CURVES HOLDINGS Cash Flow Statement

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021	Aug '20 Aug 31, 2020	2018 - 2019
Net Income	5,446	3,822	3,134	1,705	1,147	Upgrade
Depreciation & Amortization	2,233	2,309	1,994	1,746	1,679	Upgrade
Loss (Gain) From Sale of Assets	26	19	5	10	17	Upgrade
Other Operating Activities	-2,072	-1,457	-1,337	-169	-550	Upgrade
Change in Accounts Receivable	-620	-252	-188	-602	536	Upgrade
Change in Inventory	-395	-87	172	421	-617	Upgrade
Change in Accounts Payable	652	247	-160	-33	-122	Upgrade
Change in Other Net Operating Assets	156	319	-347	162	-208	Upgrade
Operating Cash Flow	5,426	4,920	3,273	3,240	1,882	Upgrade
Operating Cash Flow Growth	10.29%	50.32%	1.02%	72.16%	-	Upgrade
Capital Expenditures	-149	-162	-218	-250	-113	Upgrade
Sale (Purchase) of Intangibles	-805	-687	-717	-407	-311	Upgrade
Investment in Securities	20	-	-	-	-20	Upgrade
Other Investing Activities	-33	-42	-8	-76	-20	Upgrade
Investing Cash Flow	-967	-891	-943	-733	-464	Upgrade
Long-Term Debt Issued	-	-	1,000	-	4,964	Upgrade
Long-Term Debt Repaid	-3,290	-3,290	-3,173	-1,840	-1,840	Upgrade
Net Debt Issued (Repaid)	-3,290	-3,290	-2,173	-1,840	3,124	Upgrade
Issuance of Common Stock	-	-	-	-	1,657	Upgrade
Repurchase of Common Stock	-	-	-1,247	-	-	Upgrade
Dividends Paid	-1,032	-797	-797	-469	-2,016	Upgrade
Other Financing Activities	-5	-4	-1	-	-	Upgrade
Financing Cash Flow	-4,327	-4,091	-4,218	-2,309	2,765	Upgrade
Foreign Exchange Rate Adjustments	15	-25	73	28	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-1	-1	-	-	Upgrade
Net Cash Flow	147	-88	-1,816	226	4,183	Upgrade
Free Cash Flow	5,277	4,758	3,055	2,990	1,769	Upgrade
Free Cash Flow Growth	10.91%	55.74%	2.17%	69.02%	-	Upgrade
Free Cash Flow Margin	14.88%	15.85%	11.11%	12.12%	7.05%	Upgrade
Free Cash Flow Per Share	57.32	51.69	32.89	31.86	20.19	Upgrade
Cash Interest Paid	43	50	56	66	58	Upgrade
Cash Income Tax Paid	2,076	1,454	1,338	172	551	Upgrade
Levered Free Cash Flow	4,640	4,540	2,590	3,020	1,382	Upgrade
Unlevered Free Cash Flow	4,668	4,570	2,625	3,061	1,418	Upgrade
Change in Working Capital	-207	227	-523	-52	-411	Upgrade

Updated Jan 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.