Kainos Medicine 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	-7,785	-12,190	-15,235	-15,881	-16,212
Depreciation & Amortization	591.34	1,152	1,277	1,262	809.72
Loss (Gain) From Sale of Assets	21.46	-	-650.83	32.01	-48.87
Asset Writedown & Restructuring Costs	1,205	363	-	-	-
Loss (Gain) From Sale of Investments	4.53	719.32	65.12	535.81	-125.76
Loss (Gain) on Equity Investments	2,044	410.11	-	-	-
Stock-Based Compensation	37.56	643.72	1,026	1,936	2,932
Other Operating Activities	-1,169	-1,354	-301.47	-525.35	5,226
Change in Accounts Receivable	-5.42	-152.22	13.64	-	-
Change in Inventory	-681.82	-	-	-	-
Change in Income Taxes	39.8	67.16	-85.34	-23.86	14.51
Change in Other Net Operating Assets	-218.91	632.54	-330.41	1,368	-1,791
Operating Cash Flow	-5,917	-9,709	-14,221	-11,296	-9,195
Capital Expenditures	-5.52	-0.08	-3,998	-1,826	-1,939
Sale of Property, Plant & Equipment	-	-	8,351	1.8	212.95
Sale (Purchase) of Intangibles	-266.11	-206.94	-100	-639.29	-456.41
Investment in Securities	-	-3,540	4,820	5,366	-3,657
Other Investing Activities	79.32	17.25	-17.61	-118.16	85.66
Investing Cash Flow	-442.31	-4,079	9,055	2,785	-5,753
Short-Term Debt Issued	-	-	4,900	1,246	-
Long-Term Debt Issued	-	-	-	761.67	1,523
Total Debt Issued	-	-	4,900	2,008	1,523
Short-Term Debt Repaid	-	-	-5,662	-	-
Long-Term Debt Repaid	-369.63	-587.23	-2,944	-20,918	-362.66
Total Debt Repaid	-369.63	-587.23	-8,605	-20,918	-362.66
Net Debt Issued (Repaid)	-369.63	-587.23	-3,705	-18,910	1,161
Issuance of Common Stock	5,734	1,643	-	28,284	13,308
Repurchase of Common Stock	-	-	-	-32.4	-
Other Financing Activities	-0	-0	-	-	197.79
Financing Cash Flow	5,364	1,056	-3,705	9,342	14,667
Foreign Exchange Rate Adjustments	26.84	229.18	256.76	890.7	1,561
Net Cash Flow	-967.83	-12,503	-8,615	1,721	1,279
Free Cash Flow	-5,922	-9,709	-18,220	-13,122	-11,134
Free Cash Flow Margin	-505.48%	-1644.59%	-6815.87%	-10092.16%	-669.76%
Free Cash Flow Per Share	-187.15	-348.85	-652.51	-550.49	-525.41
Cash Interest Paid	0.43	-	157.59	-	-
Cash Income Tax Paid	2.28	1.09	1.04	1.03	0.92
Levered Free Cash Flow	-4,888	-5,744	-11,695	-16,927	1,540
Unlevered Free Cash Flow	-4,870	-5,714	-11,547	-16,083	2,588
Change in Working Capital	-866.36	547.48	-402.1	1,344	-1,776

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