Spacemarket,Inc. Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '15 Dec 31, 2015
Net Income	177	-203	-113	65	-
Depreciation & Amortization	68	68	56	30	-
Other Operating Activities	-11	5	-36	-3	-
Change in Accounts Receivable	-13	-4	36	6	-
Change in Accounts Payable	112	169	30	157	-
Change in Other Net Operating Assets	48	180	-132	-170	-
Operating Cash Flow	381	215	-159	85	-
Operating Cash Flow Growth	77.21%	-	-	-	-
Capital Expenditures	-22	-27	-6	-80	-
Cash Acquisitions	-	-36	-36	-57	-
Sale (Purchase) of Intangibles	-59	-13	-37	-38	-
Investment in Securities	-	-	-	-5	-
Other Investing Activities	-3	-13	-3	-44	-
Investing Cash Flow	-84	-89	-82	-224	-
Short-Term Debt Issued	-	-	150	-	-
Long-Term Debt Issued	60	20	-	-	-
Total Debt Issued	60	20	150	-	-
Long-Term Debt Repaid	-8	-33	-37	-76	-
Net Debt Issued (Repaid)	52	-13	113	-76	-
Issuance of Common Stock	3	-	3	10	-
Other Financing Activities	1	1	-1	1	-
Financing Cash Flow	56	-12	115	-65	-
Miscellaneous Cash Flow Adjustments	-	-1	-	-	-
Net Cash Flow	353	113	-126	-204	-
Free Cash Flow	359	188	-165	5	-
Free Cash Flow Growth	90.96%	-	-	-	-
Free Cash Flow Margin	18.22%	12.02%	-13.39%	0.41%	-
Free Cash Flow Per Share	29.66	15.72	-13.87	0.41	-
Cash Interest Paid	1	1	-	-	-
Cash Income Tax Paid	13	-3	34	3	-
Levered Free Cash Flow	225	385.13	-179.25	-	-
Unlevered Free Cash Flow	225.63	385.75	-179.25	-	-
Change in Working Capital	147	345	-66	-7	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.