Nulab Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	649	323	86	-	-	Upgrade
Depreciation & Amortization	103	100	92	-	-	Upgrade
Other Operating Activities	-93	-9	-30	-	-	Upgrade
Change in Accounts Receivable	-4	-5	-41	-	-	Upgrade
Change in Accounts Payable	-55	25	105	-	-	Upgrade
Change in Other Net Operating Assets	149	377	85	-	-	Upgrade
Operating Cash Flow	749	811	297	-	-	Upgrade
Operating Cash Flow Growth	-7.65%	173.06%	-	-	-	Upgrade
Capital Expenditures	-24	-27	-20	-	-	Upgrade
Sale (Purchase) of Intangibles	-104	-90	-107	-	-	Upgrade
Other Investing Activities	-	7	-3	-	-	Upgrade
Investing Cash Flow	-128	-110	-130	-	-	Upgrade
Long-Term Debt Repaid	-3	-8	-44	-	-	Upgrade
Net Debt Issued (Repaid)	-3	-8	-44	-	-	Upgrade
Issuance of Common Stock	2	25	462	-	-	Upgrade
Other Financing Activities	-	-1	-1	-	-	Upgrade
Financing Cash Flow	-1	16	417	-	-	Upgrade
Foreign Exchange Rate Adjustments	29	21	30	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-1	1	-	-	-	Upgrade
Net Cash Flow	648	739	614	-	-	Upgrade
Free Cash Flow	725	784	277	-	-	Upgrade
Free Cash Flow Growth	-7.53%	183.03%	-	-	-	Upgrade
Free Cash Flow Margin	17.63%	21.41%	10.24%	-	-	Upgrade
Free Cash Flow Per Share	111.53	119.92	43.78	-	-	Upgrade
Cash Income Tax Paid	94	9	32	-	-	Upgrade
Levered Free Cash Flow	531.63	613.5	177.13	-	-	Upgrade
Unlevered Free Cash Flow	531.63	613.5	177.13	-	-	Upgrade
Change in Net Working Capital	-156	-423	-149	-163	-173	Upgrade

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.