BTC Digital Ltd. (BTCT)

BTC Digital Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	-2.82	7.69	-384.3	-410.99	-219.4
Depreciation & Amortization	3.15	5.52	110.35	181.42	193.28
Share-Based Compensation	0.14	0.85	23.33	52.26	96.66
Other Operating Activities	3.34	-45.1	-208.69	-165.91	-92.11
Operating Cash Flow	3.81	-31.05	-459.3	-343.22	-21.57
Capital Expenditures	-1.94	1.73	-72.61	-2.9	-86.46
Acquisitions	0	-4.33	0	0	-0.2
Change in Investments	0	0.44	44.87	12.44	0
Other Investing Activities	-2.68	-0.19	-44.2	-10.22	-2.5
Investing Cash Flow	-4.62	-2.36	-71.94	-0.68	-89.16
Share Issuance / Repurchase	1.55	6.46	744.35	216.17	0.22
Debt Issued / Paid	-0.75	1.29	-136.33	91.24	92
Other Financing Activities	-	-	-	-14.77	-19.22
Financing Cash Flow	0.81	7.75	608.02	292.64	73
Net Cash Flow	-0.01	-25.65	76.77	-51.26	-37.74
Free Cash Flow	1.87	-29.32	-531.92	-346.12	-108.04
Free Cash Flow Margin	20.62%	-247.79%	-	-	-7.46%
Free Cash Flow Per Share	1.25	-42.94	-23406.86	-111929.96	-1339.51

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).