Nature Wood Group Limited (NWGL) Cash Flow Statement
Where NWGL’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$906,867 −139.1% vs 2024
- Capital expenditures
- $52,541 0.4% of revenue
- Free cash flow
- −$959,408 −6.6% margin
- Returned to shareholders
- —
- Change in cash
- −$2.0M cash at year-end $966,807
Drawn to scale: where the cash came from and how it was used. Hover for values.
NWGL operating cash flow, capex and free cash flow
NWGL cash flow trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$2.6M2020 | −$906,8672025 | — | |
| Capital expenditures | $3.1M2020 | $52,5412025 | −55.7%/yr | |
| Free cash flow | −$5.7M2020 | −$959,4082025 | — | |
| Free cash flow margin | −15.2%2020 | −6.6%2025 | +8.6 pts | |
| Operating cash flow / net income | 1.662021 | 1.132022 | −0.53 | |
| Dividends paid | $17.6M2020 | $02025 | −100.0% | |
| Share buybacks (net) | $4.3M2020 | $7.5M2022 | +32.6%/yr | |
| Capex / revenue | 8.2%2020 | 0.4%2025 | −7.9 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NWGL cash flow by activity
NWGL 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).
NWGL cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Operating activities | ||||||
| Net income | −$6.4M | −$8.8M | −$11.9M | $5.2M | $2.0M | −$1.0M |
| Depreciation & amortization | $171,911 | $1.5M | $1.9M | $1.7M | $1.4M | $1.3M |
| Change in working capital | −$2.6M | $3.0M | $2.2M | −$2.2M | −$1.8M | −$4.2M |
| Other non-cash items | $7.9M | $6.7M | $7.6M | $1.2M | $1.7M | $1.4M |
| Cash from operating activities | −$906,867 | $2.3M | −$239,228 | $5.9M | $3.3M | −$2.6M |
| Investing activities | ||||||
| Capital expenditures | −$52,541 | −$754,759 | −$1.2M | −$1.5M | −$2.5M | −$3.1M |
| Investments (net) | — | −$704,801 | −$1.2M | −$1.4M | −$2.5M | −$3.1M |
| Acquisitions & other investing | $110,560 | $754,759 | $1.2M | $1.5M | $2.5M | $3.1M |
| Cash from investing activities | $58,019 | −$704,801 | −$1.2M | −$1.4M | −$2.5M | −$3.1M |
| Financing activities | ||||||
| Dividends paid | $0 | $0 | $0 | −$18.4M | −$24.3M | −$17.6M |
| Share repurchases & issuance (net) | — | — | — | −$7.5M | −$6.5M | −$4.3M |
| Net borrowing (repayment) | −$677,184 | −$1.8M | $412,212 | −$735,991 | $2.1M | $7.4M |
| Shares issued | $0 | $0 | $5.1M | $9.8M | $5.4M | $8.3M |
| Other financing | −$1.6M | −$249,419 | −$5.8M | $14.4M | $23.7M | $12.1M |
| Cash from financing activities | −$2.2M | −$2.0M | −$286,825 | −$2.5M | $395,174 | $5.9M |
| Summary | ||||||
| Net change in cash | −$2.0M | −$1.0M | −$1.1M | $1.5M | −$8,659 | −$130,487 |
| Cash at end of period | $966,807 | $3.0M | $4.0M | $5.1M | $3.5M | $3.6M |
| Free cash flow | −$959,408 | $1.6M | −$1.4M | $4.4M | $711,922 | −$5.7M |
| Free cash flow margin | −6.6% | 7.3% | −5.6% | 7.9% | 1.5% | −15.2% |
| Capex / revenue | 0.4% | 3.5% | 4.6% | 2.7% | 5.3% | 8.2% |
| Operating cash flow / net income | — | — | — | 1.13 | 1.66 | — |
| Sep '26 | Jun '25 | Jun '23 | Dec '22 | Jun '22 | Dec '21 | Jun '21 | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | −$1.7M | $57,138 | −$994,080 | $65,643 | $5.1M | $1.5M | $424,878 |
| Depreciation & amortization | $91,542 | $43,886 | — | $505,500 | $1.2M | $379,354 | $1.1M |
| Change in working capital | $1.7M | −$1.3M | — | $4.3M | −$6.5M | $362,322 | −$2.2M |
| Other non-cash items | $451,427 | $853,717 | −$1 | $337,626 | $820,067 | $401,205 | $1.3M |
| Cash from operating activities | $549,746 | −$353,268 | −$994,081 | $5.2M | $701,734 | $2.7M | $572,953 |
| Investing activities | |||||||
| Capital expenditures | −$906 | −$578 | $0 | −$97,478 | −$1.4M | −$922,196 | −$1.6M |
| Investments (net) | — | — | — | −$101,998 | — | — | — |
| Acquisitions & other investing | $695,849 | −$88,967 | — | $97,478 | $91,965 | $17,347 | $40,125 |
| Cash from investing activities | $694,943 | −$89,545 | — | −$101,998 | −$1.3M | −$904,849 | −$1.6M |
| Financing activities | |||||||
| Dividends paid | — | — | — | $0 | — | — | — |
| Share repurchases & issuance (net) | — | — | — | — | −$7.5M | — | −$6.5M |
| Net borrowing (repayment) | — | — | — | −$1.5M | — | −$1.0M | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$1.8M | −$2.9M | — | −$469,658 | $7.0M | −$452,686 | $8.4M |
| Cash from financing activities | −$1.8M | −$2.9M | — | −$2.0M | −$571,960 | −$1.5M | $1.9M |
| Summary | |||||||
| Net change in cash | −$780,402 | $337,469 | −$994,080 | $4.0M | −$2.5M | $25,979 | −$34,638 |
| Cash at end of period | $439,598 | $337,469 | $2.7M | $5.1M | $1.0M | $3.5M | $3.5M |
| Free cash flow | $548,840 | −$353,846 | −$994,081 | $5.1M | −$717,245 | $1.8M | −$1.0M |
| Free cash flow margin | 18.5% | −4.3% | −6.4% | 53.0% | −2.3% | 13.0% | −3.1% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 1.0% | 4.6% | 6.9% | 4.7% |
| Operating cash flow / net income | — | −6.18 | — | 78.75 | 0.14 | 1.74 | 1.35 |
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.
NWGL cash generation
In fiscal 2025 (ended December 31, 2025), Nature Wood generated -$0.9 million of cash from operations (down 139.1%) and spent $0.1 million on capital expenditures, leaving free cash flow of -$1.0 million, −6.6% of revenue. Cash and equivalents fell by $2.0 million over the year.
Related: NWGL income statement, NWGL balance sheet. See the NWGL stock overview for the latest quote and news.
NWGL cash flow FAQ
What is Nature Wood's free cash flow?
Nature Wood's free cash flow was -$1.0 million in fiscal 2025: -$0.9 million of operating cash flow minus $0.1 million of capital expenditures It was $1.6 million a year earlier..
How much cash does Nature Wood generate from operations?
Nature Wood generated -$0.9 million of cash from operating activities in fiscal 2025.
How much does Nature Wood spend on capital expenditures?
Nature Wood spent $0.1 million on capital expenditures in fiscal 2025, 0.4% of revenue, compared with $0.8 million the year before.