Frontier International Cash Flow Statement

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

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	1,980	1,368	825	1,981	3,176	942
Depreciation & Amortization	113	79	31	22	20	18
Loss (Gain) From Sale of Assets	2	2	10	-	6	-
Loss (Gain) From Sale of Investments	13	-3	397	-117	-1	-13
Other Operating Activities	-515	-32	-448	-1,401	-139	-308
Change in Accounts Receivable	-1,207	-1,057	1,967	548	-1,619	-328
Change in Inventory	-240	-76	-2	47	-112	-27
Change in Accounts Payable	1,139	599	-47	-960	1,268	336
Change in Other Net Operating Assets	807	793	-1,192	-698	525	5
Operating Cash Flow	2,092	1,673	1,541	-578	3,124	625
Operating Cash Flow Growth	63.69%	8.57%	-	-	399.84%	5.57%
Capital Expenditures	-60	-67	-7	-14	-4	-69
Sale of Property, Plant & Equipment	9	-4	-	-	-	-
Cash Acquisitions	216	-192	-117	-100	-	-
Sale (Purchase) of Intangibles	-1	-	-3	-3	-4	-5
Investment in Securities	-201	-206	63	-663	-208	-48
Other Investing Activities	1	31	-35	-23	-7	66
Investing Cash Flow	-35	-445	-42	-803	-223	-69
Short-Term Debt Repaid	-	-30	-30	-	-	-
Long-Term Debt Repaid	-	-88	-24	-	-	-
Total Debt Repaid	-108	-118	-54	-	-	-
Net Debt Issued (Repaid)	-138	-118	-54	-	-	-
Issuance of Common Stock	-	-	-	-	-	10
Repurchase of Common Stock	-	-	-	-167	-	-70
Common Dividends Paid	-439	-173	-258	-407	-108	-175
Other Financing Activities	-3	-2	-	-1	-	-
Financing Cash Flow	-580	-293	-312	-575	-108	-235
Foreign Exchange Rate Adjustments	-2	-3	8	-1	-	-
Miscellaneous Cash Flow Adjustments	-4	-3	50	-1	-1	-1
Net Cash Flow	1,471	929	1,245	-1,958	2,792	320
Free Cash Flow	2,032	1,606	1,534	-592	3,120	556
Free Cash Flow Growth	64.27%	4.69%	-	-	461.15%	-6.08%
Free Cash Flow Margin	7.77%	7.90%	9.05%	-3.47%	12.41%	3.54%
Free Cash Flow Per Share	228.24	180.45	172.33	-65.43	344.39	60.82
Cash Interest Paid	3	3	1	-	-	-
Cash Income Tax Paid	512	31	445	1,401	187	436
Levered Free Cash Flow	2,002	1,262	1,952	-626.13	3,109	346.38
Unlevered Free Cash Flow	2,003	1,264	1,952	-626.13	3,109	346.38
Change in Working Capital	499	259	726	-1,063	62	-14

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