Qutoutiao Inc. (QTTOY)

Qutoutiao Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-167.53	-185.31	-914.77	-1,240	-1,104
Depreciation & Amortization	14.09	22.81	104.95	65.21	25.17
Loss (Gain) From Sale of Assets	0	0.08	4.1	-23.3	0.17
Asset Writedown & Restructuring Costs	7.27	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	50.49	45.05	37.74
Loss (Gain) on Equity Investments	-	-	1.42	3.2	-
Stock-Based Compensation	6.85	37.31	70.11	200.19	463.21
Provision & Write-off of Bad Debts	25.91	-19.59	-0.47	249.14	79.81
Other Operating Activities	191.55	167.77	452.84	74.22	83.62
Change in Accounts Receivable	-146.72	22.83	653.98	-282.27	-297.66
Change in Accounts Payable	-14.02	25.18	81.23	-135.21	120.58
Change in Unearned Revenue	18.95	7.9	-73.89	-18.18	-105.85
Change in Income Taxes	6.15	-0.03	-3.41	-53.27	-20.96
Change in Other Net Operating Assets	61.33	-144.66	-870.36	835.72	-145.15
Operating Cash Flow	3.83	-65.7	-443.8	-279.12	-863.77
Operating Cash Flow Growth	-	-	-	-	-

Investing Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Capital Expenditures	-0.15	-0.05	-0.01	-7.61	-6.2
Sale of Property, Plant & Equipment	-	0.14	1.43	1.05	0.79
Sale (Purchase) of Intangibles	-	-	-	-0.11	-7.59
Investment in Securities	-	26.4	266.13	82.19	795.54
Investing Cash Flow	-0.15	26.48	267.56	75.52	782.55

Financing Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Short-Term Debt Issued	-	-	-	20	83.36
Total Debt Issued	-	-	-	20	83.36
Short-Term Debt Repaid	-	-	-20	-82.96	-
Total Debt Repaid	-	-	-20	-82.96	-
Net Debt Issued (Repaid)	-	-	-20	-62.96	83.36
Other Financing Activities	-	-	-	-3.14	224.39
Financing Cash Flow	-	-	-20	-66.09	307.75

Net Cash Flow

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Foreign Exchange Rate Adjustments	1.11	0.52	10.81	-9.26	-7.42
Net Cash Flow	4.79	-38.7	-185.43	-278.96	219.1

Free Cash Flow

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Free Cash Flow	3.68	-65.75	-443.8	-286.73	-869.97
Free Cash Flow Growth	-	-	-	-	-
Free Cash Flow Margin	0.36%	-8.82%	-40.98%	-6.61%	-16.46%
Free Cash Flow Per Share	0.12	-2.15	-14.48	-9.46	-29.99
Levered Free Cash Flow	-147.73	-170.53	-432.78	64.04	-768.88
Unlevered Free Cash Flow	-21.43	-54.41	-139.9	86.21	-745.04

Additional Metrics

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash Interest Paid	8.9	17.62	30.25	0.04	0.36
Cash Income Tax Paid	1.52	4.48	1.48	4.08	3.27
Change in Working Capital	-74.31	-88.78	-212.46	346.79	-449.05

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2021

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

Data Sources Report a data error