TWi Biotechnology 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 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-155.28	-164.81	-170.68	-76.18	-15.3	-101.86
Depreciation & Amortization	9.67	9.7	9.74	10.33	11.08	11.43
Other Amortization	-	-	0	0.02	0.02	0.24
Stock-Based Compensation	-0	-0.88	5.5	3.08	-	-
Other Operating Activities	-	-	-0.01	-	-	0.03
Change in Accounts Receivable	-0.45	-0.45	0.13	3.56	-3.41	7.02
Change in Inventory	-	-	-	-	2.34	0.4
Change in Accounts Payable	-	-	-	-	-	-5.19
Change in Unearned Revenue	-	-	-	-	-30.07	32.82
Change in Other Net Operating Assets	15.14	1.02	21.1	-1.06	0.87	-7.48
Operating Cash Flow	-130.92	-155.41	-134.22	-60.24	-34.46	-62.58
Capital Expenditures	-0.15	-0.31	-	-	-0.23	-
Sale (Purchase) of Intangibles	-	-	-	-	-30	-30
Investment in Securities	32.13	123.05	-171.85	34.3	191.9	101.82
Other Investing Activities	-0.03	-	-	-	-0.03	-
Investing Cash Flow	31.95	122.75	-171.85	34.3	161.64	71.82
Short-Term Debt Issued	-	10	-	-	7.6	-
Total Debt Issued	10	10	-	-	7.6	-
Short-Term Debt Repaid	-	-	-	-	-7.6	-
Long-Term Debt Repaid	-	-2.37	-2.5	-2.5	-2.46	-2.48
Total Debt Repaid	-12.63	-2.37	-2.5	-2.5	-10.06	-2.48
Net Debt Issued (Repaid)	-2.63	7.63	-2.5	-2.5	-2.46	-2.48
Issuance of Common Stock	235.87	-	300	-	-	-
Financing Cash Flow	233.24	7.63	297.5	-2.5	-2.46	-2.48
Net Cash Flow	134.27	-25.04	-8.57	-28.44	124.72	6.76
Free Cash Flow	-131.07	-155.72	-134.22	-60.24	-34.69	-62.58
Free Cash Flow Margin	-	-	-	-	-52.24%	-5022.39%
Free Cash Flow Per Share	-1.49	-1.78	-1.83	-0.89	-0.51	-0.93
Cash Interest Paid	0.13	0.16	0.09	0.05	0.09	0.02
Cash Income Tax Paid	-	-	-	-	-	1.35
Levered Free Cash Flow	-17.59	-134.11	-68.48	-40.34	-88.91	-5.83
Unlevered Free Cash Flow	-17.51	-134.02	-68.43	-40.31	-88.85	-5.82
Change in Working Capital	14.69	0.57	21.24	2.5	-30.26	27.58

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