Appier Group Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	3,348	2,062	1,062	110	-1,170	-
Depreciation & Amortization	3,597	2,930	2,028	1,306	719	-
Loss (Gain) From Sale of Investments	-265	-289	-252	-68	-	-
Other Operating Activities	-663	-101	-79	-141	-25	-
Change in Accounts Receivable	-4,992	-2,349	-797	-882	-633	-
Change in Accounts Payable	992	661	493	210	337	-
Change in Other Net Operating Assets	522	-985	-231	460	26	-
Operating Cash Flow	2,655	1,929	2,224	995	-746	-
Operating Cash Flow Growth	-13.43%	-13.26%	123.52%	-	-	-
Capital Expenditures	-26	-74	-118	-97	-103	-
Cash Acquisitions	-3,299	-	-381	-1,236	-115	-
Sale (Purchase) of Intangibles	-4,760	-4,191	-3,229	-2,330	-1,417	-
Investment in Securities	4,682	2,009	5,769	-95	-7,323	-
Other Investing Activities	-31	15	-70	-14	-117	-
Investing Cash Flow	-3,434	-2,241	1,971	-3,772	-9,075	-
Short-Term Debt Issued	-	2,400	-	1,621	-	-
Total Debt Issued	9,350	2,400	-	1,621	-	-
Short-Term Debt Repaid	-	-1,500	-1,644	-1,621	-	-
Total Debt Repaid	-2,031	-1,500	-1,644	-1,621	-	-
Net Debt Issued (Repaid)	7,319	900	-1,644	-	-	-
Issuance of Common Stock	-	-	-	-	15,041	-
Repurchase of Common Stock	-855	-1,000	-	-	-	-
Other Financing Activities	-	-692	-606	-520	-645	-
Financing Cash Flow	6,261	-792	-2,250	-520	14,396	-
Foreign Exchange Rate Adjustments	302	466	385	539	351	-
Miscellaneous Cash Flow Adjustments	-	-	-	1	-	-
Net Cash Flow	5,784	-638	2,330	-2,757	4,926	-
Free Cash Flow	2,629	1,855	2,106	898	-849	-
Free Cash Flow Growth	-12.51%	-11.92%	134.52%	-	-	-
Free Cash Flow Margin	6.49%	5.45%	7.97%	4.62%	-6.71%	-
Free Cash Flow Per Share	25.69	18.04	20.50	8.74	-8.62	-
Cash Interest Paid	99	76	88	73	36	-
Cash Income Tax Paid	54	67	86	40	42	-
Levered Free Cash Flow	-	-4,173	-3,466	-4,433	-1,669	-
Unlevered Free Cash Flow	-	-4,128	-3,407	-4,388	-1,647	-
Change in Working Capital	-3,586	-2,673	-535	-212	-270	-

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