A2M.AX ASX
The a2 Milk Company Limited
1W: +0.3%
1M: +2.8%
3M: -5.1%
YTD: -20.6%
1Y: -27.3%
3Y: +57.7%
5Y: +24.7%
A$6.51 ($4.52)
-0.15 (-2.32%)
Weekly Expected Move ±2.8%
A$6
A$6
A$7
A$7
A$7
Overview
Chart
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ETF Exposure
Cash Flow Trends
Operating Cash Flow
$133M
-34.0% ▼
5Y CAGR: +8.3%
Capital Expenditures
$73M
-1748.9% ▼
5Y CAGR: +66.9%
Free Cash Flow
$60M
-69.8% ▼
5Y CAGR: -6.6%
Dividends Paid
$167M
-170.9% ▼
Buybacks
$0
+0.0% ▲
Net Change in Cash
$7M
-91.2% ▼
Cash Flow Composition
Year-over-Year Growth
View Full Cash Flow Statement
| Line Item | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| — Operating Activities — | |||||
| Net Income | $123M | $156M | $168M | $0 | $207M |
| Depreciation & Amort. | $18M | $17M | $32M | $0 | $18M |
| Stock-Based Comp. | $12M | $17M | $11M | $0 | $0 |
| Change in Working Capital | -$23M | -$49M | $8M | -$28M | -$104M |
| Other Non-Cash Items | $63M | -$61M | $37M | $229M | $11M |
| Operating Cash Flow | $204M | $111M | $256M | $201M | $133M |
| — Investing Activities — | |||||
| Capital Expenditures | -$5M | -$10M | -$17M | -$4M | -$84M |
| Acquisitions (Net) | -$214M | -$214M | $0 | $0 | -$165M |
| Investment Purchases | -$1M | -$454M | -$767M | -$788M | -$437M |
| Investment Sales | $215M | $450M | $750M | $700M | $834M |
| Other Investing | -$665M | $213M | -$4M | -$310K | $0 |
| Investing Cash Flow | -$670M | -$14M | -$37M | -$92M | $149M |
| — Financing Activities — | |||||
| Net Debt Issuance | $27M | -$29M | -$45M | $39M | -$39M |
| Stock Repurchased | -$13M | -$149M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | -$62M | -$167M |
| Other Financing | -$4M | $0 | -$5M | -$6M | -$6M |
| Financing Cash Flow | $10M | -$178M | -$50M | -$28M | -$211M |
| Net Change in Cash | -$438M | -$85M | $167M | $81M | $7M |
| Cash End of Period | $437M | $352M | $519M | $600M | $684M |
| Free Cash Flow | $199M | $101M | $235M | $198M | $60M |