QPS Holdings Cash Flow Statement

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Net Income	-345	-1,847	-374	-	-
Depreciation & Amortization	857	522	207	-	-
Loss (Gain) From Sale of Assets	-	1,636	582	-	-
Other Operating Activities	-55	-95	-20	-	-
Change in Accounts Receivable	565	1,671	-1,679	-	-
Change in Inventory	20	20	-39	-	-
Change in Accounts Payable	376	345	181	-	-
Change in Other Net Operating Assets	-1,912	-779	1,848	-	-
Operating Cash Flow	-494	1,473	706	-	-
Operating Cash Flow Growth	-	108.64%	-	-	-
Capital Expenditures	-10,174	-7,729	-3,719	-	-
Sale (Purchase) of Intangibles	-21	-45	-36	-	-
Other Investing Activities	1,843	734	-	-	-
Investing Cash Flow	-8,352	-7,040	-3,755	-	-
Long-Term Debt Issued	-	3,200	1,800	-	-
Net Debt Issued (Repaid)	-	3,200	1,800	-	-
Issuance of Common Stock	8,455	8,341	3,679	-	-
Other Financing Activities	-1	-7	-85	-	-
Financing Cash Flow	8,454	11,534	5,394	-	-
Foreign Exchange Rate Adjustments	-	-1	-2	-	-
Miscellaneous Cash Flow Adjustments	-	-1	-	-	-
Net Cash Flow	-392	5,965	2,343	-	-
Free Cash Flow	-10,668	-6,256	-3,013	-	-
Free Cash Flow Margin	-453.57%	-233.35%	-182.28%	-	-
Free Cash Flow Per Share	-239.97	-160.83	-106.83	-	-
Cash Interest Paid	286	189	9	-	-
Cash Income Tax Paid	3	77	1	-	-
Levered Free Cash Flow	-9,370	-5,259	-2,987	-	-
Unlevered Free Cash Flow	-9,191	-5,126	-2,980	-	-
Change in Working Capital	-951	1,257	311	-	-