Globavend Holdings Limited (GVH) Cash Flow Statement
Where GVH’s cash came from and went, FY2025
September 30, 2025 · U.S. dollars- Cash from operations
- $240,355 −26.3% vs FY2024
- Capital expenditures
- $8,333 0.0% of revenue
- Free cash flow
- $232,022 1.0% margin
- Returned to shareholders
- —
- Change in cash
- $5.2M cash at year-end $7.5M
Drawn to scale: where the cash came from and how it was used. Hover for values.
GVH operating cash flow, capex and free cash flow
GVH cash flow trends, FY2021–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $875,086FY2021 | $240,355FY2025 | −27.6%/yr | |
| Capital expenditures | $1,192FY2021 | $8,333FY2025 | +62.6%/yr | |
| Free cash flow | $873,894FY2021 | $232,022FY2025 | −28.2%/yr | |
| Free cash flow margin | 6.6%FY2021 | 1.0%FY2025 | −5.6 pts | |
| Operating cash flow / net income | 1.55FY2021 | 0.35FY2025 | −1.20 | |
| Dividends paid | $1.2MFY2021 | $0FY2025 | −100.0% | |
| Capex / revenue | 0.0%FY2021 | 0.0%FY2025 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GVH cash flow by activity
GVH 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).
GVH cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | $682,982 | $1.3M | $1.1M | $810,227 | $564,758 |
| Depreciation & amortization | $69,552 | $19,784 | $33,818 | $61,484 | $11,350 |
| Change in working capital | −$533,017 | −$1.1M | $848,840 | −$89,001 | $332,329 |
| Other non-cash items | $20,838 | $51,841 | $61,781 | $335 | −$33,351 |
| Cash from operating activities | $240,355 | $326,089 | $2.0M | $783,045 | $875,086 |
| Investing activities | |||||
| Capital expenditures | −$8,333 | −$592,585 | −$4,960 | −$9,247 | −$1,192 |
| Investments (net) | — | −$592,585 | −$7,455 | −$9,247 | −$1,192 |
| Acquisitions & other investing | $0 | $592,585 | $4,960 | $9,247 | $1,192 |
| Cash from investing activities | −$8,333 | −$592,585 | −$7,455 | −$9,247 | −$1,192 |
| Financing activities | |||||
| Dividends paid | $0 | $0 | −$1.5M | −$1.2M | −$1.2M |
| Shares issued | $13.5M | $5.4M | $0 | $0 | $0 |
| Other financing | −$8.6M | −$3.4M | −$543,620 | $0 | $1.0M |
| Cash from financing activities | $5.0M | $2.0M | −$2.0M | −$1.2M | −$222,753 |
| Summary | |||||
| Net change in cash | $5.2M | $1.7M | −$3,603 | −$470,704 | $651,141 |
| Cash at end of period | $7.5M | $2.3M | $554,132 | $557,735 | $1.0M |
| Free cash flow | $232,022 | −$266,496 | $2.0M | $773,798 | $873,894 |
| Free cash flow margin | 1.0% | −1.6% | 10.8% | 3.2% | 6.6% |
| Capex / revenue | 0.0% | 3.6% | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | 0.35 | 0.24 | 1.88 | 0.97 | 1.55 |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$20,843 | −$15,444 | $116,363 | $225,128 | $220,106 | $587,669 | $449,398 | $414,234 | $313,292 | $301,969 | $225,404 | $294,603 |
| Depreciation & amortization | $44,333 | $32,848 | $23,121 | $28,822 | $19,590 | $16,678 | $12,754 | $16,103 | $12,179 | $17,734 | $13,238 | $21,839 |
| Change in working capital | −$467,353 | −$375,783 | $318,081 | $325,448 | −$752,711 | −$756,410 | $338,225 | $120,168 | −$251,877 | $441,000 | $67,495 | −$373,094 |
| Other non-cash items | −$666 | $29,012 | $115,756 | −$1.0M | $804,351 | −$15,700 | −$928,667 | $10,704 | $358,511 | $14,719 | $272,674 | −$10,662 |
| Cash from operating activities | −$444,529 | −$329,367 | $573,321 | −$453,143 | $291,336 | −$167,763 | −$128,290 | $561,209 | $432,105 | $775,422 | $578,811 | −$67,314 |
| Investing activities | ||||||||||||
| Capital expenditures | −$43,461 | −$32,197 | −$147,756 | −$151,923 | −$59,588 | −$309,536 | −$236,705 | −$3,037 | −$2,316 | −$1,891 | −$1,412 | −$4,959 |
| Acquisitions & other investing | $6 | $0 | $295,512 | $0 | $0 | $2 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash from investing activities | −$43,455 | −$32,197 | $147,756 | −$151,923 | −$59,588 | −$309,534 | −$236,705 | −$3,037 | −$2,316 | −$1,891 | −$1,412 | −$4,959 |
| Financing activities | ||||||||||||
| Dividends paid | — | — | — | — | — | — | −$974,698 | −$974,698 | −$737,180 | — | — | −$16,883 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $244,608 | $181,238 | $2.6M | −$85,590 | −$358,399 | $1.8M | $2.3M | −$285,705 | −$216,810 | −$73,682 | −$55,000 | $0 |
| Cash from financing activities | $244,608 | $181,238 | $2.6M | −$85,590 | −$358,399 | $1.8M | $1.4M | −$1.3M | −$953,990 | −$73,682 | −$55,000 | −$16,883 |
| Summary | ||||||||||||
| Net change in cash | −$79,285 | $4.4M | −$915,151 | −$70,297 | −$2.5M | $1.3M | −$554,132 | −$715,659 | −$1.6M | $714,700 | $522,399 | −$89,156 |
| Cash at end of period | $4.9M | $5.0M | $570,276 | $1.6M | $1.7M | $1.7M | $357,636 | $357,636 | $1.1M | $1.1M | $358,595 | $358,595 |
| Free cash flow | −$487,990 | −$361,565 | $721,077 | −$605,066 | $231,747 | −$477,300 | −$364,996 | $558,172 | $429,789 | $773,530 | $577,399 | −$72,273 |
| Free cash flow margin | −4.9% | −4.9% | 14.7% | −8.8% | 5.7% | −8.7% | −8.7% | 9.2% | 9.4% | 12.3% | 12.3% | −1.0% |
| Capex / revenue | 0.4% | 0.4% | 3.0% | 2.2% | 1.5% | 5.6% | 5.6% | 0.1% | 0.1% | 0.0% | 0.0% | 0.1% |
| Operating cash flow / net income | — | — | 4.93 | −2.01 | 1.32 | −0.29 | −0.29 | 1.35 | 1.38 | 2.57 | 2.57 | −0.23 |
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.
GVH cash generation
In fiscal 2025 (ended September 30, 2025), Globavend generated $0.2 million of cash from operations (down 26.3%) and spent $0.0 million on capital expenditures, leaving free cash flow of $0.2 million, 1.0% of revenue. Cash and equivalents rose by $5.2 million over the year.
Related: GVH income statement, GVH balance sheet. See the GVH stock overview for the latest quote and news.
GVH cash flow FAQ
What is Globavend's free cash flow?
Globavend's free cash flow was $0.2 million in fiscal 2025: $0.2 million of operating cash flow minus $0.0 million of capital expenditures It was -$0.3 million a year earlier..
How much cash does Globavend generate from operations?
Globavend generated $0.2 million of cash from operating activities in fiscal 2025, 0.35 times its net income of $0.7 million.
How much does Globavend spend on capital expenditures?
Globavend spent $0.0 million on capital expenditures in fiscal 2025, 0.0% of revenue, compared with $0.6 million the year before.