JOYWORKS&Co Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-6,780	1,373	2,460
Depreciation & Amortization	3,415	3,085	2,634
Loss (Gain) From Sale of Assets	34.2	-2.67	-
Loss (Gain) From Sale of Investments	-1,147	-977.08	-113.85
Loss (Gain) on Equity Investments	-26.69	309.05	-
Stock-Based Compensation	25.9	28.12	60.72
Provision & Write-off of Bad Debts	11.43	1,927	68.16
Other Operating Activities	5,373	-2,455	1,097
Change in Accounts Receivable	747.44	383.86	-1,268
Change in Inventory	2,121	-687.06	-876.22
Change in Accounts Payable	-851.07	-1,213	1,466
Change in Other Net Operating Assets	-3,687	-1,620	-1,012
Operating Cash Flow	-764.78	150.88	4,516
Operating Cash Flow Growth	-	-96.66%	-
Capital Expenditures	-16,280	-408.76	-189.09
Sale of Property, Plant & Equipment	0.96	68.66	-
Cash Acquisitions	-11,504	1,650	-
Sale (Purchase) of Intangibles	-1,046	-169.5	-18.65
Investment in Securities	23,263	-2,252	-4,918
Other Investing Activities	141.14	141.14	-48.5
Investing Cash Flow	-8,925	-4,470	-5,174
Long-Term Debt Issued	-	19,700	-
Short-Term Debt Repaid	-	-127.11	-
Long-Term Debt Repaid	-	-11,593	-2,129
Total Debt Repaid	-11,790	-11,720	-2,129
Net Debt Issued (Repaid)	12,304	7,980	-2,129
Issuance of Common Stock	2,141	48.13	115.65
Repurchase of Common Stock	-359.75	-1,993	-
Other Financing Activities	239.48	60.48	-42
Financing Cash Flow	14,324	6,095	-2,055
Net Cash Flow	4,635	1,776	-2,714
Free Cash Flow	-17,045	-257.89	4,327
Free Cash Flow Margin	-43.89%	-0.55%	10.54%
Free Cash Flow Per Share	-806.93	-9.21	203.65
Cash Interest Paid	79.29	280.07	336.31
Cash Income Tax Paid	-	557.81	77.03
Levered Free Cash Flow	-22,440	2,398	-
Unlevered Free Cash Flow	-21,240	3,639	-
Change in Working Capital	-1,670	-3,136	-1,691

Source: S&P Global Market Intelligence. Standard template. Financial Sources.