Reitar Logtech Holdings Limited (RITR) Cash Flow Statement

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

Where RITR’s cash came from and went, FY2026

March 31, 2026 · Hong Kong dollars

Cash from operations: −HK$75.2M
Capital expenditures: HK$2.7M
Free cash flow: −HK$77.8M
Returned to shareholders: —
Change in cash: −HK$30.6M

Cash from operations

−HK$75.2M

Capital expenditures

−HK$2.7M

Investments (net)

−HK$741,752

Acquisitions & other

+HK$1.5M

Net borrowing (repayment)

+HK$30.7M

Shares issued

+HK$15.7M

Change in cash

−HK$30.6M

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

RITR operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

RITR cash flow trends, FY2021–FY2026

Reitar Logtech Holdings Limited cash flow trends
Metric	Then	Latest	Change
Operating cash flow	HK$16.4MFY2021	−HK$75.2MFY2026	—
Capital expenditures	HK$21,000FY2021	HK$2.7MFY2026	+235.9%/yr
Free cash flow	HK$16.4MFY2021	−HK$77.8MFY2026	—
Free cash flow margin	22.4%FY2021	−35.1%FY2026	−57.5 pts
Operating cash flow / net income	3.64FY2021	−25.55FY2025	−29.19
Dividends paid	HK$8.0MFY2021	HK$10.7MFY2025	+10.2%/yr
Capex / revenue	0.0%FY2021	1.2%FY2026	+1.2 pts

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

RITR cash flow by activity

OperatingInvestingFinancingChange in cash

RITR 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).

RITR cash flow statement in Hong Kong dollars

Reitar Logtech Holdings Limited annual cash flow statement
	FY2026	FY2025	FY2024	FY2022	FY2021
Operating activities
Net income	−HK$153.1M	HK$2.4M	HK$19.6M	HK$19.2M	HK$4.5M
Depreciation & amortization	HK$21.9M	HK$5.5M	HK$4.8M	HK$33,720	HK$12,098
Change in working capital	−HK$70.7M	−HK$87.1M	−HK$51.7M	−HK$17.0M	HK$11.8M
Other non-cash items	HK$126.7M	HK$16.8M	HK$8.5M	HK$700,545	HK$74,358
Cash from operating activities	−HK$75.2M	−HK$62.4M	−HK$18.7M	HK$2.9M	HK$16.4M
Investing activities
Capital expenditures	−HK$2.7M	−HK$3.9M	−HK$517,697	−HK$142,075	−HK$21,000
Investments (net)	−HK$741,752	−HK$8.7M	−HK$12.8M	−HK$134,651	−HK$21,000
Acquisitions & other investing	HK$1.5M	HK$3.9M	—	—	—
Cash from investing activities	−HK$1.9M	−HK$8.7M	—	—	—
Financing activities
Dividends paid	—	−HK$10.7M	HK$0	−HK$10.7M	−HK$8.0M
Net borrowing (repayment)	HK$30.7M	HK$38.3M	HK$22.4M	HK$3.6M	—
Shares issued	HK$15.7M	HK$67.4M	HK$0	HK$0	HK$0
Other financing	HK$100,869	−HK$3.1M	−HK$13.0M	HK$2.2M	HK$700,862
Cash from financing activities	HK$46.5M	HK$91.9M	HK$9.4M	−HK$4.8M	−HK$7.3M
Summary
Net change in cash	−HK$30.6M	HK$20.8M	−HK$22.2M	−HK$2.1M	HK$9.1M
Cash at end of period	HK$14.6M	HK$45.2M	HK$24.5M	HK$8.6M	HK$10.7M
Free cash flow	−HK$77.8M	−HK$66.3M	−HK$19.3M	HK$2.8M	HK$16.4M
Free cash flow margin	−35.1%	−17.5%	−7.6%	1.9%	22.4%
Capex / revenue	1.2%	1.0%	0.2%	0.1%	0.0%
Operating cash flow / net income	—	−25.55	−0.95	0.15	3.64

Reitar Logtech Holdings Limited quarterly cash flow statement
	Jun '26	Dec '25	Sep '25	Jun '25	Dec '24	Sep '24	Jun '24	Dec '23	Jun '23	Mar '23
Operating activities
Net income	−HK$56.6M	−HK$56.6M	−HK$39.8M	−HK$20.0M	−HK$8.3M	HK$3.1M	HK$12.2M	HK$8.0M	HK$1.9M	HK$542,584
Depreciation & amortization	HK$17.5M	HK$8.7M	HK$4.0M	HK$2.2M	HK$1.5M	HK$325,398	HK$1.3M	HK$1.2M	HK$1.3M	HK$173,041
Change in working capital	−HK$39.7M	−HK$39.7M	−HK$12.7M	HK$4.4M	HK$18.6M	−HK$11.6M	−HK$61.9M	−HK$22.6M	−HK$10.6M	HK$5.6M
Other non-cash items	HK$33.2M	HK$64.9M	HK$18.8M	−HK$1.5M	−HK$15.9M	HK$1.2M	HK$21.4M	HK$15.7M	−HK$4.2M	−HK$368,344
Cash from operating activities	−HK$45.6M	−HK$22.7M	−HK$29.7M	−HK$14.9M	−HK$4.1M	−HK$6.9M	−HK$27.1M	HK$2.2M	−HK$11.6M	HK$6.0M
Investing activities
Capital expenditures	−HK$15,198	−HK$15,198	−HK$2.6M	−HK$1.3M	−HK$1.9M	−HK$2,772	−HK$10,801	−HK$226,686	−HK$32,171	−HK$41,607
Acquisitions & other investing	−HK$5.0M	−HK$2.5M	HK$5.6M	HK$2.8M	−HK$1.6M	—	−HK$863,112	−HK$322,517	−HK$5.8M	—
Cash from investing activities	−HK$5.0M	−HK$2.5M	HK$3.0M	HK$1.5M	−HK$3.5M	—	−HK$873,913	−HK$549,203	−HK$5.9M	—
Financing activities
Shares issued	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other financing	HK$38.6M	HK$19.2M	HK$8.1M	HK$4.1M	HK$5.7M	HK$10.3M	HK$40.2M	−HK$472,464	HK$5.2M	−HK$2.1M
Cash from financing activities	HK$38.6M	HK$19.2M	HK$8.1M	HK$4.1M	HK$5.7M	HK$10.3M	HK$40.2M	−HK$472,464	HK$5.2M	−HK$2.1M
Summary
Net change in cash	−HK$12.1M	−HK$3.8M	−HK$18.7M	−HK$482,781	HK$24.7M	—	—	—	—	—
Cash at end of period	HK$14.6M	HK$45.2M	HK$26.5M	HK$45.2M	HK$6.3M	HK$6.3M	HK$24.4M	HK$22.0M	HK$5.9M	HK$5.9M
Free cash flow	−HK$22.7M	−HK$22.7M	−HK$32.4M	−HK$16.2M	−HK$6.0M	−HK$6.9M	−HK$27.1M	HK$2.0M	−HK$11.6M	HK$5.9M
Free cash flow margin	−27.2%	−27.2%	−58.6%	−58.6%	−6.6%	−27.9%	−27.9%	2.2%	−31.5%	120.0%
Capex / revenue	0.0%	0.0%	4.8%	4.8%	2.1%	0.0%	0.0%	0.3%	0.1%	0.8%
Operating cash flow / net income	—	—	—	—	—	−2.22	−2.22	0.28	−6.04	11.01

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

RITR cash generation

In fiscal 2026 (ended March 31, 2026), Reitar Logtech generated -HK$75.2 million of cash from operations and spent HK$2.7 million on capital expenditures, leaving free cash flow of -HK$77.8 million, −35.1% of revenue. Cash and equivalents fell by HK$30.6 million over the year.

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

RITR cash flow FAQ

What is Reitar Logtech's free cash flow?

Reitar Logtech's free cash flow was -HK$77.8 million in fiscal 2026: -HK$75.2 million of operating cash flow minus HK$2.7 million of capital expenditures It was -HK$66.3 million a year earlier..

How much cash does Reitar Logtech generate from operations?

Reitar Logtech generated -HK$75.2 million of cash from operating activities in fiscal 2026.

How much does Reitar Logtech spend on capital expenditures?

Reitar Logtech spent HK$2.7 million on capital expenditures in fiscal 2026, 1.2% of revenue, compared with HK$3.9 million the year before.