Tubacex, S.A. (BME:TUB)

Tubacex Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-46.18	-31.28	22.85	36.33	20.23	-32.21
Depreciation & Amortization	48.91	47.5	43.47	44.49	47.9	44.53
Asset Writedown & Restructuring Costs	18.6	18.6	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-	-0.43
Loss (Gain) on Equity Investments	-0.12	-0.12	-	-	-	-
Provision & Write-off of Bad Debts	0.37	0.37	0.07	1.92	-1.47	-
Other Operating Activities	1.87	2.82	-1.61	5.42	8.36	-20.77
Change in Accounts Receivable	40.18	9.93	-7.76	16.63	-29.96	-10.81
Change in Inventory	21.45	2.66	-10.33	-40.02	-64.82	-66.65
Change in Accounts Payable	-56.32	-63.38	-81.89	35.38	110.11	55.26
Change in Other Net Operating Assets	35.65	-0.69	1.4	-9.01	-2.74	7.16
Operating Cash Flow	64.42	-13.58	-33.8	91.15	87.61	-23.93
Operating Cash Flow Growth	-	-	-	4.04%	-	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-43.33	-52.59	-69.61	-56.38	-19.46	-18.43
Sale of Property, Plant & Equipment	7.79	17.29	-	-	1.75	-
Cash Acquisitions	-	-6.3	-	-	-	17.76
Sale (Purchase) of Intangibles	-13.56	-13.56	-17.36	-6.56	-7.33	-8.31
Other Investing Activities	1.53	1.53	1.34	1.95	2.61	2.34
Investing Cash Flow	-47.57	-53.63	-85.63	-60.98	-22.43	-6.64

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	74.64	150.1	41.93	79.52	367.15
Total Debt Issued	18.52	74.64	150.1	41.93	79.52	367.15
Long-Term Debt Repaid	-	-59.81	-131.08	-61.55	-112.5	-352.06
Total Debt Repaid	-36.67	-59.81	-131.08	-61.55	-112.5	-352.06
Net Debt Issued (Repaid)	-18.15	14.83	19.03	-19.62	-32.98	15.09
Issuance of Common Stock	-	-	1.77	0.18	-	-
Repurchase of Common Stock	-2.24	-0.16	-	-	-5.12	-4.04
Common Dividends Paid	-0	-25	-14.5	-8.09	-	-
Other Financing Activities	0.89	0.89	176.41	-7.59	-	-
Financing Cash Flow	-19.5	-9.44	182.71	-35.12	-38.1	11.05

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	0.32	-3.9	2.67	0.05	-3.35	0.76
Net Cash Flow	-2.34	-80.55	65.95	-4.9	23.73	-18.76

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	21.09	-66.17	-103.4	34.78	68.15	-42.35
Free Cash Flow Growth	-	-	-	-48.97%	-	-
Free Cash Flow Margin	3.08%	-9.15%	-13.42%	4.07%	9.50%	-12.33%
Free Cash Flow Per Share	0.22	-0.54	-0.83	0.28	0.55	-0.34
Levered Free Cash Flow	12.37	-68.35	-124.13	32.3	44	-21.95
Unlevered Free Cash Flow	29.9	-50.6	-100.68	53.02	57.91	-12.84

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	31.4	28.93	36.35	31.72	22.57	14.57
Cash Income Tax Paid	5.48	5.48	3.13	5.82	0.4	-0.23
Change in Working Capital	40.96	-51.48	-98.58	2.99	12.59	-15.03

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 4, 2026

Data Sources Report a data error