Kidztech Holdings 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	-61.06	-97.99	-76.66	26.09
Depreciation & Amortization	11.54	15.06	22.39	30.66
Other Amortization	-	-	0.03	0.04
Loss (Gain) From Sale of Assets	4.66	9.57	1.43	-0.04
Asset Writedown & Restructuring Costs	-	-	2.29	1.9
Stock-Based Compensation	-	-	29.4	-
Provision & Write-off of Bad Debts	31.4	40.74	24.02	5.37
Other Operating Activities	13.57	34.1	11.3	5.31
Change in Accounts Receivable	-73.79	40.76	-226.66	-42.38
Change in Inventory	3.54	-22.26	5.79	27.06
Change in Accounts Payable	18.18	-18.8	1.85	73.78
Change in Unearned Revenue	0.2	0.07	-1.08	0.94
Change in Other Net Operating Assets	48.16	39.82	-83.33	37.68
Operating Cash Flow	-3.6	41.06	-289.21	166.41
Capital Expenditures	-30.91	-0.06	-	-10.01
Sale of Property, Plant & Equipment	18.22	-	0.4	0.16
Other Investing Activities	0	-	22.34	7.76
Investing Cash Flow	-12.69	-0.06	22.74	-2.08
Short-Term Debt Issued	-	-	22.33	115.04
Long-Term Debt Issued	4.62	-	-	-
Total Debt Issued	4.62	-	22.33	115.04
Short-Term Debt Repaid	-26.51	-10.73	-21.7	-103.9
Long-Term Debt Repaid	-0.58	-2.05	-8.09	-6.82
Total Debt Repaid	-27.09	-12.78	-29.79	-110.72
Net Debt Issued (Repaid)	-22.47	-12.78	-7.46	4.32
Issuance of Common Stock	18.79	33.17	-	-
Repurchase of Common Stock	-15.09	-13.28	-	-
Common Dividends Paid	-	-	-	-5.22
Dividends Paid	-	-	-	-5.22
Other Financing Activities	-3.14	-5.43	-6.43	-9.46
Financing Cash Flow	-21.91	1.67	-13.89	-10.37
Foreign Exchange Rate Adjustments	0	0	0.08	0.13
Net Cash Flow	-38.19	42.68	-280.29	154.09
Free Cash Flow	-34.51	41	-289.21	156.41
Free Cash Flow Margin	-15.77%	31.20%	-170.70%	55.10%
Free Cash Flow Per Share	-0.06	0.07	-0.56	0.30
Cash Interest Paid	3.14	5.1	6.43	9.46
Cash Income Tax Paid	-	-	0.11	2.84
Levered Free Cash Flow	-28.86	51.5	-277.87	140.96
Unlevered Free Cash Flow	-23.56	60.58	-271.77	146.85
Change in Working Capital	-3.71	39.59	-303.41	97.08

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