MS Concept Cash Flow Statement

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

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	-0.55	-17.2	-18.61	3.97	-4.9	3.81
Depreciation & Amortization	28.86	35.07	37.13	41.11	38.25	36.09
Loss (Gain) From Sale of Assets	0	0	0.01	-	-	-
Asset Writedown & Restructuring Costs	2.91	2.91	10.51	0.02	0.02	0
Other Operating Activities	-3.74	6.35	2.26	5.07	0.12	-4.12
Change in Accounts Receivable	2.16	2.16	-2.01	-0.55	0.5	-0.13
Change in Inventory	0.35	0.35	-0.17	-0.27	0.19	-0.01
Change in Accounts Payable	0.33	0.33	0.69	11.38	-6.33	1.28
Change in Unearned Revenue	0.15	0.15	0.02	0.12	-0.34	0.17
Change in Other Net Operating Assets	2.36	2.36	0.51	2.06	-0.6	-2.79
Operating Cash Flow	32.81	32.46	30.35	62.91	26.91	34.3
Operating Cash Flow Growth	16.47%	6.97%	-51.76%	133.81%	-21.54%	-17.96%
Capital Expenditures	-1.83	-1.83	-6.09	-4.82	-6.57	-2.64
Sale of Property, Plant & Equipment	0.04	0.04	-	-	-	-
Other Investing Activities	-0.47	-1.37	0.03	0.02	0	0.06
Investing Cash Flow	-2.25	-3.16	-6.06	-4.8	-6.56	-2.59
Short-Term Debt Repaid	-	-	-3.29	-4.04	-3.6	-0.85
Long-Term Debt Repaid	-	-35.64	-33.84	-33.78	-33.93	-32.46
Total Debt Repaid	-35.64	-35.64	-37.13	-37.82	-37.54	-33.31
Net Debt Issued (Repaid)	-35.64	-35.64	-37.13	-37.82	-37.54	-33.31
Other Financing Activities	-3.16	-5.24	-2.93	-4.25	-0.38	-0.48
Financing Cash Flow	-38.8	-40.88	-40.06	-42.07	-37.92	-33.79
Net Cash Flow	-8.24	-11.57	-15.78	16.05	-17.57	-2.08
Free Cash Flow	30.98	30.64	24.26	58.1	20.34	31.65
Free Cash Flow Growth	40.34%	26.31%	-58.25%	185.61%	-35.74%	-17.63%
Free Cash Flow Margin	12.21%	12.09%	10.75%	23.20%	10.03%	18.34%
Free Cash Flow Per Share	0.03	0.03	0.02	0.06	0.02	0.03
Cash Interest Paid	5.24	5.24	2.93	4.25	0.38	0.48
Cash Income Tax Paid	0.07	0.07	0.46	-	-1.29	0.13
Levered Free Cash Flow	20.86	26.59	22.85	47.13	23.63	16.81
Unlevered Free Cash Flow	23.63	29.86	24.66	49.79	25.49	18.75
Change in Working Capital	5.33	5.33	-0.96	12.75	-6.58	-1.48

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