Morgan Advanced Materials plc (LON:MGAM)
London · Delayed Price · Currency is GBP · Price in GBX 250.00
-1.50 (-0.60%)
Aug 14, 2026, 4:35 PM GMT
Morgan Advanced Materials Cash Flow Statement
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 18.4 | 21.1 | 50.3 | 47.3 | 88 | 73.8 |
Depreciation & Amortization | 41.9 | 42.4 | 43.2 | 40 | 38.9 | 39.1 |
Other Amortization | 0.7 | 0.6 | 1.2 | 2.8 | 3.9 | 4.9 |
Loss (Gain) From Sale of Assets | -28.5 | -28 | -3 | -1.6 | -0.7 | -6.8 |
Asset Writedown & Restructuring Costs | 15.6 | 15.6 | 4.2 | - | 6.5 | 12.4 |
Loss (Gain) From Sale of Investments | 6.4 | 7.3 | -1.9 | -0.9 | - | - |
Loss (Gain) on Equity Investments | - | - | - | - | - | -0.4 |
Stock-Based Compensation | 1.9 | 2 | 2.8 | 2.9 | 5.1 | 4.5 |
Other Operating Activities | -11.7 | -14.7 | 0.7 | -6.1 | 11.7 | 3.9 |
Change in Accounts Receivable | 25.1 | 34.2 | -0.5 | -4 | -26.5 | -17.2 |
Change in Inventory | -10.2 | 6 | 6.7 | -12.3 | -25.2 | -20.1 |
Change in Accounts Payable | 7.4 | 10.2 | 8.4 | 13.3 | 7 | 28.3 |
Change in Other Net Operating Assets | 0.7 | -2.6 | -2.1 | -3.6 | -90.8 | -22.7 |
Operating Cash Flow | 92.3 | 117.8 | 113.3 | 78.5 | 19 | 105.4 |
Operating Cash Flow Growth | -21.91% | 3.97% | 44.33% | 313.16% | -81.97% | -4.01% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -39.9 | -67.1 | -96.1 | -60.4 | -58 | -31.6 |
Sale of Property, Plant & Equipment | 1.8 | 1 | 5.4 | 1.8 | 0.6 | 5.5 |
Cash Acquisitions | - | - | - | - | - | -1.9 |
Divestitures | 17.4 | 17.4 | - | - | - | 0.8 |
Investment in Securities | -0.3 | 0.9 | 1.6 | -5.6 | 0.4 | 13.3 |
Other Investing Activities | -5.4 | -4.4 | 3.1 | 4 | 1.6 | 0.8 |
Investing Cash Flow | -26.4 | -52.2 | -86 | -60.2 | -55.4 | -13.1 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 38.8 | 121.3 | 247.2 | 113.3 | 27.3 |
Long-Term Debt Repaid | - | -79.4 | -98.6 | -202.8 | -48 | -108.2 |
Net Debt Issued (Repaid) | 3 | -40.6 | 22.7 | 44.4 | 65.3 | -80.9 |
Issuance of Common Stock | - | - | 0.2 | 0.6 | 0.5 | 0.3 |
Repurchase of Common Stock | -8.9 | -18.8 | -8.2 | -4.7 | -2.9 | -5.9 |
Common Dividends Paid | -33.8 | -34.1 | -34.5 | -34.2 | -31.6 | -19.1 |
Other Financing Activities | -6.7 | -6 | -13.2 | -8.1 | -7.9 | -6.6 |
Financing Cash Flow | -46.4 | -99.5 | -33 | -2 | 23.4 | -112.2 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -5.8 | -3.4 | -7.3 | -9.5 | 3.4 | -0.6 |
Net Cash Flow | 13.7 | -37.3 | -13 | 6.8 | -9.6 | -20.5 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 52.4 | 50.7 | 17.2 | 18.1 | -39 | 73.8 |
Free Cash Flow Growth | 93.36% | 194.77% | -4.97% | - | - | -7.52% |
Free Cash Flow Margin | 5.18% | 5.09% | 1.62% | 1.62% | -3.51% | 7.76% |
Free Cash Flow Per Share | 0.19 | 0.18 | 0.06 | 0.06 | -0.14 | 0.26 |
Levered Free Cash Flow | 71.75 | 69.31 | 38.4 | 47.68 | 19.24 | 75.93 |
Unlevered Free Cash Flow | 87.25 | 84.75 | 51.53 | 58.93 | 25.11 | 81.18 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 24.6 | 24.4 | 20.5 | 17.9 | 9.4 | 8.4 |
Cash Income Tax Paid | 33.4 | 33.8 | 29.2 | 30.3 | 31.8 | 25.4 |
Change in Working Capital | 23 | 47.8 | 12.5 | -6.6 | -135.5 | -31.7 |