uSonar Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	1,256	-	-	-	-	Upgrade
Depreciation & Amortization	322	-	-	-	-	Upgrade
Other Operating Activities	-315	-	-	-	-	Upgrade
Change in Accounts Receivable	-38	-	-	-	-	Upgrade
Change in Accounts Payable	55	-	-	-	-	Upgrade
Change in Other Net Operating Assets	431	-	-	-	-	Upgrade
Operating Cash Flow	1,711	-	-	-	-	Upgrade
Capital Expenditures	-29	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-144	-	-	-	-	Upgrade
Investment in Securities	-502	-	-	-	-	Upgrade
Other Investing Activities	-508	-	-	-	-	Upgrade
Investing Cash Flow	-1,183	-	-	-	-	Upgrade
Long-Term Debt Issued	148	-	-	-	-	Upgrade
Long-Term Debt Repaid	-109	-	-	-	-	Upgrade
Net Debt Issued (Repaid)	39	-	-	-	-	Upgrade
Issuance of Common Stock	730	-	-	-	-	Upgrade
Other Financing Activities	-18	-	-	-	-	Upgrade
Financing Cash Flow	751	-	-	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	1	-	-	-	-	Upgrade
Net Cash Flow	1,280	-	-	-	-	Upgrade
Free Cash Flow	1,682	-	-	-	-	Upgrade
Free Cash Flow Margin	23.39%	-	-	-	-	Upgrade
Free Cash Flow Per Share	213.71	-	-	-	-	Upgrade
Cash Interest Paid	3	-	-	-	-	Upgrade
Cash Income Tax Paid	316	-	-	-	-	Upgrade
Levered Free Cash Flow	1,507	-	-	-	-	Upgrade
Unlevered Free Cash Flow	1,509	-	-	-	-	Upgrade
Change in Working Capital	448	-	-	-	-	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.