Connexa Sports Technologies Inc. (YYAI) Cash Flow Statement
Where YYAI’s cash came from and went, FY2026
April 30, 2026 · U.S. dollars- Cash from operations
- −$20.9M
- Capital expenditures
- $0 0.0% of revenue
- Free cash flow
- −$20.9M −80.8% margin
- Returned to shareholders
- —
- Change in cash
- $12.7M cash at year-end $12.8M
Cash from operations
−$20.9M
Acquisitions & other
−$164.1M
Other financing
+$197.7M
Change in cash
$12.7M
Drawn to scale: where the cash came from and how it was used. Hover for values.
YYAI operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
YYAI cash flow trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $9,270FY2017 | −$20.9MFY2026 | — | |
| Capital expenditures | $3,000FY2017 | $0FY2026 | −100.0% | |
| Free cash flow | $6,270FY2017 | −$20.9MFY2026 | — | |
| Free cash flow margin | 42.7%FY2017 | −80.8%FY2026 | −123.5 pts | |
| Operating cash flow / net income | 2.44FY2017 | −0.08FY2025 | −2.53 | |
| Stock-based compensation | $3.7MFY2020 | $62,500FY2025 | −55.9%/yr | |
| Dividends paid | $332,239FY2019 | $0FY2021 | −100.0% | |
| Capex / revenue | 20.4%FY2017 | 0.0%FY2026 | −20.4 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
YYAI cash flow by activity
OperatingInvestingFinancingChange in cash
YYAI 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).
YYAI cash flow statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | — | $4.6M | $2.6M | −$71.2M | −$46.5M | −$18.6M | −$9.2M | −$28,289 | −$7,780 | $3,792 |
| Depreciation & amortization | $8.8M | $3.0M | $1.2M | $11.6M | $49,983 | $2,730 | $650 | $2,600 | $2,466 | $250 |
| Stock-based compensation | — | $62,500 | $295,958 | $746,511 | $32.5M | $70,997 | $3.7M | — | — | — |
| Change in working capital | −$19.5M | −$8.4M | −$3.8M | $4.0M | −$254,161 | −$814,727 | −$646,955 | −$2,099 | −$3,774 | $5,228 |
| Other non-cash items | — | $330,488 | $2.2M | $48.5M | $1.9M | $14.8M | $1.9M | $0 | $0 | $0 |
| Cash from operating activities | −$20.9M | −$379,384 | $2.5M | −$6.4M | −$12.4M | −$4.5M | −$4.2M | −$27,788 | −$9,088 | $9,270 |
| Investing activities | ||||||||||
| Capital expenditures | $0 | $0 | −$3 | $0 | $0 | −$3 | −$4 | $0 | −$4,800 | −$3,000 |
| Investments (net) | — | — | −$16.5M | $0 | −$1.6M | −$30,000 | $73,400 | $0 | — | — |
| Acquisitions & other investing | −$164.1M | — | $3 | −$1.6M | $0 | $3 | $4 | $73,400 | $0 | $0 |
| Cash from investing activities | −$164.1M | — | −$16.5M | −$1.6M | −$1.6M | −$30,000 | $73,400 | $73,400 | −$4,800 | −$3,000 |
| Financing activities | ||||||||||
| Dividends paid | — | — | — | — | — | $0 | −$332,239 | −$332,239 | — | — |
| Share repurchases & issuance (net) | — | — | — | — | — | — | — | $1,200 | — | — |
| Net borrowing (repayment) | — | — | $1.5M | −$2.9M | −$2.9M | $5.4M | $4.5M | $9,000 | — | — |
| Shares issued | $0 | $0 | $18.0M | $8.7M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $197.7M | $394,781 | −$21.9M | $0 | $16.7M | $0 | $0 | $331,039 | $18,700 | $4,600 |
| Cash from financing activities | $197.7M | $394,781 | −$2.4M | $5.8M | $13.7M | $5.4M | $4.2M | $9,000 | $18,700 | $4,600 |
| Summary | ||||||||||
| Net change in cash | $12.7M | $15,393 | −$162,744 | −$462,907 | −$263,794 | $848,949 | $77,853 | −$18,788 | $4,812 | $10,870 |
| Cash at end of period | $12.8M | $54,744 | $39,351 | $202,095 | $665,002 | $928,796 | $79,847 | $1,994 | $20,782 | $15,970 |
| Free cash flow | −$20.9M | −$379,384 | $2.5M | −$6.4M | −$12.4M | −$4.5M | −$4.2M | −$27,790 | −$9,090 | $6,270 |
| Free cash flow margin | −80.8% | −3.0% | 47.9% | −64.1% | −76.8% | −41.8% | −613.3% | — | −68.7% | 42.7% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | 36.3% | 20.4% |
| Operating cash flow / net income | — | −0.08 | 0.95 | — | — | — | — | — | — | 2.44 |
| Jul '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | Jul '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$507,193 | −$1.6M | $156,505 | $882,652 | $10,389 | $123,724 | $1.9M | $2.1M | $1.8M | $279,417 | $1.8M | −$846,765 |
| Depreciation & amortization | $5.6M | $744,231 | $744,231 | $744,231 | $744,230 | $744,231 | $744,231 | $744,231 | $744,231 | $317,620 | $0 | $115,072 |
| Stock-based compensation | — | — | — | — | — | — | — | $2.5M | $0 | $267,896 | $0 | −$746,511 |
| Change in working capital | $23.6M | $36.3M | −$32.3M | −$2.0M | −$2.1M | −$1.2M | −$2.2M | −$2.8M | −$3.0M | −$2.8M | $472,358 | $1.5M |
| Other non-cash items | −$1.0M | $236,192 | $545,950 | −$703,479 | $905,027 | $240,570 | $390,231 | −$3.1M | $2.5M | $3.0M | −$3.1M | $227,423 |
| Cash from operating activities | $27.7M | $35.7M | −$30.8M | −$1.1M | −$423,743 | −$133,789 | $779,442 | −$601,294 | $2.0M | $1.1M | −$915,254 | $267,198 |
| Investing activities | ||||||||||||
| Capital expenditures | −$3 | $0 | −$3 | −$3 | $0 | $0 | $0 | −$4 | −$3 | −$4 | −$4 | $0 |
| Acquisitions & other investing | −$29.4M | −$129.8M | −$36.0M | $7 | — | — | — | — | −$16.5M | — | — | — |
| Cash from investing activities | −$29.4M | −$129.8M | −$36.0M | $4 | — | — | — | — | −$16.5M | — | — | — |
| Financing activities | ||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | −$450,000 |
| Share repurchases & issuance (net) | — | — | — | — | — | — | — | — | — | — | — | −$450,000 |
| Net borrowing (repayment) | — | — | — | — | — | — | −$69,450 | −$3,218 | — | — | — | −$601,002 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.0M | $0 | $0 |
| Other financing | $70,346 | $24.3M | $172.3M | $1.1M | — | −$416,068 | −$121,285 | $610,021 | −$2.4M | −$18.6M | $1.3M | $900,002 |
| Cash from financing activities | $70,346 | $24.3M | $172.3M | $1.1M | — | −$416,068 | −$190,735 | $606,803 | −$2.4M | −$654,479 | $1.3M | −$601,000 |
| Summary | ||||||||||||
| Net change in cash | −$1.7M | −$69.8M | $105.5M | −$2,051 | −$28,966 | −$549,857 | −$68,314 | $1.7M | −$17.2M | $16.9M | −$100,598 | $184,364 |
| Cash at end of period | $11.1M | $35.7M | $105.5M | $52,693 | $54,744 | $83,710 | $1.6M | $1.7M | $39,351 | $17.2M | $285,861 | $386,459 |
| Free cash flow | $27.7M | $35.7M | −$30.8M | −$1.1M | −$423,743 | −$133,789 | $779,440 | −$601,290 | $2.0M | $1.1M | −$915,250 | $267,200 |
| Free cash flow margin | 130.3% | 512.1% | −1,026.9% | −36.1% | −14.1% | −4.1% | 23.8% | −18.4% | 52.9% | 238.7% | −39.9% | 8.6% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | — | — | −196.84 | −1.23 | −40.79 | −1.08 | 0.42 | −0.29 | 1.11 | 4.11 | −0.52 | — |
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.
YYAI cash generation
In fiscal 2026 (ended April 30, 2026), Connexa Sports Technologies generated -$20.9 million of cash from operations and spent $0 on capital expenditures, leaving free cash flow of -$20.9 million, −80.8% of revenue. Cash and equivalents rose by $12.7 million over the year.
Related: YYAI income statement, YYAI balance sheet. See the YYAI stock overview for the latest quote and news.
YYAI cash flow FAQ
What is Connexa Sports Technologies's free cash flow?
Connexa Sports Technologies's free cash flow was -$20.9 million in fiscal 2026: -$20.9 million of operating cash flow minus $0 of capital expenditures It was -$0.4 million a year earlier..
How much cash does Connexa Sports Technologies generate from operations?
Connexa Sports Technologies generated -$20.9 million of cash from operating activities in fiscal 2026.