Woongjin Thinkbig Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-15,787	-22,746	-19,458	-30,906	3,028	43,328
Depreciation & Amortization	57,773	59,312	65,987	77,209	70,125	50,825
Loss (Gain) From Sale of Assets	471.23	561.61	364.92	248.79	115.67	-29,617
Asset Writedown & Restructuring Costs	9,810	10,248	24,426	35,634	14,122	4,455
Loss (Gain) From Sale of Investments	559.78	592.35	1,063	1,254	564.2	-1,137
Loss (Gain) on Equity Investments	-	-	2,346	2,234	2,325	271.02
Stock-Based Compensation	46.08	-27.1	-40.44	-127.18	23.84	268.02
Provision & Write-off of Bad Debts	2,002	2,079	2,190	2,587	4,535	2,458
Other Operating Activities	77,086	75,734	94,205	87,754	94,133	114,308
Change in Accounts Receivable	24,468	17,406	-8,158	-4,616	2,176	14,953
Change in Inventory	7,951	4,608	4,830	-6,510	-11,720	-13,568
Change in Accounts Payable	-3,340	2,875	-3,849	3,338	-4,934	-177.72
Change in Unearned Revenue	-1,093	-1,027	2,150	177.55	-1,809	-197.04
Change in Other Net Operating Assets	-78,564	-70,790	-102,646	-94,926	-78,115	-91,446
Operating Cash Flow	81,385	78,825	63,411	73,351	94,572	94,724
Operating Cash Flow Growth	28.78%	24.31%	-13.55%	-22.44%	-0.16%	89.83%
Capital Expenditures	-4,317	-3,539	-5,078	-16,566	-38,083	-4,033
Sale of Property, Plant & Equipment	23.25	24.47	61.13	103.05	925.54	40,047
Cash Acquisitions	-	-	-	-	-	-50,694
Divestitures	-	-	5.3	-	-	-
Sale (Purchase) of Intangibles	-10,354	-11,107	-20,175	-33,716	-41,988	-32,690
Investment in Securities	-100,345	-96,114	354.82	17,036	13,609	-3,487
Other Investing Activities	6,863	4,254	4,566	2,619	-19.2	-2,284
Investing Cash Flow	-107,938	-106,219	-20,252	-30,056	-65,182	-53,227
Short-Term Debt Issued	-	224,014	146,400	112,895	92,645	63,464
Long-Term Debt Issued	-	83,000	-	5,700	13,300	-
Total Debt Issued	316,314	307,014	146,400	118,595	105,945	63,464
Short-Term Debt Repaid	-	-161,527	-140,936	-87,065	-100,161	-93,464
Long-Term Debt Repaid	-	-63,104	-33,171	-31,925	-31,062	-27,119
Total Debt Repaid	-234,199	-224,631	-174,107	-118,990	-131,223	-120,583
Net Debt Issued (Repaid)	82,115	82,383	-27,707	-395.08	-25,278	-57,119
Repurchase of Common Stock	-10,009	-10,009	-	-	-	-5,383
Dividends Paid	-10,141	-10,141	-	-7,888	-14,649	-12,551
Other Financing Activities	-15,678	-14,351	-8,321	-32,465	-4,616	-3,066
Financing Cash Flow	46,287	47,882	-36,028	-40,747	-44,542	-78,119
Foreign Exchange Rate Adjustments	102.39	-7.09	23.19	-4.08	25.07	91.69
Net Cash Flow	19,836	20,481	7,154	2,544	-15,127	-36,530
Free Cash Flow	77,068	75,286	58,333	56,786	56,489	90,691
Free Cash Flow Growth	31.23%	29.06%	2.72%	0.53%	-37.71%	90.54%
Free Cash Flow Margin	9.88%	9.44%	6.73%	6.38%	6.05%	11.14%
Free Cash Flow Per Share	1428.32	1361.00	1035.34	1007.89	1002.61	1596.35
Cash Interest Paid	11,971	10,644	8,321	7,440	4,616	3,007
Cash Income Tax Paid	758.56	925.46	-4,605	1,050	3,439	-19,720
Levered Free Cash Flow	36,741	48,628	42,777	24,703	12,598	67,445
Unlevered Free Cash Flow	44,853	55,896	47,861	30,443	16,493	70,311
Change in Working Capital	-50,577	-46,927	-107,673	-102,537	-94,403	-90,436