New Century Logistics (BVI) Limited (NCEW)

NCEW Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023
Net Income	-10.73	0.22	0.45
Depreciation & Amortization	0.07	0.22	0.23
Stock-Based Compensation	6.36	-	-
Other Adjustments	1.29	1.62	0.93
Change in Receivables	1.31	-2.02	-0.63
Changes in Accounts Payable	-1.27	2.63	-0.57
Changes in Accrued Expenses	0.21	-0	-0.01
Changes in Income Taxes Payable	-0.03	0.09	-1.92
Changes in Other Operating Activities	-0.62	-1.31	-0.98
Operating Cash Flow	-3.42	1.43	-2.49
Capital Expenditures	-0.05	-	-
Other Investing Activities	-	0.22	-0.22
Investing Cash Flow	-0.05	0.22	-0.22
Short-Term Debt Issued	2.05	27.97	14.18
Short-Term Debt Repaid	-0.9	-28.69	-13.46
Net Short-Term Debt Issued (Repaid)	1.15	-0.73	0.71
Issuance of Common Stock	4.98	-	-
Net Common Stock Issued (Repurchased)	4.98	-	-
Other Financing Activities	-2.36	-0.56	-0.21
Financing Cash Flow	3.78	-1.28	0.5
Net Cash Flow	0.31	0.37	-2.2
Free Cash Flow	-3.47	1.43	-2.49
FCF Margin	-7.87%	2.75%	-6.89%
Free Cash Flow Per Share	-1.20	0.57	-0.99
Levered Free Cash Flow	-21.94	1.33	-1.62
Unlevered Free Cash Flow	-12.51	1.88	-2.77

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q