Seri Industrial S.p.A. (BIT:SERI)

Seri Industrial 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	14.22	25.1	-11.97	-4.39	-1.53
Depreciation & Amortization	41.31	23.87	26.77	21.66	20.63
Other Amortization	-	9.92	-	-	-
Loss (Gain) From Sale of Assets	0.04	-32.3	0.01	-1	0.02
Asset Writedown & Restructuring Costs	-	-0.39	-	-	-
Other Operating Activities	-31.26	-24.83	-3.57	-4.56	-5.43
Change in Accounts Receivable	-14.56	3.21	-5.68	4.74	2.37
Change in Inventory	-3.61	-4.98	1.4	-12.15	-15.38
Change in Accounts Payable	-7.06	51.36	-5.94	-1.41	10.13
Change in Other Net Operating Assets	-35.35	-30.83	75.41	-9.41	1.37
Operating Cash Flow	-36.28	20.13	76.43	-6.5	12.19
Operating Cash Flow Growth	-	-73.66%	-	-	1426.94%
Capital Expenditures	-62.18	-64.01	-5.14	-8.3	-18.83
Sale of Property, Plant & Equipment	-	-	-	0.5	0.54
Cash Acquisitions	-	-46.34	-	-	-
Divestitures	-	-	-	0.08	-
Sale (Purchase) of Intangibles	-26.67	-23.52	-19.38	-9.54	-6.72
Investing Cash Flow	-89.04	-25	-25.14	-16.62	-24.6
Long-Term Debt Issued	158.19	-	0.72	13.42	25.04
Total Debt Issued	158.19	-	0.72	13.42	25.04
Long-Term Debt Repaid	-28.52	-24.19	-16.38	-12.02	-9.41
Total Debt Repaid	-28.52	-24.19	-16.38	-12.02	-9.41
Net Debt Issued (Repaid)	129.66	-24.19	-15.66	1.41	15.62
Other Financing Activities	-4.77	11.18	4	27.03	8.47
Financing Cash Flow	124.9	-13.02	-11.66	28.44	24.09
Net Cash Flow	-0.41	-17.88	39.64	5.32	11.67
Free Cash Flow	-98.45	-43.88	71.29	-14.8	-6.64
Free Cash Flow Margin	-26.40%	-19.73%	38.59%	-8.12%	-4.01%
Free Cash Flow Per Share	-1.59	-0.81	1.32	-0.31	-0.14
Cash Interest Paid	-	11.33	9.44	5.67	4.41
Levered Free Cash Flow	-177.05	-54.24	-17.13	-19.91	-12.89
Unlevered Free Cash Flow	-168.61	-47	-11.06	-16.04	-10.03
Change in Working Capital	-60.58	18.76	65.19	-18.22	-1.51

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