Aniplus 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	12,071	15,630	8,906	4,019	20,269
Depreciation & Amortization	31,317	25,286	15,510	9,518	6,769
Loss (Gain) From Sale of Assets	109.82	9.17	-0.23	-193.01	78.89
Asset Writedown & Restructuring Costs	1,126	1,516	-	258	-
Loss (Gain) From Sale of Investments	-598.35	566.96	-168.69	628.19	837.37
Loss (Gain) on Equity Investments	129.46	51.01	13.1	157.43	-10.68
Stock-Based Compensation	182.11	1,019	1,170	5,183	-
Provision & Write-off of Bad Debts	293.07	184.12	58.77	-5.53	-180.94
Other Operating Activities	15,726	3,090	10,016	2,492	-8,224
Change in Accounts Receivable	644.32	-6,309	73.94	1,985	-6,630
Change in Inventory	-1,360	754.43	1,612	322.75	-981.5
Change in Accounts Payable	2,824	1,045	-4,106	-2,969	2,537
Change in Unearned Revenue	388.16	25.42	5.3	22.55	29.26
Change in Other Net Operating Assets	22,792	1,697	644.87	-212.66	1,705
Operating Cash Flow	85,645	44,566	33,736	21,206	16,199
Operating Cash Flow Growth	92.18%	32.10%	59.09%	30.91%	293.46%
Capital Expenditures	-1,291	-2,187	-1,099	-88.05	-1,613
Sale of Property, Plant & Equipment	0.77	8.35	2,121	1,944	-
Cash Acquisitions	-25,459	-	-46,201	-34,196	-
Divestitures	-	-	10,197	4,600	-
Sale (Purchase) of Intangibles	-32,562	-32,246	-25,956	-15,704	-10,089
Investment in Securities	-8,698	-1,654	-9.25	-8,128	-3,045
Other Investing Activities	-524.24	916.08	-444.59	-651.69	1,013
Investing Cash Flow	-65,534	-37,113	-61,391	-52,224	-13,734
Short-Term Debt Issued	22,446	2,890	-	3,980	-
Long-Term Debt Issued	10,000	12,000	44,430	-	37,000
Total Debt Issued	32,446	14,890	44,430	3,980	37,000
Short-Term Debt Repaid	-3,384	-2,242	-3,285	-62	-2,000
Long-Term Debt Repaid	-27,298	-7,149	-10,153	-3,553	-962.26
Total Debt Repaid	-30,682	-9,391	-13,438	-3,615	-2,962
Net Debt Issued (Repaid)	1,764	5,499	30,992	364.94	34,038
Issuance of Common Stock	3,870	-	-	10,308	1,063
Repurchase of Common Stock	-3,000	-	-	-	-
Dividends Paid	-3,533	-200	-200	-	-
Other Financing Activities	3,674	-41.06	25.62	-57.99	-150
Financing Cash Flow	-2,848	16,507	30,818	10,615	34,950
Foreign Exchange Rate Adjustments	121.13	743.07	79.52	180.93	248.73
Net Cash Flow	17,384	24,703	3,242	-20,222	37,664
Free Cash Flow	84,354	42,378	32,637	21,118	14,586
Free Cash Flow Growth	99.05%	29.85%	54.55%	44.78%	289.22%
Free Cash Flow Margin	56.12%	32.36%	29.31%	36.53%	29.75%
Free Cash Flow Per Share	1632.06	889.67	696.82	597.49	377.87
Cash Interest Paid	1,421	1,408	853.31	215.92	20.48
Cash Income Tax Paid	-5,231	4,348	3,479	2,797	133.67
Levered Free Cash Flow	31,329	19,885	11,143	-2,988	2,591
Unlevered Free Cash Flow	35,362	23,792	13,881	-1,260	3,385
Change in Working Capital	25,288	-2,787	-1,770	-850.98	-3,340

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