Advanced Material Systems 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	58.18	58.88	64.31	105.5
Depreciation & Amortization	31.68	33.76	33.5	35.65
Loss (Gain) From Sale of Assets	0.58	0.39	0.76	0.54
Stock-Based Compensation	15.8	15.8	-	-
Provision & Write-off of Bad Debts	-0.11	0.28	-	-
Other Operating Activities	2.67	17.16	-5.57	-1.4
Change in Accounts Receivable	-30.99	-12.09	60.44	-39.16
Change in Inventory	-0.07	11.44	-2.17	-6.41
Change in Accounts Payable	6.77	3.94	-5.18	-3.91
Change in Unearned Revenue	-7.15	21.77	12.67	-4.25
Change in Other Net Operating Assets	7.19	-3.26	9.95	7.47
Operating Cash Flow	84.55	148.06	168.7	94.03
Operating Cash Flow Growth	-10.09%	-12.23%	79.40%	-
Capital Expenditures	-207.58	-46.31	-8.72	-2.9
Sale (Purchase) of Intangibles	-3.29	-0.53	-1.29	-0.26
Sale (Purchase) of Real Estate	-137.61	-137.61	-9.47	-157.42
Investment in Securities	56.67	-10.3	-0.2	-
Other Investing Activities	0.32	-	0	-1.82
Investing Cash Flow	-291.48	-194.74	-19.68	-162.38
Short-Term Debt Issued	-	-	-	10
Long-Term Debt Issued	-	98.5	-	137
Total Debt Issued	88.36	98.5	-	147
Short-Term Debt Repaid	-	-	-26	-
Long-Term Debt Repaid	-	-13.41	-10.43	-9.62
Total Debt Repaid	-11.03	-13.41	-36.43	-9.62
Net Debt Issued (Repaid)	77.33	85.09	-36.43	137.38
Issuance of Common Stock	12.52	12.52	-	216
Financing Cash Flow	89.85	97.61	-36.43	353.38
Net Cash Flow	-117.09	50.93	112.58	285.03
Free Cash Flow	-123.03	101.75	159.98	91.14
Free Cash Flow Growth	-	-36.39%	75.53%	-
Free Cash Flow Margin	-31.87%	31.93%	54.83%	24.72%
Free Cash Flow Per Share	-3.56	3.01	4.74	3.01
Cash Interest Paid	1.64	2.19	3.53	3.04
Cash Income Tax Paid	7.04	2.58	1.8	0.18
Levered Free Cash Flow	-	46.8	125.12	-
Unlevered Free Cash Flow	-	48.17	127.32	-
Change in Working Capital	-24.25	21.79	75.71	-46.26

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