← AMTD IDEA GROUP
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
| Net Income From Continuing Operations | — | — | — | — | — | $157.7m | $55.2m | $68.8m | |
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | $153.4m | $53.6m | $67.3m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $525.1m | $830.9m | $1.1b | $1.2b | $1.3b | — | $53.6m | $67.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $153.4m | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | ($10.4m) | — | — | |
| Depreciation and amortization | — | — | — | — | — | $2.6m | $6.8m | $9.9m | |
| Amortization | — | — | — | — | — | $857k | $115k | $9k | |
| Amortization of Intangible Assets | — | — | — | $0 | $726k | $857k | $115k | $9k | |
| Depreciation | — | — | — | — | — | $1.8m | $6.7m | $9.9m | |
| Depreciation of property, plant and equipment | — | — | — | $6k | $12k | $1.8m | $6.7m | $9.9m | |
| Amortization Cash Flow | — | — | — | — | — | $857k | $115k | $9k | |
| Amortization Of Intangibles | — | — | — | — | — | $857k | $115k | $9k | |
| Depreciation Amortization Depletion | — | — | — | — | — | $2.6m | $6.8m | $9.9m | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | ($140k) | — | — | |
| Impairment losses under expected credit loss model on financial assets | — | — | $17.1m | $0 | $3.9m | $5.0m | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $5.0m | $0 | $0 | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | $64.3m | — | $1.4m | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | ($3.0m) | — | — | |
| Income Tax Expense (Benefit) | — | — | — | — | — | $4.3m | $1.6m | $1.6m | |
| Payment of operating lease liabilities | — | — | — | $0 | $0 | ($81k) | ($280k) | ($247k) | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | $2.3m | $559k | $0 | |
| Changes in operating assets and liabilities: | |||||||||
| Additional Financial Items | |||||||||
| Increase (Decrease) in Accounts Receivable | ($67.9m) | ($185.3m) | $251.9m | ($9.2m) | ($29.2m) | ($10.7m) | $4.1m | $100k | |
| Adjustments For Decrease Increase In Trade Account Receivable | ($67.9m) | ($185.3m) | $251.9m | ($9.2m) | ($227.9m) | — | — | — | |
| Adjustments For Finance Costs | $9.0m | $27.7m | $21.5m | $12.8m | $6.7m | — | — | — | |
| Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates | $0 | $8.2m | $82.9m | $125.1m | $173.1m | — | — | — | |
| Adjustments For Increase Decrease In Trade Account Payable | ($230k) | $259.8m | $241.9m | ($14.3m) | $60.3m | — | — | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | $126k | |
| General and Administrative Expense | — | — | — | — | — | $4.6m | $4.6m | $4.6m | |
| Goodwill | — | — | — | — | $58.7m | $0 | — | — | |
| Interest Received Classified As Operating Activities | $8k | $1.1m | $68k | $15k | $31.8m | — | — | — | |
| Payments of Financing Costs | — | — | — | — | — | $6.1m | $13.6m | $13.1m | |
| Proceeds From Borrowings Classified As Financing Activities | $322.0m | $0 | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | — | — | — | — | — | $100.0m | — | $163.2m | |
| Repayments Of Borrowings Classified As Financing Activities | $351.6m | $4.3m | $317.7m | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | — | $48.6m | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | $0 | — | — | |
| Profit before tax | $609.0m | $989.3m | $1.0b | $1.3b | $1.4b | $157.7m | $55.2m | $68.8m | |
| Interest income | ($8k) | ($18.7m) | ($101.2m) | ($116.1m) | ($127.3m) | ($20.2m) | ($18.9m) | ($33.5m) | |
| Finance costs | $9.0m | $27.7m | $21.5m | $12.8m | $6.7m | $8.2m | $13.4m | $12.7m | |
| Gain on disposed financial assets at FVTPL and settled derivative financial assets | — | — | — | ($16.1m) | ($22.1m) | ($123.6m) | — | — | |
| Gain from a bargain purchase | — | — | — | $0 | ($38.0m) | ($4.5m) | — | — | |
| Gain on disposal of subsidiaries | — | — | — | $0 | ($14.8m) | ($64.3m) | ($24.8m) | ($1.4m) | |
| Net fair value changes on financial assets at FVTPL (except derivative financial assets) | — | — | — | ($76.9m) | $20.6m | $40.9m | ($26.4m) | ($44.0m) | |
| Share of losses of joint ventures | — | — | — | $0 | $0 | $2.3m | $559k | — | |
| Decrease/(increase) in prepayments, deposits and other receivables | — | — | — | $379k | $11.5m | $5.3m | ($1.4m) | $2.5m | |
| Increase in other payables and accruals | — | — | — | ($4.6m) | ($11.4m) | $15.6m | $1.2m | $3.6m | |
| Increase/(decrease) in provisions | — | — | — | $0 | ($95k) | ($355k) | $142k | $743k | |
| Changes in accounts payable and other assets | — | $259.8m | ($241.9m) | $14.3m | $60.3m | ($1.2m) | $1.6m | ($2.7m) | |
| Cash generated from/(used in/ operations | — | — | — | $62.1m | $47.1m | $24.4m | ($5.6m) | $8.2m | |
| Interest received | $8k | $1.1m | $68k | $15k | $31.8m | $7.2m | $2.1m | $1.9m | |
| Addition to financial assets at FVTPL | — | — | — | ($1.3m) | ($4.8m) | ($1.6m) | ($7.2m) | ($150.0m) | |
| Decrease/(increase) in amount due from immediate holding company | — | — | — | — | — | ($404.4m) | ($41.4m) | $59.3m | |
| Acquisition of subsidiaries, net of cash acquired | — | — | — | $0 | $103.9m | $1.3m | $4.3m | — | |
| Net cash outflow from disposal of subsidiaries | — | — | — | $0 | ($18.5m) | ($514k) | ($953k) | ($929k) | |
| Acquisition of additional interests in subsidiaries | — | — | — | $0 | $0 | ($1.6m) | — | — | |
| Collection of consideration receivable | — | — | — | $0 | $0 | $90.7m | — | — | |
| Amount received from former subsidiaries | — | — | — | $0 | $0 | $23.9m | — | — | |
| Amount received from a non-controlling shareholder of a subsidiary | — | — | — | $0 | $0 | $20.0m | — | — | |
| Amount received from amounts due from joint ventures | — | — | — | $0 | $0 | $6.5m | — | — | |
| Advance to a non-controlling shareholder of a subsidiary | — | — | — | $0 | $0 | ($1.6m) | — | — | |
| Proceeds from disposal of financial assets at FVTPL | — | — | — | $0 | $2.0m | $373k | — | — | |
| Proceeds from issuance of shares | — | — | — | $0 | $25.0m | $93.6m | — | — | |
| Proceeds from issuance of shares of subsidiaries | — | — | — | $0 | $139.1m | $100.0m | — | $163.2m | |
| Repayment of bank borrowings | — | — | — | $0 | ($233.1m) | ($396k) | ($16.8m) | ($164k) | |
| Proceeds from bank borrowings | — | — | $232.3m | $155.9m | $0 | $25.0m | $33.0m | — | |
| Distribution to perpetual securities holders | — | — | ($62.8m) | ($124.3m) | ($123.6m) | ($2.8m) | ($4.3m) | ($2.2m) | |
| Finance costs paid | — | — | — | ($600k) | ($803k) | ($6.1m) | ($13.6m) | ($13.1m) | |
| Cash and bank balances | $126.9m | $766.4m | $454.0m | $526.2m | $1.1b | $120.2m | $62.9m | $51.1m | |
| Beginning Cash Position | — | — | — | — | — | $138.3m | $120.2m | $62.9m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | $209.3m | ($17.3m) | $145.5m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($267.0m) | ($45.3m) | ($175.0m) | |
| Change In Account Payable | — | — | — | — | — | ($1.2m) | $1.6m | ($2.7m) | |
| Change In Other Current Assets | — | — | — | $0 | $0 | — | — | — | |
| Change In Other Working Capital | — | — | — | — | — | ($75k) | $70k | $1.4m | |
| Change In Payable | — | — | — | — | — | $14.4m | $2.8m | $865k | |
| Change In Payables And Accrued Expense | — | — | — | — | — | $14.4m | $2.8m | $865k | |
| Change In Prepaid Assets | — | — | — | — | — | $5.3m | ($1.4m) | $2.5m | |
| Change In Receivables | — | — | — | — | — | $10.7m | ($4.1m) | ($100k) | |
| Change In Working Capital | — | — | — | — | — | $30.3m | ($2.6m) | $4.6m | |
| Changes In Account Receivables | — | — | — | — | — | $10.7m | ($4.1m) | ($100k) | |
| Changes In Cash | — | — | — | — | — | ($17.6m) | ($57.5m) | ($11.7m) | |
| End Cash Position | — | — | — | — | — | $120.2m | $62.9m | $51.1m | |
| Financing Cash Flow | — | — | — | — | — | $209.3m | ($17.3m) | $145.5m | |
| Free Cash Flow | — | — | — | — | — | $39.9m | $5.2m | $17.1m | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($133.6m) | ($8.7m) | ($8.6m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | ($64.3m) | ($24.8m) | ($1.4m) | |
| Interest Received CFO | — | — | — | — | — | $7.2m | $2.1m | $1.9m | |
| Investing Cash Flow | — | — | — | — | — | ($267.0m) | ($45.3m) | ($175.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $93.6m | $0 | $0 | |
| Net Business Purchase And Sale | — | — | — | — | — | ($814k) | $3.3m | ($929k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($72k) | ($8k) | ($746k) | |
| Operating Gains Losses | — | — | — | — | — | ($195.6m) | ($32.9m) | ($10.0m) | |
| Other Non Cash Items | — | — | — | — | — | ($16.5m) | ($5.8m) | ($21.1m) | |
| Purchase Of Business | — | — | — | — | — | ($2.2m) | ($953k) | ($929k) | |
| Purchase Of PPE | — | — | — | — | — | ($72k) | ($8k) | ($746k) | |
| Sale Of Business | — | — | — | — | — | $1.3m | $4.3m | $0 | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | $40.9m | ($26.4m) | ($44.0m) | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | $0 | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $79.1m | $709.5m | $2.0b | $434.8m | $209.2m | $40.0m | $5.2m | $17.8m | |
| Cash flows from investing activities: | |||||||||
| Payments to Acquire Property, Plant, and Equipment | ($14k) | ($14k) | ($111k) | $0 | ($13k) | $72k | $8k | $746k | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | ($1.3m) | ($4.3m) | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($1.2m) | ($7.2m) | ($150.0m) | |
| Purchase Of Investment | — | — | — | — | — | ($1.6m) | ($7.2m) | ($150.0m) | |
| Sale Of Investment | — | — | — | — | — | $373k | $0 | $0 | |
| Net Other Investing Changes | — | — | — | — | — | ($264.9m) | ($41.4m) | ($23.3m) | |
| Net Cash Provided by (Used in) Investing Activities | ($14k) | ($3.0b) | ($3.6b) | ($358.7m) | ($576.6m) | ($267.0m) | ($45.3m) | ($175.0m) | |
| Cash flows from financing activities: | |||||||||
| Issuance Of Debt | — | — | — | — | $0 | $25.0m | $33.0m | $0 | |
| Long Term Debt Issuance | — | — | — | — | $0 | $25.0m | $33.0m | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | $24.6m | $16.2m | ($164k) | |
| Net Long Term Debt Issuance | — | — | — | — | — | $24.6m | $16.2m | ($164k) | |
| Long Term Debt Payments | — | — | — | — | — | ($396k) | ($16.8m) | ($164k) | |
| Repayment Of Debt | — | — | — | — | — | ($396k) | ($16.8m) | ($164k) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $93.6m | — | — | |
| Common Stock Issuance | — | — | — | — | — | $93.6m | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | $93.6m | $0 | $0 | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | $0 | — | — | |
| Dividends paid | — | — | $63 | $124 | $124 | — | — | — | |
| Dividend income | ($99.2m) | ($92.3m) | ($88.1m) | ($48.7m) | ($50.2m) | ($9.9m) | ($8.7m) | ($8.6m) | |
| Dividend received | $99.2m | $92.3m | $88.1m | $48.7m | $50.2m | $9.9m | $8.7m | $8.6m | |
| Cash Dividends Paid | — | — | — | — | $0 | $0 | $0 | $0 | |
| Dividend Received CFO | — | — | — | — | — | $9.9m | $8.7m | $8.6m | |
| Net Other Financing Charges | — | — | — | — | — | $97.2m | ($20.0m) | $158.7m | |
| Net cash flows generated from/(used in) financing activities | — | $2.9b | $1.3b | ($6.7m) | $117.6m | $209.3m | ($17.3m) | $145.5m | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | — | — | $209.3m | ($17.3m) | $145.5m | |
| Effect of foreign exchange rate change, net | — | — | $494k | $2.8m | $2.3m | ($422k) | $157k | ($138k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | ($422k) | $157k | ($138k) | |
| (Increase)/decrease in restricted cash | — | — | — | — | — | $280k | ($72k) | $664k | |
| NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS | $9.1m | $70.3m | ($17.6m) | ($57.5m) | ($11.7m) | ||||
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $120.2m | $62.9m | $51.1m | |
| Cash and cash equivalents at beginning of year | $86.4m | $126.9m | $766.4m | $454.0m | $526.2m | $120.2m | $62.9m | $51.1m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | ($17.6m) | ($57.5m) | ($11.7m) | |
| Interest Paid Classified As Financing Activities | $9.0m | $27.7m | — | — | — | ($6.1m) | ($13.6m) | ($13.1m) | |
| Income Taxes Paid Refund Classified As Operating Activities | $17.4m | $9.2m | $76.8m | $96.5m | $242.7m | ($1.6m) | $0 | ($862k) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.