OPNET Technologies 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	80.02	60.37	94.1	40.85	79.88
Depreciation & Amortization	9.44	9.96	10.1	9.95	9.91
Loss (Gain) From Sale of Investments	-	-3.03	-0.7	-	-
Stock-Based Compensation	6.53	3.28	-	-	-
Provision & Write-off of Bad Debts	-	-	-8.79	-	4.09
Other Operating Activities	15.3	-17.86	13.21	18.97	15.23
Change in Accounts Receivable	141.58	30.86	-75.96	45.47	-82.03
Change in Inventory	40.14	-15.08	22.43	34.25	-18.48
Change in Accounts Payable	-0.2	8.3	-50.68	8.6	23.55
Change in Unearned Revenue	-1.96	-32.44	36.64	0.41	9.86
Change in Other Net Operating Assets	52.48	16.72	-58.79	-0.71	16.75
Operating Cash Flow	343.33	64.09	-17.72	157.79	58.75
Operating Cash Flow Growth	435.67%	-	-	168.59%	-37.06%
Capital Expenditures	-5.15	-0.99	-1.57	-0.67	-1.4
Sale (Purchase) of Intangibles	-	-	-0.02	-0.33	-
Investment in Securities	-340.77	118.61	-37.61	54.46	-45.53
Other Investing Activities	0.65	-0.68	-0.73	-0.69	3.51
Investing Cash Flow	-345.27	116.94	-39.93	52.77	-43.42
Short-Term Debt Issued	-	17.46	36	-	-
Total Debt Issued	-	17.46	36	-	-
Short-Term Debt Repaid	-	-17.46	-36	-	-
Long-Term Debt Repaid	-7.53	-8.67	-8.59	-8.44	-8.83
Total Debt Repaid	-7.53	-26.13	-44.59	-8.44	-8.83
Net Debt Issued (Repaid)	-7.53	-8.67	-8.59	-8.44	-8.83
Repurchase of Common Stock	-	-62.48	-	-	-
Common Dividends Paid	-44.99	-74.98	-37.49	-62.48	-
Other Financing Activities	-	-0.16	-	-	0.16
Financing Cash Flow	-52.52	-146.29	-46.08	-70.92	-8.67
Net Cash Flow	-54.45	34.74	-103.73	139.65	6.66
Free Cash Flow	338.19	63.1	-19.29	157.12	57.35
Free Cash Flow Growth	435.92%	-	-	173.96%	-37.92%
Free Cash Flow Margin	69.20%	14.87%	-2.85%	32.63%	10.90%
Free Cash Flow Per Share	5.97	1.04	-0.34	2.77	1.01
Cash Interest Paid	0.42	0.22	0.57	0.48	0.22
Cash Income Tax Paid	9.45	31.77	9.63	1.24	0.49
Levered Free Cash Flow	320.6	35.71	-22.88	110.12	26.71
Unlevered Free Cash Flow	320.86	35.97	-22.32	110.62	27.05
Change in Working Capital	232.04	11.38	-125.64	88.02	-50.35

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