Livsmed 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-20,316	-25,585	-57,021	-59,019
Depreciation & Amortization	2,376	1,647	1,035	728.17
Loss (Gain) From Sale of Assets	-	-	-0.99	-
Stock-Based Compensation	4,704	4,804	4,197	2,023
Provision & Write-off of Bad Debts	166.81	382.18	307.96	-322.96
Other Operating Activities	-2,004	-593.22	32,954	42,325
Change in Accounts Receivable	-13,891	-6,801	-4,065	-3,421
Change in Inventory	-6,966	-761.34	-928.29	-923.6
Change in Accounts Payable	1,564	-402.64	335.18	1,272
Change in Other Net Operating Assets	617.75	-354.1	-1,537	-542.33
Operating Cash Flow	-33,748	-27,664	-24,723	-17,881
Capital Expenditures	-6,874	-4,345	-2,298	-654.24
Sale of Property, Plant & Equipment	23.95	-	3.82	-
Sale (Purchase) of Intangibles	-138.77	-110.01	-196.15	-311.12
Investment in Securities	2,000	32,000	-32,000	-
Other Investing Activities	-2,018	-1,962	-533.03	-81.59
Investing Cash Flow	-6,698	26,442	-35,023	-1,095
Short-Term Debt Issued	-	-	-	1,900
Total Debt Issued	2,000	-	-	1,900
Short-Term Debt Repaid	-	-	-1,900	-
Long-Term Debt Repaid	-	-425.83	-215.66	-463.13
Total Debt Repaid	-598.45	-425.83	-2,116	-463.13
Net Debt Issued (Repaid)	1,402	-425.83	-2,116	1,437
Issuance of Common Stock	37,591	10,596	-	28.13
Other Financing Activities	-	-	-0	-
Financing Cash Flow	38,992	10,170	52,884	21,467
Foreign Exchange Rate Adjustments	265.67	-151.72	-30.73	-76.13
Miscellaneous Cash Flow Adjustments	-0	-0	-	-0
Net Cash Flow	-1,188	8,797	-6,892	2,415
Free Cash Flow	-40,622	-32,009	-27,020	-18,535
Free Cash Flow Margin	-91.99%	-118.02%	-156.49%	-191.52%
Free Cash Flow Per Share	-1946.35	-1915.40	-1906.97	-1443.98
Cash Interest Paid	742.71	702.89	656.03	150.91
Cash Income Tax Paid	-	167.31	3.96	9.99
Levered Free Cash Flow	-	-168,238	-57,828	-
Unlevered Free Cash Flow	-	-162,855	-53,211	-
Change in Working Capital	-18,675	-8,319	-6,195	-3,614

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