SPSoft 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	3,814	302.08	4,378
Depreciation & Amortization	1,983	1,577	1,246
Loss (Gain) From Sale of Assets	2.78	60.16	-0.14
Asset Writedown & Restructuring Costs	-	280	-
Loss (Gain) From Sale of Investments	-369.41	-163.54	-10.53
Stock-Based Compensation	250.94	675.2	466.16
Provision & Write-off of Bad Debts	-14.48	25.82	-10.42
Other Operating Activities	-224.46	4,337	643.32
Change in Accounts Receivable	1,446	-328.79	6.6
Change in Accounts Payable	-643.57	-816.92	637.07
Change in Unearned Revenue	1,263	-2,896	-197.72
Change in Income Taxes	-78.53	-657.02	68.4
Change in Other Net Operating Assets	-4,127	-777.14	125.86
Operating Cash Flow	3,304	1,310	7,217
Operating Cash Flow Growth	152.31%	-81.86%	-
Capital Expenditures	-475.01	-3,811	-3,055
Sale of Property, Plant & Equipment	32.48	1,161	1.13
Cash Acquisitions	-	2,144	-
Divestitures	-	9,247	-
Sale (Purchase) of Intangibles	-1,300	-4.72	-0.59
Sale (Purchase) of Real Estate	-	538.36	-
Investment in Securities	-6,509	4,022	-8,522
Other Investing Activities	108.49	1.54	22.72
Investing Cash Flow	-7,636	9,721	-10,013
Long-Term Debt Repaid	-347.78	-331.67	-299.56
Net Debt Issued (Repaid)	-347.78	-331.67	-299.56
Issuance of Common Stock	655.56	-	-
Repurchase of Common Stock	-1,952	-23.21	-
Other Financing Activities	-1.16	-18.14	-
Financing Cash Flow	-1,645	-373.03	-299.56
Foreign Exchange Rate Adjustments	-3.45	25.33	9.24
Miscellaneous Cash Flow Adjustments	-0	0	0
Net Cash Flow	-5,980	10,683	-3,086
Free Cash Flow	2,829	-2,501	4,163
Free Cash Flow Margin	5.19%	-5.54%	11.81%
Free Cash Flow Per Share	114.96	-107.65	230.94
Cash Interest Paid	23.24	7.65	-
Cash Income Tax Paid	687.68	260.36	113.11
Levered Free Cash Flow	-306.84	2,698	-
Unlevered Free Cash Flow	-271.45	2,915	-
Change in Working Capital	-2,138	-5,784	505.05

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