The Nigerian Exchange Group Plc (NGX:NGXGROUP)
Nigeria · Delayed Price · Currency is NGN 164.20
+3.00 (1.86%)
At close: Nov 6, 2026
NGX:NGXGROUP Cash Flow Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 17,289 | 10,479 | 9,920 | 5,251 | 591.51 | 2,248 |
Depreciation & Amortization | 787.4 | 573.9 | 441.34 | 357.26 | 419.24 | 394.73 |
Other Amortization | 54.16 | 46.44 | 83.35 | 36.96 | 81.44 | 99.36 |
Loss (Gain) From Sale of Assets | 28.04 | -1.96 | -28.27 | -1.81 | -18.67 | -1.25 |
Loss (Gain) From Sale of Investments | 10.58 | 10.58 | -292.12 | 389.07 | -0.07 | 12.65 |
Loss (Gain) on Equity Investments | -6,069 | -3,724 | -5,420 | -4,856 | -2,151 | -2,119 |
Provision & Write-off of Bad Debts | 51.41 | 51.41 | 40.58 | 48.01 | -110.15 | 46.46 |
Other Operating Activities | -2,773 | -4,363 | 133.49 | -938.45 | 62.19 | -1,470 |
Change in Accounts Receivable | -640.18 | 24.65 | 38.21 | 308.52 | 703.78 | -842.74 |
Change in Other Net Operating Assets | 70.45 | -215.68 | 3,795 | -287.39 | 2,579 | -249.91 |
Operating Cash Flow | 8,808 | 2,881 | 8,713 | 307.23 | 2,157 | -1,882 |
Operating Cash Flow Growth | -40.69% | -66.93% | 2735.86% | -85.76% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -1,389 | -1,759 | -1,349 | -264.95 | -193.37 | -361.02 |
Sale of Property, Plant & Equipment | 42.64 | 140.5 | 160.29 | - | 176.77 | - |
Sale (Purchase) of Intangibles | -77.61 | -77.61 | - | - | 10 | -39.3 |
Investment in Securities | -1,419 | 8,108 | -6,127 | -989.17 | -14,807 | -5,390 |
Other Investing Activities | 8,899 | 5,553 | 5,203 | 4,533 | 3,390 | 2,927 |
Investing Cash Flow | 6,056 | 11,965 | -2,112 | 3,279 | -11,424 | -2,864 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | - | - | - | 25,000 | - |
Long-Term Debt Repaid | - | -5,035 | -8,349 | - | -12,013 | - |
Lease Payments | - | - | - | - | -197.49 | - |
Net Debt Issued (Repaid) | -5,035 | -5,035 | -8,349 | - | 12,987 | - |
Common Dividends Paid | -10,435 | -6,614 | -1,487 | -551.16 | - | - |
Other Financing Activities | -230.13 | -1,520 | -2,475 | -2,118 | -1,206 | - |
Financing Cash Flow | -15,701 | -13,169 | -12,310 | -2,669 | 11,781 | - |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 56.66 | 4.74 | 2.83 | 911.26 | -12.49 | 5.73 |
Miscellaneous Cash Flow Adjustments | -0 | - | - | - | - | - |
Net Cash Flow | -780.32 | 1,682 | -5,707 | 1,828 | 2,501 | -4,740 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 7,419 | 1,122 | 7,363 | 42.28 | 1,964 | -2,243 |
Free Cash Flow Growth | -47.14% | -84.76% | 17314.75% | -97.85% | - | - |
Free Cash Flow Margin | 19.67% | 4.35% | 39.34% | 0.46% | 28.68% | -36.33% |
Free Cash Flow Per Share | 2.52 | 0.38 | 2.50 | 0.01 | 0.67 | -0.85 |
Levered Free Cash Flow | 14,776 | 7,107 | 9,084 | -70.4 | 1,555 | -315.53 |
Unlevered Free Cash Flow | 14,810 | 7,584 | 10,531 | 1,392 | 2,868 | -315.53 |
Free Cash Flow After Leases | 7,419 | 1,122 | 7,363 | 42.28 | 1,766 | -2,243 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 230.13 | 1,520 | 2,475 | 2,118 | 1,206 | - |
Cash Income Tax Paid | 4,928 | 3,828 | 589.64 | 122.3 | 255.48 | 17.4 |
Change in Working Capital | -569.73 | -191.03 | 3,834 | 21.12 | 3,282 | -1,093 |