INNOSPACE 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-75,097	-33,346	-83,247	-48,345
Depreciation & Amortization	6,461	3,207	1,972	1,464
Loss (Gain) From Sale of Assets	280.3	284.51	-	2.64
Asset Writedown & Restructuring Costs	1,589	724.53	-	50.67
Loss (Gain) From Sale of Investments	21.9	-	-	-
Stock-Based Compensation	2,797	1,666	1,114	88.96
Other Operating Activities	13,309	5,997	68,119	23,207
Change in Inventory	-7,827	-6,065	-255.84	-301.6
Change in Accounts Payable	847.28	1,010	-	-
Change in Unearned Revenue	-	-	-25.21	-16.04
Change in Other Net Operating Assets	6,451	-6,482	-998.79	500.94
Operating Cash Flow	-51,168	-33,003	-13,322	-23,349
Capital Expenditures	-20,682	-13,036	-404.95	-3,014
Sale of Property, Plant & Equipment	184.71	6.14	-	-
Sale (Purchase) of Intangibles	-2,412	-689.42	-680.56	-101.26
Investment in Securities	-1,041	6,900	-6,900	-
Other Investing Activities	-700.9	-770.23	-171.63	-215.3
Investing Cash Flow	-24,651	-7,590	-8,157	-3,330
Short-Term Debt Issued	15,000	600	-	-
Long-Term Debt Issued	-	-	100	-
Total Debt Issued	15,000	600	100	-
Short-Term Debt Repaid	-15,600	-	-	-5
Long-Term Debt Repaid	-1,622	-882.81	-710.22	-348.85
Total Debt Repaid	-17,222	-882.81	-710.22	-353.85
Net Debt Issued (Repaid)	-2,222	-282.81	-610.22	-353.85
Issuance of Common Stock	47,597	56,229	-	-
Repurchase of Common Stock	-231.85	-	-	-
Other Financing Activities	305.95	173.32	174.8	60.86
Financing Cash Flow	75,940	56,120	14,954	19,693
Foreign Exchange Rate Adjustments	82.44	20.52	28.03	4.98
Net Cash Flow	202.94	15,547	-6,497	-6,981
Free Cash Flow	-71,850	-46,040	-13,727	-26,362
Free Cash Flow Margin	-2616.08%	-313024.07%	-5931.41%	-7703.79%
Free Cash Flow Per Share	-4834.56	-3519.26	-3002.16	-8741.60
Cash Interest Paid	546.98	176.42	98.46	77.92
Cash Income Tax Paid	-27.53	109.79	56.57	6.68
Levered Free Cash Flow	-54,267	-34,767	-9,705	-
Unlevered Free Cash Flow	-53,912	-34,645	-9,636	-
Change in Working Capital	-528.85	-11,537	-1,280	183.3

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