| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 55 | 65 |
| Reserves | -10 | -8 | -12 | -12 | -13 | -13 | -11 | -13 | 11 |
| Borrowings | 28 | 18 | 17 | 17 | 13 | 3 | 5 | 6 | 7 |
| Other Liabilities | 10 | 9 | 10 | 10 | 13 | 7 | 6 | 7 | 7 |
| Total Liabilities | 34 | 26 | 22 | 21 | 19 | 3 | 6 | 55 | 90 |
| AssetsFixed Assets | 10 | 7 | 6 | 5 | 5 | 0 | 0 | 0 | 16 |
| CWIP | 10 | 9 | 9 | 9 | 9 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 15 | 10 | 7 | 6 | 6 | 3 | 6 | 55 | 75 |
| Total Assets | 34 | 26 | 22 | 21 | 19 | 3 | 6 | 55 | 90 |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 6 | 5 | 1 | -0 | 1 | -9 | -2 |
| Cash from Investing | -1 | 3 | 7 | -0 | 0 | 0 | 13 | 0 |
| Cash from Financing | -0 | -9 | -11 | -1 | 0 | -1 | -4 | 2 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -0 | 9 | 11 | 0 | -0 | 1 | 4 | -2 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
BLUEGOD · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.