Healios K.K. Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-2,126	-4,061	-3,626	-5,330	-4,462
Depreciation & Amortization	275	297	224	386	262
Loss (Gain) on Equity Investments	2	2	-2	-3	3
Other Operating Activities	-1,252	1,183	331	65	-1,012
Change in Accounts Receivable	-26	150	-20	130	-130
Change in Accounts Payable	61	57	-56	-133	-36
Change in Other Net Operating Assets	-99	555	327	284	286
Operating Cash Flow	-3,165	-1,817	-2,822	-4,601	-5,089
Capital Expenditures	-168	-15	-25	-207	-293
Sale (Purchase) of Intangibles	-	-292	-3	-55	-7
Investment in Securities	-935	-1,110	-1,150	-605	-433
Other Investing Activities	-11	-1	57	-42	-3
Investing Cash Flow	-1,114	-1,418	-1,121	-909	-736
Long-Term Debt Issued	-	1,599	450	-	-
Long-Term Debt Repaid	-	-4,000	-3,000	-5,000	-
Net Debt Issued (Repaid)	-	-2,401	-2,550	-5,000	-
Issuance of Common Stock	4,999	2,150	3,115	2,223	6,759
Other Financing Activities	1,336	328	2,772	275	229
Financing Cash Flow	6,335	77	3,337	-2,502	6,988
Foreign Exchange Rate Adjustments	-49	108	82	133	40
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1
Net Cash Flow	2,007	-3,050	-524	-7,879	1,202
Free Cash Flow	-3,333	-1,832	-2,847	-4,808	-5,382
Free Cash Flow Margin	-3204.81%	-327.14%	-2352.89%	-5342.22%	-13126.83%
Free Cash Flow Per Share	-30.96	-20.71	-41.87	-84.34	-93.79
Cash Interest Paid	58	65	73	83	80
Cash Income Tax Paid	4	4	8	7	6
Levered Free Cash Flow	-2,861	659.63	-1,340	-3,781	-5,365
Unlevered Free Cash Flow	-2,736	714	-1,249	-3,520	-5,001
Change in Working Capital	-64	762	251	281	120

Source: S&P Global Market Intelligence. Standard template. Financial Sources.