GrandTech Cloud Services Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	102.6	95.47	67.57	63.01
Depreciation & Amortization	4.9	5.14	8.69	8.33
Other Amortization	0.65	0.65	0.72	0.59
Loss (Gain) From Sale of Assets	-0.01	0.02	0.49	0.01
Stock-Based Compensation	-	0.72	-	0
Provision & Write-off of Bad Debts	-0.02	0.24	0.05	-1.48
Other Operating Activities	10.11	10.2	7.51	11.89
Change in Accounts Receivable	37.88	-73.86	-41.5	-43.95
Change in Inventory	6.3	-19.75	13.78	-0.52
Change in Accounts Payable	-72.53	24.7	64.31	39.64
Change in Unearned Revenue	-3.67	0.67	-4.18	16.14
Change in Other Net Operating Assets	71.48	-86.8	-94.7	-114.02
Operating Cash Flow	157.7	-42.61	22.74	-20.36
Capital Expenditures	-1.25	-0.81	-7.62	-0.6
Sale of Property, Plant & Equipment	0.01	-	0.32	-
Sale (Purchase) of Intangibles	-	-	-0.03	-3.33
Investment in Securities	-0.36	-0.36	-1.88	-
Other Investing Activities	1.95	1.82	0.58	9.91
Investing Cash Flow	0.34	0.65	-8.63	5.98
Short-Term Debt Issued	-	555	95	40
Total Debt Issued	595	555	95	40
Short-Term Debt Repaid	-	-455	-135	-
Long-Term Debt Repaid	-	-2.72	-6.49	-6.5
Total Debt Repaid	-632.54	-457.72	-141.49	-6.5
Net Debt Issued (Repaid)	-37.54	97.28	-46.49	33.5
Issuance of Common Stock	-	21.51	-	96
Common Dividends Paid	-	-30.58	-23.69	-1.68
Other Financing Activities	-6.9	0.22	-5.27	-11.72
Financing Cash Flow	-44.45	88.42	-75.44	116.1
Foreign Exchange Rate Adjustments	-4.89	3.1	-0.14	2.05
Net Cash Flow	108.7	49.57	-61.47	103.77
Free Cash Flow	156.45	-43.42	15.12	-20.96
Free Cash Flow Margin	9.88%	-3.04%	1.44%	-2.39%
Free Cash Flow Per Share	6.62	-1.85	0.65	-0.93
Cash Interest Paid	1.97	1.49	0.46	0.8
Cash Income Tax Paid	18.82	21.81	19.46	14.52
Levered Free Cash Flow	198.88	-14.45	19.3	-
Unlevered Free Cash Flow	200.09	-13.48	19.58	-
Change in Working Capital	39.46	-155.05	-62.28	-102.71

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.