K Wave Media Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-208,110	-3,558	2,792
Depreciation & Amortization	3,250	3,174	3,284
Stock-Based Compensation	25,637	-180.13	-25.76
Other Adjustments	170,061	3,823	-40.31
Change in Receivables	5,929	-3,012	7,647
Changes in Inventories	-727.45	-1,972	3,329
Changes in Accounts Payable	-8,056	-447.98	-19,972
Changes in Income Taxes Payable	262.56	-707.92	-3,177
Changes in Unearned Revenue	646.6	-	-
Changes in Other Operating Activities	1,336	36.15	-2,214
Operating Cash Flow	-9,773	-2,857	-8,378
Capital Expenditures	-114.73	-273.22	-949.58
Sale of Property, Plant & Equipment	25.26	53.28	4.29
Purchases of Intangible Assets	-13,824	-	-
Purchases of Investments	-3,160	-178.07	-610.09
Proceeds from Sale of Investments	3,314	334.99	4,136
Payments for Business Acquisitions	508.24	-	-
Other Investing Activities	-2,568	-298.01	-4,370
Investing Cash Flow	-16,345	-361.04	-1,790
Short-Term Debt Issued	6,352	870	130
Short-Term Debt Repaid	-3,410	-394	-
Net Short-Term Debt Issued (Repaid)	2,942	476	130
Long-Term Debt Issued	28,963	-	-
Long-Term Debt Repaid	-18.72	-24.96	-24.96
Net Long-Term Debt Issued (Repaid)	28,944	-24.96	-24.96
Issuance of Common Stock	1,408	-	-
Repurchase of Common Stock	-1,010	-75	-10,677
Net Common Stock Issued (Repurchased)	398	-75	-10,677
Other Financing Activities	-1,993	-1,663	-1,618
Financing Cash Flow	30,291	-1,287	-12,190
Effect of Exchange Rate Changes on Cash and Cash Equivalents	41.11	70.52	361.53
Net Cash Flow	4,214	-4,506	-22,357
Free Cash Flow	-9,888	-3,130	-9,327
FCF Margin	-12.66%	-7.28%	-13.82%
Free Cash Flow Per Share	-160.58	-356.63	-1062.60
Levered Free Cash Flow	-177,260	-2,281	-16,458
Unlevered Free Cash Flow	-198,539	-3,085	-16,951

SEC Filings: 10-K · 10-Q