HKG:8391 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	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	-144.23	-124.19	-160.31	-61.36
Depreciation & Amortization	13.1	14.98	6.64	16.95
Other Amortization	2.94	1.93	1.04	0.07
Loss (Gain) From Sale of Assets	-0	-28.6	-	0.02
Asset Writedown & Restructuring Costs	-	-	7.97	0.4
Loss (Gain) on Equity Investments	0.07	-	-	-
Stock-Based Compensation	-	77.61	77.47	8.05
Provision & Write-off of Bad Debts	0.09	2.87	1.75	0.24
Other Operating Activities	83.66	4.49	-2.28	2.45
Change in Accounts Receivable	-18.85	-51.07	-5.25	-9.84
Change in Inventory	-0.06	-0	-0.23	-3.83
Change in Accounts Payable	22.43	6.59	26.06	-18.13
Change in Unearned Revenue	2.55	0.21	0.13	0.33
Operating Cash Flow	-38.3	-95.19	-32.62	-64.67
Capital Expenditures	-38.21	-29.06	-25.79	-2.34
Divestitures	-0	-1.67	-0.34	-
Sale (Purchase) of Intangibles	-7.42	-8	-6.61	-7.67
Investment in Securities	-75.6	-	-	-
Other Investing Activities	-	-0.62	-0.02	-3.84
Investing Cash Flow	-121.23	-39.35	-32.76	-13.85
Short-Term Debt Issued	-	3.13	5.03	28.1
Long-Term Debt Issued	146.01	62.52	25.35	-
Total Debt Issued	146.01	65.64	30.37	28.1
Short-Term Debt Repaid	-0.53	-	-0	-0.2
Long-Term Debt Repaid	-2.72	-14.62	-11.72	-16.91
Total Debt Repaid	-3.24	-14.62	-11.72	-17.11
Net Debt Issued (Repaid)	142.77	51.02	18.65	10.99
Issuance of Common Stock	56.08	99.7	46.07	52.66
Other Financing Activities	-10.45	-3.33	-5.44	-1.72
Financing Cash Flow	188.4	147.39	59.28	61.93
Net Cash Flow	28.87	12.86	-6.1	-16.58
Free Cash Flow	-76.51	-124.25	-58.41	-67
Free Cash Flow Margin	-49.96%	-159.02%	-183.52%	-121.75%
Free Cash Flow Per Share	-0.08	-0.15	-0.09	-0.11
Cash Interest Paid	10.4	3.26	4.22	1.22
Cash Income Tax Paid	-	-	-	-0.89
Levered Free Cash Flow	-51.34	-70.72	-7.73	-55.8
Unlevered Free Cash Flow	-42.48	-69.2	-7.36	-55.04
Change in Working Capital	6.07	-44.27	20.7	-31.47

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.