NGX:MULTIVERSE Cash Flow Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	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	2020 - 2016
Net Income	547.11	378.47	265.99	189.76	14.03	Upgrade
Depreciation & Amortization	72.28	85.73	84.56	52.5	50.92	Upgrade
Other Operating Activities	49.15	-139.47	263.94	514.02	-24.68	Upgrade
Change in Accounts Receivable	278.03	-131	-52.67	3.23	-10	Upgrade
Change in Accounts Payable	0.96	149.14	-103.53	-55.02	31.45	Upgrade
Operating Cash Flow	947.53	342.87	458.29	704.49	61.71	Upgrade
Operating Cash Flow Growth	176.35%	-25.19%	-34.95%	1041.60%	201.37%	Upgrade
Capital Expenditures	-279.67	-11	-5.3	-56.87	-5.48	Upgrade
Sale of Property, Plant & Equipment	25	-	-	-	-	Upgrade
Investing Cash Flow	-254.67	-11	-5.3	-56.87	-5.48	Upgrade
Long-Term Debt Repaid	-902.13	-282.13	-172.13	-	-	Upgrade
Net Debt Issued (Repaid)	-902.13	-282.13	-172.13	-	-	Upgrade
Common Dividends Paid	-31.31	-10	-21.31	-	-	Upgrade
Other Financing Activities	231.07	-	-257.62	-660.27	-45.59	Upgrade
Financing Cash Flow	-702.37	-292.13	-451.06	-660.27	-45.59	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-0	0	0	Upgrade
Net Cash Flow	-9.51	39.74	1.93	-12.64	10.65	Upgrade
Free Cash Flow	667.86	331.87	452.99	647.62	56.23	Upgrade
Free Cash Flow Growth	101.24%	-26.74%	-30.05%	1051.66%	477.23%	Upgrade
Free Cash Flow Margin	67.76%	34.99%	68.81%	107.52%	19.44%	Upgrade
Free Cash Flow Per Share	1.57	0.78	1.06	1.52	0.13	Upgrade
Cash Income Tax Paid	4.74	6.3	-	13.33	9.09	Upgrade
Levered Free Cash Flow	470.53	279.18	115.61	75.23	59.59	Upgrade
Unlevered Free Cash Flow	470.53	330.49	174.5	143.78	134.61	Upgrade
Change in Working Capital	278.99	18.14	-156.2	-51.79	21.44	Upgrade

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