Shaperon 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	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-14,589	-14,903	-12,403	-10,673
Depreciation & Amortization	1,194	1,196	787.46	539.29
Loss (Gain) From Sale of Assets	0.94	-0.25	0.05	13.87
Stock-Based Compensation	-530.57	-663.29	292.42	1,253
Other Operating Activities	291.07	872.17	-18.19	262.49
Change in Inventory	-236.03	-126.67	85.37	124.42
Change in Other Net Operating Assets	-3,009	-3,112	-1,753	527.7
Operating Cash Flow	-16,879	-16,737	-13,010	-7,952
Capital Expenditures	281.19	-283.75	-1,907	-187.26
Sale of Property, Plant & Equipment	42.15	0.25	-	-
Sale (Purchase) of Intangibles	-386.36	-280.33	-25.38	-
Investment in Securities	9,406	13,500	14,000	-7,500
Other Investing Activities	-16.48	38.92	-511.12	110.4
Investing Cash Flow	9,326	12,975	11,556	-7,577
Long-Term Debt Repaid	-	-338.45	-259.39	-131.57
Net Debt Issued (Repaid)	-340.86	-338.45	-259.39	-131.57
Issuance of Common Stock	-	12,467	1,947	14,262
Other Financing Activities	548.61	423.63	1,908	624.07
Financing Cash Flow	207.75	12,552	3,595	14,754
Foreign Exchange Rate Adjustments	84.04	108.24	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-0
Net Cash Flow	-7,261	8,898	2,142	-774.1
Free Cash Flow	-16,598	-17,021	-14,917	-8,139
Free Cash Flow Margin	-9252.55%	-96138.63%	-6929.84%	-406.95%
Free Cash Flow Per Share	-616.35	-631.49	-650.13	-405.71
Cash Interest Paid	66.96	82.26	75.63	10.36
Cash Income Tax Paid	-	-3.09	60.01	29.31
Levered Free Cash Flow	-8,883	-9,529	-9,648	-
Unlevered Free Cash Flow	-8,858	-9,495	-9,625	-
Change in Working Capital	-3,245	-3,238	-1,668	652.12

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