GreenBee Cash Flow Statement

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

Millions JPY. 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	167	55	-143	-182	12
Depreciation & Amortization	5	6	8	10	26
Other Operating Activities	4	-21	-164	1	-19
Change in Accounts Receivable	-25	19	-34	-4	28
Change in Inventory	39	59	121	287	-275
Change in Accounts Payable	42	-6	2	-12	1
Change in Other Net Operating Assets	30	9	102	23	-21
Operating Cash Flow	262	121	-108	123	-248
Operating Cash Flow Growth	116.53%	-	-	-	-
Capital Expenditures	-2	-5	-4	-4	-1
Sale (Purchase) of Intangibles	-3	-	-1	-1	-
Investment in Securities	-	-13	-	-	-
Other Investing Activities	-	-4	-	-	-
Investing Cash Flow	-5	-22	-5	-5	-1
Long-Term Debt Issued	100	-	-	-	-
Total Debt Issued	100	-	-	-	-
Net Debt Issued (Repaid)	100	-	-	-	-
Issuance of Common Stock	-	43	-	194	2
Repurchase of Common Stock	-16	-	-	-	-
Other Financing Activities	-1	-	-	-1	-
Financing Cash Flow	83	43	-	193	2
Foreign Exchange Rate Adjustments	3	8	6	6	11
Miscellaneous Cash Flow Adjustments	1	1	-1	1	1
Net Cash Flow	344	151	-108	318	-235
Free Cash Flow	260	116	-112	119	-249
Free Cash Flow Growth	124.14%	-	-	-	-
Free Cash Flow Margin	27.05%	14.39%	-13.78%	14.39%	-34.49%
Free Cash Flow Per Share	111.57	50.68	-49.67	57.49	-128.77
Cash Income Tax Paid	-	22	19	-2	20
Levered Free Cash Flow	183.13	86.88	25.75	97.5	-258.63
Unlevered Free Cash Flow	183.13	86.88	25.75	97.5	-258.63
Change in Working Capital	86	81	191	294	-267

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