Heartseed Cash Flow Statement

Financials in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023
Net Income	-	-812.73	-1,474
Depreciation & Amortization	-	41.82	7.57
Other Amortization	-	41.45	147.59
Other Operating Activities	-	58.65	56.24
Change in Accounts Receivable	-	-768.25	296.56
Change in Inventory	-	44.33	29.28
Change in Other Net Operating Assets	-	51.69	138.32
Operating Cash Flow	-	-1,343	-797.93
Capital Expenditures	-	-14.02	-327.84
Other Investing Activities	-	-53.11	-97.86
Investing Cash Flow	-	-67.13	-425.7
Long-Term Debt Repaid	-	-6.33	-19.72
Net Debt Issued (Repaid)	-	-6.33	-19.72
Issuance of Common Stock	-	2,167	2,004
Other Financing Activities	-	-41.45	-136.41
Financing Cash Flow	-	2,119	1,848
Foreign Exchange Rate Adjustments	-	0.37	-24.57
Miscellaneous Cash Flow Adjustments	-	-0	-0
Net Cash Flow	-	709.05	600.05
Free Cash Flow	-	-1,357	-1,126
Free Cash Flow Margin	-	-155.34%	-326.57%
Free Cash Flow Per Share	-	-82.54	-81.60
Cash Interest Paid	-	0.43	0.76
Cash Income Tax Paid	-	2.91	2.42
Levered Free Cash Flow	-	-1,207	-
Unlevered Free Cash Flow	-	-1,207	-
Change in Working Capital	-	-672.23	464.17

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