Ivisionworks 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	-391.7	-4,591	2,669
Depreciation & Amortization	536.07	336.63	234.52
Loss (Gain) From Sale of Assets	18.01	-	-
Stock-Based Compensation	125.97	271.71	361.72
Provision & Write-off of Bad Debts	2.32	1.71	3.6
Other Operating Activities	131.27	7,680	667.48
Change in Accounts Receivable	-939.24	2,650	-567.33
Change in Inventory	1,458	2,750	-3,703
Change in Accounts Payable	-669.48	-1,927	2,339
Change in Unearned Revenue	-	-6.88	0.63
Change in Other Net Operating Assets	-425.47	-7,620	3,467
Operating Cash Flow	-154.7	-455.23	5,473
Capital Expenditures	-1,265	-3,347	-6,577
Sale of Property, Plant & Equipment	1.2	-	-
Sale (Purchase) of Intangibles	-	-122.4	-5.29
Investment in Securities	29.44	14,355	494
Other Investing Activities	88.09	-167.32	-47.62
Investing Cash Flow	-1,175	10,718	-6,136
Short-Term Debt Issued	-	1,620	-
Long-Term Debt Issued	-	2,124	4,865
Total Debt Issued	-	3,744	4,865
Short-Term Debt Repaid	-855	-765.16	-
Long-Term Debt Repaid	-1,469	-2,958	-1,294
Total Debt Repaid	-2,324	-3,723	-1,294
Net Debt Issued (Repaid)	-2,324	21.19	3,571
Issuance of Common Stock	472.68	68.43	3,149
Repurchase of Common Stock	-3.09	-26.45	-
Other Financing Activities	-2.72	1,971	0
Financing Cash Flow	-1,857	2,034	6,720
Foreign Exchange Rate Adjustments	20.57	3.64	-4.98
Net Cash Flow	-3,166	12,301	6,052
Free Cash Flow	-1,419	-3,802	-1,104
Free Cash Flow Margin	-6.17%	-10.81%	-4.75%
Free Cash Flow Per Share	-43.48	-121.74	-42.61
Cash Interest Paid	199.53	206.85	176.63
Cash Income Tax Paid	48.14	201.53	138.93
Levered Free Cash Flow	-2,401	-5,605	-
Unlevered Free Cash Flow	-2,138	-5,430	-
Change in Working Capital	-576.64	-4,154	1,537

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