Advasa Holdings, Inc. (ADBT) Cash Flow Statement
Where ADBT’s cash came from and went, FY2026
March 31, 2026 · U.S. dollars- Cash from operations
- −$1.4M −129.5% vs FY2025
- Capital expenditures
- $0 0.0% of revenue
- Free cash flow
- −$1.4M −8.0% margin
- Returned to shareholders
- —
- Change in cash
- $6.9M cash at year-end $12.1M
Drawn to scale: where the cash came from and how it was used. Hover for values.
ADBT operating cash flow, capex and free cash flow
ADBT cash flow trends, FY2024–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$14.0MFY2024 | −$1.4MFY2026 | — | |
| Capital expenditures | $0FY2024 | $0FY2026 | — | |
| Free cash flow | −$14.0MFY2024 | −$1.4MFY2026 | — | |
| Free cash flow margin | −132.9%FY2024 | −8.0%FY2026 | +124.9 pts | |
| Operating cash flow / net income | 4.15FY2025 | −1.51FY2026 | −5.66 | |
| Capex / revenue | 0.0%FY2024 | 0.0%FY2026 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ADBT cash flow by activity
ADBT net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
ADBT cash flow statement
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Operating activities | |||
| Net income | $922,000 | $1.1M | −$32,000 |
| Depreciation & amortization | $2,000 | $2,000 | $2,000 |
| Change in working capital | −$2.4M | $3.5M | −$14.0M |
| Other non-cash items | $51,000 | $61,000 | $21,000 |
| Cash from operating activities | −$1.4M | $4.7M | −$14.0M |
| Investing activities | |||
| Capital expenditures | $0 | $0 | $0 |
| Investments (net) | −$153,000 | $0 | $459,000 |
| Financing activities | |||
| Net borrowing (repayment) | −$6.8M | −$182,000 | −$191,000 |
| Shares issued | $16.0M | $0 | $0 |
| Other financing | −$6,000 | $0 | $0 |
| Cash from financing activities | $9.2M | −$182,000 | −$191,000 |
| Summary | |||
| Net change in cash | $6.9M | $4.6M | −$15.1M |
| Cash at end of period | $12.1M | $5.2M | $551,000 |
| Free cash flow | −$1.4M | $4.7M | −$14.0M |
| Free cash flow margin | −8.0% | 47.0% | −132.9% |
| Capex / revenue | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | −1.51 | 4.15 | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | $3.5M | −$1.7M | −$2.1M | $1.2M | $3.5M | $1.2M | $238,000 |
| Depreciation & amortization | — | $1,000 | $0 | — | — | $1,000 | $0 |
| Change in working capital | −$7.6M | $5.0M | −$11.2M | $9.2M | −$5.3M | −$2.9M | $6.5M |
| Other non-cash items | $129,000 | −$55,000 | $6.8M | −$6.8M | $127,000 | $89,000 | −$28,000 |
| Cash from operating activities | −$4.0M | $3.2M | −$6.5M | $3.6M | −$1.7M | −$1.5M | $6.7M |
| Investing activities | |||||||
| Capital expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investments (net) | — | $111,000 | — | — | — | $0 | — |
| Financing activities | |||||||
| Net borrowing (repayment) | −$6.3M | −$6.7M | −$45,000 | −$47,000 | −$48,000 | −$45,000 | −$42,000 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$250,000 | $16.0M | −$1,000 | −$2,000 | $0 | $0 | $0 |
| Cash from financing activities | −$6.6M | $9.3M | −$46,000 | −$49,000 | −$48,000 | −$45,000 | −$42,000 |
| Summary | |||||||
| Net change in cash | −$10.6M | $11.9M | −$6.8M | $3.4M | −$1.6M | −$1.3M | $6.5M |
| Cash at end of period | $1.5M | $12.1M | $158,000 | $7.0M | $3.6M | $5.2M | $6.5M |
| Free cash flow | −$4.0M | $3.2M | −$6.5M | $3.6M | −$1.7M | −$1.5M | $6.7M |
| Free cash flow margin | −57.6% | 54.9% | — | 59.1% | −31.2% | −41.9% | 107.1% |
| Capex / revenue | 0.0% | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | −1.13 | — | — | 2.95 | −0.50 | −1.26 | 28.24 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
ADBT cash generation
In fiscal 2026 (ended March 31, 2026), Advasa generated -$1.4 million of cash from operations (down 129.5%) and spent $0 on capital expenditures, leaving free cash flow of -$1.4 million, −8.0% of revenue. Cash and equivalents rose by $6.9 million over the year.
Related: ADBT income statement, ADBT balance sheet. See the ADBT stock overview for the latest quote and news.
ADBT cash flow FAQ
What is Advasa's free cash flow?
Advasa's free cash flow was -$1.4 million in fiscal 2026: -$1.4 million of operating cash flow minus $0 of capital expenditures It was $4.7 million a year earlier..
How much cash does Advasa generate from operations?
Advasa generated -$1.4 million of cash from operating activities in fiscal 2026, −1.51 times its net income of $0.9 million.