Max's Group, Inc. (PSE:MAXS)
Philippines · Delayed Price · Currency is PHP 2.320
+0.070 (3.11%)
At close: Aug 28, 2026
Max's Group Cash Flow Statement
Financials in millions PHP. Fiscal year is January - December.
Millions PHP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 347.74 | 364.52 | 418.51 | 485.82 | 618.12 | 450.11 |
Depreciation & Amortization | 742.08 | 804.07 | 940.76 | 1,043 | 995.82 | 1,003 |
Other Amortization | 38.78 | 28 | 24.54 | 0.75 | 3.57 | 2.56 |
Loss (Gain) From Sale of Assets | 16.91 | 8.9 | 17.55 | -48.61 | 30.28 | -439.15 |
Provision & Write-off of Bad Debts | -29.31 | -29.31 | -10.98 | - | 0.28 | - |
Other Operating Activities | 60.17 | 85.48 | 9.62 | 96.36 | 96.45 | -260.39 |
Change in Accounts Receivable | -66.76 | 230.39 | -360.36 | -10.39 | -121.09 | -75.72 |
Change in Inventory | 26.36 | 47.01 | 42.76 | 48.15 | -211.58 | -210.55 |
Change in Accounts Payable | 48.12 | -261.59 | -94.22 | -384.19 | -72.64 | 434.24 |
Change in Unearned Revenue | -6.86 | -6.86 | -2.27 | -28.07 | -7.13 | -12.85 |
Change in Other Net Operating Assets | 3.76 | -65.08 | -19.51 | 6.05 | -46.8 | -18.02 |
Operating Cash Flow | 1,181 | 1,206 | 966.41 | 1,209 | 1,285 | 873.19 |
Operating Cash Flow Growth | 15.53% | 24.74% | -20.08% | -5.91% | 47.19% | 78.59% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | -507.62 | -529.28 | -536.7 | -488.81 | -210.81 | -379.74 |
Sale of Property, Plant & Equipment | - | - | 1.96 | 234.29 | 227.7 | 170.57 |
Sale (Purchase) of Intangibles | -36.12 | -32.7 | -49.12 | -25.87 | -11.19 | -33.27 |
Other Investing Activities | -18.58 | -36.43 | 145.38 | -19.84 | -85.07 | 0.25 |
Investing Cash Flow | -562.33 | -598.41 | -438.48 | -300.24 | -79.37 | -242.19 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Short-Term Debt Issued | - | - | 450 | - | - | - |
Long-Term Debt Issued | - | 175 | - | 376.03 | 1,468 | 1,231 |
Total Debt Issued | 175 | 175 | 450 | 376.03 | 1,468 | 1,231 |
Short-Term Debt Repaid | - | - | - | - | -830.36 | - |
Long-Term Debt Repaid | - | -726.69 | -1,241 | -1,283 | -1,224 | -1,664 |
Total Debt Repaid | -685.45 | -726.69 | -1,241 | -1,283 | -2,054 | -1,664 |
Net Debt Issued (Repaid) | -510.45 | -551.69 | -790.74 | -907.41 | -586.73 | -432.79 |
Repurchase of Common Stock | - | - | - | -3.85 | - | - |
Common Dividends Paid | -126 | -145.95 | -175 | -200 | - | - |
Financing Cash Flow | -636.45 | -697.64 | -965.74 | -1,111 | -586.73 | -432.79 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 Cash Flow | -17.8 | -90.53 | -437.8 | -202.22 | 619.18 | 198.21 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 673.36 | 676.24 | 429.72 | 720.47 | 1,074 | 493.45 |
Free Cash Flow Growth | 28.79% | 57.37% | -40.36% | -32.95% | 117.75% | - |
Free Cash Flow Margin | 5.56% | 5.65% | 3.53% | 6.02% | 9.78% | 6.46% |
Free Cash Flow Per Share | 0.86 | 0.87 | 0.55 | 0.93 | 1.38 | 0.63 |
Levered Free Cash Flow | 597.17 | 504.96 | 280.22 | 621.79 | 982.07 | -47.9 |
Unlevered Free Cash Flow | 797.32 | 695.37 | 460.78 | 819.99 | 1,159 | 121.39 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 | 276.33 | 267.82 | 233.2 | 244.88 | 196.15 | 168.92 |
Cash Income Tax Paid | 109.47 | 76.13 | 243.35 | 246.85 | 178.17 | 115.3 |
Change in Working Capital | 4.61 | -56.14 | -433.59 | -368.44 | -459.24 | 117.11 |