Gaiax Co.Ltd. Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	297	284	-352	-44	157
Depreciation & Amortization	35	19	59	55	26
Loss (Gain) From Sale of Assets	75	-	179	6	-
Loss (Gain) From Sale of Investments	-	-	-	-154	-
Other Operating Activities	-5	-9	-1	-3	-10
Change in Accounts Receivable	-124	-8	-54	-76	11
Change in Inventory	-28	-96	-5	-2	-
Change in Accounts Payable	82	-13	33	24	16
Change in Other Net Operating Assets	58	-211	40	39	16
Operating Cash Flow	390	-34	-101	-155	216
Capital Expenditures	-4	-17	-18	-35	-24
Cash Acquisitions	-83	-44	-	-22	-83
Divestitures	-	-	-	81	-
Sale (Purchase) of Intangibles	-6	-12	-2	-	-
Investment in Securities	1	1	-	-	-
Other Investing Activities	-1	140	-2	-7	-
Investing Cash Flow	-195	87	4	8	-133
Short-Term Debt Issued	91	-	-	-	-
Long-Term Debt Issued	400	-	-	100	-
Total Debt Issued	491	-	-	100	-
Long-Term Debt Repaid	-189	-40	-62	-65	-92
Total Debt Repaid	-189	-40	-62	-65	-92
Net Debt Issued (Repaid)	302	-40	-62	35	-92
Issuance of Common Stock	-	-	98	-	-
Common Dividends Paid	-277	-25	-	-	-
Other Financing Activities	-1	-9	-3	29	-
Financing Cash Flow	24	-74	33	64	-92
Foreign Exchange Rate Adjustments	4	5	8	4	-
Miscellaneous Cash Flow Adjustments	1	-	-14	2	1
Net Cash Flow	224	-16	-70	-77	-8
Free Cash Flow	386	-51	-119	-190	192
Free Cash Flow Margin	11.45%	-1.88%	-4.58%	-8.65%	7.85%
Free Cash Flow Per Share	75.64	-9.99	-24.21	-38.67	39.08
Cash Interest Paid	2	1	1	2	1
Cash Income Tax Paid	7	5	1	5	-
Levered Free Cash Flow	311.88	289.25	202	-172.75	-762.13
Unlevered Free Cash Flow	313.13	289.88	202.63	-172.13	-761.5
Change in Working Capital	-12	-328	14	-15	43

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