Saylor Advertising.Inc. Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	65	-4	182	3	-86
Depreciation & Amortization	33	30	31	35	37
Loss (Gain) From Sale of Assets	20	68	6	71	2
Loss (Gain) From Sale of Investments	-1	-	-1	-	-
Other Operating Activities	3	-75	-26	-13	-16
Change in Accounts Receivable	19	-33	-96	-231	90
Change in Inventory	2	-8	-4	29	-1
Change in Accounts Payable	-57	-14	143	65	-148
Change in Other Net Operating Assets	-32	-14	30	-47	-21
Operating Cash Flow	52	-50	265	-88	-143
Capital Expenditures	-6	-7	-7	-6	-7
Cash Acquisitions	-44	-	-	-	-
Sale (Purchase) of Intangibles	-13	-	-	-	-
Investment in Securities	-2	-10	-1	-5	1
Other Investing Activities	55	12	19	57	21
Investing Cash Flow	-10	-5	11	46	15
Short-Term Debt Issued	18	-	19	-	209
Long-Term Debt Issued	100	-	200	50	80
Total Debt Issued	118	-	219	50	289
Short-Term Debt Repaid	-	-49	-	-204	-
Long-Term Debt Repaid	-80	-108	-308	-65	-66
Total Debt Repaid	-80	-157	-308	-269	-66
Net Debt Issued (Repaid)	38	-157	-89	-219	223
Issuance of Common Stock	84	-	-	-	-
Common Dividends Paid	-25	-18	-15	-15	-18
Other Financing Activities	-4	-3	-2	-3	-4
Financing Cash Flow	93	-178	-106	-237	201
Miscellaneous Cash Flow Adjustments	-	-1	-	1	-
Net Cash Flow	135	-234	170	-278	73
Free Cash Flow	46	-57	258	-94	-150
Free Cash Flow Margin	2.19%	-2.78%	12.25%	-4.85%	-2.39%
Free Cash Flow Per Share	10.93	-15.02	68.31	-24.89	-39.71
Cash Interest Paid	4	3	4	4	5
Cash Income Tax Paid	-	70	26	16	16
Levered Free Cash Flow	-24.25	-53.75	233.13	-85.63	-116.25
Unlevered Free Cash Flow	-21.75	-51.88	235.63	-83.13	-113.13
Change in Working Capital	-68	-69	73	-184	-80

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