BASE,Inc. 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	1,826	-71	-602	-1,735	-1,218
Depreciation & Amortization	62	30	2	49	45
Loss (Gain) From Sale of Assets	-	867	130	157	-
Loss (Gain) From Sale of Investments	-	-	63	83	258
Loss (Gain) on Equity Investments	-15	-	-	-	-
Stock-Based Compensation	322	-	-	-	-
Other Operating Activities	-705	16	-	88	-195
Change in Accounts Receivable	-5,127	-	-	-	-
Change in Accounts Payable	8,623	17,426	1,443	-973	3,756
Change in Other Net Operating Assets	-1,703	-14,611	-1,116	625	-864
Operating Cash Flow	3,283	3,657	-80	-1,706	1,782
Operating Cash Flow Growth	-10.23%	-	-	-	-43.03%
Capital Expenditures	-12	-26	-53	-28	-20
Cash Acquisitions	-1,034	-87	-	-	-
Sale (Purchase) of Intangibles	-3	-	-	-	-1
Investment in Securities	-1,974	-	-	-	-
Other Investing Activities	-51	-46	-	-	-
Investing Cash Flow	-3,074	-159	-53	-28	-21
Long-Term Debt Repaid	-80	-10	-	-	-
Net Debt Issued (Repaid)	-80	-10	-	-	-
Issuance of Common Stock	13	13	16	26	21
Repurchase of Common Stock	-1,007	-	-	-	-
Other Financing Activities	1	-	-	-	-
Financing Cash Flow	-1,073	3	16	26	21
Miscellaneous Cash Flow Adjustments	-	1	-	-	-
Net Cash Flow	-864	3,502	-117	-1,708	1,782
Free Cash Flow	3,271	3,631	-133	-1,734	1,762
Free Cash Flow Growth	-9.92%	-	-	-	-43.09%
Free Cash Flow Margin	15.78%	22.72%	-1.14%	-17.80%	17.74%
Free Cash Flow Per Share	28.02	30.90	-1.16	-15.47	15.93
Cash Interest Paid	15	3	-	-	-
Cash Income Tax Paid	362	4	4	-63	201
Levered Free Cash Flow	4,903	3,346	5.38	-1,181	2,054
Unlevered Free Cash Flow	4,911	3,348	5.38	-1,181	2,054
Change in Working Capital	1,793	2,815	327	-348	2,892

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