AsiaQuest 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	447	460	308	361	289
Depreciation & Amortization	84	64	41	38	33
Loss (Gain) From Sale of Assets	-	6	-	5	-
Other Operating Activities	-242	-102	-152	-129	-29
Change in Accounts Receivable	-231	-66	-135	-83	-25
Change in Inventory	1	-	5	-4	2
Change in Accounts Payable	52	135	65	2	18
Change in Other Net Operating Assets	-39	24	-6	7	13
Operating Cash Flow	72	521	126	197	301
Operating Cash Flow Growth	-86.18%	313.49%	-36.04%	-34.55%	-
Capital Expenditures	-116	-212	-33	-26	-23
Sale (Purchase) of Intangibles	-	-	-1	-1	-1
Other Investing Activities	31	-161	-	-	27
Investing Cash Flow	-85	-373	-34	-27	3
Short-Term Debt Issued	-	-	-	50	25
Total Debt Issued	-	-	-	50	25
Short-Term Debt Repaid	-	-	-	-53	-22
Long-Term Debt Repaid	-38	-150	-135	-94	-121
Total Debt Repaid	-38	-150	-135	-147	-143
Net Debt Issued (Repaid)	-38	-150	-135	-97	-118
Issuance of Common Stock	4	4	1	4	509
Other Financing Activities	-10	-3	-8	-8	-6
Financing Cash Flow	-44	-149	-142	-101	385
Foreign Exchange Rate Adjustments	-	4	5	4	6
Miscellaneous Cash Flow Adjustments	-1	-1	1	-1	3
Net Cash Flow	-58	2	-44	72	698
Free Cash Flow	-44	309	93	171	278
Free Cash Flow Growth	-	232.26%	-45.61%	-38.49%	-
Free Cash Flow Margin	-0.89%	7.61%	2.96%	6.55%	12.43%
Free Cash Flow Per Share	-29.70	208.44	62.76	115.20	236.72
Cash Interest Paid	2	2	4	4	6
Cash Income Tax Paid	241	105	151	133	30
Levered Free Cash Flow	-120.25	400.63	91.25	147.88	262
Unlevered Free Cash Flow	-119	401.88	93.75	150.38	265.75
Change in Working Capital	-217	93	-71	-78	8

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