Grupo Supervielle S.A. (SUPV) Cash Flow Statement
Where SUPV’s cash came from and went, 2025
December 31, 2025 · Argentine pesos- Cash from operations
- −ARS 1.05T −301.7% vs 2024
- Capital expenditures
- ARS 84.37B 3.6% of revenue
- Free cash flow
- −ARS 1.13T −48.6% margin
- Returned to shareholders
- ARS 38.31B
- Change in cash
- ARS 734.86B cash at year-end ARS 1.74T
Cash from operations
−ARS 1.05T
Capital expenditures
−ARS 84.37B
Acquisitions & other
+ARS 1.21T
Dividends
−ARS 38.31B
Net borrowing (repayment)
+ARS 532.61B
Other financing
−ARS 9.80B
Currency & other
+ARS 169.16B
Change in cash
ARS 734.86B
Drawn to scale: where the cash came from and how it was used. Hover for values.
SUPV operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
SUPV cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −ARS 294.3M2016 | −ARS 1.05T2025 | — | |
| Capital expenditures | ARS 494.3M2016 | ARS 84.37B2025 | +77.0%/yr | |
| Free cash flow | −ARS 788.6M2016 | −ARS 1.13T2025 | — | |
| Free cash flow margin | −5.6%2016 | −48.6%2025 | −43.0 pts | |
| Operating cash flow / net income | −0.222016 | 4.962024 | +5.19 | |
| Stock-based compensation | ARS 10.36B2018 | ARS 7.80B2025 | −4.0%/yr | |
| Dividends paid | ARS 25.5M2016 | ARS 38.31B2025 | +125.4%/yr | |
| Share buybacks (net) | ARS 1.32B2016 | ARS 02025 | −100.0% | |
| Capex / revenue | 3.5%2016 | 3.6%2025 | +0.1 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SUPV cash flow by activity
OperatingInvestingFinancingChange in cash
SUPV 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).
SUPV cash flow statement in Argentine pesos
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −ARS 56.60B | ARS 104.57B | ARS 51.62B | −ARS 5.03B | −ARS 29.5M | ARS 4.15B | ARS 3.23B | −ARS 6.34B | −ARS 1.16B | ARS 1.31B |
| Depreciation & amortization | ARS 73.41B | ARS 52.26B | ARS 91.47B | ARS 10.10B | ARS 4.23B | −ARS 2.41B | ARS 894.2M | ARS 905.5M | ARS 956.8M | ARS 209.9M |
| Stock-based compensation | ARS 7.80B | ARS 0 | ARS 0 | — | −ARS 6.18B | ARS 13.34B | −ARS 11.77B | ARS 10.36B | — | — |
| Change in working capital | −ARS 492.52B | ARS 1.97T | ARS 395.04B | ARS 78.91B | ARS 45.17B | ARS 38.20B | −ARS 2.31B | ARS 68.53B | ARS 11.97B | — |
| Other non-cash items | −ARS 578.40B | −ARS 1.61T | −ARS 380.18B | −ARS 82.31B | −ARS 34.21B | −ARS 43.23B | −ARS 8.18B | −ARS 18.03B | −ARS 39.58B | −ARS 1.82B |
| Cash from operating activities | −ARS 1.05T | ARS 518.86B | ARS 157.95B | ARS 1.66B | ARS 8.98B | ARS 10.06B | −ARS 18.14B | ARS 55.42B | −ARS 27.82B | −ARS 294.3M |
| Investing activities | ||||||||||
| Capital expenditures | −ARS 84.37B | −ARS 57.39B | −ARS 49.94B | −ARS 8.36B | −ARS 5.16B | −ARS 4.69B | −ARS 871.1M | −ARS 5.98B | −ARS 1.51B | −ARS 494.3M |
| Investments (net) | — | −ARS 46.24B | −ARS 5.49B | −ARS 7.55B | −ARS 4.84B | −ARS 4.35B | −ARS 1.30B | −ARS 3.10B | −ARS 282.8M | −ARS 477.3M |
| Acquisitions & other investing | ARS 1.21T | ARS 57.39B | ARS 36.55B | ARS 8.88B | ARS 5.16B | ARS 4.72B | ARS 590.3M | −ARS 220.6M | ARS 1.18B | ARS 494.3M |
| Cash from investing activities | ARS 1.13T | −ARS 46.24B | −ARS 18.89B | −ARS 7.04B | −ARS 4.84B | −ARS 4.32B | −ARS 1.58B | −ARS 9.30B | −ARS 613.1M | −ARS 477.3M |
| Financing activities | ||||||||||
| Dividends paid | −ARS 38.31B | −ARS 27.96B | ARS 0 | −ARS 491.9M | −ARS 514.7M | −ARS 530.1M | −ARS 303.0M | −ARS 687.7M | −ARS 170.4M | −ARS 25.5M |
| Share repurchases & issuance (net) | ARS 0 | −ARS 9.92B | −ARS 858.8M | −ARS 1.38B | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 5.06B | −ARS 1.32B |
| Net borrowing (repayment) | ARS 532.61B | ARS 40.86B | −ARS 14.70B | −ARS 8.15B | −ARS 9.62B | −ARS 12.33B | −ARS 17.88B | −ARS 861.4M | ARS 14.49B | −ARS 868.8M |
| Shares issued | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 |
| Other financing | −ARS 9.80B | −ARS 1.05T | −ARS 988.15B | −ARS 2.55B | −ARS 2.43B | −ARS 1.37B | ARS 13.83B | −ARS 12.44B | ARS 9.04B | ARS 4.60B |
| Cash from financing activities | ARS 484.51B | −ARS 1.05T | −ARS 1.00T | −ARS 12.57B | −ARS 12.56B | −ARS 14.23B | −ARS 4.35B | −ARS 13.99B | ARS 28.43B | ARS 2.39B |
| Summary | ||||||||||
| Net change in cash | ARS 734.86B | ARS 214.53B | ARS 83.31B | −ARS 32.73B | −ARS 14.84B | ARS 1.36B | −ARS 19.04B | ARS 49.72B | ARS 21.59B | ARS 2.07B |
| Cash at end of period | ARS 1.74T | ARS 762.74B | ARS 252.72B | ARS 54.40B | ARS 44.73B | ARS 39.47B | ARS 27.94B | ARS 98.38B | ARS 48.66B | ARS 9.69B |
| Free cash flow | −ARS 1.13T | ARS 461.47B | ARS 133.20B | −ARS 6.70B | ARS 3.81B | ARS 5.37B | −ARS 19.01B | ARS 49.44B | −ARS 29.32B | −ARS 788.6M |
| Free cash flow margin | −48.6% | 22.6% | 4.4% | −0.3% | 0.5% | 2.2% | −12.3% | 52.0% | −56.9% | −5.6% |
| Capex / revenue | 3.6% | 2.8% | 1.7% | 0.4% | 0.7% | 1.9% | 0.6% | 6.3% | 2.9% | 3.5% |
| Operating cash flow / net income | — | 4.96 | 3.06 | — | — | 2.42 | −5.62 | — | — | −0.22 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | ARS 12.84B | −ARS 22.35B | −ARS 19.71B | −ARS 37.84B | ARS 11.84B | ARS 7.52B | ARS 35.38B | ARS 24.89B | ARS 44.34B | ARS 46.47B | ARS 32.76B | ARS 9.48B |
| Depreciation & amortization | ARS 25.77B | ARS 22.20B | — | — | ARS 22.20B | ARS 18.92B | ARS 16.63B | ARS 9.80B | ARS 13.82B | ARS 12.18B | ARS 12.82B | ARS 16.47B |
| Stock-based compensation | ARS 1.98B | ARS 1.01B | — | — | ARS 0 | ARS 0 | — | — | — | — | — | — |
| Change in working capital | ARS 293.47B | −ARS 262.47B | ARS 245.92B | −ARS 511.01B | −ARS 40.39B | ARS 38.72B | −ARS 1.99B | ARS 605.92B | ARS 210.10B | ARS 907.01B | ARS 514.53B | ARS 437.08B |
| Other non-cash items | −ARS 236.40B | ARS 261.32B | −ARS 136.96B | −ARS 51.43B | −ARS 144.57B | −ARS 104.56B | −ARS 95.61B | −ARS 147.12B | −ARS 177.08B | −ARS 104.87B | −ARS 36.69B | −ARS 54.44B |
| Cash from operating activities | ARS 97.65B | −ARS 297.6M | ARS 89.25B | −ARS 600.29B | −ARS 150.91B | −ARS 39.40B | −ARS 45.60B | ARS 493.48B | ARS 91.17B | ARS 860.79B | ARS 523.43B | ARS 408.60B |
| Investing activities | ||||||||||||
| Capital expenditures | −ARS 16.16B | −ARS 6.1M | −ARS 33.22B | −ARS 15.60B | −ARS 14.31B | −ARS 5.99B | −ARS 25.02B | −ARS 16.06B | −ARS 11.58B | −ARS 4.57B | −ARS 14.99B | −ARS 5.13B |
| Investments (net) | — | — | — | — | −ARS 9.04B | −ARS 9.24B | −ARS 19.49B | −ARS 14.24B | −ARS 8.95B | −ARS 3.56B | −ARS 9.73B | −ARS 5.69B |
| Acquisitions & other investing | ARS 79.66B | ARS 395.6M | ARS 445.82B | ARS 416.64B | ARS 243.96B | −ARS 105.11B | — | ARS 16.06B | ARS 11.58B | ARS 4.57B | ARS 14.99B | ARS 5.73B |
| Cash from investing activities | ARS 63.50B | ARS 389.5M | ARS 412.60B | ARS 401.04B | ARS 220.62B | −ARS 120.34B | — | −ARS 14.24B | −ARS 8.95B | −ARS 3.56B | −ARS 9.73B | −ARS 5.09B |
| Financing activities | ||||||||||||
| Dividends paid | ARS 0 | −ARS 32.9M | −ARS 1.01B | −ARS 497.5M | −ARS 26.50B | −ARS 2.08B | −ARS 2.08B | −ARS 2.80B | −ARS 23.08B | ARS 0 | ARS 0 | ARS 0 |
| Share repurchases & issuance (net) | — | — | — | — | — | −ARS 737.0M | −ARS 737.0M | −ARS 1.65B | −ARS 7.53B | −ARS 298.6M | −ARS 298.6M | −ARS 144.7M |
| Net borrowing (repayment) | −ARS 93.05B | −ARS 9.15B | — | — | ARS 169.86B | ARS 161.68B | ARS 18.50B | ARS 21.38B | ARS 976.8M | — | — | −ARS 5.72B |
| Shares issued | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 | ARS 0 |
| Other financing | −ARS 236.42B | ARS 8.91B | −ARS 719.99B | ARS 719.42B | ARS 25.32B | ARS 127.82B | −ARS 13.43B | ARS 11.73B | −ARS 723.0M | −ARS 841.23B | −ARS 445.06B | −ARS 354.62B |
| Cash from financing activities | −ARS 329.47B | −ARS 281.3M | −ARS 720.99B | ARS 718.93B | ARS 168.68B | ARS 286.68B | ARS 2.26B | ARS 28.66B | −ARS 30.36B | −ARS 841.52B | −ARS 445.36B | −ARS 360.49B |
| Summary | ||||||||||||
| Net change in cash | −ARS 1.62T | −ARS 282.03B | — | −ARS 1.17T | −ARS 47.56B | ARS 121.08B | −ARS 83.01B | ARS 506.49B | ARS 1.81B | ARS 39.32B | ARS 130.30B | ARS 47.89B |
| Cash at end of period | ARS 1.56T | ARS 1.62T | ARS 1.90T | — | ARS 1.17T | ARS 1.22T | ARS 762.74B | ARS 845.75B | ARS 292.04B | ARS 292.04B | ARS 252.72B | ARS 122.42B |
| Free cash flow | ARS 81.49B | −ARS 303.8M | ARS 56.03B | −ARS 615.89B | −ARS 165.22B | −ARS 45.40B | −ARS 70.61B | ARS 477.42B | ARS 79.59B | ARS 856.22B | ARS 508.43B | ARS 403.47B |
| Free cash flow margin | 14.9% | −0.1% | 9.6% | −190,465.8% | −37.6% | −13.0% | −22.6% | 133.8% | 14.4% | 91.1% | 65.0% | 50.8% |
| Capex / revenue | 2.9% | 0.0% | 5.7% | 4,823.4% | 3.3% | 1.7% | 8.0% | 4.5% | 2.1% | 0.5% | 1.9% | 0.6% |
| Operating cash flow / net income | 7.60 | — | — | — | −12.74 | −5.24 | −1.29 | 19.83 | 2.06 | 18.52 | 15.98 | 43.09 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Argentine pesos as reported; data from EODHD.
SUPV cash generation
In fiscal 2025 (ended December 31, 2025), Grupo Supervielle generated -ARS 1.05 trillion of cash from operations (down 301.7%) and spent ARS 84.4 billion on capital expenditures, leaving free cash flow of -ARS 1.13 trillion, −48.6% of revenue. It returned ARS 38.3 billion to shareholders through dividends (ARS 38.3 billion) and net share buybacks (ARS 0). Cash and equivalents rose by ARS 734.9 billion over the year.
Related: SUPV income statement, SUPV balance sheet, SUPV dividend history. See the SUPV stock overview for the latest quote and news.
SUPV cash flow FAQ
What is Grupo Supervielle's free cash flow?
Grupo Supervielle's free cash flow was -ARS 1.13 trillion in fiscal 2025: -ARS 1.05 trillion of operating cash flow minus ARS 84.4 billion of capital expenditures It was ARS 461.5 billion a year earlier..
How much cash does Grupo Supervielle generate from operations?
Grupo Supervielle generated -ARS 1.05 trillion of cash from operating activities in fiscal 2025.
How much does Grupo Supervielle spend on capital expenditures?
Grupo Supervielle spent ARS 84.4 billion on capital expenditures in fiscal 2025, 3.6% of revenue, compared with ARS 57.4 billion the year before.
How much does Grupo Supervielle pay in dividends?
Grupo Supervielle paid ARS 38.3 billion in dividends in fiscal 2025.