Megan Holdings Limited (MGN) Cash Flow Statement

NASDAQ: MGNOperating cash, capex, free cash flow and buybacks.

Where MGN’s cash came from and went, 2025

December 31, 2025 · MYR
Cash from operations
−RM 9.6M
−291.8% vs 2024
Capital expenditures
RM 260
0.0% of revenue
Free cash flow
−RM 9.6M
−11.4% margin
Returned to shareholders
—
Change in cash
RM 162,660
cash at year-end RM 172,025
Shares issued: RM 12.9MShares issuedRM 12.9MCash used in operations: RM 9.6MCash used in operationsRM 9.6M · 74%Investments (net): RM 2.9MInvestments (net)RM 2.9M · 23%Other financing, Debt repayment, Capital expenditures, Added to cash: RM 370,734Other usesRM 370,734 · 3%RM 12.9M
Cash from operations
−RM 9.6M
Investments (net)
−RM 2.9M
Net borrowing (repayment)
−RM 85,433
Shares issued
+RM 12.9M
Other financing
−RM 122,381
Change in cash
RM 162,660

Drawn to scale: where the cash came from and how it was used. Hover for values.

MGN operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

MGN cash flow trends, 2021–2025

MetricTrendThenLatestChange
Operating cash flowRM 5.7M2021−RM 9.6M2025—
Capital expendituresRM 02021RM 2602025—
Free cash flowRM 5.7M2021−RM 9.6M2025—
Free cash flow margin12.5%2021−11.4%2025−23.9 pts
Operating cash flow / net income0.782021−10.902025−11.69
Capex / revenue0.0%20210.0%20250.0 pts

Change is the average annual growth (CAGR) or the difference between the first and latest year.

MGN cash flow by activity

OperatingInvestingFinancingChange in cash

MGN net income vs operating cash flow

Net incomeOperating cash flow

Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).

MGN cash flow statement in MYR

20252024202320222021
Operating activities
Net incomeRM 879,441RM 4.8MRM 8.3MRM 8.2MRM 7.3M
Depreciation & amortizationRM 60,270RM 40,408RM 9,104RM 17,688RM 22,180
Change in working capital−RM 5.9M−RM 552,764−RM 28.0MRM 7.3MRM 3.1M
Other non-cash items−RM 4.6MRM 727,374−RM 1.3M−RM 123,652−RM 4.7M
Cash from operating activities−RM 9.6MRM 5.0M−RM 21.0MRM 15.5MRM 5.7M
Investing activities
Capital expenditures−RM 260−RM 102,017−RM 562,199−RM 4.6MRM 0
Investments (net)−RM 2.9M−RM 10.2MRM 16.0M−RM 1.8M−RM 5.1M
Acquisitions & other investingRM 0RM 20−RM 140,817−RM 2.7MRM 0
Cash from investing activities−RM 2.9M−RM 10.3MRM 15.3M−RM 9.0M−RM 5.1M
Financing activities
Net borrowing (repayment)−RM 85,433−RM 65,382RM 388,113RM 0RM 0
Shares issuedRM 12.9MRM 0RM 0RM 0RM 0
Other financing−RM 122,381RM 1.2MRM 2.1M−RM 982,983RM 973,000
Cash from financing activitiesRM 12.7MRM 1.2MRM 2.5M−RM 982,983RM 973,000
Summary
Net change in cashRM 162,660−RM 4.1M−RM 3.1MRM 5.5MRM 1.7M
Cash at end of periodRM 172,025RM 9,365RM 4.1MRM 7.2MRM 1.7M
Free cash flow−RM 9.6MRM 4.9M−RM 21.5MRM 10.9MRM 5.7M
Free cash flow margin−11.4%8.1%−25.2%15.1%12.5%
Capex / revenue0.0%0.2%0.7%6.3%0.0%
Operating cash flow / net income−10.901.04−2.531.880.78

Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in MYR as reported; data from EODHD.

MGN cash generation

In fiscal 2025 (ended December 31, 2025), Megan generated -RM 9.6 million of cash from operations (down 291.8%) and spent RM 0.0 million on capital expenditures, leaving free cash flow of -RM 9.6 million, −11.4% of revenue. Cash and equivalents rose by RM 0.2 million over the year.

Related: MGN income statement, MGN balance sheet. See the MGN stock overview for the latest quote and news.

MGN cash flow FAQ

What is Megan's free cash flow?

Megan's free cash flow was -RM 9.6 million in fiscal 2025: -RM 9.6 million of operating cash flow minus RM 0.0 million of capital expenditures It was RM 4.9 million a year earlier..

How much cash does Megan generate from operations?

Megan generated -RM 9.6 million of cash from operating activities in fiscal 2025, −10.90 times its net income of RM 0.9 million.

How much does Megan spend on capital expenditures?

Megan spent RM 0.0 million on capital expenditures in fiscal 2025, 0.0% of revenue, compared with RM 0.1 million the year before.

Engineering & Construction: cash flow