Digital Value Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Net Income	13.53	35.27	38.37	33.95	30.13
Depreciation & Amortization	25.57	30.48	27.98	21.47	12.13
Provision & Write-off of Bad Debts	-	-	-	-	0.73
Other Operating Activities	6.79	12	5.19	0.29	1.72
Change in Accounts Receivable	38.05	-66.8	-48.72	-7.57	-59.13
Change in Inventory	115.41	24.53	14.43	-65.84	-33.21
Change in Accounts Payable	-75.13	-41.12	41.98	84.61	60.79
Change in Other Net Operating Assets	9.07	0.52	-2.78	-15.71	2.19
Operating Cash Flow	133.3	-5.12	76.46	51.19	15.36
Operating Cash Flow Growth	-	-	49.37%	233.16%	-13.94%
Capital Expenditures	-13.73	-13.27	-57.32	-24.4	-20.91
Sale of Property, Plant & Equipment	4.26	1.81	-	-	-
Cash Acquisitions	-1.6	-17.62	-	-	-4.29
Sale (Purchase) of Intangibles	0.07	-7.07	-0.24	-7.65	-6.46
Investment in Securities	-	-	-	-	0.04
Other Investing Activities	0.12	-0.17	-0	-3.82	-
Investing Cash Flow	-10.88	-36.32	-57.56	-35.87	-31.62
Short-Term Debt Issued	-	-	-	-	17.09
Long-Term Debt Issued	-	-	51.19	11.54	33.38
Total Debt Issued	-	-	51.19	11.54	50.46
Long-Term Debt Repaid	-38.02	-0.82	-28.21	-24.35	-
Total Debt Repaid	-38.02	-0.82	-28.21	-24.35	-
Net Debt Issued (Repaid)	-38.02	-0.82	22.98	-12.81	50.46
Common Dividends Paid	-8.12	-9.42	-8.47	-	-
Other Financing Activities	-	11.53	-	-	-
Financing Cash Flow	-46.14	1.29	14.51	-12.81	50.46
Miscellaneous Cash Flow Adjustments	-0	4.49	0	-	4.66
Net Cash Flow	76.28	-35.67	33.4	2.51	38.87
Free Cash Flow	119.58	-18.39	19.13	26.79	-5.54
Free Cash Flow Growth	-	-	-28.58%	-	-
Free Cash Flow Margin	18.68%	-2.25%	2.26%	3.78%	-0.99%
Free Cash Flow Per Share	11.42	-1.81	1.92	2.69	-0.56
Cash Interest Paid	-	4.35	4.6	1.71	-
Cash Income Tax Paid	-	9.17	14.13	15.75	12.31
Levered Free Cash Flow	120.66	-49.79	29.08	13.91	-17.47
Unlevered Free Cash Flow	123.18	-46.86	32.84	15.4	-16.97
Change in Working Capital	87.41	-82.87	4.92	-4.52	-29.35

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