ANGEL ROBOTICS 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	FY 2020
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	Dec '20 Dec 31, 2020
Net Income	-9,922	-10,006	-9,239	-6,797	-24,094	-2,472
Depreciation & Amortization	1,942	1,830	1,279	1,117	666.28	468.14
Loss (Gain) From Sale of Assets	207.63	58.52	0.14	50.83	245.87	17.72
Loss (Gain) From Sale of Investments	-	-	-14.04	-159.63	-	-
Stock-Based Compensation	657.74	653.39	865.45	779.36	500.28	-
Other Operating Activities	722.08	494.41	2,948	48.63	18,986	9.25
Change in Accounts Receivable	-324.46	286.68	-573.43	-243.5	-191.5	-
Change in Inventory	-536.85	-351.34	349.59	-734.5	-315.92	-162.48
Change in Accounts Payable	-51.01	-41.95	-94.15	144.91	-	-
Change in Other Net Operating Assets	548.22	-150.18	125.92	34.74	447.33	73.33
Operating Cash Flow	-6,758	-7,226	-4,353	-5,759	-3,756	-2,066
Capital Expenditures	-928.65	-1,538	-731.09	-782.88	-1,652	-292.87
Sale of Property, Plant & Equipment	79.22	-	0.05	-	-	27.27
Sale (Purchase) of Intangibles	-227.64	-577.25	-474.5	-136.44	-161.18	-12.38
Investment in Securities	5,560	-6,440	-1,933	6,106	-14,000	-0.13
Other Investing Activities	50.73	-97.02	-62.4	-11.8	-253	-155.06
Investing Cash Flow	5,556	-12,924	-3,201	5,175	-16,067	-433.16
Long-Term Debt Repaid	-	-605.66	-440.66	-437.85	-213.5	-
Net Debt Issued (Repaid)	-553.32	-605.66	-440.66	-437.85	-213.5	-
Issuance of Common Stock	1,261	31,659	86.56	7.64	17,919	1,998
Other Financing Activities	-0	-0	-0	0	-	60.69
Financing Cash Flow	708.08	31,053	9,646	-430.21	17,706	2,059
Miscellaneous Cash Flow Adjustments	-	-0	-0	-	0	-
Net Cash Flow	-493.09	10,903	2,093	-1,014	-2,116	-440.9
Free Cash Flow	-7,686	-8,765	-5,084	-6,542	-5,408	-2,359
Free Cash Flow Margin	-176.44%	-208.14%	-98.79%	-299.51%	-664.43%	-1129.34%
Free Cash Flow Per Share	-511.49	-601.80	-487.53	-741.10	-718.47	-
Cash Interest Paid	91.95	74.11	73.75	51.37	99.28	-
Cash Income Tax Paid	16.51	107.55	2.53	-1.23	0.29	-
Levered Free Cash Flow	-5,168	-6,644	-28,884	-5,791	21,619	-
Unlevered Free Cash Flow	-5,108	-6,596	-28,501	-5,287	22,109	-
Change in Working Capital	-364.1	-256.78	-192.07	-798.35	-60.09	-89.15

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