Gaonchips 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	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-3,290	7,531	6,344	4,419	6,183
Depreciation & Amortization	6,775	5,915	4,250	2,231	1,230
Loss (Gain) From Sale of Assets	40.49	-	183.81	4.4	-
Loss (Gain) From Sale of Investments	2.72	2.72	0.98	-	-
Stock-Based Compensation	513.81	592.39	398.28	172.64	23.35
Other Operating Activities	-2,428	-2,347	-1,910	446	120.05
Change in Accounts Receivable	9,577	-4,485	-7,029	-4,860	349.54
Change in Accounts Payable	-595.67	13,901	8,682	-4,254	1,449
Change in Other Net Operating Assets	-27,559	-10,306	-5,255	7,762	-5,902
Operating Cash Flow	-16,964	10,804	5,666	5,920	3,453
Operating Cash Flow Growth	-	90.67%	-4.29%	71.46%	-
Capital Expenditures	-7,592	-9,505	-6,775	-6,081	-2,650
Sale (Purchase) of Intangibles	-1,548	-1,293	-4,109	-5,439	-217.37
Investment in Securities	-7,506	12,278	1,725	-19,571	-5,354
Other Investing Activities	336.74	452.18	915.49	-58.43	-61.24
Investing Cash Flow	-16,601	1,313	-9,281	-31,709	-8,283
Long-Term Debt Issued	-	-	-	3,591	1,234
Long-Term Debt Repaid	-	-716.94	-367.73	-375.03	-291.72
Net Debt Issued (Repaid)	33,730	-716.94	-367.73	3,216	942.28
Issuance of Common Stock	109.43	106.98	-	27,937	-
Other Financing Activities	-	-	-	-	-23.96
Financing Cash Flow	33,839	-609.96	-367.73	31,153	918.31
Foreign Exchange Rate Adjustments	202.23	210.25	-13.99	8.73	142.33
Net Cash Flow	476.43	11,717	-3,996	5,373	-3,770
Free Cash Flow	-24,556	1,298	-1,109	-160.15	802.68
Free Cash Flow Margin	-30.84%	1.35%	-1.74%	-0.37%	2.49%
Free Cash Flow Per Share	-2125.05	112.90	-96.50	-14.96	85.14
Cash Interest Paid	299.83	305.26	164.26	45.24	16.01
Cash Income Tax Paid	914.86	1,397	412.17	651.21	66.52
Levered Free Cash Flow	-5,611	-2,678	-9,331	-6,376	-
Unlevered Free Cash Flow	-4,966	-2,392	-9,142	-6,343	-
Change in Working Capital	-18,578	-889.48	-3,601	-1,352	-4,103

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