GMO Commerce 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 2018	FY 2017
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Net Income	508	-	-	-	-
Depreciation & Amortization	64	-	-	-	-
Other Operating Activities	-225	-	-	-	-
Change in Accounts Receivable	16	-	-	-	-
Change in Accounts Payable	7	-	-	-	-
Change in Other Net Operating Assets	-9	-	-	-	-
Operating Cash Flow	361	-	-	-	-
Sale (Purchase) of Intangibles	-146	-	-	-	-
Other Investing Activities	-2	-	-	-	-
Investing Cash Flow	-148	-	-	-	-
Issuance of Common Stock	1,996	-	-	-	-
Common Dividends Paid	-120	-	-	-	-
Other Financing Activities	-1	-	-	-	-
Financing Cash Flow	1,875	-	-	-	-
Net Cash Flow	2,088	-	-	-	-
Cash Income Tax Paid	226	-	-	-	-
Levered Free Cash Flow	196.88	-	-	-	-
Unlevered Free Cash Flow	196.88	-	-	-	-
Change in Working Capital	14	-	-	-	-

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