izertis 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	3.87	4.28	5.04	3.83	2.33
Depreciation & Amortization	11.04	8.16	7.19	4.77	3.01
Other Amortization	-	1.38	1.08	1.2	1.13
Asset Writedown & Restructuring Costs	-0.29	0.1	-0.06	-0.05	0.03
Loss (Gain) on Equity Investments	0.27	0.01	0.01	0.39	0.04
Other Operating Activities	7.05	4.82	1.74	0.68	0.12
Change in Accounts Receivable	0.48	-4.4	-5.65	-5.75	-0.61
Change in Inventory	-0.27	0.43	-0.38	0.07	-0.46
Change in Accounts Payable	7.74	-3.98	5.34	4.8	-0.1
Change in Other Net Operating Assets	-0.76	-0.62	-0.99	-0.43	-0.15
Operating Cash Flow	29.13	10.18	13.32	9.53	5.35
Operating Cash Flow Growth	186.19%	-23.59%	39.83%	77.99%	-26.13%
Capital Expenditures	-0.72	-2.04	-0.83	-0.65	-0.5
Sale of Property, Plant & Equipment	1.47	-	0.1	-	-
Cash Acquisitions	-11.17	-12.02	-16.7	-18.9	-3.55
Divestitures	-	-	-	0.36	-
Sale (Purchase) of Intangibles	-3.23	-2.82	-2.2	-1.44	-1.43
Investment in Securities	-	-1.17	-0.37	0.41	0.1
Other Investing Activities	0.04	0.06	0.08	0.08	0.17
Investing Cash Flow	-13.6	-18	-19.92	-20.13	-5.22
Long-Term Debt Issued	47.94	54	49.91	47.07	39.74
Total Debt Issued	47.94	54	49.91	47.07	39.74
Long-Term Debt Repaid	-33.67	-39.48	-43.44	-32.5	-19.9
Net Debt Issued (Repaid)	14.27	14.52	6.47	14.56	19.83
Issuance of Common Stock	-	9.03	3.64	-	4.91
Repurchase of Common Stock	-4.06	-7.4	-6.04	-4.16	-1.25
Other Financing Activities	-4.1	-5.27	-3.68	-1.92	-0.88
Financing Cash Flow	6.12	10.87	0.38	8.48	22.61
Net Cash Flow	21.64	3.05	-6.22	-2.12	22.74
Free Cash Flow	28.41	8.13	12.49	8.88	4.85
Free Cash Flow Growth	249.25%	-34.89%	40.69%	83.11%	-30.20%
Free Cash Flow Margin	17.02%	6.02%	10.53%	9.89%	7.28%
Free Cash Flow Per Share	1.03	0.29	0.49	0.38	0.21
Cash Interest Paid	-	5.27	3.68	1.92	0.88
Cash Income Tax Paid	-	0.54	2.65	0.04	0.32
Levered Free Cash Flow	29.42	-10.54	10.74	6.41	3.02
Unlevered Free Cash Flow	32.77	-7.24	13.27	7.61	3.62
Change in Working Capital	7.19	-8.58	-1.68	-1.3	-1.32

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