MetaLight 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-127.57	-26.14	-20.33	-20.04
Depreciation & Amortization	2.54	2.69	2.86	2.85
Other Amortization	0.1	0.06	0.08	0.04
Loss (Gain) From Sale of Assets	-	-	-	0.12
Loss (Gain) From Sale of Investments	4.5	2.49	-2.1	26.55
Loss (Gain) on Equity Investments	-	-	-	0.3
Stock-Based Compensation	27.44	18.28	0.48	0.4
Other Operating Activities	123.21	44.8	58.31	27.07
Change in Accounts Receivable	-9.58	11.18	-11.03	-4.03
Change in Accounts Payable	-2.01	3.63	-1.19	-6.87
Change in Unearned Revenue	-0.2	-0.51	0.67	-3.35
Change in Other Net Operating Assets	-10.33	-0.07	13.31	-9.64
Operating Cash Flow	8.1	56.42	41.07	13.4
Operating Cash Flow Growth	-85.64%	37.40%	206.37%	-
Capital Expenditures	-	-0.01	-1.02	-1.27
Sale (Purchase) of Intangibles	-	-0.28	-0.1	-0.06
Investment in Securities	-200.88	-19.64	-15.04	14.25
Other Investing Activities	2.21	0.88	0.06	-
Investing Cash Flow	-201.78	-17.38	-19.6	2.44
Short-Term Debt Issued	10	30	79.13	27
Total Debt Issued	10	30	79.13	27
Short-Term Debt Repaid	-30	-40	-70.03	-32.99
Long-Term Debt Repaid	-2.13	-2.18	-2.49	-1.8
Total Debt Repaid	-32.13	-42.18	-72.52	-34.78
Net Debt Issued (Repaid)	-22.13	-12.18	6.62	-7.78
Issuance of Common Stock	221.84	-	0.12	-
Repurchase of Common Stock	-	-11.7	-	-
Other Financing Activities	-23.23	-21.45	-21.22	-1.19
Financing Cash Flow	176.47	-38.81	-14.48	-8.97
Foreign Exchange Rate Adjustments	-0.41	0.57	0.18	0.32
Net Cash Flow	-17.61	0.8	7.16	7.19
Free Cash Flow	8.1	56.42	40.05	12.13
Free Cash Flow Growth	-85.64%	40.88%	230.05%	-
Free Cash Flow Margin	3.93%	27.37%	22.94%	8.96%
Free Cash Flow Per Share	0.07	0.97	1.14	0.35
Cash Interest Paid	0.74	1.4	4.28	1.43
Levered Free Cash Flow	12.16	48.47	12.66	-
Unlevered Free Cash Flow	12.62	49.31	13.84	-
Change in Working Capital	-22.12	14.23	1.76	-23.89

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