Justem 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	7,014	-2,137	-3,385	6,322
Depreciation & Amortization	2,035	1,797	1,118	696.53
Loss (Gain) From Sale of Assets	25.69	-11.71	-128.7	-
Asset Writedown & Restructuring Costs	829.59	829.59	-	-
Loss (Gain) From Sale of Investments	56.79	27.57	-106.8	92.73
Stock-Based Compensation	726.76	1,535	1,959	806.73
Provision & Write-off of Bad Debts	-75.97	-20.48	-143.13	2.51
Other Operating Activities	-1,582	-458.27	3,421	479.87
Change in Accounts Receivable	-127.58	1,303	-3,277	290.55
Change in Inventory	-1,879	360.22	-1,696	-942.67
Change in Accounts Payable	582.92	-934.59	-308.23	-593.81
Change in Other Net Operating Assets	-2,075	2,050	-5,630	1,128
Operating Cash Flow	5,532	4,340	-8,176	8,283
Capital Expenditures	-7,673	-2,919	-24,197	-5,192
Sale of Property, Plant & Equipment	53.64	52.73	331.82	-
Cash Acquisitions	-	-	-1,461	-
Sale (Purchase) of Intangibles	-519.51	-807.91	-133.37	-252.36
Investment in Securities	5,225	2,793	-4,454	1,123
Other Investing Activities	-138.71	-111.95	515.79	58.09
Investing Cash Flow	-3,448	-1,389	-29,243	-3,973
Short-Term Debt Issued	-	-	2,032	1,500
Long-Term Debt Issued	-	4,600	15,000	-
Total Debt Issued	14,800	4,600	17,032	1,500
Short-Term Debt Repaid	-	-500	-1,525	-1,500
Long-Term Debt Repaid	-	-5,896	-3,831	-250.33
Total Debt Repaid	-15,398	-6,396	-5,356	-1,750
Net Debt Issued (Repaid)	-597.99	-1,796	11,676	-250.33
Issuance of Common Stock	76.02	494.5	470.77	19,314
Repurchase of Common Stock	-	-	-995.39	-
Other Financing Activities	-2.62	-1.97	-3.09	-676.61
Financing Cash Flow	-524.59	-1,303	11,148	18,387
Foreign Exchange Rate Adjustments	116.65	91.7	-51.53	-328.29
Net Cash Flow	1,676	1,739	-26,322	22,369
Free Cash Flow	-2,141	1,421	-32,373	3,091
Free Cash Flow Margin	-4.74%	3.67%	-90.09%	6.71%
Free Cash Flow Per Share	-298.77	200.75	-4599.11	542.25
Cash Interest Paid	328.94	257.74	417.79	208.68
Cash Income Tax Paid	30.14	-440.47	883.73	1,769
Levered Free Cash Flow	-14,864	3,077	-32,842	-
Unlevered Free Cash Flow	-14,173	3,768	-32,250	-
Change in Working Capital	-3,498	2,779	-10,911	-117.65

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