Azerion Group N.V. (AMS:AZRN)

Azerion Group Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-34.6	-57.9	23.7	-134.3	-19.6
Depreciation & Amortization	47.6	47.8	46.4	38	22.9
Loss (Gain) From Sale of Assets	-22.1	-	0.1	-	-
Asset Writedown & Restructuring Costs	-	-	-	0.5	1.9
Loss (Gain) on Equity Investments	-0.3	-	-	-	-
Stock-Based Compensation	-	0.4	0.8	22.7	1.2
Other Operating Activities	13.9	29.3	-48.1	97	14
Change in Accounts Receivable	-19.2	21.3	12.2	-22.1	-2.7
Change in Accounts Payable	26.2	-33.1	14.8	43.1	6.6
Change in Other Net Operating Assets	-	-	-	-	-0.3
Operating Cash Flow	11.5	7.8	49.9	44.9	24
Operating Cash Flow Growth	47.44%	-84.37%	11.14%	87.08%	22.75%
Capital Expenditures	-0.8	-0.8	-1.5	-1.5	-1.4
Cash Acquisitions	-16.2	-27.7	-43.9	-54.1	-64.3
Divestitures	51.2	11.2	66	-	-
Sale (Purchase) of Intangibles	-20.5	-20	-23.3	-20.2	-16.7
Investment in Securities	-	0.5	-2.6	-	-
Investing Cash Flow	13.7	-36.8	-5.3	-75.8	-83.1
Long-Term Debt Issued	232.4	94.2	163.1	0.5	227.5
Long-Term Debt Repaid	-280.1	-11.8	-211.1	-12.6	-117.9
Net Debt Issued (Repaid)	-47.7	82.4	-48	-12.1	109.6
Other Financing Activities	-9.1	-2.3	-7.4	59.5	-25.6
Financing Cash Flow	-56.8	80.1	-55.4	47.4	84
Foreign Exchange Rate Adjustments	-0.5	-0.8	0.2	-0.9	-
Miscellaneous Cash Flow Adjustments	-0.5	-	-	-	-
Net Cash Flow	-32.6	50.3	-10.6	15.6	24.9
Free Cash Flow	10.7	7	48.4	43.4	22.6
Free Cash Flow Growth	52.86%	-85.54%	11.52%	92.03%	16.83%
Free Cash Flow Margin	1.98%	1.27%	9.40%	9.59%	7.33%
Free Cash Flow Per Share	-	0.06	0.39	0.38	0.25
Cash Interest Paid	35.1	26.8	17.2	18.7	14
Cash Income Tax Paid	3.5	4.2	3.7	1.4	1.3
Levered Free Cash Flow	17.54	2.65	8.19	24.24	61.06
Unlevered Free Cash Flow	51.98	23.46	25.5	38.36	73.5
Change in Working Capital	7	-11.8	27	21	3.6

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