Artery 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	106.7	85.34	-76.08	139.52
Depreciation & Amortization	13.01	13.26	15.71	21.07
Other Amortization	16.22	15.59	17.32	13.25
Loss (Gain) From Sale of Assets	0	-	-	-
Loss (Gain) From Sale of Investments	-	-	-3.8	3.8
Stock-Based Compensation	28.31	38.73	-15.69	43.18
Other Operating Activities	4.07	13.67	-28.01	27.06
Change in Accounts Receivable	1.58	-6.77	2.37	10.47
Change in Inventory	44.27	-62.33	364.23	-630.29
Change in Accounts Payable	-44.67	105.52	-78	-9.85
Change in Unearned Revenue	41.67	-15.58	-2	-2.73
Change in Other Net Operating Assets	-15.84	-8.32	47.34	-10.81
Operating Cash Flow	195.33	179.12	243.39	-395.34
Operating Cash Flow Growth	9.05%	-26.40%	-	-
Capital Expenditures	-2.08	-4.37	-2.04	-21.14
Sale of Property, Plant & Equipment	-	-	-	0.04
Sale (Purchase) of Intangibles	-36.09	-8.89	-4.96	-35.42
Investment in Securities	-	-	-	173.8
Other Investing Activities	-	-	1.19	6.36
Investing Cash Flow	-38.17	-13.26	-5.81	123.64
Short-Term Debt Issued	-	-	-	127.24
Total Debt Issued	-	-	-	127.24
Short-Term Debt Repaid	-	-69.87	-32.37	-
Long-Term Debt Repaid	-8.07	-5.92	-7.76	-6.14
Total Debt Repaid	-8.07	-75.79	-40.12	-6.14
Net Debt Issued (Repaid)	-8.07	-75.79	-40.12	121.11
Common Dividends Paid	-	-	-	-127.94
Financing Cash Flow	-8.07	-75.79	-40.12	-6.83
Foreign Exchange Rate Adjustments	11.47	18.91	-10.64	12.74
Net Cash Flow	160.56	108.98	186.82	-265.79
Free Cash Flow	193.25	174.75	241.35	-416.48
Free Cash Flow Growth	10.59%	-27.59%	-	-
Free Cash Flow Margin	11.60%	10.69%	23.79%	-30.44%
Free Cash Flow Per Share	3.67	3.35	4.72	-8.08
Cash Interest Paid	0.75	2.12	6.33	0.32
Cash Income Tax Paid	25.58	0.66	21.99	26.35
Levered Free Cash Flow	132.67	95.16	256.39	-
Unlevered Free Cash Flow	133.14	96.48	260.34	-
Change in Working Capital	27.02	12.54	333.94	-643.21

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