Aniplus Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	9,653	12,071	15,630	8,906	4,019	20,269
Depreciation & Amortization	32,734	31,317	25,286	15,510	9,518	6,769
Loss (Gain) From Sale of Assets	109.82	109.82	9.17	-0.23	-193.01	78.89
Asset Writedown & Restructuring Costs	1,126	1,126	1,516	-	258	-
Loss (Gain) From Sale of Investments	35.23	-598.35	566.96	-168.69	628.19	837.37
Loss (Gain) on Equity Investments	129.46	129.46	51.01	13.1	157.43	-10.68
Stock-Based Compensation	-23.03	182.11	1,019	1,170	5,183	-
Provision & Write-off of Bad Debts	280.24	293.07	184.12	58.77	-5.53	-180.94
Other Operating Activities	9,394	15,726	3,090	10,016	2,492	-8,224
Change in Accounts Receivable	3,474	644.32	-6,309	73.94	1,985	-6,630
Change in Inventory	-2,299	-1,360	754.43	1,612	322.75	-981.5
Change in Accounts Payable	3,031	2,824	1,045	-4,106	-2,969	2,537
Change in Unearned Revenue	-27.27	388.16	25.42	5.3	22.55	29.26
Change in Other Net Operating Assets	6,811	22,792	1,697	644.87	-212.66	1,705
Operating Cash Flow	64,429	85,645	44,566	33,736	21,206	16,199
Operating Cash Flow Growth	15.88%	92.18%	32.10%	59.09%	30.91%	293.46%
Capital Expenditures	-1,251	-1,291	-2,187	-1,099	-88.05	-1,613
Sale of Property, Plant & Equipment	0.77	0.77	8.35	2,121	1,944	-
Cash Acquisitions	-25,459	-25,459	-	-46,201	-34,196	-
Divestitures	-	-	-	10,197	4,600	-
Sale (Purchase) of Intangibles	-30,639	-32,562	-32,246	-25,956	-15,704	-10,089
Investment in Securities	-8,342	-8,698	-1,654	-9.25	-8,128	-3,045
Other Investing Activities	-436.28	-524.24	916.08	-444.59	-651.69	1,013
Investing Cash Flow	-63,127	-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	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	-31,000	-30,682	-9,391	-13,438	-3,615	-2,962
Net Debt Issued (Repaid)	1,446	1,764	5,499	30,992	364.94	34,038
Issuance of Common Stock	3,870	3,870	-	-	10,308	1,063
Repurchase of Common Stock	-160.66	-3,000	-	-	-	-
Dividends Paid	-3,533	-3,533	-200	-200	-	-
Other Financing Activities	-12,361	3,674	-41.06	25.62	-57.99	-150
Financing Cash Flow	-16,362	-2,848	16,507	30,818	10,615	34,950
Foreign Exchange Rate Adjustments	388.03	121.13	743.07	79.52	180.93	248.73
Net Cash Flow	-14,672	17,384	24,703	3,242	-20,222	37,664
Free Cash Flow	63,178	84,354	42,378	32,637	21,118	14,586
Free Cash Flow Growth	17.84%	99.05%	29.85%	54.55%	44.78%	289.22%
Free Cash Flow Margin	41.97%	56.12%	32.36%	29.31%	36.53%	29.75%
Free Cash Flow Per Share	1252.74	1737.36	947.07	741.77	636.03	402.24
Cash Interest Paid	1,457	1,421	1,408	853.31	215.92	20.48
Cash Income Tax Paid	291.79	-5,231	4,348	3,479	2,797	133.67
Levered Free Cash Flow	-3,869	31,329	19,885	11,143	-2,988	2,591
Unlevered Free Cash Flow	-176.36	35,362	23,792	13,881	-1,260	3,385
Change in Working Capital	10,990	25,288	-2,787	-1,770	-850.98	-3,340