Cash generation remains weak, characterized by a -4.8% free cash flow margin and an operating cash flow to net income ratio of only 0.10 in 2025Q4.
| Cash from Operations | -1.96M | -1.5M | 51.71K | 935.27K | 424.08K |
| Operating CF Margin % | -3.42% | -3.65% | 0.16% | 4.67% | 2.43% |
| Operating CF Growth % | -30.42% | -3004.54% | -94.47% | 120.54% | - |
| Net Income | -21.58M | -4.84M | 852.33K | 761.63K | 362.86K |
| Depreciation & Amortization | 934.21K | 371.52K | 288.56K | 340.56K | 398.8K |
| Stock-Based Compensation | 6.6M | 5.16M | 0 | 0 | 0 |
| Deferred Taxes | -38.76K | 275.91K | 224.3K | 142.15K | -14.71K |
| Other Non-Cash Items | 9.54M | 5.64K | -87.84K | 116.88K | 48.75K |
| Working Capital Changes | 2.59M | -2.47M | -1.23M | -425.94K | -371.63K |
| Change in Receivables | 281.77K | -1.15M | -1.64M | -192.65K | -1.48M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 754.12K | 719.91K | 879.71K | -89.77K | 1.08M |
| Cash from Investing | 55.04K | -101.25K | -224.19K | -112.11K | -241.17K |
| Capital Expenditures | -379.23K | -101.25K | -224.19K | -112.11K | -241.17K |
| CapEx % of Revenue | 0.66% | 0.25% | 0.71% | 0.56% | 1.38% |
| Acquisitions | 394.73K | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 39.53K | 0 | 0 | 0 | 0 |
| Cash from Financing | 2.53M | 2.08M | 470.36K | -726.34K | -180.13K |
| Debt Issued (Net) | -795.85K | 169.02K | 909.88K | -805.4K | -180.13K |
| Equity Issued (Net) | 3.42M | 2.91M | 0 | 212.45K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -1.01M | 0 | 0 | 0 |
| Other Financing | -88.61K | -1M | -439.51K | -133.38K | -143.55K |
| Net Change in Cash | 674.85K | 369.67K | 306.21K | 95.03K | 32.75K |
| Free Cash Flow | -2.34M | -1.6M | -172.48K | 823.16K | 182.91K |
| FCF Margin % | -4.08% | -3.9% | -0.54% | 4.11% | 1.05% |
| FCF Growth % | -45.84% | -829.47% | -120.95% | 350.03% | - |
| FCF per Share | -4800.76 | -3047.77 | -341.54 | 1564.94 | 347.74 |
| FCF Conversion (FCF/Net Income) | 0.09x | 0.31x | 0.06x | 1.23x | 1.17x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 |
Liquidity and cash burn
According to recent financial filings, YYGH's operating cash flow to net income ratio reached a mere 0.10 in 2025Q4, highlighting a significant disconnect between accounting losses and actual cash generation that warrants close scrutiny from investors evaluating the sustainability of the company's current operational model.
The persistent gap between net income and operating cash flow suggests that the company's reported losses are being exacerbated by non-cash charges, yet the inability to generate positive cash flow despite aggressive revenue growth is concerning. This divergence implies that the underlying business model may be struggling to convert its service volume into tangible liquidity, potentially masking deeper operational inefficiencies.
As reported in financial statements, YYGH's free cash flow margin remained deeply negative at -4.8% in 2025Q4, reflecting a consistent inability to fund its operational and capital requirements through internal cash generation as the company continues to prioritize market share expansion over immediate profitability.
The trend of negative free cash flow across multiple quarters indicates that the company is effectively subsidizing its growth through external capital or existing reserves. Investors should monitor whether this trajectory is a temporary byproduct of scaling the platform or a structural feature of a business model that requires constant cash injections to maintain its competitive position.
Based on the company's reported figures, working capital changes have fluctuated significantly, with a $3.4M inflow in 2025Q4 contrasting sharply with a $2.5M outflow in 2024Q4, suggesting that the firm's cash position is highly sensitive to the timing of client payments and service contract cycles.
The volatility in working capital management appears to be a primary driver of the company's erratic cash flow profile, likely reflecting the challenges of managing receivables in the hospitality and MICE sectors. This instability suggests that the company may lack the leverage to enforce favorable payment terms, leaving its liquidity position vulnerable to shifts in client settlement behavior.
As indicated by the latest quarterly data, YYGH recorded $6.6M in stock-based compensation during 2025Q4, which significantly obscures the true economic cost of operations and complicates the assessment of the company's cash-based performance relative to its reported net losses.
The reliance on stock-based compensation as a non-cash expense may be artificially inflating the company's reported net income figures while failing to address the underlying cash burn. Analysts should be wary of this accounting treatment, as it may hide the true extent of the company's operational losses and the potential for future shareholder dilution.
Quick answers to the most common questions about buying YYGH stock.
YY Group Holding Limited (YYGH) generated $-2.0M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
YY Group Holding Limited (YYGH) reported negative free cash flow of $2.3M in 2025, indicating capital requirements exceeded cash from operations.
YY Group Holding Limited (YYGH) spent $0.4M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.