Ivisionworks 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	60.71	-4,591	2,669
Depreciation & Amortization	499.34	336.63	234.52
Stock-Based Compensation	150.55	271.71	361.72
Provision & Write-off of Bad Debts	-1.54	1.71	3.6
Other Operating Activities	-331.21	7,680	667.48
Change in Accounts Receivable	580.74	2,650	-567.33
Change in Inventory	2,973	2,750	-3,703
Change in Accounts Payable	-697.68	-1,927	2,339
Change in Unearned Revenue	0.38	-6.88	0.63
Change in Other Net Operating Assets	-82.56	-7,620	3,467
Operating Cash Flow	3,170	-455.23	5,473
Capital Expenditures	-3,781	-3,347	-6,577
Sale (Purchase) of Intangibles	0	-122.4	-5.29
Investment in Securities	-22.06	14,355	494
Other Investing Activities	63.09	-167.32	-47.62
Investing Cash Flow	-3,771	10,718	-6,136
Short-Term Debt Issued	-	1,620	-
Long-Term Debt Issued	-	2,124	4,865
Total Debt Issued	1,700	3,744	4,865
Short-Term Debt Repaid	-	-765.16	-
Long-Term Debt Repaid	-	-2,958	-1,294
Total Debt Repaid	-4,127	-3,723	-1,294
Net Debt Issued (Repaid)	-2,427	21.19	3,571
Issuance of Common Stock	473.12	68.43	3,149
Repurchase of Common Stock	-3.09	-26.45	-
Other Financing Activities	-3.16	1,971	0
Financing Cash Flow	-1,960	2,034	6,720
Foreign Exchange Rate Adjustments	55.04	3.64	-4.98
Net Cash Flow	-2,507	12,301	6,052
Free Cash Flow	-611.76	-3,802	-1,104
Free Cash Flow Margin	-2.27%	-10.81%	-4.75%
Free Cash Flow Per Share	-18.89	-121.92	-42.61
Cash Interest Paid	223	206.85	176.63
Cash Income Tax Paid	60.06	201.53	138.93
Levered Free Cash Flow	-1,534	-5,605	-
Unlevered Free Cash Flow	-1,258	-5,430	-
Change in Working Capital	2,774	-4,154	1,537

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