Mesoblast Limited (MESO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | -16.62M | -12.68M | -10.13M | -10.33M | 0 | 0 | -13.29M | -14.24M | -16.28M | -16.25M | -16.45M | -14.29M | -13.89M | -15.47M | -18.22M | -18.2M | -20.73M | 34.31M | -31.96M | -28.17M |
| Operating CF Margin % | -236.66% | -180.64% | -641.83% | -654.47% | - | - | -784.3% | -840.85% | -761.01% | -838.06% | -831.01% | -990.09% | -624.73% | -769.27% | -764.86% | -506.37% | -1038.58% | 1793.36% | -1429.43% | -2185.18% |
| Operating CF Growth % | - | - | 23.77% | 27.5% | 100% | 100% | 19.25% | 0.3% | -17.16% | -5.04% | 9.69% | 21.5% | 32.98% | -145.09% | 43% | 35.39% | -5.86% | 272.44% | -2303.16% | -81.05% |
| Net Income | -27.1M | 0 | -23.97M | 0 | 0 | 0 | -16.27M | -16.27M | -21.92M | -18.6M | -24.49M | -16.88M | -21.45M | -21.3M | -25.95M | -22.64M | -22.06M | -26.52M | -25.69M | -24.54M |
| Depreciation & Amortization | 2.16M | 0 | 1.04M | 0 | 0 | 0 | 1.22M | 1.22M | 927K | 990K | 1.08M | 1.1M | 1.07M | 1.11M | 1.1M | 1.09M | 1.13M | 1.08M | 1.05M | 1M |
| Stock-Based Compensation | 3.46M | 0 | 7.64M | 0 | 0 | 0 | 1.1M | 1.1M | 1.11M | 791K | 1.41M | 350K | 1.09M | 1.89M | 1.48M | 1.08M | 2.07M | 2.02M | 3.54M | 4.88M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -958K | -40K | -46K | -71K | -55K | -48K | -45K | -1.06M | 4.29K | -65K | -98K | 74K | -730K |
| Other Non-Cash Items | 10.15M | -12.68M | 7.92M | -10.33M | 0 | 0 | -1.22M | -1.22M | 3.66M | 4.28M | 4.67M | 934K | 1.72M | 1.99M | 5.57M | 3.36M | 1.07M | 59.46M | -2.1M | -13.71M |
| Working Capital Changes | -5.28M | 0 | -2.76M | 0 | 0 | 0 | 1.89M | 1.89M | -16K | -3.66M | 944K | 263K | 3.73M | 883K | -424K | -1.08M | -2.87M | -1.64M | -8.83M | 4.93M |
| Change in Receivables | -6.27M | 0 | 8.78M | 0 | 0 | 0 | 1.04M | 1.04M | 616K | 9K | -1.26M | 519K | 1.23M | 411K | -424K | -1.08M | -429K | 417K | -858K | -869K |
| Change in Inventory | 413K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -441K | -66K | 604K | 23K | -28K | 19K | 39K | -127K | 16K | 27K | -34K | -203K | -47K | -56K | -30K | -99K | -223K | -448K | -407K | -81K |
| Capital Expenditures | -499K | -75K | -53K | -39K | -36K | -41K | -19K | -185K | -37K | -40K | -34K | -203K | -47K | -56K | -30K | -99K | -223K | -448K | -407K | -81K |
| CapEx % of Revenue | 7.11% | 1.07% | 3.36% | 2.47% | 2.86% | 3.26% | 1.12% | 10.92% | 1.73% | 2.06% | 1.72% | 14.07% | 2.11% | 2.78% | 1.26% | 2.75% | 11.17% | 23.42% | 18.2% | 6.28% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -183K | 9K | 657K | 62K | -226K | 60K | 53K | 58K | 53K | 67K | 0 | -50K | 0 | -49K | -26K | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -4.83M | 156.43M | -2.33M | -1.94M | -3.02M | 11.67M | 34.82M | -3.22M | 38.76M | -2.54M | -2.01M | 40.3M | -2.22M | -2.57M | -1.39M | -743K | -427K | 100.53M | 638K | 6.54M |
| Debt Issued (Net) | -4.55M | -2.61M | -3.58M | 0 | -874K | -10.5M | -1.1M | -1.05M | -865K | -682K | -439K | -670K | -429K | -1.15M | -4.07M | -686K | -831K | -620K | -785K | -695K |
| Equity Issued (Net) | 0 | 1000K | 0 | 0 | 7K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 1000K | 0 | 0 | 62K | 147K | 684K | 1000K | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -285K | -2.16M | 1.25M | -1.94M | -2.15M | -3.52M | -3.79M | -2.17M | -3.95M | -1.86M | -1.57M | -4.1M | -1.79M | -1.43M | 1.07M | -1.61M | -280K | 10.96M | -8K | -897K |
| Net Change in Cash | -20.51M | 144.03M | -13.09M | -11.84M | -13.4M | -1.19M | 24.38M | -18.14M | 22.52M | -18.82M | -17.88M | 25.05M | -16.31M | -18.09M | -21.11M | -20.93M | -21.38M | 80.73M | -30.59M | -21.2M |
| Free Cash Flow | -14.94M | -12.81M | -10.38M | -10.57M | -86K | -41K | -13.3M | -14.43M | -16.32M | -16.29M | -16.49M | -14.49M | -13.94M | -15.53M | -18.25M | -18.3M | -20.95M | 33.86M | -32.37M | -28.25M |
| FCF Margin % | -212.74% | -182.42% | -657.83% | -669.58% | -6.84% | -3.26% | -785.42% | -851.77% | -762.74% | -840.12% | -832.73% | -1004.16% | -626.84% | -772.05% | -766.12% | -509.13% | -1049.75% | 1769.94% | -1447.63% | -2191.47% |
| FCF Growth % | -17268.02% | -31139.02% | 21.98% | 26.77% | 99.47% | 99.75% | 19.3% | 0.42% | -17.03% | -4.92% | 9.65% | 20.81% | 33.47% | -145.85% | 43.62% | 35.22% | -2.6% | 264.46% | -1710.35% | -78.65% |
| FCF per Share | -0.12 | -0.10 | -0.09 | -0.09 | -0.00 | -0.00 | -0.16 | -0.17 | -0.17 | -0.22 | -0.21 | -0.21 | -0.21 | -0.24 | -0.28 | -0.28 | -0.32 | 0.56 | -0.55 | -0.48 |
| FCF Conversion (FCF/Net Income) | 0.61x | 0.47x | 0.42x | 0.43x | - | - | 0.82x | 0.88x | 0.74x | 0.87x | 0.67x | 0.85x | 0.65x | 0.73x | 0.70x | 0.80x | 0.94x | -1.29x | 1.24x | 1.15x |
| Interest Paid | 0 | 0 | 1.36M | 0 | 0 | 0 | 0 | 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 |