Polibeli Group Ltd Class A (PLBL) Cash Flow Statement

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

Where PLBL’s cash came from and went, 2025

December 31, 2025 · U.S. dollars
Cash from operations
−$4.9M
Capital expenditures
$118,602
0.6% of revenue
Free cash flow
−$5.0M
−24.6% margin
Returned to shareholders
—
Change in cash
$1.2M
cash at year-end $1.4M
Acquisitions & other: $1.9MAcquisitions & other$1.9MOther financing: $5.6MOther financing$5.6MCurrency & other: $1.9MCurrency & other$1.9MCash used in operations: $4.9MCash used in operations$4.9M · 52%Debt repayment: $3.2MDebt repayment$3.2M · 34%Added to cash: $1.2MAdded to cash$1.2M · 13%Capital expenditures: $118,602Capital expenditures$118,602 · 1%$9.4M
Cash from operations
−$4.9M
Capital expenditures
−$118,602
Acquisitions & other
+$1.9M
Net borrowing (repayment)
−$3.2M
Other financing
+$5.6M
Currency & other
+$1.9M
Change in cash
$1.2M

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

PLBL operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

PLBL cash flow trends, 2022–2025

MetricTrendThenLatestChange
Operating cash flow−$8.3M2022−$4.9M2025—
Capital expenditures$150,6242022$118,6022025−7.7%/yr
Free cash flow−$8.5M2022−$5.0M2025—
Free cash flow margin−29.4%2022−24.6%2025+4.8 pts
Capex / revenue0.5%20220.6%2025+0.1 pts

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

PLBL cash flow by activity

OperatingInvestingFinancingChange in cash

PLBL 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).

PLBL cash flow statement

2025202420232022
Operating activities
Net income−$4.6M−$11.0M−$6.7M−$8.0M
Depreciation & amortization$398,693$584,753$530,083$470,629
Change in working capital−$826,326$3.7M$770,855−$1.3M
Other non-cash items$133,116$1.1M$714,048$605,398
Cash from operating activities−$4.9M−$5.5M−$4.7M−$8.3M
Investing activities
Capital expenditures−$118,602−$119,292−$2.0M−$150,624
Investments (net)—$1.7M−$2.0M−$150,624
Acquisitions & other investing$1.9M$119,292$2.0M$150,624
Cash from investing activities$1.7M$1.7M−$2.0M−$150,624
Financing activities
Net borrowing (repayment)−$3.2M−$3.2M−$418,960−$348,801
Shares issued$0$0$2.4M$1.2M
Other financing$5.6M$6.9M$5.1M$8.8M
Cash from financing activities$2.4M$3.7M$7.1M$9.7M
Summary
Net change in cash$1.2M−$321,111$367,660$1.1M
Cash at end of period$1.4M$2.6M$3.0M$2.6M
Free cash flow−$5.0M−$5.7M−$6.7M−$8.5M
Free cash flow margin−24.6%−18.7%−29.4%−29.4%
Capex / revenue0.6%0.4%8.8%0.5%

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.

PLBL cash generation

In fiscal 2025 (ended December 31, 2025), Polibeli generated -$4.9 million of cash from operations and spent $0.1 million on capital expenditures, leaving free cash flow of -$5.0 million, −24.6% of revenue. Cash and equivalents rose by $1.2 million over the year.

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

PLBL cash flow FAQ

What is Polibeli's free cash flow?

Polibeli's free cash flow was -$5.0 million in fiscal 2025: -$4.9 million of operating cash flow minus $0.1 million of capital expenditures It was -$5.7 million a year earlier..

How much cash does Polibeli generate from operations?

Polibeli generated -$4.9 million of cash from operating activities in fiscal 2025.

How much does Polibeli spend on capital expenditures?

Polibeli spent $0.1 million on capital expenditures in fiscal 2025, 0.6% of revenue, compared with $0.1 million the year before.

Department Stores: cash flow