UPDC Plc (NGX:UPDC)
Nigeria · Delayed Price · Currency is NGN 3.700
-0.050 (-1.33%)
At close: Nov 4, 2026
UPDC Plc 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 | 560.8 | 974.62 | 432.19 | 253.51 | 159.66 | -1,928 |
Depreciation & Amortization | 154.64 | 316.86 | 308.88 | 115.67 | 38.15 | 15.3 |
Other Amortization | 10.48 | 8.67 | 6.63 | 4.79 | 5.59 | 3.62 |
Loss (Gain) From Sale of Assets | - | - | - | - | -657.02 | -6 |
Loss (Gain) on Equity Investments | - | 7.96 | - | 5.51 | 3.28 | 1.47 |
Other Operating Activities | -457.96 | -90.97 | 505.06 | 111.34 | 359.1 | 829.72 |
Change in Accounts Receivable | 1,627 | -5,358 | 528.02 | -145.5 | 716.64 | 1,489 |
Change in Inventory | -253.4 | 5,511 | -5,530 | 2,066 | 818.75 | -1,145 |
Change in Accounts Payable | -5,181 | -2,824 | 11,973 | -432.15 | 1,558 | -1,418 |
Change in Unearned Revenue | - | - | - | - | -98.61 | -10.82 |
Operating Cash Flow | -3,540 | -1,453 | 8,224 | 1,979 | 2,903 | -2,285 |
Operating Cash Flow Growth | - | - | 315.62% | -31.85% | - | - |
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 | -71.31 | -514.22 | -227.11 | -60 | -149.45 | -34.73 |
Sale of Property, Plant & Equipment | 4.43 | - | - | - | 12.08 | 17.53 |
Sale (Purchase) of Intangibles | -12.99 | -27.04 | -10.74 | -11.55 | -33.04 | -13.41 |
Sale (Purchase) of Real Estate | - | - | - | - | - | 1,402 |
Other Investing Activities | 276.79 | 2,392 | 619.24 | 286.42 | 143.64 | 96.08 |
Investing Cash Flow | 196.92 | 1,850 | 381.39 | 214.87 | -26.78 | 1,468 |
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 | - | - | - | - | - | 5,903 |
Long-Term Debt Repaid | - | -1,008 | -1,679 | - | -1,143 | -5,423 |
Net Debt Issued (Repaid) | -503.8 | -1,008 | -1,679 | - | -1,143 | 480.57 |
Common Dividends Paid | -185.6 | -185.6 | - | - | - | - |
Other Financing Activities | -180.87 | -499.2 | -351.97 | -453.48 | -450.45 | -675.52 |
Financing Cash Flow | -870.27 | -1,692 | -2,031 | -453.48 | -1,594 | -194.95 |
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 | -7.21 | -11.38 | 12.48 | 16.38 | 0.49 | -56.84 |
Miscellaneous Cash Flow Adjustments | -0 | -0 | -0 | - | - | - |
Net Cash Flow | -4,220 | -1,307 | 6,587 | 1,757 | 1,283 | -1,069 |
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 | -3,611 | -1,968 | 7,997 | 1,919 | 2,754 | -2,320 |
Free Cash Flow Growth | - | - | 316.78% | -30.33% | - | - |
Free Cash Flow Margin | -26.72% | -15.24% | 67.85% | 35.91% | 46.70% | -281.04% |
Free Cash Flow Per Share | -0.20 | -0.11 | 0.43 | 0.10 | 0.15 | -0.13 |
Levered Free Cash Flow | -8,270 | -1,560 | 7,796 | 1,612 | 10,084 | -2,890 |
Unlevered Free Cash Flow | -8,066 | -1,272 | 8,044 | 1,876 | 10,374 | -2,412 |
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 | 180.87 | 499.2 | 351.97 | 423.19 | 450.45 | 675.52 |
Cash Income Tax Paid | 982.83 | 443.11 | 137.79 | 110.07 | 129.01 | 116.87 |
Change in Working Capital | -3,808 | -2,671 | 6,971 | 1,488 | 2,995 | -1,085 |