MOGU Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $266.0K | $-8.6M | $-8.2M | $-25.9M | $-100.9M | $-50.1M | $-314.0M | $-72.5M |
| Depreciation & Amortization | $1.7M | $1.6M | $1.4M | $9.5M | $52.6M | $53.6M | $47.8M | $30.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $26.0K | $21.0K | $263.0K | $8.7M | $51.8M | $52.2M | $46.8M | $29.0M |
| Stock-Based Compensation | $2.0K | $116.0K | $636.0K | $2.0M | $2.0M | $4.0M | $4.5M | $15.4M |
| Net Cash from Operating Activities | $-6.9M | $-9.4M | $-5.6M | $-1.5M | $-18.0M | $-11.9M | $-44.0M | $-48.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $594.0K | $1.4M | $13.0M | $2.8M | $8.7M | $23.3M | $1.5M | $1.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $14.4M | $-28.7M | $-2.7M | $89.0K | $2.2M | $-14.8M | $-16.0M | $-12.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $113.0K | $0 | $194.0K | $1.5M | $18.3M | $927.0K | — |
| Net Cash from Financing Activities | $1.0K | $-113.0K | $0 | $-1.8M | $71.0K | $-18.2M | $-4.1M | $61.8M |
| Net Change in Cash | $7.5M | $-38.1M | $-8.0M | $-3.3M | $-16.3M | $-48.0M | $-59.4M | $7.8M |
| Free Cash Flow | $-7.5M | $-10.7M | $-18.6M | $-4.2M | $-26.7M | $-35.2M | $-45.5M | $-49.8M |