Lightel 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	120.5	72.21	20.44	127.06
Depreciation & Amortization	29.92	27.64	23.33	24.38
Loss (Gain) From Sale of Assets	0.05	0.21	0.05	0.1
Loss (Gain) From Sale of Investments	-1.66	-	-0.66	-25.18
Loss (Gain) on Equity Investments	13.01	14.3	14.4	8.98
Stock-Based Compensation	1.46	6.29	3.22	1.23
Provision & Write-off of Bad Debts	-0.21	-2.61	-1.26	1.82
Other Operating Activities	-6.08	-23.76	32.99	-69.16
Change in Accounts Receivable	-1.46	-21.4	-32.04	2.66
Change in Inventory	19.57	45.41	-1.65	-13.19
Change in Accounts Payable	9.21	6.28	-0.22	4.23
Change in Unearned Revenue	-5.36	-0.19	-2.76	0.39
Change in Other Net Operating Assets	11.82	39.8	33.57	5.29
Operating Cash Flow	194.36	164.16	89.4	68.6
Operating Cash Flow Growth	15.38%	83.61%	30.32%	-
Capital Expenditures	-24.96	-23.29	-13.52	-8.57
Sale of Property, Plant & Equipment	-0.01	0.09	-	0.06
Divestitures	-	-	-	-11.31
Sale (Purchase) of Intangibles	-0.38	-0.38	-6.98	-0.64
Investment in Securities	-143.39	57.66	42.8	-117.68
Other Investing Activities	2.64	-0.69	6.26	-0.6
Investing Cash Flow	-166.1	33.38	28.56	-138.75
Long-Term Debt Repaid	-	-16.32	-14.16	-8.93
Net Debt Issued (Repaid)	-18.14	-16.32	-14.16	-8.93
Issuance of Common Stock	2.21	0.2	0.02	0.05
Repurchase of Common Stock	-	-	-37.82	-
Common Dividends Paid	-27.96	-6.25	-	-
Other Financing Activities	-	-	-114.5	-
Financing Cash Flow	-43.89	-22.38	-166.45	-8.88
Foreign Exchange Rate Adjustments	-49.93	1.06	-3.93	77.43
Net Cash Flow	-65.57	176.22	-52.42	-1.59
Free Cash Flow	169.4	140.87	75.89	60.03
Free Cash Flow Growth	7.22%	85.63%	26.42%	-
Free Cash Flow Margin	20.03%	20.33%	14.32%	12.86%
Free Cash Flow Per Share	7.50	6.30	3.48	2.56
Cash Interest Paid	5.07	5.07	5.28	6.51
Cash Income Tax Paid	40	40	15.34	14.9
Levered Free Cash Flow	102.95	95.7	58.79	-
Unlevered Free Cash Flow	105.95	98.87	62.09	-
Change in Working Capital	33.79	69.89	-3.11	-0.62

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