d'Alba Global 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	79,054	15,409	13,605	890.98
Depreciation & Amortization	1,372	729.51	425.91	204.04
Loss (Gain) From Sale of Assets	3.85	-	-	10.78
Loss (Gain) From Sale of Investments	-553	-	-	-
Stock-Based Compensation	5,004	1,431	2,325	1,366
Provision & Write-off of Bad Debts	5.71	11.69	-71.26	82.53
Other Operating Activities	7,219	40,673	19,056	13,934
Change in Accounts Receivable	-20,079	-5,794	-5,327	-376.14
Change in Inventory	-19,285	-31,013	-10,022	-1,476
Change in Accounts Payable	8,027	819.24	2,300	-547.01
Change in Other Net Operating Assets	7,713	-6,458	2,010	78.7
Operating Cash Flow	68,482	15,809	24,301	14,168
Operating Cash Flow Growth	333.19%	-34.95%	71.53%	-
Capital Expenditures	-301.49	-834.61	-78.96	-492.86
Sale of Property, Plant & Equipment	-	-	-	9.5
Sale (Purchase) of Intangibles	-78.36	-302.75	-	-2.7
Investment in Securities	-24,447	-99.48	-	2,000
Other Investing Activities	-318.46	-553.87	-97.48	-233.49
Investing Cash Flow	-29,955	-1,791	-176.44	1,280
Short-Term Debt Repaid	-	-	-	-0.08
Long-Term Debt Repaid	-861.89	-400.77	-234.27	-128.94
Total Debt Repaid	-861.89	-400.77	-234.27	-129.01
Net Debt Issued (Repaid)	-861.89	-400.77	-234.27	-129.01
Issuance of Common Stock	40,913	592.76	444.04	12.18
Dividends Paid	-30,975	-2,372	-2,372	-
Other Financing Activities	-0	-	-199.74	-0
Financing Cash Flow	9,077	-2,180	-2,362	2,883
Foreign Exchange Rate Adjustments	-614.68	847.52	-147.63	-34.77
Net Cash Flow	46,990	12,686	21,616	18,296
Free Cash Flow	68,181	14,974	24,223	13,675
Free Cash Flow Growth	355.32%	-38.18%	77.13%	-
Free Cash Flow Margin	13.12%	4.84%	12.06%	9.42%
Free Cash Flow Per Share	5687.10	1404.25	2597.93	1583.25
Cash Interest Paid	235.38	770.09	569.8	38.59
Cash Income Tax Paid	18,317	5,130	2,664	531.4
Levered Free Cash Flow	53,090	-24,420	27,715	-
Unlevered Free Cash Flow	53,245	-23,931	28,527	-
Change in Working Capital	-23,623	-42,446	-11,039	-2,321

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