THAC Group (Holdings) Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-5.61	-8.69	-8.31	-15.35	-20.39
Depreciation & Amortization	5.33	4.19	2.62	2.03	4.52
Loss (Gain) From Sale of Assets	-0.62	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	1.27	2.27	4.54
Other Operating Activities	0.58	17.65	0.43	8.44	9.17
Change in Accounts Receivable	-3.83	-	1.09	-	-
Change in Inventory	17.15	-	0.14	0.97	2.65
Change in Accounts Payable	-1.36	-	0.84	-2.15	0.05
Change in Unearned Revenue	-0	-	-	-0.1	0.09
Change in Other Net Operating Assets	3.95	-	-0.23	-0.71	1.39
Operating Cash Flow	15.58	13.15	-2.16	-4.59	2.01
Operating Cash Flow Growth	18.51%	-	-	-	-
Capital Expenditures	-9.46	-6.92	-	-0.8	-0.07
Sale of Property, Plant & Equipment	0.64	0.8	-	-	-
Other Investing Activities	0	0.04	0.01	0.01	-0.19
Investing Cash Flow	-8.82	-6.08	0.01	-0.8	-0.26
Short-Term Debt Issued	-	1.82	6	8	3.5
Total Debt Issued	1.12	1.82	6	8	3.5
Short-Term Debt Repaid	-	-	-3.38	-0.02	-14.27
Long-Term Debt Repaid	-	-5.9	-5.53	-5.57	-6.06
Total Debt Repaid	-4.76	-5.9	-8.91	-5.58	-20.33
Net Debt Issued (Repaid)	-3.64	-4.08	-2.91	2.42	-16.83
Issuance of Common Stock	-	-	-	7.71	-
Other Financing Activities	-0.58	-	-0.31	-0.29	-0.46
Financing Cash Flow	-4.22	-4.08	-3.22	9.84	-17.29
Net Cash Flow	2.54	2.99	-5.37	4.45	-15.54
Free Cash Flow	6.12	6.23	-2.16	-5.39	1.94
Free Cash Flow Growth	-1.81%	-	-	-	-
Free Cash Flow Margin	9.28%	14.37%	-6.03%	-14.14%	4.91%
Free Cash Flow Per Share	0.11	0.11	-0.04	-0.17	0.09
Cash Interest Paid	0.58	-	0.31	0.29	0.46
Levered Free Cash Flow	-	24.09	4.13	3.98	6.82
Unlevered Free Cash Flow	-	24.31	4.33	4.15	7.11
Change in Working Capital	15.91	-	1.84	-1.99	4.18