Highway Holdings Limited
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-1.5M | $106.0K | $-959.0K | $-294.0K | $443.0K | $-461.0K | $686.0K | $-630.0K |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $31.0K | $9.0K | $159.0K | $209.0K | $162.0K | $159.0K | $145.0K | $261.0K |
| Amortization | $5.0K | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-1.4M | $-360.0K | $415.0K | $809.0K | $-164.0K | $-104.0K | $442.0K | $-437.0K |
| Investing Activities | ||||||||
| Capital Expenditures | $103.0K | $101.0K | $118.0K | $92.0K | $134.0K | $88.0K | $91.0K | $695.0K |
| Business Acquisitions | $-593.0K | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-109.0K | $232.0K | $-102.0K | $991.0K | $-1.2M | $-78.0K | $-64.0K | $-736.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | $492.0K | $616.0K | $1.0M | $569.0K | $981.0K | $297.0K | $1.2M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-25.0K | $-492.0K | $-557.0K | $-920.0K | $-549.0K | $-902.0K | $-297.0K | $-1.2M |
| Net Change in Cash | — | — | — | $880.0K | $-1.9M | $-1.1M | $81.0K | $-2.4M |
| Free Cash Flow | $-1.5M | $-461.0K | $297.0K | $717.0K | $-298.0K | $-192.0K | $351.0K | $-1.1M |