HNX:ARM Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	6,537	5,931	4,772	3,908	2,374	1,931
Depreciation & Amortization	1,526	1,624	2,784	2,796	3,196	2,958
Other Amortization	349.5	279.6	-	-	-	-
Loss (Gain) From Sale of Assets	-27.36	-29.39	-248.24	-23.29	-	-
Other Operating Activities	-12,069	-84.45	8,488	-13,764	15,087	20,513
Change in Accounts Receivable	-104,821	-87,737	35,254	-54,171	13,741	50,029
Change in Inventory	-33,701	8,142	-10,269	-2,435	3,288	5,275
Change in Accounts Payable	114,582	67,757	11,930	14,852	-11,673	-41,324
Change in Other Net Operating Assets	-222.02	-247.22	700.16	521	1,275	298.48
Operating Cash Flow	-27,846	-4,365	53,411	-48,317	27,288	39,681
Operating Cash Flow Growth	-	-	-	-	-31.23%	-
Capital Expenditures	-430	-430	-665	-1,768	-5,545	-1,397
Sale of Property, Plant & Equipment	-	-	224.32	-	-	-
Other Investing Activities	27.36	29.39	-1,726	23.29	19.45	10.33
Investing Cash Flow	667.36	1,349	-2,167	-1,744	-5,526	-1,387
Short-Term Debt Issued	-	30,358	50,472	72,842	23,262	51,020
Total Debt Issued	67,405	30,358	50,472	72,842	23,262	51,020
Short-Term Debt Repaid	-	-41,429	-80,002	-21,237	-42,275	-93,055
Total Debt Repaid	-26,745	-41,429	-80,002	-21,237	-42,275	-93,055
Net Debt Issued (Repaid)	40,660	-11,071	-29,530	51,605	-19,013	-42,035
Common Dividends Paid	-3,228	-3,028	-3,164	-1,928	-2,890	-1,647
Financing Cash Flow	37,432	-14,098	-32,694	49,677	-21,904	-43,682
Foreign Exchange Rate Adjustments	124.86	3.1	5.25	5.08	0.58	-30.82
Net Cash Flow	10,378	-17,111	18,555	-379.05	-141.1	-5,419
Free Cash Flow	-28,276	-4,795	52,746	-50,085	21,743	38,284
Free Cash Flow Growth	-	-	-	-	-43.21%	-
Free Cash Flow Margin	-8.79%	-1.63%	15.99%	-24.52%	12.05%	20.00%
Free Cash Flow Per Share	-9090.30	-1541.30	16953.17	-16097.74	6989.52	12308.73
Cash Interest Paid	2,084	1,596	2,144	890.58	502.93	1,981
Cash Income Tax Paid	1,729	1,600	907.83	1,658	529.39	402.6
Levered Free Cash Flow	-	11,284	36,039	-50,691	11,091	-
Unlevered Free Cash Flow	-	12,281	37,336	-50,100	11,405	-
Change in Working Capital	-24,162	-12,086	37,615	-41,233	6,631	14,279

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.