Victory Securities (Holdings) Company Limited (HKG:8540)

HKG:8540 Cash Flow Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	43.86	-3.14	-24.97	-24.16	15.11	23.18
Depreciation & Amortization, Total	4.15	4.84	5.01	5.25	4.46	3.13
Gain (Loss) On Sale of Investments	-2.31	-2.31	-0.02	4.09	4.92	-5.8
Stock-Based Compensation	0.52	0.52	0.92	2.42	-	0.01
Change in Accounts Receivable	-218.58	-218.58	40.38	117.45	-1.92	-171.62
Change in Accounts Payable	131.2	131.2	9.73	-30.19	-87.69	121.67
Change in Other Net Operating Assets	-7.4	-7.4	-1.12	1.14	-13.23	-3.9
Other Operating Activities	38.74	7.73	1.6	4.32	10.35	7.11
Operating Cash Flow	-9.55	-87.15	42.07	108.17	-61.18	-24.57
Capital Expenditures	-0.84	-0.38	-0.16	-0.99	-0.87	-3.33
Cash Acquisitions	-	-0.02	-0.04	-	-	-
Sale (Purchase) of Intangibles	-	-6.2	-0.22	-0.22	-0.16	-0.16
Investment in Securities	-	-	-0.58	-6.09	-7	1.4
Other Investing Activities	-0.27	0.67	-1.49	0.14	0.4	0.1
Investing Cash Flow	-1.1	-5.93	-2.49	-7.09	-7.63	-1.99
Long-Term Debt Issued	-	407	426.5	677.5	5,551	6,807
Total Debt Issued	656	407	426.5	677.5	5,551	6,807
Long-Term Debt Repaid	-	-350.5	-471.61	-759.07	-5,472	-6,748
Total Debt Repaid	-594.21	-350.5	-471.61	-759.07	-5,472	-6,748
Net Debt Issued (Repaid)	61.79	56.5	-45.11	-81.57	78.94	58.95
Issuance of Common Stock	3.25	18.8	0.74	-	-	0.05
Repurchase of Common Stock	-	-	-	-	-8.19	-10.29
Common Dividends Paid	-0.19	-1.16	-3.71	-4.83	-5.57	-5.8
Other Financing Activities	-2.45	-1.82	-5.67	-4.36	-4.94	-4.76
Financing Cash Flow	62.4	72.32	-53.75	-90.76	60.24	38.15
Foreign Exchange Rate Adjustments	0.26	-0.35	-0.21	-0.85	0.16	0.98
Net Cash Flow	52.01	-21.1	-14.39	9.48	-8.4	12.57
Free Cash Flow	-10.38	-87.52	41.9	107.18	-62.05	-27.9
Free Cash Flow Growth	-	-	-60.90%	-	-	-
Free Cash Flow Margin	-6.35%	-127.07%	86.41%	157.57%	-68.57%	-34.28%
Free Cash Flow Per Share	-0.05	-0.46	0.23	0.58	-0.33	-0.14
Cash Interest Paid	6.72	6.07	6.39	4.87	6.74	5.14
Cash Income Tax Paid	-	-	-	0.77	4.87	0.93

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