ECARX Holdings Inc.

ECX ·Technology, Information Technology Services, China
Financial Statements Cash Flow Statement
Annual Quarterly

Cash Flow Statement

Line Item FY2025 FY2024 FY2023 FY2022
Operating Activities
Net Income $-66.0M $-129.8M $-133.3M $-223.2M
Depreciation & Amortization $19.9M $20.6M $12.1M $9.8M
Depreciation $7.7M $7.9M $7.6M
Amortization $12.2M $12.7M $4.5M
Stock-Based Compensation $13.3M $19.1M $24.9M $105.2M
Net Cash from Operating Activities $-94.4M $-60.0M $-172.4M $-58.8M
Investing Activities
Capital Expenditures $12.2M $15.9M $8.9M $18.5M
Business Acquisitions
Net Cash from Investing Activities $-70.5M $-8.1M $87.3M $-41.1M
Financing Activities
Dividends Paid
Stock Repurchases
Net Cash from Financing Activities $203.9M $36.4M $40.6M $78.0M
Net Change in Cash $43.1M $-33.9M $-46.6M $-17.8M
Free Cash Flow $-106.6M $-75.9M $-181.3M $-77.4M