Manchester United plc (MANU) quarterly cash flow statement — complete operating, investing & financing history
Manchester United plc (MANU) cash flow statement — 17-year operating, investing & financing cash flows
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 165.35M | 27.37M | -11.43M | -1.76M | 100.3M | 22.32M | -63.23M | 13.32M | 125.86M | -15.12M | -46.53M | 21.46M | 109.26M | 54.06M | -61.51M | -6.04M | 41.12M | 23.18M | -31.49M | 63.56M |
| Operating CF Margin % | 104.14% | 14.44% | -6.08% | -1.25% | 62.78% | 14.28% | -31.07% | 9.58% | 88.78% | -10.95% | -21% | 13.13% | 66.09% | 32.35% | -38.47% | -3.96% | 33.55% | 14.84% | -17% | 49.28% |
| Operating CF Growth % | 64.86% | 22.64% | 81.93% | -113.19% | -20.31% | 247.63% | -35.88% | -37.95% | 15.19% | -127.96% | 24.35% | 455.17% | 165.69% | 133.24% | -95.31% | -109.51% | 65.77% | -14.16% | -2931.09% | 2.01% |
| Net Income | -28.95M | -15.21M | 4.18M | -8.46M | -3.9M | -3.06M | -27.75M | 1.63M | -41.57M | -83.57M | 20.37M | -32.8M | -1.78M | -5.68M | 9.26M | -34.37M | -91.83M | -35.91M | -2.07M | -19.82M |
| Depreciation & Amortization | 56.68M | 57.66M | 59.58M | 58.98M | 52.51M | 50.12M | 53.72M | 57.53M | 50.65M | 50.78M | 54.65M | 50.95M | 47.95M | 46.39M | 48.58M | 43.62M | 41.75M | 42.97M | 42.23M | 38.83M |
| Stock-Based Compensation | 0 | 279K | 0 | 190K | 365K | 419K | 421K | 376K | -1.03M | 431K | 736K | 740K | 1.67M | 559K | 626K | 529K | -1.29M | 521K | 433K | 535K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -34.28M | -24.41M | -21.97M | -20.13M | -27.61M | 15.97M | -1.51M | -4.39M | -21.78M |
| Other Non-Cash Items | -2.53M | 15.11M | -32.44M | -29.93M | 31.46M | -9.14M | -48.35M | -51.99M | -2.77M | 4.04M | -89.31M | 34.62M | 12.63M | 11.14M | 10.5M | 30.99M | 8.1M | 6.14M | 1.56M | -15.91M |
| Working Capital Changes | 140.15M | -30.46M | -42.75M | -22.55M | 19.86M | -16.02M | -41.27M | 5.78M | 120.58M | 13.21M | -32.98M | 2.24M | 74.84M | 23.62M | -110.34M | -19.2M | 68.42M | 10.97M | -73.65M | 59.93M |
| Change in Receivables | 70.33M | -18.89M | -51.17M | 26.99M | 22.46M | -18.82M | -49.1M | -19.64M | 18.07M | 50.01M | -53.59M | -5.25M | 20.75M | 51.77M | -64.07M | 15.98M | 8.12M | -3.1M | -5.83M | 291K |
| Change in Inventory | 1.48M | 5.08M | -574K | -5.14M | -1.05M | 1.42M | -982K | -8.9M | 214K | 267K | 1.02M | -1.88M | -520K | 627K | 480K | -1.55M | 492K | 184K | -105K | -691K |
| Change in Payables | 10.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -34.12M | 12.29M | 5.43M | -23.05M | -42.98M | 29.53M | 34.87M | -42.08M | -5.47M |
| Cash from Investing | -96.07M | 20.7M | -37.77M | -157.34M | -45.01M | -48.12M | -51.08M | -130.47M | -6.13M | -18.88M | -30.63M | -115.57M | -5.46M | -11.44M | -30.5M | -92.75M | -6.12M | -3.91M | -18.66M | -64.75M |
| Capital Expenditures | -100.52M | -808K | -1.75M | -16.98M | -10.63M | -16.86M | -6.94M | -10.3M | -2.56M | -21.56M | -38.54M | -141.24M | -17.24M | -17.54M | -32.57M | -104.42M | -16.18M | -11.14M | -20.59M | -75.83M |
| CapEx % of Revenue | 63.31% | 0.43% | 0.93% | 12.07% | 6.65% | 10.79% | 3.41% | 7.41% | 1.81% | 15.62% | 17.39% | 86.43% | 10.43% | 10.5% | 20.37% | 68.37% | 13.2% | 7.13% | 11.11% | 58.79% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 4.46M | 21.5M | -36.02M | -140.36M | -34.38M | -31.26M | -44.15M | -120.17M | -3.56M | 2.68M | 7.91M | 25.67M | 11.79M | 6.1M | 2.07M | 11.66M | 10.07M | 7.23M | -16.78M | -61.12M |
| Cash from Financing | -61.49M | -30.43M | 23.68M | 138.46M | -50.11M | -102K | 59.92M | 199.87M | -111.63M | 38.36M | 59.7M | 99.8M | -100.35M | -153K | 99.43M | -878K | -12.12M | -11.33M | 39.57M | -11.09M |
| Debt Issued (Net) | -61.39M | -30.08M | 23.68M | 104.8M | -50.11M | -102K | -20.06M | 199.87M | -110.3M | -120.18M | 59.7M | 99.8M | -100.35M | -153K | 99.43M | -878K | -123K | -436K | 39.57M | -416K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 6.11M | 0 | 79.98M | 0 | 0 | 158.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.99M | -10.89M | 0 | -10.67M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -99.64K | -353K | 0 | 33.67M | -6.11M | 0 | 0 | 0 | -1.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 6.68M | 16.53M | -36.05M | -9.68M | 12.89M | -22.33M | -54.02M | 76.01M | 6.55M | 4.18M | -18.02M | 4.81M | 2.29M | 42.69M | 6.77M | -96.95M | 25.43M | 8.36M | -11.23M | -11.99M |
| Free Cash Flow | 98.51M | -15.11M | -13.18M | -180.85M | 89.67M | -30.6M | -70.17M | -150.72M | 118.97M | -36.68M | -85.07M | -119.78M | 92.01M | 36.52M | -94.08M | -110.46M | 24.94M | 12.04M | -52.08M | -12.27M |
| FCF Margin % | 62.04% | -7.97% | -7.02% | -128.54% | 56.13% | -19.58% | -34.48% | -108.46% | 83.93% | -26.56% | -38.39% | -73.3% | 55.66% | 21.86% | -58.84% | -72.33% | 20.35% | 7.71% | -28.11% | -9.51% |
| FCF Growth % | 9.86% | 50.62% | 81.22% | -19.99% | -24.63% | 16.57% | 17.52% | -25.83% | 29.3% | -200.43% | 9.58% | -8.44% | 268.92% | 203.35% | -80.64% | -800.54% | 109.99% | 61.87% | -29.09% | -18.9% |
| FCF per Share | 0.57 | -0.09 | -0.08 | -1.05 | 0.52 | -0.18 | -0.41 | -0.89 | 0.72 | -0.22 | -0.52 | -0.73 | 0.56 | 0.22 | -0.58 | -0.68 | 0.15 | 0.07 | -0.32 | -0.08 |
| FCF Conversion (FCF/Net Income) | -5.71x | -2.32x | -2.77x | 0.26x | -26.45x | -8.46x | 2.23x | 10.32x | -3.48x | 0.21x | -2.33x | -0.80x | -37.86x | -9.92x | -10.21x | 0.21x | -0.56x | -0.82x | 22.48x | -4.01x |
| Interest Paid | 0 | 0 | 0 | 0 | 5.47M | 0 | 7.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |