CLASSYS 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	131,936	97,875	74,225	75,379	43,805
Depreciation & Amortization	14,641	7,218	4,278	3,900	2,523
Loss (Gain) From Sale of Assets	1,002	98.22	32.52	-30,287	24.58
Loss (Gain) From Sale of Investments	-2,270	-3,060	-1,126	-149.85	-164.76
Loss (Gain) on Equity Investments	-	12,755	-	-	-
Stock-Based Compensation	1,225	1,949	1,529	-	-
Provision & Write-off of Bad Debts	31.21	36.43	449.69	19.73	-101.2
Other Operating Activities	12,586	852.52	-6,253	12,316	-105.94
Change in Accounts Receivable	-40,530	-13,000	-11,892	-4,927	1,433
Change in Inventory	-3,279	2,853	2,104	-7,786	-7,094
Change in Accounts Payable	676.73	919.9	144.36	-557.45	470.57
Change in Other Net Operating Assets	47,918	-5,697	1,141	6,849	-4,423
Operating Cash Flow	163,936	102,800	64,632	54,755	36,367
Operating Cash Flow Growth	59.47%	59.05%	18.04%	50.56%	-4.61%
Capital Expenditures	-12,869	-4,075	-4,474	-71,241	-90,907
Sale of Property, Plant & Equipment	2,401	67.48	120.78	60,028	61.55
Cash Acquisitions	-	5,088	-	-	-
Sale (Purchase) of Intangibles	-6,385	-6,709	-1,638	-517.33	-409.69
Investment in Securities	-85,089	-36,161	-34,764	-80,336	-1,741
Other Investing Activities	-7,284	-1,459	-7,402	71.38	29.66
Investing Cash Flow	-109,026	-82,247	-48,158	-91,995	-92,466
Long-Term Debt Issued	10,808	-	-	69,000	35,000
Total Debt Issued	10,808	-	-	69,000	35,000
Long-Term Debt Repaid	-15,451	-3,693	-3,277	-37,819	-411.72
Total Debt Repaid	-15,451	-3,693	-3,277	-37,819	-411.72
Net Debt Issued (Repaid)	-4,643	-3,693	-3,277	31,181	34,588
Issuance of Common Stock	65.97	-	-	108.85	14
Repurchase of Common Stock	-18,142	-29.9	-14,578	-5,422	-
Dividends Paid	-16,834	-12,800	-7,471	-4,271	-3,883
Other Financing Activities	48.27	-215.98	-318	-541.59	-0
Financing Cash Flow	-39,505	-16,739	-25,644	21,055	30,720
Foreign Exchange Rate Adjustments	-628.7	461	1,501	-598.66	3,784
Net Cash Flow	14,776	4,275	-7,668	-16,784	-21,595
Free Cash Flow	151,067	98,726	60,158	-16,486	-54,540
Free Cash Flow Growth	53.02%	64.11%	-	-	-
Free Cash Flow Margin	44.85%	40.64%	33.40%	-11.63%	-54.22%
Free Cash Flow Per Share	2295.37	1527.07	934.05	-254.85	-842.04
Cash Interest Paid	2,083	1,916	1,771	2,574	93.05
Cash Income Tax Paid	29,700	20,603	27,649	10,341	8,822
Levered Free Cash Flow	95,130	66,870	33,988	-19,650	-63,902
Unlevered Free Cash Flow	96,643	68,145	35,212	-18,018	-63,844
Change in Working Capital	4,785	-14,924	-8,503	-6,422	-9,613

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