Systex Fintech Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	48.95	62.52	78.96	43.94
Depreciation & Amortization	22.41	7.34	4.86	5.29
Other Amortization	3.49	0.3	0.97	1.05
Loss (Gain) From Sale of Assets	0.06	-	-	-
Loss (Gain) From Sale of Investments	-0.23	-1.19	-0.91	-0.15
Stock-Based Compensation	22.69	2.73	1.11	-
Provision & Write-off of Bad Debts	-0.57	0.56	-	0.02
Other Operating Activities	-4.88	-12.05	11.06	-5.9
Change in Accounts Receivable	-24.42	-28.75	20.2	-2.04
Change in Inventory	-9.88	-6	28.87	-25.12
Change in Accounts Payable	10.44	2.68	-33.61	34.04
Change in Unearned Revenue	3.37	-6.37	4.47	-1.32
Change in Other Net Operating Assets	-60.66	-11.28	6.87	-5.51
Operating Cash Flow	11	199.62	31.98	91.43
Operating Cash Flow Growth	-94.49%	524.27%	-65.03%	-
Capital Expenditures	-26.59	-11.08	-1.22	-0.39
Sale (Purchase) of Intangibles	-17.75	-7.05	-	-
Other Investing Activities	6.59	-34.53	8.91	4.96
Investing Cash Flow	-37.76	-52.66	7.69	4.57
Long-Term Debt Repaid	-15.22	-3.62	-3.18	-3.17
Net Debt Issued (Repaid)	-15.22	-3.62	-3.18	-3.17
Issuance of Common Stock	43.31	-	-	-
Common Dividends Paid	-39.99	-69.98	-39.99	-59.99
Financing Cash Flow	-11.9	-73.6	-43.17	-63.15
Net Cash Flow	-38.65	73.37	-3.5	32.85
Free Cash Flow	-15.59	188.55	30.76	91.05
Free Cash Flow Growth	-	512.95%	-66.21%	-
Free Cash Flow Margin	-3.23%	39.70%	7.44%	27.68%
Free Cash Flow Per Share	-0.73	9.43	1.54	4.55
Cash Interest Paid	0.86	0.05	0.06	0.07
Cash Income Tax Paid	20.5	27.92	8.45	17.04
Levered Free Cash Flow	17.05	-36.83	115.66	-
Unlevered Free Cash Flow	17.58	-36.72	115.7	-
Change in Working Capital	-80.92	139.43	-64.08	47.19

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