SAGTEC GLOBAL LIMITED (SAGT) Cash Flow Statement

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

Where SAGT’s cash came from and went, 2025

December 31, 2025 · MYR

Cash from operations: RM 15.5M
Capital expenditures: RM 27.7M
Free cash flow: −RM 12.2M
Returned to shareholders: —
Change in cash: RM 9.4M

Cash from operations

RM 15.5M

Capital expenditures

−RM 27.7M

Acquisitions & other

+RM 789,152

Net borrowing (repayment)

+RM 1.5M

Shares issued

+RM 20.0M

Other financing

−RM 1.7M

Currency & other

+RM 1.0M

Change in cash

RM 9.4M

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

SAGT operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

SAGT cash flow trends, 2022–2025

SAGTEC GLOBAL LIMITED cash flow trends
Metric	Then	Latest	Change
Operating cash flow	RM 3.9M2022	RM 15.5M2025	+58.8%/yr
Capital expenditures	RM 4.7M2022	RM 27.7M2025	+80.3%/yr
Free cash flow	−RM 871,3812022	−RM 12.2M2025	—
Free cash flow margin	−6.7%2022	−16.7%2025	−10.0 pts
Operating cash flow / net income	1.632022	2.302025	+0.67
Stock-based compensation	RM 02023	RM 2.5M2025	—
Dividends paid	RM 02022	RM 02025	—
Capex / revenue	36.4%2022	37.7%2025	+1.4 pts

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

SAGT cash flow by activity

OperatingInvestingFinancingChange in cash

SAGT 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).

SAGT cash flow statement in MYR

SAGTEC GLOBAL LIMITED annual cash flow statement
	2025	2024	2023	2022
Operating activities
Net income	RM 6.7M	RM 7.2M	RM 4.7M	RM 2.4M
Depreciation & amortization	RM 3.6M	RM 1.7M	RM 1.7M	RM 1.4M
Stock-based compensation	RM 2.5M	RM 0	RM 0	—
Change in working capital	RM 449,571	−RM 5.8M	−RM 5.2M	−RM 912,067
Other non-cash items	RM 2.2M	RM 2.7M	RM 1.2M	RM 979,552
Cash from operating activities	RM 15.5M	RM 5.8M	RM 2.5M	RM 3.9M
Investing activities
Capital expenditures	−RM 27.7M	−RM 4.9M	−RM 5.5M	−RM 4.7M
Investments (net)	—	−RM 4.9M	−RM 5.6M	−RM 4.7M
Acquisitions & other investing	RM 789,152	RM 4.9M	RM 5.5M	RM 4.7M
Cash from investing activities	−RM 26.9M	−RM 4.9M	−RM 5.6M	−RM 4.7M
Financing activities
Dividends paid	RM 0	RM 0	RM 0	RM 0
Net borrowing (repayment)	RM 1.5M	RM 296,162	RM 2.3M	RM 77,960
Shares issued	RM 20.0M	RM 0	RM 645,380	RM 0
Other financing	−RM 1.7M	−RM 555,037	RM 612,773	RM 565,497
Cash from financing activities	RM 19.8M	−RM 258,875	RM 3.5M	RM 643,457
Summary
Net change in cash	RM 9.4M	RM 611,135	RM 429,954	−RM 227,924
Cash at end of period	RM 10.9M	RM 370,129	−RM 241,006	−RM 670,960
Free cash flow	−RM 12.2M	RM 870,010	−RM 3.1M	−RM 871,381
Free cash flow margin	−16.7%	1.7%	−10.5%	−6.7%
Capex / revenue	37.7%	9.4%	18.9%	36.4%
Operating cash flow / net income	2.30	0.80	0.53	1.63

SAGTEC GLOBAL LIMITED quarterly cash flow statement
	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Dec '23	Jun '23
Operating activities
Net income	−RM 658,962	−RM 3.7M	RM 3.1M	RM 7.5M	RM 5.1M	RM 3.7M	RM 1.4M	RM 1.9M	RM 5.3M	−RM 953,849
Depreciation & amortization	RM 2.3M	RM 1.3M	RM 1.1M	RM 1.4M	RM 943,735	RM 475,582	RM 459,475	RM 806,114	RM 673,706	RM 1.1M
Change in working capital	RM 22.0M	RM 6.9M	RM 16.8M	−RM 22.3M	−RM 5.3M	−RM 2.9M	−RM 2.3M	−RM 606,608	−RM 6.6M	RM 1.6M
Other non-cash items	RM 5.1M	RM 4.2M	RM 707,838	RM 58,730	RM 2.1M	RM 1.1M	RM 1.0M	RM 650,226	RM 1.9M	−RM 662,433
Cash from operating activities	RM 28.7M	RM 8.6M	RM 21.7M	−RM 13.4M	RM 2.9M	RM 2.3M	RM 617,263	RM 2.7M	RM 1.2M	RM 1.1M
Investing activities
Capital expenditures	−RM 13.6M	−RM 2.4M	−RM 11.0M	−RM 15.2M	−RM 2.5M	−RM 230,000	−RM 2.0M	−RM 2.6M	−RM 1.2M	−RM 4.3M
Investments (net)	—	—	−RM 11.0M	—	—	−RM 230,000	−RM 2.0M	—	—	—
Acquisitions & other investing	RM 34,334	—	RM 11.0M	RM 802,186	−RM 13	—	RM 2.0M	RM 14	RM 1,250	−RM 28,922
Cash from investing activities	−RM 13.6M	—	−RM 11.0M	−RM 14.4M	−RM 2.5M	—	−RM 2.0M	−RM 2.6M	−RM 1.2M	−RM 4.3M
Financing activities
Dividends paid	—	RM 0	RM 0	—	—	RM 0	RM 0	—	—	—
Net borrowing (repayment)	—	RM 2.2M	−RM 325,351	—	—	−RM 467,591	RM 91,699	—	—	—
Shares issued	RM 0	RM 26,796	RM 0	RM 0	RM 0	RM 0	RM 0	RM 0	RM 0	RM 0
Other financing	−RM 8.0M	−RM 588,180	−RM 11.0M	RM 29.4M	−RM 319,578	RM 242,724	−RM 465,198	RM 459,646	RM 1.5M	RM 2.2M
Cash from financing activities	−RM 8.0M	RM 1.6M	−RM 11.3M	RM 29.4M	−RM 319,578	−RM 224,867	−RM 373,499	RM 459,646	RM 1.5M	RM 2.2M
Summary
Net change in cash	RM 7.5M	RM 7.8M	−RM 594,629	RM 1.9M	RM 854,040	RM 1.9M	−RM 1.8M	−RM 2,060	RM 820,455	—
Cash at end of period	RM 10.9M	RM 9.2M	RM 1.3M	RM 3.5M	RM 1.7M	RM 370,129	−RM 1.5M	RM 842,966	RM 820,455	—
Free cash flow	RM 15.0M	RM 6.2M	RM 10.7M	−RM 28.6M	RM 423,343	RM 2.1M	−RM 1.4M	RM 81,758	RM 16,663	−RM 3.2M
Free cash flow margin	52.4%	45.2%	67.4%	−61.9%	1.3%	10.6%	−11.1%	0.4%	0.1%	−43.7%
Capex / revenue	47.5%	17.3%	69.4%	32.9%	7.5%	1.2%	16.0%	13.4%	5.5%	58.0%
Operating cash flow / net income	—	—	6.95	−1.78	0.56	0.62	0.43	1.46	0.23	—

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

SAGT cash generation

In fiscal 2025 (ended December 31, 2025), SAGTEC GLOBAL LIMITED generated RM 15.5 million of cash from operations (up 168.0%) and spent RM 27.7 million on capital expenditures, leaving free cash flow of -RM 12.2 million, −16.7% of revenue. Cash and equivalents rose by RM 9.4 million over the year.

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

SAGT cash flow FAQ

What is SAGTEC GLOBAL LIMITED's free cash flow?

SAGTEC GLOBAL LIMITED's free cash flow was -RM 12.2 million in fiscal 2025: RM 15.5 million of operating cash flow minus RM 27.7 million of capital expenditures It was RM 0.9 million a year earlier..

How much cash does SAGTEC GLOBAL LIMITED generate from operations?

SAGTEC GLOBAL LIMITED generated RM 15.5 million of cash from operating activities in fiscal 2025, 2.30 times its net income of RM 6.7 million.

How much does SAGTEC GLOBAL LIMITED spend on capital expenditures?

SAGTEC GLOBAL LIMITED spent RM 27.7 million on capital expenditures in fiscal 2025, 37.7% of revenue, compared with RM 4.9 million the year before.