ACSL Ltd. 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	-1,364	-2,381	-2,532	-2,583	-1,629
Depreciation & Amortization	72.45	140	118	73	-
Other Amortization	199.11	-	-	-	-
Loss (Gain) From Sale of Assets	-	48	-	-	10.67
Loss (Gain) From Sale of Investments	31.21	61	431	408	-
Loss (Gain) on Equity Investments	234.73	-	-	-	-
Other Operating Activities	227.82	-3	-6	-2	14.67
Change in Accounts Receivable	-824.46	-352	251	-321	373.33
Change in Inventory	77.51	297	-1,209	-732	-84
Change in Accounts Payable	-16.92	304	-488	685	-232
Change in Unearned Revenue	112.3	-	-	-	-
Change in Other Net Operating Assets	3.68	-16	863	324	-246.67
Operating Cash Flow	-1,246	-1,902	-2,572	-2,148	-1,793
Capital Expenditures	-6.67	-22	-40	-83	-12
Sale (Purchase) of Intangibles	-	-60	-54	-127	-44
Investment in Securities	-	37	-	-60	-530.67
Other Investing Activities	0.13	-1	-	-1	-36
Investing Cash Flow	-6.54	-46	-94	-271	-1,001
Short-Term Debt Issued	-	425	-	1,000	-
Long-Term Debt Issued	1,429	1,440	1,270	-	-
Total Debt Issued	1,429	1,865	1,270	1,000	-
Short-Term Debt Repaid	-1,320	-	-105	-	-
Long-Term Debt Repaid	-	-193	-	-	-
Total Debt Repaid	-1,320	-193	-105	-	-
Net Debt Issued (Repaid)	108.97	1,672	1,165	1,000	-
Issuance of Common Stock	1,906	19	1,645	12	3,952
Other Financing Activities	5.47	-	-1	1	1.33
Financing Cash Flow	2,021	1,691	2,809	1,013	3,953
Foreign Exchange Rate Adjustments	7.47	2	-	1	-
Miscellaneous Cash Flow Adjustments	-0	-	-	2	-1.33
Net Cash Flow	775.14	-255	143	-1,403	1,157
Free Cash Flow	-1,253	-1,924	-2,612	-2,231	-1,805
Free Cash Flow Margin	-48.22%	-72.47%	-291.52%	-136.45%	-270.26%
Free Cash Flow Per Share	-77.83	-129.76	-202.38	-180.57	-153.08
Cash Interest Paid	22.46	25	9	2	-
Cash Income Tax Paid	2.49	5	5	3	-14.67
Levered Free Cash Flow	-	-1,220	-2,133	-1,597	-
Unlevered Free Cash Flow	-	-1,204	-2,053	-1,596	-
Change in Working Capital	-647.87	233	-583	-44	-189.33

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