IHS Holding Limited
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $143.6M | $-1.63B | $-1.98B | $-459.0M | $-25.8M | $-322.0M | $-423.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — |
| Depreciation | — | $316.0M | $385.2M | $421.6M | $344.7M | $373.2M | $355.8M |
| Amortization | — | $46.8M | $50.4M | $47.3M | $38.2M | $35.4M | $28.7M |
| Stock-Based Compensation | $28.8M | $20.2M | $13.3M | $13.3M | $11.8M | $8.3M | $351.1M |
| Net Cash from Operating Activities | $936.2M | $729.4M | $853.5M | $907.3M | $750.2M | $635.3M | $641.9M |
| Investing Activities | |||||||
| Capital Expenditures | $217.5M | $235.2M | $464.9M | $378.5M | $238.1M | $94.8M | — |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-22.3M | $63.2M | $-722.2M | $-1.52B | $-877.9M | $-758.5M | $-235.8M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-644.1M | $-431.0M | $-162.3M | $398.2M | $524.3M | $-128.1M | $-138.3M |
| Net Change in Cash | — | — | — | — | — | — | — |
| Free Cash Flow | $718.7M | $494.2M | $388.6M | $528.8M | $512.0M | $540.5M | — |