Optipharm.CO.,LTD 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	-2,499	-2,357	-2,437	-2,045	-3,080
Depreciation & Amortization	1,674	1,614	1,433	1,120	1,076
Loss (Gain) From Sale of Assets	16.24	-0.97	-1.06	-3.05	1.76
Loss (Gain) From Sale of Investments	-175.23	-185.27	-184.65	-346.47	-90.2
Loss (Gain) on Equity Investments	-	-	1.49	0.35	0.29
Stock-Based Compensation	704.8	587.33	-	-33.61	-5.9
Provision & Write-off of Bad Debts	-0.78	3.35	-0.2	-0.33	1.29
Other Operating Activities	673.56	480.51	362.29	298.11	-1,063
Change in Accounts Receivable	-504.72	288.1	476.25	-899.4	-95.74
Change in Inventory	-504.55	-28.1	-261.97	-42.84	-339.3
Change in Accounts Payable	24.48	-89.16	152.63	-631.57	226.52
Change in Other Net Operating Assets	-963.45	-908.9	-1,264	187.12	1,399
Operating Cash Flow	-1,555	-595.5	-1,723	-2,396	-1,969
Capital Expenditures	-2,507	-1,677	-1,672	-4,572	-725.18
Sale of Property, Plant & Equipment	1.4	29.96	1.7	5.93	11.81
Sale (Purchase) of Intangibles	-38.05	-58.71	-65.25	-32.27	-32.26
Investment in Securities	3,226	2,409	-1,854	2,621	-6,789
Other Investing Activities	131.02	317.03	-	-	147.56
Investing Cash Flow	813.61	1,020	-3,589	-1,978	-7,387
Short-Term Debt Issued	10,310	13,700	7,700	5,200	5,100
Total Debt Issued	10,310	13,700	7,700	5,200	5,100
Short-Term Debt Repaid	-10,750	-12,560	-5,560	-3,560	-3,560
Long-Term Debt Repaid	-163.73	-197.01	-147.29	-130.41	-156.45
Total Debt Repaid	-10,914	-12,757	-5,707	-3,690	-3,716
Net Debt Issued (Repaid)	-603.73	942.99	1,993	1,510	1,384
Issuance of Common Stock	-	-	-	250.5	435
Other Financing Activities	-	-0	-0	-0	-0
Financing Cash Flow	-603.73	942.99	1,993	1,760	1,819
Miscellaneous Cash Flow Adjustments	-	-0	-0	-	-
Net Cash Flow	-1,345	1,367	-3,319	-2,613	-7,538
Free Cash Flow	-4,062	-2,273	-3,395	-6,968	-2,695
Free Cash Flow Margin	-18.18%	-11.58%	-19.54%	-43.53%	-18.90%
Free Cash Flow Per Share	-276.27	-155.29	-231.40	-477.10	-185.50
Cash Interest Paid	382.85	516.81	463.38	319.85	158.37
Cash Income Tax Paid	-25.71	-14.89	36.58	36.09	-31.66
Levered Free Cash Flow	-2,578	-1,010	-2,006	-6,486	-2,171
Unlevered Free Cash Flow	-2,263	-669.33	-1,708	-6,265	-2,062
Change in Working Capital	-1,948	-738.06	-897.07	-1,387	1,190

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