Coxem Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	21.37	999.76	1,684
Depreciation & Amortization	534.05	476.99	364.78
Loss (Gain) From Sale of Assets	-8.54	-8.54	-
Stock-Based Compensation	27.29	111.81	116.68
Provision & Write-off of Bad Debts	-79.81	44.52	-204.86
Other Operating Activities	-153.77	151.72	449.39
Change in Accounts Receivable	378.91	-784.96	-1,117
Change in Inventory	275.49	-676.29	-1,524
Change in Accounts Payable	-30.29	-73.26	381.7
Change in Income Taxes	-95.39	-95.39	-
Change in Other Net Operating Assets	-524.49	-567.29	-292.79
Operating Cash Flow	357.63	-420.91	-142.01
Capital Expenditures	-168.72	-510.17	-157.94
Sale of Property, Plant & Equipment	11.18	11.18	-
Cash Acquisitions	9.08	9.08	-
Sale (Purchase) of Intangibles	-109.2	-19.01	-62.81
Investment in Securities	4,518	1,674	-1,333
Other Investing Activities	-35.3	12	19.5
Investing Cash Flow	3,763	1,126	-1,548
Long-Term Debt Repaid	-	-275.98	-226.34
Net Debt Issued (Repaid)	-307.28	-275.98	-226.34
Issuance of Common Stock	101.56	9,537	328.06
Other Financing Activities	52.2	38.21	41.14
Financing Cash Flow	-4,151	9,300	142.86
Foreign Exchange Rate Adjustments	108	101.49	-19.64
Net Cash Flow	77.52	10,106	-1,567
Free Cash Flow	188.91	-931.08	-299.94
Free Cash Flow Margin	1.27%	-6.32%	-2.19%
Free Cash Flow Per Share	30.59	-166.57	-60.01
Cash Interest Paid	57.2	8.93	7.21
Cash Income Tax Paid	-	7.77	49.67
Levered Free Cash Flow	43.94	-2,150	-
Unlevered Free Cash Flow	96.26	-2,109	-
Change in Working Capital	4.23	-2,197	-2,552

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.