NGX:MULTIVERSE Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	569.38	378.47	265.99	189.76	14.03
Depreciation & Amortization	72.28	85.73	84.56	52.5	50.92
Other Operating Activities	3.87	-139.47	263.94	514.02	-24.68
Change in Accounts Receivable	-	-131	-52.67	3.23	-10
Change in Accounts Payable	-	149.14	-103.53	-55.02	31.45
Operating Cash Flow	645.53	342.87	458.29	704.49	61.71
Operating Cash Flow Growth	88.28%	-25.19%	-34.95%	1041.60%	201.37%
Capital Expenditures	-3	-11	-5.3	-56.87	-5.48
Investing Cash Flow	-3	-11	-5.3	-56.87	-5.48
Long-Term Debt Repaid	-902.13	-282.13	-172.13	-	-
Net Debt Issued (Repaid)	-902.13	-282.13	-172.13	-	-
Common Dividends Paid	-31.31	-10	-21.31	-	-
Other Financing Activities	281.32	-	-257.62	-660.27	-45.59
Financing Cash Flow	-652.11	-292.13	-451.06	-660.27	-45.59
Miscellaneous Cash Flow Adjustments	-	-	-0	0	0
Net Cash Flow	-9.58	39.74	1.93	-12.64	10.65
Free Cash Flow	642.53	331.87	452.99	647.62	56.23
Free Cash Flow Growth	93.61%	-26.74%	-30.05%	1051.66%	477.23%
Free Cash Flow Margin	65.19%	34.99%	68.81%	107.52%	19.44%
Free Cash Flow Per Share	1.53	0.78	1.06	1.52	0.13
Cash Income Tax Paid	4.74	6.3	-	13.33	9.09
Levered Free Cash Flow	699.4	274.66	115.61	75.23	59.59
Unlevered Free Cash Flow	699.4	325.96	174.5	143.78	134.61
Change in Working Capital	-	18.14	-156.2	-51.79	21.44

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.