Bonraybio 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	102.51	68.37	25.73	1.69	-31.71
Depreciation & Amortization	12.26	11.15	10.64	9.37	11.15
Other Amortization	1.18	0.68	-	0.14	0.1
Loss (Gain) From Sale of Assets	-	-	-	-	0.42
Stock-Based Compensation	-	0.03	-	0.08	0.52
Other Operating Activities	0.9	-2.95	-0.47	-0.68	-3.43
Change in Accounts Receivable	-6.2	-5.14	-9.36	-0.1	-3.85
Change in Inventory	-15.82	-8.33	-2.59	-2.88	-0.89
Change in Accounts Payable	-2.16	1.49	-0.1	0.2	2.13
Change in Unearned Revenue	0.92	4.13	-0.52	1.58	-0.14
Change in Other Net Operating Assets	6.41	10.72	3.57	2.59	0.61
Operating Cash Flow	99.99	80.14	26.9	11.98	-25.09
Operating Cash Flow Growth	24.78%	197.95%	124.50%	-	-
Capital Expenditures	-18.57	-2.17	-5.63	-4.08	-2.96
Sale of Property, Plant & Equipment	-	-	-	-	0
Sale (Purchase) of Intangibles	-15.67	-8.85	-4.12	-3.87	-1.68
Investment in Securities	-184.4	-	9.8	4.14	-73.44
Other Investing Activities	-0.02	-0.42	3.65	-0.23	1.38
Investing Cash Flow	-218.66	-11.45	3.7	-4.04	-76.69
Short-Term Debt Issued	15	-	-	-	-
Total Debt Issued	15	-	-	-	-
Long-Term Debt Repaid	-3.26	-3.07	-3.03	-2.87	-2.73
Net Debt Issued (Repaid)	11.74	-3.07	-3.03	-2.87	-2.73
Issuance of Common Stock	-	227.69	-	13.78	164.58
Common Dividends Paid	-32.35	-3.42	-	-	-
Financing Cash Flow	-20.61	221.2	-3.03	10.91	161.85
Foreign Exchange Rate Adjustments	0.36	3.41	-0.11	0.55	-0.77
Net Cash Flow	-138.92	293.3	27.46	19.4	59.29
Free Cash Flow	81.42	77.96	21.26	7.9	-28.05
Free Cash Flow Growth	4.44%	266.69%	169.26%	-	-
Free Cash Flow Margin	26.58%	34.98%	13.32%	7.43%	-49.83%
Free Cash Flow Per Share	3.27	3.42	0.94	0.39	-1.76
Cash Interest Paid	0.13	0.18	0.22	0.15	0.21
Cash Income Tax Paid	0.35	0.03	0.03	-	-
Levered Free Cash Flow	28.82	42.3	4.93	0.88	-23.28
Unlevered Free Cash Flow	28.9	42.41	5.07	0.97	-23.15
Change in Working Capital	-16.86	2.86	-9	1.38	-2.14

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