-15.68	-39.05	-69.43
Sale of Property, Plant & Equipment	1	0.51	0.17	-
Sale (Purchase) of Intangibles	-0.56	-0.94	-0.69	-0.59
Investment in Securities	-133.39	-50	-	-
Investing Cash Flow	-142.52	-66.1	-39.58	-70.02
Short-Term Debt Issued	-	-	35.5	8
Long-Term Debt Issued	1,868	1,019	516.85	601.82
Total Debt Issued	1,868	1,019	552.35	609.82
Short-Term Debt Repaid	-	-	-35.5	-8
Long-Term Debt Repaid	-1,507	-873.22	-541.92	-307.89
Total Debt Repaid	-1,507	-873.22	-577.42	-315.89
Net Debt Issued (Repaid)	360.98	145.78	-25.07	293.92
Issuance of Common Stock	227.56	-	-	-
Other Financing Activities	-34.49	-23.86	-15.01	-10.87
Financing Cash Flow	655.44	121.92	-40.08	679.23
Foreign Exchange Rate Adjustments	1.92	0.2	2.7	-0.57
Net Cash Flow	652.89	-65.48	-12.15	138.84
Free Cash Flow	128.49	-137.18	25.76	-539.23
Free Cash Flow Margin	8.24%	-11.13%	2.25%	-61.47%
Free Cash Flow Per Share	0.60	-0.82	0.15	-3.59
Cash Interest Paid	33.8	23.31	15.01	10.87
Cash Income Tax Paid	-0.03	-	-1.24	12.02
Levered Free Cash Flow	99.31	-175.23	159.02	-
Unlevered Free Cash Flow	123.87	-153.2	176.51	-
Change in Net Working Capital	48.39	202.72	-224.59	-

Updated Sep 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.