HashKey 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-1,189	-580.41	-584.71
Depreciation & Amortization	28.17	28.06	25.14
Other Amortization	2.48	1.14	0.45
Loss (Gain) From Sale of Assets	-	-	2.91
Asset Writedown & Restructuring Costs	-	21.07	59.43
Loss (Gain) on Equity Investments	6.89	13.53	12.6
Stock-Based Compensation	566.21	10.43	3.56
Other Operating Activities	-79.37	-66.52	82.73
Change in Accounts Receivable	-21.44	-6.85	22.9
Change in Accounts Payable	-34.88	-5.53	47.36
Change in Other Net Operating Assets	537.61	311.38	184.17
Operating Cash Flow	-183.31	-273.72	-143.47
Capital Expenditures	-5.62	-6.94	-6.98
Sale of Property, Plant & Equipment	0.01	-	-
Sale (Purchase) of Intangibles	-	-9.03	-1.06
Investment in Securities	-25.54	-31.24	-
Other Investing Activities	21.63	6.6	0.8
Investing Cash Flow	-9.51	-40.61	-7.24
Short-Term Debt Issued	-	119.34	-
Long-Term Debt Issued	102.65	217.83	242.31
Total Debt Issued	102.65	337.17	242.31
Short-Term Debt Repaid	-	-106.01	-
Long-Term Debt Repaid	-17.09	-15.58	-9.81
Total Debt Repaid	-17.09	-121.6	-9.81
Net Debt Issued (Repaid)	85.55	215.58	232.5
Other Financing Activities	-2.79	-3.42	-3.89
Financing Cash Flow	153.87	415.35	345.74
Foreign Exchange Rate Adjustments	1.26	1.04	-0.42
Net Cash Flow	-37.69	102.07	194.61
Free Cash Flow	-188.93	-280.66	-150.45
Free Cash Flow Margin	-26.21%	-135.07%	-116.57%
Free Cash Flow Per Share	-0.14	-0.21	-0.14
Cash Interest Paid	2.79	3.42	3.89
Levered Free Cash Flow	358.48	419.87	-
Unlevered Free Cash Flow	464.28	442.54	-
Change in Working Capital	481.3	299	254.42

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