B2En Co., Ltd. (KOSDAQ:307870)

B2En Co., Ltd. Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	-12,037	-6,901	-11,980
Depreciation & Amortization	915.77	856.8	507.72
Loss (Gain) From Sale of Assets	191.29	15.75	-
Asset Writedown & Restructuring Costs	-	220.47	-
Loss (Gain) From Sale of Investments	-411.92	136.91	349.72
Loss (Gain) on Equity Investments	2,165	3,038	5,077
Provision & Write-off of Bad Debts	-6.18	-27.54	30.98
Other Operating Activities	2,637	338.45	4,528
Change in Accounts Receivable	582.71	-243.03	1,663
Change in Inventory	-491.53	-	-
Change in Accounts Payable	327.73	-247.08	92.23
Change in Unearned Revenue	74.11	2.1	-1.04
Change in Other Net Operating Assets	361.51	1,153	-3,046
Operating Cash Flow	-5,692	-1,657	-2,778
Capital Expenditures	-287.09	-1,652	-435.13
Sale of Property, Plant & Equipment	72.77	20.55	0.03
Cash Acquisitions	-0.28	-443.15	-
Divestitures	210	90	-
Sale (Purchase) of Intangibles	-1,026	-	-183.6
Investment in Securities	-9,653	-11,282	5,227
Other Investing Activities	-0	0	-0
Investing Cash Flow	-10,684	-13,267	4,609
Short-Term Debt Issued	240	-	-
Long-Term Debt Issued	-	16,900	300
Total Debt Issued	240	16,900	300
Long-Term Debt Repaid	-2,382	-8,451	-3,444
Net Debt Issued (Repaid)	-2,142	8,449	-3,144
Issuance of Common Stock	5,384	19,239	-
Repurchase of Common Stock	-	-74.7	-1,006
Other Financing Activities	133.04	-158.43	51.08
Financing Cash Flow	3,375	27,455	-4,099
Miscellaneous Cash Flow Adjustments	-	-0	0
Net Cash Flow	-13,001	12,531	-2,269
Free Cash Flow	-5,980	-3,309	-3,214
Free Cash Flow Margin	-40.89%	-13.19%	-10.03%
Free Cash Flow Per Share	-110.77	-83.44	-101.83
Cash Interest Paid	734.25	87.83	274.39
Levered Free Cash Flow	-7,039	182.74	-
Unlevered Free Cash Flow	-6,231	1,151	-
Change in Working Capital	854.53	664.71	-1,292

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