SM Entertainment Co., Ltd. (KOSDAQ:041510)
South Korea · Delayed Price · Currency is KRW 73,900
-900 (-1.20%)
Sep 1, 2026, 3:30 PM KST
SM Entertainment Cash Flow Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 131,651 | 347,213 | 18,310 | 87,297 | 79,989 | 133,540 |
Depreciation & Amortization | 68,212 | 67,269 | 61,933 | 58,013 | 60,842 | 63,991 |
Loss (Gain) From Sale of Assets | -26.73 | -680 | -459.33 | -1,452 | -12,259 | -87,904 |
Asset Writedown & Restructuring Costs | 43,260 | 38,930 | 70,675 | 60,543 | 3,179 | 11,791 |
Loss (Gain) From Sale of Investments | 230,520 | 1,742 | -5,567 | -5,349 | -896.41 | -2,010 |
Loss (Gain) on Equity Investments | -214,528 | -213,952 | 2,377 | -45,699 | -11,375 | -26,336 |
Stock-Based Compensation | -2.33 | 197.43 | 734.49 | -25.69 | 16,645 | 4,168 |
Provision & Write-off of Bad Debts | 5,684 | 2,471 | 691.01 | -500.75 | 1,036 | 3,301 |
Other Operating Activities | -4,652 | -9,867 | -13,838 | -5,534 | -1,866 | 11,043 |
Change in Accounts Receivable | -33,887 | -19,872 | 3,622 | -1,267 | -64,431 | 29,396 |
Change in Inventory | -12,947 | -10,097 | -8,723 | 566.69 | -5,384 | -2,734 |
Change in Accounts Payable | -18,159 | 1,939 | -3,821 | -6,196 | 43,502 | -8,244 |
Change in Unearned Revenue | -966.15 | 18,187 | 6,084 | -1,110 | 7,047 | 8,341 |
Change in Other Net Operating Assets | 1,248 | -28,619 | 3,659 | -26,291 | -1,091 | -15,785 |
Operating Cash Flow | 195,408 | 194,861 | 135,676 | 112,995 | 114,937 | 122,558 |
Operating Cash Flow Growth | 64.65% | 43.62% | 20.07% | -1.69% | -6.22% | 169.96% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -9,046 | -9,586 | -24,931 | -19,149 | -24,054 | -22,157 |
Sale of Property, Plant & Equipment | 616.27 | 2,416 | 1,927 | 659.27 | 139.86 | 684.89 |
Cash Acquisitions | -1,347 | -46,227 | - | -62,023 | -4,360 | -9,857 |
Divestitures | 58.13 | - | - | 652.13 | 342.81 | 23,893 |
Sale (Purchase) of Intangibles | -26,813 | -31,624 | -26,048 | -31,707 | -25,521 | -21,513 |
Investment in Securities | -4,689 | -68,294 | 89,486 | 26,606 | -84,901 | -89,304 |
Other Investing Activities | -6,463 | -1,817 | 16,277 | 2,938 | 15,632 | 34,519 |
Investing Cash Flow | -45,583 | -150,026 | 55,715 | -83,060 | -121,820 | -82,622 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Short-Term Debt Issued | - | 40,000 | 3,180 | 39,658 | 1,910 | 11,156 |
Long-Term Debt Issued | - | - | 14,500 | - | 9,975 | - |
Total Debt Issued | 1,000 | 40,000 | 17,680 | 39,658 | 11,884 | 11,156 |
Short-Term Debt Repaid | - | -40,207 | -40,406 | -1,659 | -28.72 | -37,223 |
Long-Term Debt Repaid | - | -19,771 | -29,097 | -17,259 | -16,229 | -14,983 |
Total Debt Repaid | -74,374 | -59,977 | -69,503 | -18,919 | -16,258 | -52,207 |
Net Debt Issued (Repaid) | -73,374 | -19,977 | -51,823 | 20,740 | -4,373 | -41,051 |
Issuance of Common Stock | - | - | - | 1,126 | 2,402 | 12,061 |
Repurchase of Common Stock | - | - | -46,125 | -26,453 | - | - |
Dividends Paid | -41,789 | -12,890 | -28,126 | -28,373 | -4,680 | - |
Other Financing Activities | -1,618 | -608.74 | -18,372 | -9,782 | 6,053 | 14,232 |
Financing Cash Flow | -116,781 | -33,476 | -144,446 | -42,742 | -598.26 | -6,759 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 8,568 | -5,102 | 8,270 | -1,574 | -6,287 | 596.68 |
Miscellaneous Cash Flow Adjustments | 0 | 0 | 0 | -0 | - | - |
Net Cash Flow | 41,612 | 6,257 | 55,215 | -14,381 | -13,768 | 33,774 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 186,362 | 185,275 | 110,746 | 93,846 | 90,883 | 100,400 |
Free Cash Flow Growth | 85.22% | 67.30% | 18.01% | 3.26% | -9.48% | 169.29% |
Free Cash Flow Margin | 14.68% | 15.77% | 11.19% | 9.77% | 10.68% | 14.31% |
Free Cash Flow Per Share | 8140.24 | 8092.49 | 4806.55 | 3997.41 | 3848.88 | 4312.85 |
Levered Free Cash Flow | 107,787 | 114,434 | 78,169 | 41,337 | 67,997 | 77,326 |
Unlevered Free Cash Flow | 111,019 | 117,852 | 81,570 | 44,893 | 70,719 | 79,882 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 3,418 | 4,006 | 4,143 | 4,770 | 3,480 | 4,081 |
Cash Income Tax Paid | 53,813 | 53,078 | 29,601 | 35,159 | 43,015 | 31,880 |
Change in Working Capital | -64,711 | -38,462 | 820.28 | -34,297 | -20,357 | 10,975 |