GI Innovation 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	-35,135	-58,784	-55,495	-79,833	-150,742
Depreciation & Amortization	2,989	3,101	3,329	3,157	2,147
Loss (Gain) From Sale of Assets	-14.52	0.81	-6.45	-10.39	1.37
Loss (Gain) From Sale of Investments	-4,826	5,640	2,501	12,579	-381.73
Loss (Gain) on Equity Investments	652.86	5,094	2,054	694.06	17,952
Stock-Based Compensation	1,711	3,155	6,547	4,488	3,772
Other Operating Activities	1,428	1,529	-589.55	942.72	103,574
Change in Accounts Receivable	-	-	-	110	-110
Change in Other Net Operating Assets	890.93	-3,161	485.69	-4,678	-2,790
Operating Cash Flow	-32,303	-43,427	-41,174	-62,550	-26,577
Capital Expenditures	-7,375	-24.74	-566.21	-2,932	-3,830
Sale of Property, Plant & Equipment	9.34	-	-	32.27	0.09
Sale (Purchase) of Intangibles	-161.04	-	-12.94	-38.17	-1,092
Investment in Securities	-35,824	24,443	23,053	66,047	-133,956
Other Investing Activities	-316.25	-399.58	-361.21	-25.37	-293.22
Investing Cash Flow	-43,313	15,250	22,263	62,984	-139,171
Long-Term Debt Issued	-	10,000	-	-	-
Long-Term Debt Repaid	-638.09	-544.84	-528.42	-438.39	-376.95
Net Debt Issued (Repaid)	-638.09	9,455	-528.42	-438.39	-376.95
Issuance of Common Stock	116,734	11,302	26,439	406.31	161,932
Repurchase of Common Stock	-132.99	-	-	-	-
Other Financing Activities	-1,670	-140.09	-801.33	-	-62.5
Financing Cash Flow	114,293	20,617	25,109	-32.07	161,492
Miscellaneous Cash Flow Adjustments	-0	0	0	-0	-0
Net Cash Flow	38,677	-7,560	6,198	401.67	-4,256
Free Cash Flow	-39,678	-43,451	-41,741	-65,482	-30,407
Free Cash Flow Margin	-679.64%	-178949.11%	-784.77%	-1870.92%	-542.99%
Free Cash Flow Per Share	-682.10	-983.09	-967.03	-1637.20	-1819.08
Cash Interest Paid	225.25	351.74	327.69	358.98	249.49
Cash Income Tax Paid	131.38	-131.23	495.71	240.77	-17.61
Levered Free Cash Flow	-36,748	-26,642	-19,990	-41,075	-19,833
Unlevered Free Cash Flow	-35,772	-26,024	-19,764	-40,832	-19,657
Change in Working Capital	890.93	-3,161	485.69	-4,568	-2,900

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