Azeus Systems Holdings Ltd. (SGX:BBW)

Azeus Systems Holdings Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	166.41	166.95	84.99	50.54	48.45	23.66
Depreciation & Amortization	8.34	7.32	8.21	5.11	5.79	5.59
Other Amortization	-	-	-	0.65	2.21	3.48
Asset Writedown & Restructuring Costs	0.06	0.06	-	-	-	-
Other Operating Activities	15.68	14.97	5.98	-0.95	2.52	4.52
Change in Accounts Receivable	-12.48	-31.22	-12.63	-30.76	-4.69	17.39
Change in Inventory	1.66	1.03	2.49	-3.65	-	-
Change in Accounts Payable	19.76	24.22	-0.94	-3.28	1.85	-3.23
Change in Unearned Revenue	7.04	15.78	17.12	19.1	4.46	27.59
Change in Other Net Operating Assets	-1.13	-1.2	-2.92	-1.07	-2.54	-1.42
Operating Cash Flow	205.36	197.91	102.31	35.69	58.05	77.58
Operating Cash Flow Growth	109.06%	93.45%	186.64%	-38.52%	-25.18%	38.57%
Capital Expenditures	-6.6	-3.53	-5.83	-1.12	-0.63	-0.4
Sale of Property, Plant & Equipment	-	-	-	-	0.02	-
Other Investing Activities	3.64	3.32	1.61	0.22	0.02	0.02
Investing Cash Flow	-2.97	-0.2	-4.22	-0.9	-0.59	-0.38
Long-Term Debt Repaid	-	-5.23	-5.03	-4.81	-5.22	-4.92
Net Debt Issued (Repaid)	-5.84	-5.23	-5.03	-4.81	-5.22	-4.92
Common Dividends Paid	-105	-105	-59.4	-66.6	-11.7	-6.3
Other Financing Activities	0.22	-0.36	7.9	-47.09	-0.99	-0.65
Financing Cash Flow	-110.62	-110.59	-56.53	-118.5	-17.91	-11.88
Foreign Exchange Rate Adjustments	-0.36	0.46	-2.18	-11.68	2.84	-9.08
Net Cash Flow	91.41	87.57	39.38	-95.39	42.39	56.25
Free Cash Flow	198.75	194.38	96.48	34.57	57.42	77.19
Free Cash Flow Growth	104.82%	101.48%	179.06%	-39.79%	-25.61%	39.75%
Free Cash Flow Margin	40.48%	40.94%	29.33%	13.67%	26.38%	43.35%
Free Cash Flow Per Share	6.63	6.48	3.22	1.15	1.91	2.57
Cash Interest Paid	1.07	1.01	0.89	0.21	0.37	0.65
Cash Income Tax Paid	12.67	12.27	3.7	6.13	0.4	3.72
Levered Free Cash Flow	152.28	146.03	75.42	-33.49	48.95	56.46
Unlevered Free Cash Flow	152.95	146.66	75.98	-33.36	49.18	56.86
Change in Working Capital	14.85	8.6	3.12	-19.66	-0.92	40.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.