COVER Corporation (COVCF)

COVER Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	7,448	5,722	3,352	-	-
Depreciation & Amortization	958	476	112	-	-
Loss (Gain) From Sale of Assets	164	-	32	-	-
Other Operating Activities	-1,920	-1,076	-539	-	-
Change in Accounts Receivable	-1,919	-282	-1,246	-	-
Change in Inventory	-2,129	-662	-81	-	-
Change in Accounts Payable	459	176	1,133	-	-
Change in Other Net Operating Assets	2,224	411	2,103	-	-
Operating Cash Flow	5,285	4,765	4,866	-	-
Operating Cash Flow Growth	10.91%	-2.08%	-	-	-
Capital Expenditures	-623	-2,429	-1,463	-	-
Cash Acquisitions	-	-146	-	-	-
Sale (Purchase) of Intangibles	-1,852	-1,267	-899	-	-
Investment in Securities	-55	-	-	-	-
Other Investing Activities	-166	-51	-397	-	-
Investing Cash Flow	-2,696	-3,893	-2,759	-	-
Issuance of Common Stock	244	-	1,040	-	-
Financing Cash Flow	244	-	1,040	-	-
Foreign Exchange Rate Adjustments	-1	1	-	-	-
Miscellaneous Cash Flow Adjustments	-1	-	1	-	-
Net Cash Flow	2,831	873	3,148	-	-
Free Cash Flow	4,662	2,336	3,403	-	-
Free Cash Flow Growth	99.57%	-31.36%	-	-	-
Free Cash Flow Margin	10.74%	7.74%	16.64%	-	-
Free Cash Flow Per Share	69.61	34.89	52.04	-	-
Cash Income Tax Paid	1,919	1,237	541	-	-
Levered Free Cash Flow	2,762	-173.75	2,563	-	-
Unlevered Free Cash Flow	2,762	-173.75	2,563	-	-
Change in Working Capital	-1,365	-357	1,909	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.