CMES Inc. 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-15,084	-13,463	-15,686	-9,056
Depreciation & Amortization	1,315	1,276	1,079	712.71
Loss (Gain) From Sale of Assets	0.36	0.36	169.46	-
Asset Writedown & Restructuring Costs	-	-	1,735	-
Loss (Gain) From Sale of Investments	-1.55	-1.55	-	-
Stock-Based Compensation	1,430	1,320	1,150	1,175
Provision & Write-off of Bad Debts	14.45	7.02	-1.21	1.21
Other Operating Activities	139.26	177.88	4,542	2,775
Change in Accounts Receivable	-256.55	-1,558	-102.36	-320.16
Change in Inventory	-1,662	-465.13	113.6	-719.18
Change in Accounts Payable	326.38	466.86	-34.4	141.95
Change in Other Net Operating Assets	-624.44	-411.6	-1,127	940.29
Operating Cash Flow	-14,403	-12,650	-8,161	-4,349
Capital Expenditures	-565.16	-1,413	-1,683	-1,711
Sale of Property, Plant & Equipment	-	-	5	-
Cash Acquisitions	-	-	-579.96	-
Sale (Purchase) of Intangibles	-9.8	-	-64.95	-451.2
Investment in Securities	2,299	-	-49.77	-
Other Investing Activities	-492.98	-352.78	29.56	-1,157
Investing Cash Flow	1,181	-1,965	-2,343	-3,420
Long-Term Debt Issued	-	579.94	1,760	-
Short-Term Debt Repaid	-	-	-	-1,200
Long-Term Debt Repaid	-	-762.55	-581.25	-488.41
Total Debt Repaid	-3,110	-762.55	-581.25	-1,688
Net Debt Issued (Repaid)	-3,110	-182.61	1,179	-1,688
Issuance of Common Stock	67,111	67,147	21.85	2.13
Other Financing Activities	-	-	-0	-0
Financing Cash Flow	64,001	66,965	1,201	8,314
Foreign Exchange Rate Adjustments	-26.07	29.14	-4.31	32.83
Net Cash Flow	50,752	52,378	-9,308	577.6
Free Cash Flow	-14,968	-14,063	-9,845	-6,060
Free Cash Flow Margin	-219.69%	-204.16%	-128.87%	-129.50%
Free Cash Flow Per Share	-1462.56	-1464.27	-1421.72	-887.11
Cash Interest Paid	86.15	95.42	116.18	44.51
Cash Income Tax Paid	-	-10.98	11.5	86.61
Levered Free Cash Flow	-	-8,512	-30,491	-
Unlevered Free Cash Flow	-	-8,462	-29,433	-
Change in Working Capital	-2,217	-1,968	-1,150	42.89

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