Zinitix 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	-9,578	652.96	-5,878	-9,065	-105.61
Depreciation & Amortization	722.03	1,040	789.35	741.62	1,026
Loss (Gain) From Sale of Assets	-	-	-	-	-0.38
Asset Writedown & Restructuring Costs	930.15	537.32	-	1,467	2,411
Loss (Gain) From Sale of Investments	-120.79	-255.67	-59.17	-	-
Stock-Based Compensation	28.27	1.37	122.7	174.11	70.51
Provision & Write-off of Bad Debts	-	-	-0.27	-4.98	-1.2
Other Operating Activities	643.34	635.16	776.8	2,731	450.98
Change in Accounts Receivable	730.43	255.63	-2,934	3,548	-2,245
Change in Inventory	-4,050	4,165	2,347	-3,530	-201.56
Change in Accounts Payable	2,628	-2,459	3,147	-2,340	603.22
Change in Other Net Operating Assets	-2,053	215.57	-595.92	-1,503	330.28
Operating Cash Flow	-10,119	4,789	-2,284	-7,781	2,338
Operating Cash Flow Growth	-	-	-	-	-1.33%
Capital Expenditures	-38.09	-14.53	-118.4	-387.89	-229.66
Sale of Property, Plant & Equipment	-	-	-	-	0.38
Sale (Purchase) of Intangibles	-7.69	-841.18	-666.15	-1,093	-1,044
Investment in Securities	3,371	41.52	7,040	5,000	-8,886
Other Investing Activities	-5.61	14.21	-11.21	7.4	-3.22
Investing Cash Flow	3,319	-799.98	6,244	3,526	-10,163
Short-Term Debt Issued	4,500	-	2,000	-	-
Total Debt Issued	4,500	-	2,000	-	-
Short-Term Debt Repaid	-4,500	-	-2,000	-	-
Long-Term Debt Repaid	-88.83	-31.51	-42.1	-52.98	-72.48
Total Debt Repaid	-4,589	-31.51	-2,042	-52.98	-72.48
Net Debt Issued (Repaid)	-88.83	-31.51	-42.1	-52.98	-72.48
Issuance of Common Stock	970	-	-	-	239.27
Financing Cash Flow	881.17	-31.51	-42.1	-52.98	166.79
Foreign Exchange Rate Adjustments	-5.42	14.77	-36.08	-6.32	24.37
Net Cash Flow	-5,924	3,972	3,882	-4,314	-7,634
Free Cash Flow	-10,157	4,774	-2,403	-8,169	2,108
Free Cash Flow Growth	-	-	-	-	-8.91%
Free Cash Flow Margin	-27.92%	8.83%	-7.27%	-29.59%	5.43%
Free Cash Flow Per Share	-278.90	131.60	-67.23	-228.90	59.90
Cash Interest Paid	139.18	154.98	150.11	93.76	69.94
Cash Income Tax Paid	-21.39	-5.84	20.8	26.38	-3.13
Levered Free Cash Flow	-6,746	2,874	-1,237	-6,823	-592.36
Unlevered Free Cash Flow	-6,651	2,970	-1,142	-6,762	-548.29
Change in Working Capital	-2,744	2,178	1,964	-3,824	-1,513

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