TOYO Co., Ltd. (TOYO)

TOYO Co., Ltd. Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	37.15	40.5	9.89
Depreciation & Amortization	39.59	23.52	2.72
Stock-Based Compensation	13.7	0.61	-
Other Adjustments	4.19	-32	0.19
Change in Receivables	6.6	-18.12	-
Changes in Inventories	-63.36	15.88	-40.73
Changes in Accounts Payable	9.61	3.03	2.08
Changes in Accrued Expenses	13.23	-4.36	8.67
Changes in Income Taxes Payable	14.61	0.78	-
Changes in Unearned Revenue	84.29	-4.63	29.88
Changes in Other Operating Activities	-26.63	21.3	-25.24
Operating Cash Flow	132.99	46.51	-12.53
Operating Cash Flow Growth	185.95%	-	-
Capital Expenditures	-91.75	-44.04	-114.24
Other Investing Activities	-6.65	-	-
Investing Cash Flow	-98.4	-44.04	-114.24
Long-Term Debt Issued	68.68	70.66	105.61
Long-Term Debt Repaid	-63.24	-77.64	-
Net Long-Term Debt Issued (Repaid)	5.44	-6.98	105.61
Issuance of Common Stock	4	6.01	42.36
Net Common Stock Issued (Repurchased)	4	6.01	42.36
Other Financing Activities	-0.34	-1.12	-1.82
Financing Cash Flow	9.1	-2.09	146.15
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.97	-2.22	-2.45
Net Cash Flow	41.71	-1.85	16.93
Free Cash Flow	41.24	2.46	-126.77
Free Cash Flow Growth	1574.51%	-	-
FCF Margin	9.65%	1.39%	-203.23%
Free Cash Flow Per Share	1.36	0.08	-3.09
Levered Free Cash Flow	24.69	45.12	-21.36
Unlevered Free Cash Flow	21.35	20.17	-124.87

Updated Apr 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q