Apogee Optocom Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-29.99	-137.94	-103.36	89.57	11.7
Depreciation & Amortization	124.9	150.49	163.41	171.64	153.41
Loss (Gain) From Sale of Assets	-0.13	-	-	-	-
Loss (Gain) From Sale of Investments	0.76	0.75	0.52	0.28	-0.18
Stock-Based Compensation	-	-	-	-	0.33
Provision & Write-off of Bad Debts	9.92	-1.16	1.27	-1.28	-0.13
Other Operating Activities	20	-2.95	-58.09	18.96	-34.8
Change in Accounts Receivable	-44.04	10.39	24.28	17.42	0.22
Change in Inventory	3.65	34.41	-10.84	4.48	14.23
Change in Accounts Payable	0.48	-1.99	4.63	1.79	-9.14
Change in Unearned Revenue	2.58	-	-	-	-
Change in Other Net Operating Assets	-4.26	4.23	-1.92	3.1	-23.6
Operating Cash Flow	83.87	56.22	19.91	305.97	112.05
Operating Cash Flow Growth	49.18%	182.37%	-93.49%	173.08%	-62.81%
Capital Expenditures	-15.59	-18.38	-39.93	-22.63	-250.22
Sale of Property, Plant & Equipment	0.13	-	-	-	-
Sale (Purchase) of Intangibles	-0.48	-	-	-	-0.88
Investment in Securities	2.47	5.72	-80.05	-124.69	-99.81
Other Investing Activities	-	-	-	-	150.08
Investing Cash Flow	-13.47	-12.65	-119.98	-147.31	-200.83
Short-Term Debt Issued	65	55	65	-	10.5
Total Debt Issued	65	55	65	-	10.5
Short-Term Debt Repaid	-55	-55	-65	-10	-
Long-Term Debt Repaid	-11.61	-11.92	-12.23	-11.88	-10.97
Total Debt Repaid	-66.61	-66.92	-77.23	-21.88	-10.97
Net Debt Issued (Repaid)	-1.61	-11.92	-12.23	-21.88	-0.47
Issuance of Common Stock	-	-	-	-	0.42
Common Dividends Paid	-19.25	-19.25	-77.02	-77.02	-96.25
Other Financing Activities	-	-	-	0.1	-
Financing Cash Flow	-20.87	-31.18	-89.25	-98.8	-96.31
Net Cash Flow	49.53	12.39	-189.32	59.86	-185.09
Free Cash Flow	68.27	37.84	-20.02	283.35	-138.18
Free Cash Flow Growth	80.41%	-	-	-	-
Free Cash Flow Margin	14.01%	11.47%	-5.52%	45.41%	-26.63%
Free Cash Flow Per Share	1.78	0.98	-0.52	7.35	-3.59
Cash Interest Paid	0.5	0.67	0.83	0.19	0.35
Cash Income Tax Paid	-13.3	0.89	25.3	3.58	26.78
Levered Free Cash Flow	74.65	69.11	18.85	216.99	-135.11
Unlevered Free Cash Flow	74.96	69.53	19.36	217.55	-134.89
Change in Working Capital	-41.59	47.03	16.16	26.79	-18.29

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