First Real JSC Cash Flow Statement

Financials in millions VND. Fiscal year is October - September.

Millions VND. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2016
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Dec '16 Dec 31, 2016
Net Income	12,722	12,372	611.22	19,087	114,590	2,535
Depreciation & Amortization	733.74	851.09	1,080	1,565	2,114	245.12
Loss (Gain) From Sale of Assets	376.35	-1.61	-	-	-277.21	-
Loss (Gain) From Sale of Investments	-	-	-40.95	-17,070	-	-
Other Operating Activities	16,054	12,778	17,416	9,091	8,254	633.11
Change in Accounts Receivable	-15,978	143,814	10,418	-131,157	-220,569	-22,031
Change in Inventory	-14,601	-36,811	44,722	59,756	-280,154	-
Change in Accounts Payable	53,478	89,659	-45,474	5,312	82,857	657.63
Change in Other Net Operating Assets	853.16	977.94	921.8	1,799	728.41	292.29
Operating Cash Flow	53,639	223,638	29,653	-51,617	-292,456	-17,668
Operating Cash Flow Growth	-71.04%	654.18%	-	-	-	-
Capital Expenditures	-323.37	-341.8	-292	-442.37	-4,693	-1,082
Sale of Property, Plant & Equipment	789.01	683.43	-	100	545.45	-
Investment in Securities	-	200	1,600	-200,000	-	-
Other Investing Activities	-	-	1.34	17,218	91.12	1.87
Investing Cash Flow	465.64	541.63	1,309	-53,124	-134,057	-1,080
Long-Term Debt Issued	-	60,000	184,606	338,160	420,900	1,560
Long-Term Debt Repaid	-	-285,675	-220,998	-271,267	-154,734	-766.93
Net Debt Issued (Repaid)	-56,599	-225,675	-36,392	66,893	266,166	793.07
Issuance of Common Stock	-	-	-	-	202,527	18,000
Financing Cash Flow	-56,599	-225,675	-36,392	66,893	468,692	18,793
Net Cash Flow	-2,495	-1,495	-5,429	-37,849	42,179	44.8
Free Cash Flow	53,315	223,296	29,361	-52,059	-297,150	-18,750
Free Cash Flow Growth	-71.17%	660.52%	-	-	-	-
Free Cash Flow Margin	51.08%	225.54%	23.69%	-30.78%	-77.28%	-192.49%
Free Cash Flow Per Share	754.11	3158.38	415.47	-736.65	-4205.61	-2861.34
Cash Interest Paid	2,645	13,065	30,937	48,335	-	103.57
Cash Income Tax Paid	1,579	1,605	6,254	61.45	-	-
Levered Free Cash Flow	-2,821	177,230	25,230	-	-	-19,304
Unlevered Free Cash Flow	9,604	194,386	54,627	-	-	-19,238
Change in Working Capital	23,752	197,640	10,587	-64,289	-417,138	-21,082

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