Photon Co., Ltd. (KOSDAQ:208710)
South Korea · Delayed Price · Currency is KRW 2,230.00
+239.00 (12.00%)
At close: Jul 31, 2026
Photon 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 | Mar '26 Mar 31, 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 | -3,536 | -6,360 | -9,754 | -11,810 | 257.38 | -7,214 |
Depreciation & Amortization | 5,707 | 5,819 | 7,266 | 8,295 | 7,952 | 7,900 |
Loss (Gain) From Sale of Assets | -94.88 | -94.27 | 5,303 | 871.05 | -5,883 | -45.2 |
Asset Writedown & Restructuring Costs | 1,963 | 1,963 | - | 4,926 | 151.66 | 5.3 |
Loss (Gain) From Sale of Investments | -0 | -0 | 3.46 | -26.87 | 736.92 | -117.47 |
Loss (Gain) on Equity Investments | - | - | - | 690.29 | 209.71 | -4,309 |
Provision & Write-off of Bad Debts | 10.84 | 12.16 | -174.49 | - | 273.04 | -46.71 |
Other Operating Activities | 1,570 | 3,098 | -932.81 | 2,532 | 3,835 | 6,608 |
Change in Accounts Receivable | -45.57 | -2,026 | 9,177 | -13,558 | -6,796 | 3,655 |
Change in Inventory | -3,146 | 123.17 | -2,097 | -5,526 | -1,294 | -401.27 |
Change in Accounts Payable | 11.37 | -2,248 | -9,711 | 14,240 | 5,858 | -5,166 |
Change in Unearned Revenue | - | - | - | - | -40 | -428.23 |
Change in Income Taxes | - | - | - | 81.1 | - | - |
Change in Other Net Operating Assets | 232.73 | -363.81 | 1,777 | 5,632 | -414.33 | -3,601 |
Operating Cash Flow | 2,672 | -75.93 | 857.84 | 6,346 | 4,846 | -3,162 |
Operating Cash Flow Growth | 329.55% | - | -86.48% | 30.94% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -4,861 | -3,748 | -6,071 | -2,688 | -1,739 | -2,562 |
Sale of Property, Plant & Equipment | 387.04 | 445.28 | 377.87 | 140.25 | 11,962 | 121.99 |
Cash Acquisitions | -275.73 | -275.73 | - | - | - | -3,551 |
Sale (Purchase) of Intangibles | 2.31 | -108.45 | -70.82 | -103.33 | -142.21 | -305.38 |
Investment in Securities | 3.4 | - | - | 2,216 | -1,637 | 12,070 |
Other Investing Activities | -41.87 | -92 | 457.06 | -349.03 | -413.68 | -0.39 |
Investing Cash Flow | -4,804 | -3,779 | -5,307 | -784.64 | 8,292 | 3,901 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | - | 8,393 | 11,276 | 16,581 | 3,324 | 10,157 |
Long-Term Debt Issued | - | - | - | - | 6,500 | 15,000 |
Total Debt Issued | 11,816 | 8,393 | 11,276 | 16,581 | 9,824 | 25,157 |
Short-Term Debt Repaid | - | -6,242 | -9,781 | -13,295 | -6,390 | -12,723 |
Long-Term Debt Repaid | - | -570.09 | -424.03 | -8,601 | -25,438 | -7,625 |
Total Debt Repaid | -6,302 | -6,812 | -10,205 | -21,896 | -31,828 | -20,349 |
Net Debt Issued (Repaid) | 5,514 | 1,581 | 1,070 | -5,315 | -22,003 | 4,808 |
Issuance of Common Stock | - | - | 1,996 | 5,945 | 968.49 | 218.01 |
Repurchase of Common Stock | -11.42 | -11.42 | - | - | - | - |
Other Financing Activities | -150.85 | -2.5 | -0 | -0 | 39.99 | 428.23 |
Financing Cash Flow | 5,352 | 1,567 | 3,066 | 629.53 | -20,995 | 5,454 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -16.15 | -833.47 | 537.11 | -123.78 | 76.15 | 495.36 |
Miscellaneous Cash Flow Adjustments | 5.13 | 23.36 | -88.8 | -109.53 | -190.51 | - |
Net Cash Flow | 3,209 | -3,098 | -934.7 | 5,957 | -7,971 | 6,689 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -2,189 | -3,824 | -5,213 | 3,657 | 3,107 | -5,723 |
Free Cash Flow Growth | - | - | - | 17.71% | - | - |
Free Cash Flow Margin | -1.70% | -2.97% | -3.84% | 2.96% | 2.98% | -6.83% |
Free Cash Flow Per Share | -166.18 | -290.17 | -408.34 | 390.17 | 372.47 | -750.53 |
Levered Free Cash Flow | 100.59 | -1,312 | -470.06 | 6,045 | -3,212 | -76.05 |
Unlevered Free Cash Flow | 534.96 | -877.19 | -7.55 | 7,182 | -2,006 | 1,208 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 1,083 | 923.85 | 1,024 | 1,082 | 680.61 | 654.93 |
Cash Income Tax Paid | 394.74 | 374.07 | 2,532 | 1,032 | 1,344 | 307.2 |
Change in Working Capital | -2,947 | -4,514 | -853.24 | 868.62 | -2,686 | -5,942 |