Soulbrain Holdings Cash Flow Statement

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

Millions KRW. 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	487,363	58,611	91,028	64,189	31,458
Depreciation & Amortization	57,051	47,704	37,377	32,955	27,566
Loss (Gain) From Sale of Assets	-555,169	568.91	-10,837	-23,304	-175.14
Asset Writedown & Restructuring Costs	12,823	14,180	14,195	7,397	2,661
Loss (Gain) From Sale of Investments	-104,897	-20,092	4,749	21,281	25,165
Loss (Gain) on Equity Investments	-19,581	-46,615	-40,766	-54,250	-60,082
Stock-Based Compensation	298.37	641.1	1,083	1,971	-
Provision & Write-off of Bad Debts	-666.94	808.02	-5,722	145.95	67.04
Other Operating Activities	198,924	17,139	1,266	-3,421	8,330
Change in Accounts Receivable	-13,095	-6,864	21,036	-26,608	-6,404
Change in Inventory	-17,358	6,437	38,387	-57,712	-39,904
Change in Accounts Payable	608.07	6,881	-36,970	31,228	16,634
Change in Other Net Operating Assets	251.36	5,729	-15,350	788.9	-827.51
Operating Cash Flow	46,552	85,128	99,474	-5,340	4,490
Operating Cash Flow Growth	-45.31%	-14.42%	-	-	-93.66%
Capital Expenditures	-33,410	-89,234	-131,925	-43,579	-22,467
Sale of Property, Plant & Equipment	336.36	505.83	39,487	10,976	34,358
Cash Acquisitions	-	3,426	-	-44,197	-44,876
Divestitures	457,193	-	-	7,105	-
Sale (Purchase) of Intangibles	-1,078	-449.06	-214.48	-2,514	-3.33
Investment in Securities	-355,339	-8,987	-35,526	-1,359	-7,262
Other Investing Activities	4,386	4,642	2,777	252	13,521
Investing Cash Flow	72,088	-90,096	-125,401	-73,317	-26,730
Long-Term Debt Issued	313,392	82,791	157,245	63,312	84,210
Long-Term Debt Repaid	-342,133	-227,243	-105,431	-35,585	-20,325
Net Debt Issued (Repaid)	-28,741	-144,451	51,813	27,726	63,885
Issuance of Common Stock	72.27	20.53	55.76	-	-
Repurchase of Common Stock	-10,103	-9,871	-	-	-
Dividends Paid	-4,754	-4,397	-3,910	-3,099	-
Other Financing Activities	12,689	157,096	-129.89	1,113	300
Financing Cash Flow	-30,838	-1,603	47,830	25,740	64,185
Foreign Exchange Rate Adjustments	-953.4	13,356	-380.42	1,611	2,904
Net Cash Flow	86,849	6,786	21,522	-51,306	44,849
Free Cash Flow	13,142	-4,106	-32,451	-48,919	-17,978
Free Cash Flow Margin	2.36%	-0.95%	-4.91%	-8.66%	-4.31%
Free Cash Flow Per Share	650.87	-198.82	-1570.58	-2367.65	-870.11
Cash Interest Paid	16,952	18,242	18,793	10,038	5,512
Cash Income Tax Paid	25,318	23,107	25,031	19,054	19,638
Levered Free Cash Flow	140,775	-9,642	-11,949	-28,921	21,058
Unlevered Free Cash Flow	152,924	2,504	1,454	-22,553	24,532
Change in Working Capital	-29,594	12,183	7,102	-52,304	-30,501

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.