Ebrains 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
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
Net Income	475	490	654	529	300
Depreciation & Amortization	16	21	17	20	18
Other Operating Activities	-123	-238	-233	-110	-101
Change in Accounts Receivable	19	170	131	-136	-49
Change in Inventory	90	221	-372	-234	-72
Change in Accounts Payable	-91	-167	36	172	35
Change in Other Net Operating Assets	-4	8	14	26	21
Operating Cash Flow	382	505	247	267	152
Operating Cash Flow Growth	-24.36%	104.45%	-7.49%	75.66%	-44.93%
Capital Expenditures	-2	-4	-11	-5	-26
Sale (Purchase) of Intangibles	-	-4	-10	-1	-
Investment in Securities	-	-25	-13	9	8
Other Investing Activities	-1	-1	-	-1	-
Investing Cash Flow	-3	-34	-34	2	-18
Short-Term Debt Issued	-	-	-	2	-
Total Debt Issued	-	-	-	2	-
Short-Term Debt Repaid	-	-	-18	-	-
Long-Term Debt Repaid	-	-	-10	-39	-39
Total Debt Repaid	-	-	-28	-39	-39
Net Debt Issued (Repaid)	-	-	-28	-37	-39
Issuance of Common Stock	-	-	-	-	177
Common Dividends Paid	-57	-40	-33	-27	-20
Other Financing Activities	-	-	-	-1	-5
Financing Cash Flow	-57	-40	-61	-65	113
Foreign Exchange Rate Adjustments	17	7	8	17	1
Miscellaneous Cash Flow Adjustments	-	-	-1	1	1
Net Cash Flow	339	438	159	222	249
Free Cash Flow	380	501	236	262	126
Free Cash Flow Growth	-24.15%	112.29%	-9.92%	107.94%	-53.85%
Free Cash Flow Margin	9.44%	12.57%	5.54%	6.68%	3.94%
Free Cash Flow Per Share	251.83	332.01	156.40	173.63	85.45
Cash Income Tax Paid	123	237	236	109	98
Levered Free Cash Flow	344	456.75	185	240.25	95.88
Unlevered Free Cash Flow	344	456.75	185	240.25	95.88
Change in Working Capital	14	232	-191	-172	-65

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