WYFI: the cash flow

MyFinsight

For the year ending 2025-12-31, WYFI had $102,170,160 increase in cash & cash equivalents over the period. -$222,747,193 in free cash flow.

Cash Flow	2025-12-31
Net (loss) income	-24,682,538
Depreciation and amortization expenses	23,440,884
Share-based compensation expenses	16,867,997
Loss from disposal of property, plant, and equipment	-372,993
Current expected credit losses	178,290
Right-of-use assets	4,627,057
Accounts receivable	18,751,671
Net investment in lease	3,272,621
Other current assets	-2,069,620
Other non-current assets	20,946,236
Accounts payable	5,646,491
Income tax payable	-984,974
Other payables and accrued liabilities	14,513,147
Other long-term liabilities	-785,371
Deferred revenue	48,749,138
Lease liabilities	-4,108,696
Deferred tax liabilities	-721,029
Amounts due to related parties	3,102,367
Net cash provided by operating activities	45,655,356
Purchases of and deposits made for property, plant, and equipment	268,402,549
Proceeds from disposal of property, plant and equipment	1,152,000
Net cash used in investing activities	-267,250,549
Net transfers from parent	157,414,287
Proceeds from issuance of ordinary shares/initial public offering, net of offering costs	144,253,989
Proceeds from issuance of ordinary shares/over-allotment option exercise, net of offering costs	22,189,195
Repayment of finance lease liabilities	92,118
Net cash provided by financing activities	323,765,353
Net increase in cash, cash equivalents and restricted cash	102,170,160
Effect of exchange rate changes on cash, cash equivalents and restricted cash	723,162
Cash, cash equivalents and restricted cash, beginning of the year	15,404,776
Total	118,298,098

Unit: Dollar.