Octopus Digital Cash Flow Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	253.89	373.41	405.06	345.95	219.74	-
Depreciation & Amortization	16.11	5.57	1.53	1.12	0.35	-
Provision & Write-off of Bad Debts	-12.44	-12.44	20.26	3.69	-	-
Other Operating Activities	6.07	-240.5	-209.3	11.18	33.99	-
Change in Accounts Receivable	-141.75	-126.42	-472.11	-490.62	-284.41	-
Change in Accounts Payable	125.93	178.13	-21.42	-2.93	46.99	-
Change in Unearned Revenue	3.5	5.37	-10.87	13.41	4.13	-
Change in Other Net Operating Assets	-62.46	-127.28	-222.11	-12.92	-0.39	-
Operating Cash Flow	188.55	55.84	-508.95	-131.11	20.4	-
Capital Expenditures	-172.48	-171.83	-69.71	-33.14	-23.68	-
Investment in Securities	-5.45	-	300	-300	-	-
Other Investing Activities	120.56	120.48	-300	-	-	-
Investing Cash Flow	-93.78	-51.35	-69.71	-333.14	-23.68	-
Short-Term Debt Issued	-	14.42	-	-	-	-
Total Debt Issued	14.42	14.42	-	-	-	-
Short-Term Debt Repaid	-	-0.73	-	-	-	-
Total Debt Repaid	-0.73	-0.73	-	-	-	-
Net Debt Issued (Repaid)	13.69	13.69	-	-	-	-
Issuance of Common Stock	-	-	-	1,110	-	-
Other Financing Activities	-	-	-	-47.7	-	-
Financing Cash Flow	13.69	13.69	-	1,063	-	-
Net Cash Flow	108.46	18.18	-578.67	598.46	-3.28	-
Free Cash Flow	16.07	-115.99	-578.67	-164.25	-3.28	-
Free Cash Flow Margin	1.41%	-12.61%	-84.23%	-26.27%	-1.18%	-
Free Cash Flow Per Share	0.11	-0.78	-3.91	-1.04	-0.03	-
Cash Income Tax Paid	14.6	18.32	-	51.91	0.03	-
Levered Free Cash Flow	129.11	-6.27	-1,113	-289.15	-60.21	-
Unlevered Free Cash Flow	129.14	-6.27	-1,113	-289.15	-60.21	-
Change in Net Working Capital	-314.37	-72.62	1,208	475.44	195.62	12.25

Source: S&P Capital IQ. Standard template. Financial Sources.