RAON ROBOTICS 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	3,691	5,231	2,318
Depreciation & Amortization	911.37	833.99	795.18
Loss (Gain) From Sale of Assets	-	-0.17	17.7
Stock-Based Compensation	238.49	418.05	897.09
Provision & Write-off of Bad Debts	293	-	-
Other Operating Activities	3,631	3,174	-633.72
Change in Accounts Receivable	694.2	88.53	-424.85
Change in Inventory	-1,170	-378.6	4,606
Change in Accounts Payable	208.04	3,040	-779.06
Change in Other Net Operating Assets	-661.78	-3,845	-812.48
Operating Cash Flow	7,835	8,562	5,985
Operating Cash Flow Growth	-8.48%	43.06%	-
Capital Expenditures	-9,610	-2,920	-532.35
Sale of Property, Plant & Equipment	-	0.3	6.82
Sale (Purchase) of Intangibles	-54.99	-419.85	-296.48
Investment in Securities	2,083	-12,231	-430
Other Investing Activities	-606.51	-34.27	25.44
Investing Cash Flow	-8,189	-15,605	-1,227
Short-Term Debt Issued	-	-	2,800
Long-Term Debt Issued	-	10,000	-
Total Debt Issued	-	10,000	2,800
Long-Term Debt Repaid	-1,192	-1,064	-983.73
Net Debt Issued (Repaid)	-1,192	8,936	1,816
Issuance of Common Stock	44.13	63.81	46.08
Repurchase of Common Stock	-	-2,595	-2,404
Dividends Paid	-595.85	-366.96	-623.95
Other Financing Activities	-	-0	-
Financing Cash Flow	-1,744	6,037	-1,166
Foreign Exchange Rate Adjustments	63.1	80.7	-18.46
Miscellaneous Cash Flow Adjustments	-	0	-0
Net Cash Flow	-2,034	-924.82	3,574
Free Cash Flow	-1,775	5,641	5,452
Free Cash Flow Growth	-	3.47%	-
Free Cash Flow Margin	-3.30%	11.46%	15.78%
Free Cash Flow Per Share	-149.04	463.69	437.96
Cash Interest Paid	220.75	341.26	223.45
Cash Income Tax Paid	180.5	-1,395	1,693
Levered Free Cash Flow	-5,753	2,365	-
Unlevered Free Cash Flow	-5,142	2,848	-
Change in Working Capital	-929.94	-1,096	2,590

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