KX Innovation Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	3,401	82,597	17,454	20,461	39,195	32,589
Depreciation & Amortization	54,171	55,415	47,812	24,810	23,142	25,357
Loss (Gain) From Sale of Assets	-107,823	-108,374	511.07	-152.37	-12,939	-4,973
Asset Writedown & Restructuring Costs	1,974	2,230	41.71	3,350	1,123	3,736
Loss (Gain) From Sale of Investments	-477.93	-	971.73	-332.82	-6,008	-192.41
Loss (Gain) on Equity Investments	13,369	15,434	1,137	16,073	-1,163	-16.11
Provision & Write-off of Bad Debts	-427.09	-676.02	660.39	-1,460	-2,057	-546.28
Other Operating Activities	104,554	56,047	17,661	10,119	52,572	26,739
Change in Accounts Receivable	2,055	2,200	-1,079	-3,467	-3,433	4,293
Change in Inventory	1,002	4,116	-5,575	-4,123	-7,512	-6,273
Change in Accounts Payable	-571.42	-4,669	2,986	2,042	3,370	-7,642
Change in Unearned Revenue	-153.99	-23.41	391.19	-0.83	-27.22	-67.13
Change in Income Taxes	-	-	-20.11	-	4,592	-
Change in Other Net Operating Assets	7,905	2,849	1,835	-7,171	1,608	4,053
Operating Cash Flow	79,429	107,436	84,787	60,168	87,153	77,056
Operating Cash Flow Growth	0.74%	26.71%	40.92%	-30.96%	13.10%	50.85%
Capital Expenditures	-8,068	-8,393	-21,848	-42,309	-33,310	-32,477
Sale of Property, Plant & Equipment	1,089	1,636	394.66	22,726	4,650	4,761
Cash Acquisitions	-39,617	-48,216	-4,017	-847.9	-74,472	-3,913
Divestitures	44.72	4,122	1,812	-	29,242	1,018
Sale (Purchase) of Intangibles	-7,153	-5,742	-6,617	-3,740	-5,338	-6,338
Investment in Securities	-29,740	14,724	11,748	33,085	-142,072	1,607
Other Investing Activities	-18,851	13,055	-12,409	3,062	-3,050	6,447
Investing Cash Flow	-84,336	-17,379	-29,299	-37,246	-220,116	170.06
Short-Term Debt Issued	-	15,544	33,572	13,045	24,949	46,299
Long-Term Debt Issued	-	10,000	14,000	16,274	240,326	88,710
Total Debt Issued	34,693	25,544	47,572	29,319	265,275	135,008
Short-Term Debt Repaid	-	-32,914	-1,592	-15,780	-43,089	-37,572
Long-Term Debt Repaid	-	-37,328	-47,486	-3,333	-57,183	-40,215
Total Debt Repaid	-85,352	-70,242	-49,078	-19,113	-100,272	-77,788
Net Debt Issued (Repaid)	-50,660	-44,698	-1,506	10,206	165,003	57,221
Issuance of Common Stock	-	62.51	154.81	1.32	7,600	-
Repurchase of Common Stock	-2,043	-	-2,292	-7,331	-77,274	-23,288
Dividends Paid	-7,976	-8,306	-6,866	-	-	-1,534
Other Financing Activities	-1,038	-1,079	-4,619	-4,818	-2,644	-49,366
Financing Cash Flow	-61,718	-54,020	-15,128	-1,942	92,685	-16,967
Foreign Exchange Rate Adjustments	-229.31	94.2	8.08	544.82	293.39	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	-0
Net Cash Flow	-66,854	36,132	40,368	21,525	-39,984	60,259
Free Cash Flow	71,360	99,043	62,939	17,859	53,843	44,579
Free Cash Flow Growth	-0.21%	57.36%	252.42%	-66.83%	20.78%	86.97%
Free Cash Flow Margin	20.43%	24.53%	15.62%	5.47%	18.63%	16.11%
Free Cash Flow Per Share	1670.99	2381.86	1515.66	426.43	1177.29	982.18
Cash Interest Paid	10,454	16,375	19,966	15,516	11,401	6,170
Cash Income Tax Paid	35,224	9,310	13,548	23,936	9,675	11,740
Levered Free Cash Flow	-5,747	-178,954	333,720	-3,755	16,617	41,574
Unlevered Free Cash Flow	3,101	-164,713	350,374	6,123	22,159	45,593
Change in Working Capital	10,688	4,763	-1,462	-12,700	-6,713	-5,637

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.