aetherAI 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	-203.89	-121.64	-74.06	-98.43
Depreciation & Amortization	24.78	15.16	10.26	8.61
Other Amortization	-	0.22	0.26	0.2
Loss (Gain) From Sale of Assets	-	-0.01	0.75	0.02
Stock-Based Compensation	-	35.61	-	-
Other Operating Activities	-0.5	-1.31	-0.11	-0.21
Change in Accounts Receivable	44.84	-37.94	-9.01	1.76
Change in Inventory	0.51	-2.68	0.18	-2.64
Change in Accounts Payable	-2.88	1.8	1.32	0.14
Change in Unearned Revenue	27.3	-2.26	2.59	-0.95
Change in Other Net Operating Assets	0.46	8.72	-0.13	17.19
Operating Cash Flow	-109.38	-104.33	-67.95	-74.33
Capital Expenditures	-11.92	-21.02	-13.41	-1.39
Sale of Property, Plant & Equipment	0.01	0.32	-	-
Sale (Purchase) of Intangibles	-	-1.68	-0.08	-0.24
Investment in Securities	90.26	-124.3	78.53	-61.73
Other Investing Activities	-2.63	-5.65	-0.63	0.17
Investing Cash Flow	75.72	-152.33	64.4	-63.19
Short-Term Debt Issued	-	-	-	14.5
Long-Term Debt Issued	-	8	-	-
Total Debt Issued	-	8	-	14.5
Short-Term Debt Repaid	-	-	-0.5	-14
Long-Term Debt Repaid	-19.02	-7.59	-5.63	-30.48
Total Debt Repaid	-19.02	-7.59	-6.13	-44.48
Net Debt Issued (Repaid)	-19.02	0.41	-6.13	-29.98
Issuance of Common Stock	-	768.14	52.36	154.39
Financing Cash Flow	-19.02	768.55	46.23	124.41
Foreign Exchange Rate Adjustments	1.37	0.23	-	-
Net Cash Flow	-51.31	512.12	42.69	-13.1
Free Cash Flow	-121.3	-125.35	-81.36	-75.72
Free Cash Flow Margin	-62.59%	-124.14%	-79.91%	-201.36%
Free Cash Flow Per Share	-1.36	-1.65	-1.39	-1.49
Cash Interest Paid	-	1.02	0.48	0.3
Cash Income Tax Paid	-	0.47	0.11	0.09
Levered Free Cash Flow	-72.21	-90.2	-55.04	-
Unlevered Free Cash Flow	-71.55	-89.57	-54.74	-
Change in Working Capital	70.24	-32.36	-5.04	15.49

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