Cash conversion efficiency remains inconsistent, highlighted by a negative operating cash flow of $526.1K in 2024Q4 despite the company reporting $2.6M in net income for the same period.
| Cash from Operations | 2.22M | 3.15M | 2.19M | -3.65M |
| Operating CF Margin % | 1.88% | 2.17% | 1.3% | -2.59% |
| Operating CF Growth % | -29.75% | 43.99% | 159.95% | - |
| Net Income | 3.96M | 8.59M | 4.09M | 1.46M |
| Depreciation & Amortization | 1.56M | 898.5K | 983.21K | 805.49K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.63M | 8.29K | 25.72K | 1.48M |
| Working Capital Changes | -3.38M | -6.34M | -2.91M | -7.4M |
| Change in Receivables | 755.82K | 5.52M | -5.53M | 3.13M |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Change in Payables | -2.45M | -12.92M | 8.98M | -2.39M |
| Cash from Investing | -2.28M | -407.35K | -1.45M | -2.26M |
| Capital Expenditures | -958.93K | -104.64K | -15.34K | -208.19K |
| CapEx % of Revenue | 0.81% | 0.07% | 0.01% | 0.15% |
| Acquisitions | 0 | 0 | 2.21M | -464.73K |
| Investments | - | - | - | - |
| Other Investing | 0 | -302.7K | -3.64M | -1.59M |
| Cash from Financing | -3.71M | 107.99K | 4.52M | -3.6M |
| Debt Issued (Net) | -108.14K | 107.99K | 0 | 125K |
| Equity Issued (Net) | -1.11M | 0 | 0 | -3.61M |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -3.61M |
| Other Financing | -2.5M | -1.2M | 4.52M | -111.06K |
| Net Change in Cash | -18.82M | 2.8M | 4.13M | -9.95M |
| Free Cash Flow | 2.18M | 2.75M | -1.47M | -5.45M |
| FCF Margin % | 1.84% | 1.89% | -0.87% | -3.87% |
| FCF Growth % | -20.7% | 287.08% | 73.05% | - |
| FCF per Share | 0.04 | 0.05 | -0.03 | -0.11 |
| FCF Conversion (FCF/Net Income) | 0.56x | 0.38x | 0.58x | -1.78x |
| Interest Paid | 0 | 1.28K | 0 | 0 |
| Taxes Paid | 0 | 177.19K | 0 | 479.44K |
Volatile operating cash flow
According to quarterly financial data, GMHS exhibits a persistent disconnect between net income and operating cash flow, as evidenced by the 2024Q4 period where the company reported $2.6M in net income while simultaneously suffering a negative operating cash flow of $526.1K.
The recurring inability to convert accounting profits into actual cash suggests that earnings are heavily reliant on non-cash accruals or aggressive revenue recognition policies. Investors should monitor this divergence, as it indicates that the company's reported profitability may not be reflective of its underlying liquidity generation capabilities.
As reported in recent financial statements, the company's free cash flow trajectory remains highly erratic, swinging from a positive $375.4K in 2024Q3 to a negative $527.1K in 2024Q4, highlighting the inherent instability of its current mobile publishing business model.
This lack of consistent free cash flow generation suggests that the firm is struggling to maintain a self-sustaining operational cycle. The erratic nature of these figures implies that the company's cash position is highly sensitive to the timing of user acquisition spend and the success of individual game titles.
Based on the provided cash flow tables, GMHS experiences significant working capital volatility, with changes in accounts impacting cash flow by as much as $3.2M in 2024Q3, which underscores the operational friction inherent in managing a fragmented portfolio of third-party mobile gaming titles.
The substantial fluctuations in working capital suggest that the company's cash conversion cycle is prone to unpredictable delays in collections or inventory-like prepayments. Such instability warrants further investigation into the company's credit terms with its developer partners and the efficiency of its payment processing infrastructure.
Data indicates that GMHS maintains a negligible capital expenditure profile, with CapEx-to-revenue ratios consistently near 0.0% across the observed periods, suggesting that the company operates as a service-oriented entity rather than a traditional asset-heavy manufacturer or developer.
While the low capital intensity preserves cash, it also implies that the company is not investing in proprietary technology or infrastructure that could provide a long-term competitive advantage. This lack of investment may leave the firm vulnerable to platform-level changes that require significant technical adaptation.
Quick answers to the most common questions about buying GMHS stock.
Gamehaus Holdings Inc. (GMHS) generated $2.2M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Gamehaus Holdings Inc. (GMHS) generated $2.2M in free cash flow in 2025. Free cash flow is the cash left over after capital expenditures, which can be used to pay dividends, repurchase shares, or pay down debt.
Gamehaus Holdings Inc. (GMHS) spent $1.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.