Image Match Design Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020	FY 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	-83.42	-86.17	-47.02	-32.87	-59.92	-59.84
Depreciation & Amortization	4.28	4.13	4.72	6.48	8.09	14.92
Stock-Based Compensation	0.16	0.16	0.04	0.24	1.29	1.85
Provision & Write-off of Bad Debts	0.01	-	-0.6	-	-0.56	-0.9
Other Operating Activities	0.03	-0.01	0.01	-0	0.01	-0.13
Change in Accounts Receivable	-36.78	-0.03	3.36	7.09	4.76	0.22
Change in Inventory	5.42	25.37	18.33	-46.65	17.1	51.69
Change in Accounts Payable	14.37	13.4	-0.42	25.39	0.72	3.63
Change in Unearned Revenue	-16.36	-1.15	-7.91	-0.39	-0.14	-
Change in Other Net Operating Assets	4.37	-6.78	-0.58	4.01	-1.97	1.3
Operating Cash Flow	-107.9	-51.09	-30.08	-36.7	-30.62	12.74
Capital Expenditures	-2.04	-3.17	-0.88	-4.28	-3.51	-5.97
Investment in Securities	-22.8	-	-	-	-	-
Other Investing Activities	6	5.96	3.14	-0.64	-3	5.5
Investing Cash Flow	-18.84	2.79	2.27	-4.91	-6.51	-0.48
Long-Term Debt Issued	-	20	45	26	33	-
Total Debt Issued	60	20	45	26	33	-
Long-Term Debt Repaid	-	-43.11	-28.35	-23.05	-10.5	-9.86
Total Debt Repaid	-36.83	-43.11	-28.35	-23.05	-10.5	-9.86
Net Debt Issued (Repaid)	23.17	-23.11	16.65	2.95	22.5	-9.86
Issuance of Common Stock	120	142.5	48	36	-	-
Other Financing Activities	-	-	-40.4	-	-	-
Financing Cash Flow	143.17	119.39	24.25	38.95	22.5	-9.86
Net Cash Flow	16.42	71.09	-3.56	-2.67	-14.62	2.41
Free Cash Flow	-109.95	-54.26	-30.96	-40.97	-34.13	6.77
Free Cash Flow Margin	-81.29%	-67.27%	-77.87%	-32.97%	-36.65%	5.06%
Free Cash Flow Per Share	-	-3.02	-2.38	-6.17	-5.14	1.02
Cash Interest Paid	-	-	-	0.97	0.59	0.62
Levered Free Cash Flow	-	-22.31	-	-29.85	-10.41	29.68
Unlevered Free Cash Flow	-	-21.64	-	-29.25	-10.04	29.96
Change in Working Capital	-28.97	30.8	12.78	-10.55	20.47	56.84

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