Webzen Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	56,935	57,608	72,393	86,858
Depreciation & Amortization	6,894	6,629	4,933	4,652
Loss (Gain) From Sale of Assets	-18.19	-3.52	-22.46	-251.21
Asset Writedown & Restructuring Costs	226.31	-40.23	-	-
Loss (Gain) From Sale of Investments	-1,493	-2,993	-10,269	-6,721
Loss (Gain) on Equity Investments	-46.24	-	-	-
Stock-Based Compensation	798.87	3,259	3,855	4,416
Provision & Write-off of Bad Debts	-145.58	-153.05	113.77	959.76
Other Operating Activities	4,352	-1,119	-2,719	-2,413
Change in Accounts Receivable	13,301	-8,035	2,455	7,448
Change in Inventory	-6	1.16	-48.93	-1.16
Change in Other Net Operating Assets	-8,360	4,845	-31,318	-6,796
Operating Cash Flow	72,439	59,998	39,373	88,152
Operating Cash Flow Growth	20.74%	52.39%	-55.34%	-34.91%
Capital Expenditures	-11,596	-21,109	-1,609	-2,849
Sale of Property, Plant & Equipment	9.17	3.79	9.81	114.95
Sale (Purchase) of Intangibles	-46.21	-66.39	-3,838	-52.49
Investment in Securities	127,295	8,335	-42,984	-79,306
Other Investing Activities	-795.93	-2,602	0	-
Investing Cash Flow	114,866	-15,439	-48,421	-82,093
Long-Term Debt Repaid	-1,914	-1,979	-1,506	-1,461
Total Debt Repaid	-1,914	-1,979	-1,506	-1,461
Net Debt Issued (Repaid)	-1,914	-1,979	-1,506	-1,461
Repurchase of Common Stock	-	-	-10,063	-19,530
Dividends Paid	-8,829	-10,889	-	-
Other Financing Activities	64	-	0	-0
Financing Cash Flow	-10,679	-12,868	-11,569	-20,991
Foreign Exchange Rate Adjustments	410.74	484.31	-452.4	253.94
Net Cash Flow	177,037	32,176	-21,069	-14,679
Free Cash Flow	60,843	38,889	37,764	85,303
Free Cash Flow Growth	56.45%	2.98%	-55.73%	-36.48%
Free Cash Flow Margin	28.33%	19.81%	15.60%	29.95%
Free Cash Flow Per Share	2064.79	1319.76	1273.16	2810.45
Cash Interest Paid	165.68	100.48	119.42	84.54
Cash Income Tax Paid	15,234	16,079	39,914	38,658
Levered Free Cash Flow	38,997	21,113	21,208	80,713
Unlevered Free Cash Flow	39,102	21,177	21,285	80,768
Change in Working Capital	4,935	-3,189	-28,912	651.09

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