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Aradel Holdings Plc (NGX:ARADEL)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
1,300.00
-74.20 (-5.40%)
At close: Aug 20, 2026

Aradel Holdings Cash Flow Statement

Millions NGN. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
763,472754,339257,87152,74714,33929,464
Depreciation & Amortization
356,29980,89880,13216,65213,20019,594
Other Amortization
1,487567.37505.6769.46-18.7
Loss (Gain) From Sale of Assets
0.58-45.58---4.28-7.72
Asset Writedown & Restructuring Costs
67.8167.81----
Loss (Gain) From Sale of Investments
122,251120,6535,0531,013519.96-
Loss (Gain) on Equity Investments
-38,238-109,518-31,617-3,222-5,497-9,776
Provision & Write-off of Bad Debts
941.99941.993,435--28.2
Other Operating Activities
-120,489-546,099-45,90868,56915,930-14,397
Change in Accounts Receivable
-871,035-73,738-18,665-17,938-14,0083,497
Change in Inventory
2,991-27,087-4,220-7,656-1,145-522.78
Change in Accounts Payable
895,22310,81256,02333,3998,9926,655
Change in Unearned Revenue
-94.5-1,9101,0081,772--
Change in Other Net Operating Assets
-69,977-1,814954.99-6,405-378.7386.8
Operating Cash Flow
1,042,901208,067304,572139,00031,94634,642
Operating Cash Flow Growth
272.56%-31.69%119.12%335.10%-7.78%39.68%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-389,528-138,725-129,236-48,768-10,065-18,967
Sale of Property, Plant & Equipment
-0.5845.58--4.287.72
Cash Acquisitions
832,531832,531----
Sale (Purchase) of Intangibles
-224.53-224.53-222.62-93.54--
Investment in Securities
12,444-44,107-12,031-2,875-281.56411.98
Other Investing Activities
41,88031,01020,0526,684753.33,243
Investing Cash Flow
497,102680,530-121,437-45,053-9,589-15,304

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-503,790-19,31237,6784,130
Long-Term Debt Repaid
--116,575-32,439-49,421-6,255-12,066
Net Debt Issued (Repaid)
90,912387,215-32,439-30,10931,423-7,936
Common Dividends Paid
-43,448-139,035-71,690-14,121-4,345-1,521
Other Financing Activities
-178,292-28,589-9,662-5,453-3,362-2,435
Financing Cash Flow
-130,828219,591-113,791-49,68323,716-11,892

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-33,610-15,313159,44983,2231,342255.29
Net Cash Flow
1,375,5651,092,875228,793127,48847,4167,700

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
653,37369,342175,33790,23221,88215,675
Free Cash Flow Growth
330.54%-60.45%94.32%312.36%39.60%452.47%
Free Cash Flow Margin
23.15%9.91%30.17%40.80%33.10%30.40%
Free Cash Flow Per Share
150.3815.9640.3520.775.043.61
Levered Free Cash Flow
3,081,9832,311,275195,79541,76710,8428,435
Unlevered Free Cash Flow
3,271,0962,327,170208,44646,88612,51310,486

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
167,62326,6289,4455,4533,3622,435
Cash Income Tax Paid
437,38346,37327,1776,4872,633415.66
Change in Working Capital
-42,892-93,73835,1013,172-6,5409,717