AlbaLink 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	1,263	521	396	-	-
Depreciation & Amortization	50	38	7	-	-
Loss (Gain) From Sale of Assets	-	-	2	-	-
Other Operating Activities	-174	-194	-64	-	-
Change in Inventory	-183	355	24	-	-
Change in Accounts Payable	170	164	118	-	-
Change in Other Net Operating Assets	-21	-25	-2	-	-
Operating Cash Flow	1,105	859	481	-	-
Operating Cash Flow Growth	28.64%	78.59%	-	-	-
Capital Expenditures	-93	-160	-27	-	-
Sale (Purchase) of Intangibles	-12	-	-	-	-
Investment in Securities	-	-10	-	-	-
Other Investing Activities	-40	-51	-20	-	-
Investing Cash Flow	-145	-221	-47	-	-
Short-Term Debt Issued	-	75	-	-	-
Long-Term Debt Issued	1,695	455	395	-	-
Total Debt Issued	1,695	530	395	-	-
Short-Term Debt Repaid	-194	-	-27	-	-
Long-Term Debt Repaid	-487	-574	-307	-	-
Total Debt Repaid	-681	-574	-334	-	-
Net Debt Issued (Repaid)	1,014	-44	61	-	-
Issuance of Common Stock	124	-	-	-	-
Other Financing Activities	-7	1	1	-	-
Financing Cash Flow	1,131	-43	62	-	-
Miscellaneous Cash Flow Adjustments	1	-1	-1	-	-
Net Cash Flow	2,092	594	495	-	-
Free Cash Flow	1,012	699	454	-	-
Free Cash Flow Growth	44.78%	53.96%	-	-	-
Free Cash Flow Margin	12.35%	12.85%	15.16%	-	-
Free Cash Flow Per Share	117.17	344.73	224.23	-	-
Cash Interest Paid	30	18	16	-	-
Cash Income Tax Paid	178	197	67	-	-
Levered Free Cash Flow	916.25	680	443.88	-	-
Unlevered Free Cash Flow	935	696.25	453.88	-	-
Change in Working Capital	-34	494	140	-	-

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