ISP Global Cash Flow Statement

Financials in millions CNY. Fiscal year is July - June.

Millions CNY. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	-14.92	-24.96	-26.83	-22.75	-2.14
Depreciation & Amortization	3.22	3.79	4.74	4.03	2.85
Loss (Gain) From Sale of Assets	0.03	-	-	0.01	-
Asset Writedown & Restructuring Costs	0.9	-	-	-	-
Stock-Based Compensation	-	5.55	4.06	4.42	-
Provision & Write-off of Bad Debts	1.38	0.51	1.64	1.05	-0.17
Other Operating Activities	1.99	-1.59	0.97	0.79	0.62
Change in Accounts Receivable	6.19	-6.81	16.1	-19.99	-10.79
Change in Inventory	17.93	27.27	-51.24	-32.17	-2.25
Change in Accounts Payable	18.75	-8.16	-0.71	21.15	0.89
Change in Unearned Revenue	1.25	-8.84	12.52	0.04	0.8
Change in Other Net Operating Assets	15.93	-5.53	-1.94	-6.58	-10.54
Operating Cash Flow	52.63	-18.77	-40.67	-50.01	-20.73
Capital Expenditures	-0.21	-0.17	-0.74	-0.12	-0.28
Sale of Property, Plant & Equipment	-	-	-	0	-
Cash Acquisitions	0.17	-	-	-	-1.75
Divestitures	0.02	-	-	-	-
Other Investing Activities	-0.21	-	1	-	-
Investing Cash Flow	-0.25	-0.17	0.26	-0.12	-2.02
Long-Term Debt Issued	176.81	72.81	78.87	24.57	29.32
Short-Term Debt Repaid	-	-	-4.41	-25.24	-
Long-Term Debt Repaid	-215.89	-78.24	-30.18	-4.78	-1.68
Total Debt Repaid	-215.89	-78.24	-34.59	-30.02	-1.68
Net Debt Issued (Repaid)	-39.08	-5.43	44.27	-5.45	27.64
Issuance of Common Stock	-	26.73	-	43.73	-
Other Financing Activities	-4.29	-4.2	-3	-0.32	0.27
Financing Cash Flow	-43.37	17.1	41.28	37.96	27.91
Foreign Exchange Rate Adjustments	2.9	-0.21	4.52	0.2	-0.6
Net Cash Flow	11.92	-2.04	5.39	-11.96	4.55
Free Cash Flow	52.42	-18.93	-41.41	-50.13	-21.01
Free Cash Flow Margin	22.62%	-8.66%	-19.73%	-52.51%	-43.20%
Free Cash Flow Per Share	0.05	-0.02	-0.05	-0.06	-0.03
Cash Interest Paid	4.29	4.2	3	0.6	0.21
Cash Income Tax Paid	0.54	0.74	1.85	1.13	1.22
Levered Free Cash Flow	57.88	-11.37	-36.01	-42.41	-14.95
Unlevered Free Cash Flow	60.56	-8.75	-34.14	-41.73	-14.27
Change in Working Capital	60.03	-2.07	-25.26	-37.55	-21.9

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