MicroBase Technology 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	30.14	69.44	38.11	6.35	-37.35
Depreciation & Amortization	13.12	12.96	13.69	15.26	21.91
Other Amortization	-	0.05	0.16	0.16	0.14
Loss (Gain) From Sale of Assets	-	-	-0.02	-0.02	-0.73
Stock-Based Compensation	0.16	0.29	0.37	-	-
Provision & Write-off of Bad Debts	-	-	-	-	-0.05
Other Operating Activities	3.78	0.51	-6.47	3.86	-0.37
Change in Accounts Receivable	-9.73	4.55	-3.09	-0.42	9.46
Change in Inventory	4.5	-8.1	2.37	15.65	18.6
Change in Accounts Payable	-5.71	-4.97	-1.3	7.87	0.7
Change in Unearned Revenue	0.57	-2.62	-6.98	9.03	-3.89
Change in Other Net Operating Assets	3.39	-1.32	0.56	0.15	3.68
Operating Cash Flow	40.21	70.78	37.4	57.89	12.12
Operating Cash Flow Growth	-43.19%	89.24%	-35.38%	377.45%	-
Capital Expenditures	-17.64	-4.93	-74.64	-36.4	-10.45
Sale of Property, Plant & Equipment	-	-	0.02	0.03	2.14
Sale (Purchase) of Intangibles	-	-	-	-0.1	-0.53
Investment in Securities	22.95	-	40.48	-8.27	-32.46
Other Investing Activities	0	-50.63	-	-	-
Investing Cash Flow	5.32	-55.57	-34.15	-44.74	-41.3
Short-Term Debt Issued	-	-	-	22.51	-
Long-Term Debt Issued	-	-	-	15	41.41
Total Debt Issued	-	-	-	37.51	41.41
Short-Term Debt Repaid	-19	-	-34	-	-29.17
Long-Term Debt Repaid	-0.45	-0.45	-29.07	-53.76	-54.4
Total Debt Repaid	-19.45	-0.45	-63.07	-53.76	-83.57
Net Debt Issued (Repaid)	-19.45	-0.45	-63.07	-16.25	-42.16
Other Financing Activities	-0.01	49.18	-0.04	0.05	-0.03
Financing Cash Flow	-19.46	48.73	-63.11	-16.2	-42.19
Foreign Exchange Rate Adjustments	0.1	0.09	0.03	0.28	-0.17
Net Cash Flow	26.17	64.04	-59.81	-2.77	-71.54
Free Cash Flow	22.58	65.85	-37.24	21.49	1.67
Free Cash Flow Growth	-65.71%	-	-	1184.34%	-
Free Cash Flow Margin	10.66%	30.66%	-19.12%	11.79%	0.79%
Free Cash Flow Per Share	0.36	1.04	-0.59	0.34	0.03
Cash Interest Paid	-	0.21	0.85	1.65	1.98
Cash Income Tax Paid	-	0.42	0.49	-0.02	-0.02
Levered Free Cash Flow	43.64	27.07	-33.02	-55.66	10.66
Unlevered Free Cash Flow	43.88	27.23	-32.44	-54.6	11.95
Change in Working Capital	-6.98	-12.46	-8.44	32.28	28.57

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