JOYWORKS&Co 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	-18,941	1,373	2,460
Depreciation & Amortization	3,414	3,085	2,634
Loss (Gain) From Sale of Assets	34.38	-2.67	-
Asset Writedown & Restructuring Costs	20,687	-	-
Loss (Gain) From Sale of Investments	-443.44	-977.08	-113.85
Loss (Gain) on Equity Investments	-	309.05	-
Stock-Based Compensation	8.49	28.12	60.72
Provision & Write-off of Bad Debts	-1.13	1,927	68.16
Other Operating Activities	-2,573	-2,455	1,097
Change in Accounts Receivable	-2,232	383.86	-1,268
Change in Inventory	133.64	-687.06	-876.22
Change in Accounts Payable	-360.69	-1,213	1,466
Change in Other Net Operating Assets	-2,981	-1,620	-1,012
Operating Cash Flow	-3,255	150.88	4,516
Operating Cash Flow Growth	-	-96.66%	-
Capital Expenditures	-16,571	-408.76	-189.09
Sale of Property, Plant & Equipment	0.25	68.66	-
Cash Acquisitions	-12,500	1,650	-
Sale (Purchase) of Intangibles	-1,057	-169.5	-18.65
Investment in Securities	19,936	-2,252	-4,918
Other Investing Activities	373	141.14	-48.5
Investing Cash Flow	-9,820	-4,470	-5,174
Long-Term Debt Issued	23,876	19,700	-
Short-Term Debt Repaid	-548	-127.11	-
Long-Term Debt Repaid	-10,930	-11,593	-2,129
Total Debt Repaid	-11,478	-11,720	-2,129
Net Debt Issued (Repaid)	12,398	7,980	-2,129
Issuance of Common Stock	2,141	48.13	115.65
Repurchase of Common Stock	-1,550	-1,993	-
Other Financing Activities	202.18	60.48	-42
Financing Cash Flow	13,191	6,095	-2,055
Miscellaneous Cash Flow Adjustments	-0	-	-
Net Cash Flow	115.86	1,776	-2,714
Free Cash Flow	-19,827	-257.89	4,327
Free Cash Flow Margin	-43.12%	-0.55%	10.54%
Free Cash Flow Per Share	-899.16	-12.40	203.65
Cash Interest Paid	412.06	280.07	336.31
Cash Income Tax Paid	-155.1	557.81	77.03
Levered Free Cash Flow	-27,026	-602.35	-
Unlevered Free Cash Flow	-25,620	638.65	-
Change in Working Capital	-5,440	-3,136	-1,691

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