3 E Network Technology Group Ltd Class A (MASK) Cash Flow Statement
Where MASK’s cash came from and went, FY2025
June 30, 2025 · U.S. dollars- Cash from operations
- $13,832 −98.5% vs FY2024
- Capital expenditures
- $2 0.0% of revenue
- Free cash flow
- $13,832 0.3% margin
- Returned to shareholders
- —
- Change in cash
- $261,757 cash at year-end $313,566
Drawn to scale: where the cash came from and how it was used. Hover for values.
MASK operating cash flow, capex and free cash flow
MASK cash flow trends, FY2022–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $973,593FY2022 | $13,832FY2025 | −75.8%/yr | |
| Capital expenditures | $35,413FY2022 | $2FY2025 | −96.2%/yr | |
| Free cash flow | $938,180FY2022 | $13,832FY2025 | −75.5%/yr | |
| Free cash flow margin | 72.4%FY2022 | 0.3%FY2025 | −72.1 pts | |
| Operating cash flow / net income | 2.22FY2022 | 0.01FY2025 | −2.21 | |
| Capex / revenue | 2.7%FY2022 | 0.0%FY2025 | −2.7 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MASK cash flow by activity
MASK 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).
MASK cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | $1.5M | $1.5M | $996,157 | $439,403 |
| Depreciation & amortization | — | $6,571 | $7,033 | $27,661 |
| Change in working capital | −$2.7M | −$832,931 | −$149,894 | $402,957 |
| Other non-cash items | $1.3M | $207,216 | $47,992 | $103,572 |
| Cash from operating activities | $13,832 | $929,203 | $901,288 | $973,593 |
| Investing activities | ||||
| Capital expenditures | −$2 | −$3 | −$11,482 | −$35,413 |
| Investments (net) | −$3.0M | $0 | −$11,482 | −$35,413 |
| Acquisitions & other investing | $25,558 | — | $11,482 | $35,413 |
| Cash from investing activities | −$3.0M | — | −$11,482 | −$35,413 |
| Financing activities | ||||
| Share repurchases & issuance (net) | — | — | −$329,405 | — |
| Net borrowing (repayment) | $1.1M | −$191,703 | $0 | −$910,921 |
| Shares issued | $1.7M | $1,000 | $0 | $0 |
| Other financing | $354,589 | −$698,229 | −$542,082 | $0 |
| Cash from financing activities | $3.2M | −$888,932 | −$871,487 | −$910,921 |
| Summary | ||||
| Net change in cash | $261,757 | $32,413 | −$27,369 | $30,600 |
| Cash at end of period | $313,566 | $51,809 | $19,396 | $46,765 |
| Free cash flow | $13,832 | $929,203 | $889,806 | $938,180 |
| Free cash flow margin | 0.3% | 20.4% | 53.2% | 72.4% |
| Capex / revenue | 0.0% | 0.0% | 0.7% | 2.7% |
| Operating cash flow / net income | 0.01 | 0.60 | 0.90 | 2.22 |
| Mar '26 | Sep '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Jun '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||
| Net income | −$209,487 | −$104,744 | $1.1M | $534,664 | $863,954 | $431,977 | $684,393 | $1.0M | −$43,063 |
| Depreciation & amortization | $299,894 | $233,563 | $2,534 | $1,267 | $3,187 | $1,594 | $3,384 | $3,400 | $3,633 |
| Stock-based compensation | — | $21,370 | — | — | — | — | — | — | — |
| Change in working capital | −$1.8M | −$923,297 | −$873,131 | −$782,804 | −$221,010 | −$215,267 | −$611,920 | −$566,330 | $416,436 |
| Other non-cash items | −$61,699 | −$93,302 | $127,720 | $441,598 | $78,573 | $144,049 | $791,796 | $48,324 | −$333 |
| Cash from operating activities | −$1.7M | −$866,410 | $326,450 | $194,725 | $724,704 | $362,353 | $867,653 | $524,614 | $376,673 |
| Investing activities | |||||||||
| Capital expenditures | −$1.6M | −$795,834 | −$326,450 | $0 | −$5 | $0 | −$663,153 | −$45 | −$11,443 |
| Acquisitions & other investing | $3 | $0 | — | — | — | — | — | $4 | $2 |
| Cash from investing activities | −$1.6M | −$795,834 | — | — | — | — | — | −$41 | −$11,441 |
| Financing activities | |||||||||
| Share repurchases & issuance (net) | — | $35,928 | −$35,928 | — | −$740,645 | — | −$663,155 | −$329,405 | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $3.1M | $1.5M | −$256,682 | −$177,805 | −$15,533 | −$378,089 | −$132,753 | −$136,824 | −$405,257 |
| Cash from financing activities | $3.1M | $1.5M | −$292,610 | −$177,805 | −$756,178 | −$378,089 | −$795,908 | −$466,229 | −$405,257 |
| Summary | |||||||||
| Net change in cash | −$278,282 | $241,976 | $19,781 | −$114,067 | −$62,258 | −$114,067 | $94,671 | $19,396 | $17,524 |
| Cash at end of period | $35,284 | $313,566 | $71,590 | $51,809 | $51,809 | $114,067 | $114,067 | $19,396 | $17,524 |
| Free cash flow | −$3.3M | −$1.7M | $389,450 | $194,725 | $724,700 | $362,353 | $204,500 | $524,570 | $365,230 |
| Free cash flow margin | −89.3% | −89.3% | 12.4% | 12.4% | 45.6% | 45.6% | 6.9% | 37.4% | 135.0% |
| Capex / revenue | 42.7% | 42.7% | 10.4% | 0.0% | 0.0% | 0.0% | 22.3% | 0.0% | 4.2% |
| Operating cash flow / net income | — | — | 0.31 | 0.36 | 0.84 | 0.84 | 1.27 | 0.50 | — |
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.
MASK cash generation
In fiscal 2025 (ended June 30, 2025), 3 E Network Technology generated $0.0 million of cash from operations (down 98.5%) and spent $0.0 million on capital expenditures, leaving free cash flow of $0.0 million, 0.3% of revenue. Cash and equivalents rose by $0.3 million over the year.
Related: MASK income statement, MASK balance sheet. See the MASK stock overview for the latest quote and news.
MASK cash flow FAQ
What is 3 E Network Technology's free cash flow?
3 E Network Technology's free cash flow was $0.0 million in fiscal 2025: $0.0 million of operating cash flow minus $0.0 million of capital expenditures It was $0.9 million a year earlier..
How much cash does 3 E Network Technology generate from operations?
3 E Network Technology generated $0.0 million of cash from operating activities in fiscal 2025, 0.01 times its net income of $1.5 million.
How much does 3 E Network Technology spend on capital expenditures?
3 E Network Technology spent $0.0 million on capital expenditures in fiscal 2025, 0.0% of revenue, compared with $0.0 million the year before.