Novarese, Inc. (TYO:9160)

Novarese Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,280	975	1,230	-	-	-
Depreciation & Amortization	2,472	2,481	2,344	-	-	-
Loss (Gain) From Sale of Assets	386	391	33	-	-	-
Loss (Gain) on Equity Investments	-6	-1	-1	-	-	-
Other Operating Activities	-470	-299	-160	-	-	-
Change in Accounts Receivable	-40	-56	-107	-	-	-
Change in Inventory	-35	-13	-10	-	-	-
Change in Accounts Payable	131	224	-157	-	-	-
Change in Other Net Operating Assets	209	189	-176	-	-	-
Operating Cash Flow	3,927	3,891	2,996	-	-	-
Operating Cash Flow Growth	24.91%	29.87%	-	-	-	-
Capital Expenditures	-1,653	-1,396	-1,944	-	-	-
Sale of Property, Plant & Equipment	1	1	-	-	-	-
Sale (Purchase) of Intangibles	-72	-38	-29	-	-	-
Other Investing Activities	-107	-37	-81	-	-	-
Investing Cash Flow	-1,812	-1,450	-2,034	-	-	-
Short-Term Debt Issued	-	211	58	-	-	-
Long-Term Debt Issued	-	10,791	11,947	-	-	-
Total Debt Issued	9,554	11,002	12,005	-	-	-
Long-Term Debt Repaid	-	-10,659	-13,129	-	-	-
Total Debt Repaid	-10,955	-10,659	-13,129	-	-	-
Net Debt Issued (Repaid)	-1,401	343	-1,124	-	-	-
Other Financing Activities	-984	-964	-920	-	-	-
Financing Cash Flow	-2,385	-621	-2,044	-	-	-
Foreign Exchange Rate Adjustments	-4	9	-1	-	-	-
Miscellaneous Cash Flow Adjustments	-2	-1	-1	-	-	-
Net Cash Flow	-276	1,828	-1,084	-	-	-
Free Cash Flow	2,274	2,495	1,052	-	-	-
Free Cash Flow Growth	84.88%	137.17%	-	-	-	-
Free Cash Flow Margin	11.08%	12.93%	5.76%	-	-	-
Free Cash Flow Per Share	90.91	99.80	42.08	-	-	-
Cash Interest Paid	335	286	235	-	-	-
Cash Income Tax Paid	578	376	236	-	-	-
Levered Free Cash Flow	1,929	2,287	26	-	-	-
Unlevered Free Cash Flow	2,213	2,529	229.75	-	-	-
Change in Working Capital	265	344	-450	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.