XIIlab Co.,Ltd 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
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
Net Income	-2,923	-5,187	-6,459	-4,545	-2,136
Depreciation & Amortization	887.14	1,051	1,207	1,178	812.04
Loss (Gain) From Sale of Assets	-185.02	-	-2.46	-	0.28
Loss (Gain) From Sale of Investments	-0.15	-1.24	-0.37	-24.52	-9.18
Loss (Gain) on Equity Investments	106.2	200.69	145.79	75.06	63.84
Stock-Based Compensation	49.3	60.92	17.46	585.76	211.96
Provision & Write-off of Bad Debts	-	-	-	-	-6
Other Operating Activities	127.62	121.81	-93.57	-5.64	104.64
Change in Accounts Receivable	426.4	-928.77	4,608	-4,444	4,821
Change in Accounts Payable	96.75	682.3	-4,445	2,816	-3,434
Change in Other Net Operating Assets	-1,166	378.12	-153.7	-572.48	418.87
Operating Cash Flow	-2,261	-3,622	-5,175	-4,936	848.25
Capital Expenditures	-35.62	-576.35	-87.5	-383.88	-377.21
Sale of Property, Plant & Equipment	415	-	16	-	-
Sale (Purchase) of Intangibles	-11.9	-	-	-4.4	-2.2
Investment in Securities	-10,004	4,857	-10,600	17,000	-16,966
Other Investing Activities	-90.39	-38.57	-32.65	-6.37	-578.95
Investing Cash Flow	-9,722	4,263	-10,707	16,605	-17,891
Short-Term Debt Repaid	-	-	-	-	-765
Long-Term Debt Repaid	-	-595.5	-551.31	-757.06	-959.96
Total Debt Repaid	-629.31	-595.5	-551.31	-757.06	-1,725
Net Debt Issued (Repaid)	-629.31	-595.5	-551.31	-757.06	-1,725
Issuance of Common Stock	19,082	-	634.71	-	23,614
Other Financing Activities	-386.69	-	-0	-	-7.29
Financing Cash Flow	18,066	-595.5	83.39	-757.06	21,882
Foreign Exchange Rate Adjustments	16.96	36.43	4.03	-33.93	-
Net Cash Flow	6,099	81.94	-15,794	10,878	4,839
Free Cash Flow	-2,297	-4,198	-5,263	-5,320	471.04
Free Cash Flow Margin	-24.98%	-46.16%	-143.66%	-53.76%	8.15%
Free Cash Flow Per Share	-352.29	-689.04	-866.27	-882.70	81.08
Cash Interest Paid	49.93	73.86	105.41	138.45	148.75
Cash Income Tax Paid	-	-3.12	2.78	47.16	89.01
Levered Free Cash Flow	-1,359	-2,527	-3,356	-4,058	-
Unlevered Free Cash Flow	-1,323	-2,476	-3,286	-3,967	-
Change in Working Capital	-323.03	131.65	9.52	-2,201	1,806

Source: S&P Global Market Intelligence. Standard template. Financial Sources.