GMO internet group, Inc. (TYO:9449)

GMO internet group Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	52,942	44,887	42,983	57,660	43,715
Depreciation & Amortization	18,481	14,954	13,580	13,666	9,516
Loss (Gain) From Sale of Assets	736	2,978	1,907	3,290	725
Loss (Gain) From Sale of Investments	-	-2,858	-2,790	-20,620	-1,003
Loss (Gain) on Equity Investments	-132	1,349	1,174	414	693
Other Operating Activities	-8,944	-17,996	-14,925	-19,301	-15,907
Change in Accounts Receivable	-8,068	-1,104	-1,403	2,110	-2,361
Change in Inventory	-862	-1,734	-	-	-
Change in Accounts Payable	40,036	-10,519	-2,644	-8,386	-1,241
Change in Other Net Operating Assets	-38,652	54,778	-22,968	-3,192	-57,920
Operating Cash Flow	55,537	84,735	14,914	25,641	-23,783
Operating Cash Flow Growth	-34.46%	468.16%	-41.84%	-	-

Investing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-7,111	-26,111	-15,726	-4,316	-4,690
Cash Acquisitions	-4,817	-3,454	-55	-6,349	-16,031
Divestitures	-670	-	-	-	-
Sale (Purchase) of Intangibles	-4,937	-4,855	-6,715	-6,085	-3,806
Investment in Securities	7,113	-34,718	7,578	12,037	859
Other Investing Activities	521	-2,176	-709	1,569	-28,159
Investing Cash Flow	-9,901	-71,499	-16,363	-2,828	-51,765

Financing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	18,218	11,639	-	34,187	-
Long-Term Debt Issued	63,026	92,481	121,036	68,237	145,159
Total Debt Issued	81,244	104,120	121,036	102,424	145,159
Short-Term Debt Repaid	-	-	-19,847	-	-6,121
Long-Term Debt Repaid	-34,510	-25,723	-21,618	-10,262	-36,524
Total Debt Repaid	-34,510	-25,723	-41,465	-10,262	-42,645
Net Debt Issued (Repaid)	46,734	78,397	79,571	92,162	102,514
Repurchase of Common Stock	-15,037	-3,644	-1,510	-7,517	-1,904
Common Dividends Paid	-5,527	-4,877	-3,187	-6,467	-5,558
Other Financing Activities	11,356	-9,099	-9,899	-15,736	-5,163
Financing Cash Flow	37,526	60,777	64,975	62,442	89,889

Net Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	1,331	3,577	3,162	2,933	1,023
Miscellaneous Cash Flow Adjustments	2,234	1	-	-1	-
Net Cash Flow	86,727	77,591	66,688	88,187	15,364

Free Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	48,426	58,624	-812	21,325	-28,473
Free Cash Flow Growth	-17.40%	-	-	-	-
Free Cash Flow Margin	16.97%	21.13%	-0.31%	8.68%	-11.79%
Free Cash Flow Per Share	473.87	554.75	-7.63	198.90	-259.41
Levered Free Cash Flow	-458,191	45,793	651.38	38,448	82,774
Unlevered Free Cash Flow	-454,420	47,746	2,101	39,045	83,253

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	7,279	5,799	4,189	2,518	1,548
Cash Income Tax Paid	13,824	17,689	15,279	18,697	14,597
Change in Working Capital	-7,546	41,421	-27,015	-9,468	-61,522

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 6, 2026

Data Sources Report a data error