Voronoi 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	-42,706	-32,613	-36,848	-19,900	-15,096
Depreciation & Amortization	1,787	1,966	2,705	3,031	3,211
Loss (Gain) From Sale of Assets	-9.14	-13.69	-22.48	-10.39	2,926
Asset Writedown & Restructuring Costs	200	-	4,255	-	4,270
Loss (Gain) From Sale of Investments	-172.19	-995.38	-799.35	250.17	-
Stock-Based Compensation	8,372	1,174	-	881.05	311
Other Operating Activities	-10,030	-45.99	3,325	2,507	-652.03
Change in Accounts Receivable	-22.06	-	-	-	-
Change in Other Net Operating Assets	-29,513	1,476	-1,464	-3,093	-12,609
Operating Cash Flow	-72,095	-29,052	-28,849	-16,335	-17,640
Capital Expenditures	-1,650	-1,124	-1,080	-545.82	-575.78
Sale of Property, Plant & Equipment	29.27	14.12	47.32	68.15	-
Sale (Purchase) of Intangibles	-32.81	-108	-2.33	-6.59	-7.23
Investment in Securities	-30,795	23,527	-31,087	-37,559	-60.42
Other Investing Activities	-0	-	-0	-0	-
Investing Cash Flow	-32,466	22,290	-32,212	-38,043	-643.42
Short-Term Debt Issued	-	-	-	-	2,100
Long-Term Debt Issued	85,985	-	-	-	25,000
Total Debt Issued	85,985	-	-	-	27,100
Short-Term Debt Repaid	-	-	-	-2,100	-
Long-Term Debt Repaid	-805.36	-783.45	-631.65	-669.98	-2,743
Total Debt Repaid	-805.36	-783.45	-631.65	-2,770	-2,743
Net Debt Issued (Repaid)	85,180	-783.45	-631.65	-2,770	24,357
Issuance of Common Stock	46,370	4,742	64,847	53,040	-
Repurchase of Common Stock	-	-	-176.21	-	-
Other Financing Activities	-1,360	-23.01	-1,082	-3,190	-1.21
Financing Cash Flow	130,190	3,936	62,957	47,080	24,356
Foreign Exchange Rate Adjustments	-45.56	123.8	-58.33	112.18	183.83
Miscellaneous Cash Flow Adjustments	-	-	-	-	0
Net Cash Flow	25,583	-2,703	1,838	-7,185	6,257
Free Cash Flow	-73,744	-30,176	-29,929	-16,881	-18,216
Free Cash Flow Margin	-981.64%	-	-	-172.82%	-123.21%
Free Cash Flow Per Share	-4099.36	-1720.99	-1950.39	-1209.23	-1459.07
Cash Interest Paid	64.62	54.53	30.63	66.61	437.63
Cash Income Tax Paid	-134.21	142.37	174.69	505.1	1.31
Levered Free Cash Flow	-37,762	-16,087	-22,503	-12,054	-13,423
Unlevered Free Cash Flow	-36,107	-15,724	-21,310	-10,727	-12,902
Change in Working Capital	-29,535	1,476	-1,464	-3,093	-12,609

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