Gaiax Co.Ltd. Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	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	2016 - 2020
Net Income	479	297	284	-352	-44	157	Upgrade
Depreciation & Amortization	32	35	19	59	55	26	Upgrade
Loss (Gain) From Sale of Assets	75	75	-	179	6	-	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	-	-154	-	Upgrade
Other Operating Activities	-13	-5	-9	-1	-3	-10	Upgrade
Change in Accounts Receivable	-8	-124	-8	-54	-76	11	Upgrade
Change in Inventory	-73	-28	-96	-5	-2	-	Upgrade
Change in Accounts Payable	6	82	-13	33	24	16	Upgrade
Change in Other Net Operating Assets	99	58	-211	40	39	16	Upgrade
Operating Cash Flow	597	390	-34	-101	-155	216	Upgrade
Capital Expenditures	-10	-4	-17	-18	-35	-24	Upgrade
Cash Acquisitions	-	-83	-44	-	-22	-83	Upgrade
Divestitures	-	-	-	-	81	-	Upgrade
Sale (Purchase) of Intangibles	-7	-6	-12	-2	-	-	Upgrade
Investment in Securities	-50	1	1	-	-	-	Upgrade
Other Investing Activities	-2	-1	140	-2	-7	-	Upgrade
Investing Cash Flow	-111	-195	87	4	8	-133	Upgrade
Short-Term Debt Issued	-	91	-	-	-	-	Upgrade
Long-Term Debt Issued	-	400	-	-	100	-	Upgrade
Total Debt Issued	291	491	-	-	100	-	Upgrade
Long-Term Debt Repaid	-	-189	-40	-62	-65	-92	Upgrade
Total Debt Repaid	-161	-189	-40	-62	-65	-92	Upgrade
Net Debt Issued (Repaid)	130	302	-40	-62	35	-92	Upgrade
Issuance of Common Stock	-	-	-	98	-	-	Upgrade
Dividends Paid	-277	-277	-25	-	-	-	Upgrade
Other Financing Activities	-2	-1	-9	-3	29	-	Upgrade
Financing Cash Flow	-149	24	-74	33	64	-92	Upgrade
Foreign Exchange Rate Adjustments	-2	4	5	8	4	-	Upgrade
Miscellaneous Cash Flow Adjustments	-1	1	-	-14	2	1	Upgrade
Net Cash Flow	334	224	-16	-70	-77	-8	Upgrade
Free Cash Flow	587	386	-51	-119	-190	192	Upgrade
Free Cash Flow Margin	15.38%	11.45%	-1.88%	-4.58%	-8.65%	7.85%	Upgrade
Free Cash Flow Per Share	115.04	75.64	-9.99	-24.21	-38.67	39.08	Upgrade
Cash Interest Paid	3	2	1	1	2	1	Upgrade
Cash Income Tax Paid	13	7	5	1	5	-	Upgrade
Levered Free Cash Flow	512.25	311.88	289.25	202	-172.75	-762.13	Upgrade
Unlevered Free Cash Flow	514.13	313.13	289.88	202.63	-172.13	-761.5	Upgrade
Change in Working Capital	24	-12	-328	14	-15	43	Upgrade

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