Qualitas Semiconductor 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	-23,090	-19,057	-8,109	-2,281	-3,655
Depreciation & Amortization	2,147	2,025	1,715	981.89	517.09
Loss (Gain) From Sale of Assets	43.39	0.51	20.58	6.47	36.33
Loss (Gain) From Sale of Investments	-393.93	-757.76	-150.95	25.13	-6.06
Stock-Based Compensation	16.93	256.12	373.06	280.32	175.7
Other Operating Activities	1,161	-538.46	2,104	1,704	759.3
Change in Accounts Receivable	-622.64	-590.65	-444.73	-409.99	-98.98
Change in Unearned Revenue	1,043	192.12	-37.77	-50.6	-46.48
Change in Other Net Operating Assets	3,232	1,361	-6,738	65.97	1,990
Operating Cash Flow	-16,465	-17,110	-11,268	322.05	-327.75
Capital Expenditures	-319.29	-1,609	-2,351	-2,083	-489.94
Sale of Property, Plant & Equipment	-	-	3.5	-	-
Sale (Purchase) of Intangibles	-196.83	-135.45	-353.15	-34.86	-
Investment in Securities	-7,159	-42,273	-50.42	-1,027	26.37
Other Investing Activities	15.6	113.2	42.43	-169.96	-343.42
Investing Cash Flow	-7,659	-43,905	-2,709	-3,315	-807
Short-Term Debt Issued	-	-	5,000	-	300
Long-Term Debt Issued	30,476	520	-	-	-
Total Debt Issued	30,476	520	5,000	-	300
Short-Term Debt Repaid	-	-	-	-1,600	-80
Long-Term Debt Repaid	-380.82	-708.47	-514.64	-479.59	-487.76
Total Debt Repaid	-380.82	-708.47	-514.64	-2,080	-567.76
Net Debt Issued (Repaid)	30,095	-188.47	4,485	-2,080	-267.76
Issuance of Common Stock	657.79	42,252	31,568	-	-
Other Financing Activities	-3.26	-508.77	-1,617	50	50
Financing Cash Flow	30,750	41,555	34,437	4,968	2,784
Foreign Exchange Rate Adjustments	16.72	18.43	14.98	67.26	-0.01
Net Cash Flow	6,643	-19,441	20,475	2,043	1,650
Free Cash Flow	-16,784	-18,719	-13,619	-1,761	-817.7
Free Cash Flow Margin	-313.71%	-308.15%	-126.40%	-16.32%	-20.69%
Free Cash Flow Per Share	-1194.98	-1532.32	-1612.43	-274.01	-7318.57
Cash Interest Paid	323.7	347.05	137.59	25.63	28.07
Cash Income Tax Paid	152.19	54.27	17.32	13.43	5.88
Levered Free Cash Flow	-15,033	-13,020	-13,416	-3,956	-1,863
Unlevered Free Cash Flow	-14,401	-12,801	-12,808	-3,225	-1,599
Change in Working Capital	3,651	962.15	-7,221	-394.62	1,845

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