Birdman Cash Flow Statement

Financials in millions JPY. Fiscal year is July - June.

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2020	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '20 Jun 30, 2020	Jun '19 Jun 30, 2019
Net Income	-570	-713	-3,026	51	-599	163
Depreciation & Amortization	-	-	17	12	27	2
Loss (Gain) From Sale of Assets	6	6	63	-	245	3
Loss (Gain) From Sale of Investments	-63	-	-21	-	-	-
Loss (Gain) on Equity Investments	-	-	1	4	2	-
Other Operating Activities	-7	5	20	-70	-88	-44
Change in Accounts Receivable	97	222	180	295	63	-78
Change in Inventory	11	-16	3	-8	-3	-11
Change in Accounts Payable	-42	-75	-160	-37	-84	63
Change in Other Net Operating Assets	-427	275	801	-404	19	-10
Operating Cash Flow	-995	-296	-2,122	-157	-418	88
Capital Expenditures	-693	-	-2	-11	-55	-38
Sale of Property, Plant & Equipment	-	-	-	29	-	-
Cash Acquisitions	-	-	-	-	-191	-
Divestitures	-	-	-	-	-	-10
Sale (Purchase) of Intangibles	-	-	-	-	-17	-
Investment in Securities	68	-	101	-	-98	-
Other Investing Activities	-32	-37	7	17	35	-100
Investing Cash Flow	-1,236	18	51	35	-325	-148
Short-Term Debt Issued	-	-	305	239	-	-
Long-Term Debt Issued	-	-	-	600	700	35
Total Debt Issued	-74	-	305	839	700	35
Short-Term Debt Repaid	-	-152	-	-	-17	-
Long-Term Debt Repaid	-	-331	-321	-236	-113	-74
Total Debt Repaid	-531	-483	-321	-236	-130	-74
Net Debt Issued (Repaid)	-605	-483	-16	603	570	-39
Issuance of Common Stock	3,074	2,440	1,066	9	29	584
Other Financing Activities	-96	-68	-60	-	55	15
Financing Cash Flow	2,373	1,889	990	612	654	560
Miscellaneous Cash Flow Adjustments	-	1	-	1	-88	-1
Net Cash Flow	142	1,612	-1,081	491	-177	499
Free Cash Flow	-1,688	-296	-2,124	-168	-473	50
Free Cash Flow Margin	-524.22%	-92.79%	-101.87%	-3.75%	-22.30%	2.34%
Free Cash Flow Per Share	-90.31	-28.87	-404.27	-32.86	-98.39	11.76
Cash Interest Paid	32	30	28	8	1	1
Cash Income Tax Paid	1	2	-14	70	92	44
Levered Free Cash Flow	-2,040	21.5	-475.25	-	-178.25	102
Unlevered Free Cash Flow	-2,023	43.38	-457.75	-	-177.63	102.63
Change in Working Capital	-361	406	824	-154	-5	-36

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.