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	547.11	378.47	265.99	189.76	14.03
Depreciation & Amortization	72.28	85.73	84.56	52.5	50.92
Other Operating Activities	49.15	-139.47	263.94	514.02	-24.68
Change in Accounts Receivable	278.03	-131	-52.67	3.23	-10
Change in Accounts Payable	0.96	149.14	-103.53	-55.02	31.45
Operating Cash Flow	947.53	342.87	458.29	704.49	61.71
Operating Cash Flow Growth	176.35%	-25.19%	-34.95%	1041.60%	201.37%
Capital Expenditures	-279.67	-11	-5.3	-56.87	-5.48
Sale of Property, Plant & Equipment	25	-	-	-	-
Investing Cash Flow	-254.67	-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	231.07	-	-257.62	-660.27	-45.59
Financing Cash Flow	-702.37	-292.13	-451.06	-660.27	-45.59
Miscellaneous Cash Flow Adjustments	-	-	-0	0	0
Net Cash Flow	-9.51	39.74	1.93	-12.64	10.65
Free Cash Flow	667.86	331.87	452.99	647.62	56.23
Free Cash Flow Growth	101.24%	-26.74%	-30.05%	1051.66%	477.23%
Free Cash Flow Margin	67.76%	34.99%	68.81%	107.52%	19.44%
Free Cash Flow Per Share	1.57	0.78	1.06	1.52	0.13
Cash Income Tax Paid	4.74	6.3	-	13.33	9.09
Levered Free Cash Flow	470.53	279.18	115.61	75.23	59.59
Unlevered Free Cash Flow	470.53	330.49	174.5	143.78	134.61
Change in Working Capital	278.99	18.14	-156.2	-51.79	21.44

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