Token Cat Limited (TC)
NASDAQ: TC · Real-Time Price · USD
0.8250
-0.0177 (-2.10%)
At close: Nov 6, 2026, 4:00 PM EST
0.8249
-0.0001 (-0.01%)
After-hours: Nov 6, 2026, 7:49 PM EST
Token Cat Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. 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 | -187.94 | 2.27 | -187.99 | -82.97 | -166.49 | -101.95 |
Depreciation & Amortization | 0.55 | - | - | - | 4.24 | 7.41 |
Loss (Gain) From Sale of Assets | -48.99 | -48.99 | - | - | 0.22 | 0.43 |
Asset Writedown & Restructuring Costs | 165.27 | - | - | - | 89.6 | - |
Loss (Gain) From Sale of Investments | - | - | - | - | -0.03 | 0.44 |
Stock-Based Compensation | 40.27 | 24.56 | 28.39 | 9.55 | 10.28 | 9.8 |
Provision & Write-off of Bad Debts | - | - | - | - | 8.14 | 17.8 |
Other Operating Activities | 20.85 | 12.24 | 150.79 | 59.08 | -17.63 | 1.18 |
Change in Accounts Receivable | -5.07 | -6.52 | 9.8 | - | -1.13 | 6.5 |
Change in Accounts Payable | 0.61 | 6.5 | - | - | -15.92 | 7.78 |
Change in Unearned Revenue | 7.27 | - | - | - | -2.36 | - |
Change in Other Net Operating Assets | 17.93 | -166.96 | -6.5 | 18.42 | -18.61 | -41.65 |
Operating Cash Flow | 12.09 | -176.36 | -34.72 | -74.89 | -109.68 | -92.26 |
Operating Cash Flow Growth | - | - | - | - | - | - |
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 | -0.06 | - | - | - | -0.21 | -0.97 |
Divestitures | -4.9 | -4.9 | - | - | - | - |
Investment in Securities | - | - | - | - | - | 48.82 |
Other Investing Activities | - | - | -0.02 | - | - | - |
Investing Cash Flow | -4.97 | -4.9 | -0.02 | - | -0.21 | 47.86 |
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 |
Long-Term Debt Issued | - | - | - | - | 6.17 | 10 |
Total Debt Issued | - | - | - | - | 6.17 | 10 |
Short-Term Debt Repaid | - | - | - | - | -8.45 | -3 |
Total Debt Repaid | - | - | - | - | -8.45 | -3 |
Net Debt Issued (Repaid) | - | - | - | - | -2.29 | 7 |
Issuance of Common Stock | - | 165.04 | 7.11 | - | 93.53 | - |
Repurchase of Common Stock | -0.26 | - | - | - | - | - |
Other Financing Activities | -0.35 | -1.45 | 23.05 | 13.97 | - | - |
Financing Cash Flow | -0.61 | 163.59 | 30.16 | 13.97 | 91.24 | 7 |
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 |
Foreign Exchange Rate Adjustments | 8.34 | 8.32 | -1.07 | 0.07 | -1.81 | -5.05 |
Net Cash Flow | 14.86 | -9.36 | -5.65 | -60.85 | -20.46 | -42.45 |
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 | 12.03 | -176.36 | -34.72 | -74.89 | -109.89 | -93.22 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 47.41% | -2979.12% | - | - | -59.99% | -26.07% |
Free Cash Flow Per Share | 1.45 | -1487.50 | -320.37 | -883.68 | -1650.73 | -1458.55 |
Levered Free Cash Flow | -165.05 | -227.38 | 52.27 | 10.96 | -51.21 | -68.65 |
Unlevered Free Cash Flow | -165.04 | -227.38 | 52.27 | 10.96 | -51.1 | -68.65 |
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 | - | - | - | - | 0.21 | 0.18 |
Change in Working Capital | 20.74 | -166.98 | 3.29 | 18.42 | -38.01 | -27.36 |